NOT LISTED FOR SALE

8548 SE Merritt Way Jupiter, FL 33458

Estimated Value: $1,921,000 - $3,138,420

4 Beds
4 Baths
3,417 Sq Ft
$769/Sq Ft Est. Value

Last Sold July 20, 2023

Last sale price $2,890,000 $846 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $15,666/month

104 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Boat Ramp
  • Garage Apartment
  • South Fork High School Rated A-
  • Private Pool
  • River View

About This Home

As of July 2023

Welcome to your dream waterfront oasis located in the heart of Jupiter, Florida! This exquisite property boasts a stunning 3-bedroom, 3-bathroom home with a separate guest house situated on just over half an acre on the tranquil and picturesque Loxahatchee River with 100+ ft of waterfront. Upon entering the main residence, you'll be greeted by an open and inviting living space with soaring ceilings and windows that offer breathtaking views of the river. The spacious living room is perfect for entertaining and features a cozy fireplace, while the formal dining area is perfect for hosting dinner parties. The gourmet kitchen is a chef's delight with custom cabinetry, high-end appliances, and a large center island that doubles as a breakfast bar, the perfect spot to enjoy your morning coffee

Last Agent to Sell the Property

Matthias Fretz

Douglas Elliman (Jupiter) License #3283808 Listed on: 04/06/2023

Douglas Elliman (Jupiter)

Co-Listed By

Danielle McCarroll

Douglas Elliman License #3227617

Last Buyer's Agent

Matthias Fretz

Douglas Elliman (Jupiter) License #3283808 Listed on: 04/06/2023

Douglas Elliman (Jupiter)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,543

Year Built

  • Built in 1974

Lot Details

  • 0.53 Acre Lot
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • River Front
  • Fenced

Parking

  • 2 Car Detached Garage
  • Garage Apartment
  • Garage Door Opener

Home Design

  • Barrel Roof Shape
  • Frame Construction

Interior Spaces

  • 3,417 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Decorative Fireplace
  • Entrance Foyer
  • Family Room
  • Combination Kitchen and Dining Room
  • Den
  • Recreation Room
  • Screened Porch
  • River Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Dishwasher

Flooring

  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Fixed Bridges
  • Canal Access
  • Balcony
  • Deck

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 224042002000002106

Community Details

Overview

  • Jupiter River Estates Add Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,543

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Take Loxahatchee River Road North, pass through the Moorings development until the very end of the road. It turns into S.W. Merritt Way.
  • Year Built: 1974
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Closet Cabinetry, Entrance Foyer, Fireplace, Kitchen/Dining Combo, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Concrete, Ceramic Tile
  • Living Area: 3417.0
  • Dining Room Type: Den, Family Room, Garage Apartment, In-Law Suite, Laundry, Recreation
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Deck, Fence
  • View: River
  • Road Frontage Type: Waterfront
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access, Fixed Bridge, Navigable Water, River Front
  • Waterfront: Yes
  • Construction Type: Block, Frame
  • Other Structures: Garage Apartment
  • Patio And Porch Features: Balcony, Deck, Screened
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Detached, Garage, Garage Door Opener

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated
  • Senior Community: No
  • Amenities: Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 224042002000002106
  • Lot Size: 1/2 to < 1 Acre
  • Lot Size Sq Ft: 22955.0
  • Zoning Description: resident
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10543.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
Jul 20, 2023
Sold by
Tieste Keith E and Tieste Jeffrey C
Bought by
Weisman David and Weisman Megan
Seller's Agent
Matthias Fretz
Douglas Elliman (Jupiter)
Buyer's Agent
Matthias Fretz
Douglas Elliman (Jupiter)
List Price
$2,890,000
Sold Price
$2,890,000
Total Days on Market
104
Views
40
Current Estimated Value
$2,628,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$261,145
Avg. Annual Appreciation
-4.91%
Original Mortgage
$2,500,000
Outstanding Balance
$2,451,322
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$177,533

Purchase Details

Listed on
Mar 12, 2016
Closed on
Jun 13, 2016
Sold by
Arsenicos Evelyn
Bought by
Tieste Keith E and Hoffman Jeffrey C
Seller's Agent
Jeffrey Hap
Nancy Lawrence & Associates
Buyer's Agent
Jeffrey Hap
Nancy Lawrence & Associates
List Price
$925,000
Sold Price
$760,000
Premium/Discount to List
-$165,000
-17.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.70%

Purchase Details

Closed on
Dec 7, 2015
Sold by
Arsenicos Rudolph M
Bought by
Tieste Keith E and Hoffman Jeffrey C

Purchase Details

Closed on
Jan 1, 1972
Bought by
Tieste Keith E and Hoffman Jeffrey C
Source: Public Records

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Range of Values:

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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
Weisman David $2,890,000 None Listed On Document
Tieste Keith E $714,400 Town Title Inc
Tieste Keith E $100 --
Tieste Keith E $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weisman David $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2023 07/20/23 Sold $2,890,000 0.0% $846 / Sq Ft
04/06/2023 04/06/23 For Sale $2,890,000 +280.3% $846 / Sq Ft
06/16/2016 06/16/16 Sold $760,000 -17.8% $276 / Sq Ft
05/17/2016 05/17/16 Pending -- -- --
03/12/2016 03/12/16 For Sale $925,000 -- $336 / 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
2024 $10,905 $2,276,200 $2,276,200 $576,200
2023 $10,905 $670,437 $0 $0
2022 $10,543 $650,910 $0 $0
2021 $10,615 $631,952 $0 $0
2020 $10,477 $623,227 $0 $0
2019 $10,359 $609,215 $0 $0
2018 $10,109 $597,855 $0 $0
2017 $8,626 $551,994 $0 $0
2016 $7,250 $448,488 $0 $0
2015 $6,891 $445,370 $0 $0
2014 $6,891 $441,835 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10879674

BeachesMLS

APN: 22-40-42-002-000-00210-6