NOT LISTED FOR SALE

55 River Dr Boynton Beach, FL 33435

Estimated Value: $2,910,000 - $7,388,000

3 Beds
3 Baths
2,562 Sq Ft
$2,058/Sq Ft Est. Value

Last Sold June 17, 2013

Last sale price $820,500 $320 Per Sq Ft

Est. 543% increase in value since last sale

Current estimated payment $31,873/month

45 Days on Market

Highlights

  • Dock made with wood
  • Home fronts a canal
  • Lanai
  • Outdoor Pool
  • Traditional Architecture
  • 3-minute walk to Ocean Ridge Hammock Park

About This Home

As of June 2013

Fabulous Ocean Ridge waterfront home -- your option to remodel or rebuild for under $1-million! This unique property offers you the flexibility to start with your own design plans and build your dream home on the Intracoastal.

Last Agent to Sell the Property

Steven Presson

The Corcoran Group License #3135349 Listed on: 04/05/2013

The Corcoran Group

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,186

Year Built

  • Built in 1970

Lot Details

  • Home fronts a canal
  • East Facing Home

Parking

  • No Garage

Home Design

  • Traditional Architecture
  • Asphalt Shingled Roof
  • Asphalt Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,562 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Hung Windows
  • Sliding Windows
  • Dining Area
  • Storage
  • Wall to Wall Carpet
  • Fire and Smoke Detector

Kitchen

  • Double Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Dock made with wood
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Septic System

Community Details

  • No Home Owners Association
  • Mccormick Mile Subdivision

Listing and Financial Details

  • Assessor Parcel Number 46434522090000550

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,186

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 129
  • Subdivision Name: McCormick Mile
  • Directions: Inlet Cay Drive right on River Road
  • Architectural Style: Traditional, One Story
  • Year Built: 1970
  • Location Tax Legal:Zoned: SFR
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 8185.65
  • Location Tax Legal:Tax Year2: 2012
  • General Property Description:Living Area: 2562.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 129
  • Floors:WW Carpeting: Yes
  • Windows:Sliding: Yes
  • Roof:Asphalt Shingle: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Style:One Story: Yes
  • Windows:Single Hung: Yes
  • Exposure:East: Yes
  • Waterfront:Canal: Yes
  • Dock:Wood: Yes
  • Windows:Double Hung: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Electric, Oven-Double, Microwave, Washer, Dryer
  • Total Bedrooms: 3
  • Flooring: W/W Carpeting, Other Flooring
  • Interior Amenities: Ceiling Fan, Smoke Detectors, Storage
  • Living Area: 2562.0
  • Window Features: Single Hung, Double Hung, Sliding
  • Interior Features:Storage: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Canal
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai
  • Roof: Asphalt
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes

Garage/Parking

  • Parking Features: No Garage
  • Garage:No Garage: Yes

Utilities

  • Security: No Security
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes
  • Water/Sewer/Septic: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 46434522090000550
  • Zoning: SFR

Tax Info

  • Tax Annual Amount: 8185.65
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2020
Sold by
Jalbert Edward C and Ravaioli Keith E
Bought by
Jalbert Edward C and Ravaioli Keith E
Current Estimated Value
$5,272,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Outstanding Balance
$330,649
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$4,915,331

Purchase Details

Listed on
Apr 5, 2013
Closed on
Jun 19, 2013
Sold by
Willmore Sarah E
Bought by
Jalbert Edward C
Seller's Agent
Steven Presson
The Corcoran Group
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$820,500
Sold Price
$820,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.35%
Original Mortgage
$417,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2003
Sold by
Willmore Thomas F and Willmore Ilene B
Bought by
Willmore Thomas F and The Ilene B Willmore Revocable Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jalbert Edward C -- Attorney
Jalbert Edward C $820,500 Attorney
Willmore Thomas F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ravaioli Keith $368,000
Closed Jalbert Edward C $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2013 06/17/13 Sold $820,500 0.0% $320 / Sq Ft
05/20/2013 05/20/13 Pending -- -- --
04/05/2013 04/05/13 For Sale $820,500 -- $320 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $45,382 $2,532,349 -- --
2023 $44,387 $2,458,591 $0 $0
2022 $44,285 $2,386,982 $0 $0
2021 $44,185 $2,317,458 $0 $0
2020 $43,613 $2,285,462 $0 $0
2019 $44,531 $2,284,753 $664,000 $1,620,753
2018 $14,981 $784,240 $784,240 $0
2017 $14,581 $746,895 $746,895 $0
2016 $16,887 $841,183 $0 $0
2015 $16,385 $791,531 $0 $0
2014 $15,371 $734,352 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steven Presson

    Seller's Agent in 2013

    Steven Presson

    The Corcoran Group

    (561) 757-0172

    42 in this area

    112 Total Sales

    Steven Presson
    Section Image

  • N

    Buyer's Agent in 2013

    NON MEMBER

    NON MEMBER FIRM

See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 13-829

APN: 46-43-45-22-09-000-0550

Florida Palm Beach County Boynton Beach 33435

55 River Dr, Boynton Beach, FL

This home is located at 55 River Dr, Boynton Beach, FL 33435 since 05 April 2013 and is currently estimated at $5,272,460, approximately $2,057 per square foot. This property was built in 1970. 55 River Dr is a home located in Palm Beach County with nearby schools including Rolling Green Elementary School, Boynton Beach Community High School, and Lantana Middle School.

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