NOT LISTED FOR SALE

8691 SE Somerset Island Way Jupiter, FL 33458

Estimated Value: $3,841,962 - $4,380,000

4 Beds
6.5 Baths
5,321 Sq Ft
$777/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $2,325,000 $437 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $25,307/month

110 Days on Market

Highlights

  • 93 Feet of Waterfront
  • Property has ocean access
  • Gated Community
  • South Fork High School Rated A-
  • Free Form Pool
  • River View

About This Home

As of October 2020

This beautiful waterfront home is a piece of Florida paradise! This home includes marble tile floors, a gas and wood burning fireplace, coffered and tray ceilings throughout, an exquisite gourmet kitchen with quartz and granite counters, a gorgeous one of a kind agate wall, upgraded fixtures and a gas heated infinity pool. This home is the entertainer's dream with a guest cottage, spacious living areas, a sunken wet bar, a large outdoor space with bar and DCS grill, lush tropical landscaping and two boat lifts. Also includes air conditioned garage/workshop and a den. This home has been extensively and lavishly upgraded just last year! Just a 20 minute boat ride to the Jupiter inlet. Call us today to set up your viewing of this beautiful home!

Last Agent to Sell the Property

James Torrance

KW Reserve License #3614466 Listed on: 05/28/2020

KW Reserve

Co-Listed By

Brenda Nuzzolo

KW Reserve License #3188247

Last Buyer's Agent

Anthony Mussell

Beach Town Real Estate LLC License #3422501

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,998

Year Built

  • Built in 2003

Lot Details

  • 0.54 Acre Lot
  • 93 Feet of Waterfront
  • River Front
  • Fenced
  • Corner Lot
  • Irregular Lot
  • Sprinkler System

HOA Fees

  • $236 Monthly HOA Fees

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 5,321 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Built-In Features
  • Bar
  • High Ceiling
  • Fireplace
  • Blinds
  • Arched Windows
  • Sliding Windows
  • Casement Windows
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • River Views
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • In-Law or Guest Suite
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Security Gate
  • Fire Sprinkler System

Outdoor Features

  • Free Form Pool
  • Property has ocean access
  • Fixed Bridges
  • Deck
  • Patio
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Gas Tank Leased
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 224042005000015607

Community Details

Overview

  • Association fees include management, common areas, security
  • Jupiter River Estates Subdivision

Recreation

  • Tennis Courts

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,998

Year Built

Built in 2003

Lot Details

0

HOA Fees

$236 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: I-95 to exit 87A Indiantown Rd,head east, turn left on Island Way, at round about take 2nd exit onto SE Island Way, then left at Se Somerset Island Way to destination.
  • Year Built: 2003
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Pets No Pets Comments: Other Pet Restrictions:Possible Restrictions
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Attic, Wet Bar, Breakfast Bar, Bidet, Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, High Ceilings, Jetted Tub, Pantry, Pull Down Attic Stairs, Split Bedrooms, Separate Shower, Bar
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Tile
  • Living Area: 5321.0
  • Dining Room Type: Den, Family Room, Great Room, In-Law Suite, Laundry
  • Stories: 1
  • Window Features: Arched, Blinds, Casement Window(s), Sliding

Exterior Features

  • Exterior Features: Deck, Fence, Outdoor Grill, Patio, Propane Tank - Leased
  • View: River
  • Road Frontage Type: Waterfront
  • Lot Features: Corner Lot, Irregular Lot, Sprinklers Automatic, Sprinkler System
  • Pool Features: Free Form, Heated, Other, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Fixed Bridge, Ocean Access, River Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile
  • FrontageLengthRemarks: 93

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Driveway, Detached, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: In Garage, Laundry Tub
  • Security: Security System, Closed Circuit Camera(s), Security Gate, Fire Sprinkler System
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 236.0
  • Community Features: Gated, Tennis Court(s)
  • Senior Community: No
  • Amenities: Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Security

Lot Info

  • Parcel #: 224042005000015607
  • Lot Size: .53 acre
  • Lot Size Sq Ft: 23522.0
  • Zoning Description: Resident
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 29998.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Oct 15, 2020
Sold by
Williamson Robert and Williamson Teresa
Bought by
Mcclowry Christopher
Seller's Agent
James Torrance
KW Reserve
Buyer's Agent
Anthony Mussell
Beach Town Real Estate LLC
List Price
$2,785,000
Sold Price
$2,325,000
Premium/Discount to List
-$460,000
-16.52%
Current Estimated Value
$4,134,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,809,491
Avg. Annual Appreciation
12.45%
Original Mortgage
$1,834,400
Outstanding Balance
$1,636,075
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,524,521

Purchase Details

Listed on
May 7, 2019
Closed on
Aug 2, 2019
Sold by
Pello Valentino Della and Pello Allison Della
Bought by
Williamson Robert and Williamson Teresa
Seller's Agent
Jennifer Fisher
Lang Realty/Jupiter
Buyer's Agent
David Gates
Keller Williams Realty Of The Treasure Coast
List Price
$2,385,000
Sold Price
$2,250,000
Premium/Discount to List
-$135,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.79%

Purchase Details

Listed on
Jan 21, 2014
Closed on
May 14, 2014
Sold by
Kydmere Limited
Bought by
Pello Valentino Della and Pello Allison Della
Seller's Agent
Claire Wright
William Raveis Florida, LLC
Buyer's Agent
Peggy Berkoff
North County Properties
List Price
$2,175,000
Sold Price
$1,810,000
Premium/Discount to List
-$365,000
-16.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%

Purchase Details

Closed on
Jun 19, 1995
Sold by
Lysander Ltd
Bought by
Della Pello Valentino and Della Pello Allison

Purchase Details

Closed on
Feb 19, 1992
Bought by
Della Pello Valentino and Della Pello Allison
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
Mcclowry Christopher $2,325,000 Landcastle Title Group Llc
Williamson Robert $2,250,000 Attorney
Pello Valentino Della $1,810,000 Attorney
Della Pello Valentino -- --
Della Pello Valentino $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcclowry Christopher $1,834,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $2,325,000 -16.5% $437 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $2,785,000 +23.8% $523 / Sq Ft
08/08/2019 08/08/19 Sold $2,250,000 -5.7% $423 / Sq Ft
07/09/2019 07/09/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $2,385,000 +31.8% $448 / Sq Ft
05/14/2014 05/14/14 Sold $1,810,000 -16.8% $340 / Sq Ft
04/14/2014 04/14/14 Pending -- -- --
01/21/2014 01/21/14 For Sale $2,175,000 -- $409 / 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 $37,810 $2,386,751 -- --
2024 $37,247 $2,319,486 -- --
2023 $37,247 $2,251,929 $0 $0
2022 $36,065 $2,186,339 $0 $0
2021 $39,312 $2,117,630 $950,000 $1,167,630
2020 $31,092 $1,804,770 $825,000 $979,770
2019 $29,998 $1,680,430 $725,000 $955,430
2018 $30,227 $1,702,390 $750,000 $952,390
2017 $28,102 $1,666,990 $775,000 $891,990
2016 $28,701 $1,670,490 $775,000 $895,490
2015 $24,712 $1,541,120 $675,000 $866,120
2014 $24,712 $1,503,630 $725,000 $778,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10626149

BeachesMLS

APN: 22-40-42-005-000-01560-7