NOT LISTED FOR SALE

8528 SE Merritt Way Jupiter, FL 33458

Estimated Value: $1,945,000 - $2,575,000

4 Beds
2 Baths
2,400 Sq Ft
$943/Sq Ft Est. Value

Last Sold December 28, 2012

Last sale price $665,000 $277 Per Sq Ft

Est. 240% increase in value since last sale

Current estimated payment $12,953/month

9 Days on Market

Highlights

  • Boat Ramp
  • Property has ocean access
  • Private Pool
  • South Fork High School Rated A-
  • Home fronts navigable water
  • River View

About This Home

As of December 2012

Newly renovated CBS Riverfront Home an oversized half acre lot and 100ft of waterfrontage. New kitchen w/ Granite Countertop, Wood Cabinets and Stainless Appliances, gas cooktop. Beautiful new wood floors throughout, desirable split floorplan, and large family room w/ fireplace. Backyard features an oversized covered patio ideal for entertaining with pool that flows into huge backyard, fully equipped dock w/ 2 lifts for boats and 2 jetski lifts -- a boater's paradise!! Low taxes and no homeowners maintenan

Last Agent to Sell the Property

Milla Russo

Illustrated Properties LLC (Jupiter) License #3108017 Listed on: 11/18/2012

Co-Listed By

Andrew W

Illustrated Properties LLC (Jupiter) License #0708409

Last Buyer's Agent

Christine Cox

Douglas Elliman (Jupiter) License #3037662

Douglas Elliman (Jupiter)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,606

Year Built

  • Built in 1973

Lot Details

  • Home fronts navigable water
  • River Front
  • East Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bar
  • Fireplace
  • Blinds
  • Sliding Windows
  • French Doors
  • Family Room
  • Combination Dining and Living Room
  • River Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Slate Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Motion Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Property has ocean access
  • Fixed Bridges
  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 224042002000002008

Community Details

Overview

  • Jupiter River Estates Subdivision

Recreation

  • Boat Ramp
  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,606

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: LOX. RIVER ROAD TO MERRITT WAY - TAKE RIGHT AND PROPERTY ON RIGHT!!
  • Year Built: 1973
  • Architectural Style: Ranch
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, French Door(s)/Atrium Door(s), Fireplace, Living/Dining Room, Pantry, Split Bedrooms, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Slate, Wood
  • Living Area: 2400.0
  • Dining Room Type: Family Room
  • Stories: 1
  • Window Features: Blinds, Sliding

Exterior Features

  • Exterior Features: Deck, Patio
  • View: River
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Fixed Bridge, Navigable Water, Ocean Access, River Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Deck, Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System, Motion Detectors, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 224042002000002008
  • Zoning Description: RES

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 7606.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2012
Closed on
Dec 28, 2012
Sold by
Russo Andrew W and Russo Milla L
Bought by
Pipkin Matthew E and Pipkin Carolyn S
Seller's Agent
Milla Russo
Illustrated Properties LLC (Jupiter)
Buyer's Agent
Christine Cox
Douglas Elliman (Jupiter)
List Price
$725,000
Sold Price
$665,000
Premium/Discount to List
-$60,000
-8.28%
Current Estimated Value
$2,262,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,597,190
Avg. Annual Appreciation
10.30%
Original Mortgage
$417,000
Outstanding Balance
$291,854
Interest Rate
3.36%
Mortgage Type
Unknown
Estimated Equity
$2,030,121

Purchase Details

Closed on
Dec 9, 2011
Sold by
Russo Andrew W and Russo Milla L
Bought by
Russo Andrew W and Russo Milla L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
4.06%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 3, 2000
Sold by
Wiler Alice R and Wiler C
Bought by
Swalwell John W and Swalwell Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.38%

Purchase Details

Closed on
Jun 20, 1995
Sold by
Wiler Alice R
Bought by
Wiler Alice R and Richard Wiler C
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pipkin Matthew E $666,500 Attorney
Russo Andrew W -- Attorney
Russo Andrew $440,000 South Florida Title Insurers
Swalwell John W $420,000 --
Wiler Alice R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pipkin Matthew E $417,000
Closed Pipkin Matthew E $417,000
Previous Owner Russo Andrew $286,000
Previous Owner Swalwell John W $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2012 12/28/12 Sold $665,000 -8.3% $277 / Sq Ft
11/28/2012 11/28/12 Pending -- -- --
11/18/2012 11/18/12 For Sale $725,000 -- $302 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,502 $736,165 -- --
2024 $11,275 $715,418 -- --
2023 $11,275 $692,678 $0 $0
2022 $10,902 $672,503 $0 $0
2021 $10,978 $652,916 $0 $0
2020 $10,838 $643,902 $0 $0
2019 $10,716 $629,426 $0 $0
2018 $10,204 $603,293 $0 $0
2017 $9,282 $590,884 $0 $0
2016 $9,464 $578,731 $0 $0
2015 $8,998 $574,707 $0 $0
2014 $8,998 $570,146 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Milla Russo

    Seller's Agent in 2012

    Milla Russo

    Illustrated Properties LLC (Jupiter)

    (561) 358-6608

    132 Total Sales

    Milla Russo
    Section Image

  • A

    Seller Co-Listing Agent in 2012

    Andrew W

    Illustrated Properties LLC (Jupiter)

    (561) 371-0933

    159 Total Sales

    Andrew W
    Section Image
  • Christine Cox

    Buyer's Agent in 2012

    Christine Cox

    Douglas Elliman (Jupiter)

    (561) 714-6815

    43 Total Sales

    Christine Cox
    Section Image
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Map

Source: BeachesMLS

MLS Number: R3325731

BeachesMLS

APN: 22-40-42-002-000-00200-8

Florida Martin County Jupiter 33458

8528 SE Merritt Way, Jupiter, FL

This home is located at 8528 SE Merritt Way, Jupiter, FL 33458 since 18 November 2012 and is currently estimated at $2,262,190, approximately $942 per square foot. This property was built in 1973. 8528 SE Merritt Way is a home located in Martin County with nearby schools including Hobe Sound Elementary School, Murray Middle School, and South Fork High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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