NOT LISTED FOR SALE

5500 Fairway Park Dr Unit 2040 Boynton Beach, FL 33437

Indian Spring Neighborhood

Estimated Value: $277,000 - $311,000

3 Beds
2 Baths
1,549 Sq Ft
$562/mo HOA Fee

Last Sold August 15, 2023

Last sale price $288,900 $187 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,520/month

111 Days on Market

Highlights

  • Golf Course Community
  • Senior Community
  • Clubhouse
  • Gated with Attendant
  • Waterfront
  • Garden View

About This Home

As of August 2023

Located at Indian Spring, This desirable unit is the largest with 1549 sq. ft. Featuring views east, south and west. An end unit with views all around. This Immaculate move in ready condo featuring updated electric, brand new 3 ton A/C and brand new stainless steal matching appliances. Custom eat in kitchen with pull out shelves. Granite and cabinetry matching in baths and kitchen. Tile floors all matching throughout unit including closets and baths. The 3rd Den/or bedroom is now opened to the Living Room to make a very large open area and have windows all around. This could be converted back to a den or bedroom if the need arises. This is a Golf and Tennis Country Club, however the membership is not mandatory.

Last Listed By

Anthony Magna

United Realty Group, Inc License #660988 Listed on: 04/04/2023

United Realty Group, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $990

Year Built

  • Built in 1980

Lot Details

  • Waterfront

HOA Fees

  • $562 Monthly HOA Fees

Interior Spaces

  • 1,549 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00424535150322040

Community Details

Overview

  • Senior Community
  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, parking, pool(s), security, trash
  • Fairway Park Condo Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$990

Year Built

Built in 1980

Lot Details

0

HOA Fees

$562 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: El Clair Ranch Rd. between Woolbright and Pipers Glen Gate 5
  • Year Built: 1980
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Living Area: 1549.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 2

Exterior Features

  • View: Garden
  • Pool Features: None, Association, Community
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Security: Gated with Guard, Security Guard, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 562.0
  • Community Features: Clubhouse, Golf, Golf Course Community, Gated, Pool, Tennis Court(s)
  • Senior Community: Yes
  • Amenities: Clubhouse, Golf Course, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Security, Trash

Lot Info

  • Parcel #: 00424535150322040
  • Zoning Description: RS

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 990.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2023
Closed on
Aug 11, 2023
Sold by
Wechsler Julian
Bought by
Pennie Clifton
Seller's Agent
Anthony Magna
United Realty Group, Inc
List Price
$305,000
Sold Price
$288,900
Premium/Discount to List
-$16,100
-5.28%
Total Days on Market
111
Views
325
Current Estimated Value
$300,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,281
Avg. Annual Appreciation
2.16%
Original Mortgage
$231,120
Outstanding Balance
$226,967
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$73,214

Purchase Details

Closed on
Nov 7, 2022
Sold by
Bard Wechsler Revocable Trust
Bought by
Wechsler Julian

Purchase Details

Closed on
Jun 6, 2007
Sold by
Wechsler Bard
Bought by
Wechsler Bard and Bard Wechsler Revocable Trust

Purchase Details

Closed on
Mar 28, 2002
Sold by
Lopez Maurice R and Lopez Selma
Bought by
Wechsler Bard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,200
Interest Rate
6.85%
Mortgage Type
Balloon
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
Pennie Clifton $288,900 Delray Title & Abstract
Wechsler Julian -- --
Wechsler Bard -- None Available
Wechsler Bard $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pennie Clifton $231,120
Previous Owner Wechsler Bard $50,000
Previous Owner Wechsler Bard $63,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Sold $288,900 0.0% $187 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
05/23/2023 05/23/23 Price Changed $288,900 -3.4% $187 / Sq Ft
04/16/2023 04/16/23 Price Changed $299,000 -2.0% $193 / Sq Ft
04/04/2023 04/04/23 For Sale $305,000 -- $197 / 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 $4,381 $253,446 -- --
2023 $4,245 $243,454 $0 $243,454
2022 $990 $84,541 $0 $0
2021 $960 $82,079 $0 $0
2020 $945 $80,946 $0 $0
2019 $926 $79,126 $0 $0
2018 $887 $77,651 $0 $0
2017 $858 $76,054 $0 $0
2016 $853 $74,490 $0 $0
2015 $873 $73,972 $0 $0
2014 $878 $73,385 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Anthony Magna

    Seller's Agent in 2023

    Anthony Magna

    United Realty Group, Inc

    (561) 703-7092

    1 in this area

    13 Total Sales

    Anthony Magna
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10879018

BeachesMLS

APN: 00-42-45-35-15-032-2040

Florida Palm Beach County Boynton Beach 33437 Indian Spring

5500 Fairway Park Dr Unit 2040, Boynton Beach, FL

This home is located at 5500 Fairway Park Dr Unit 2040, Boynton Beach, FL 33437 since 04 April 2023 and is currently estimated at $300,181, approximately $193 per square foot. This property was built in 1980. 5500 Fairway Park Dr Unit 2040 is a home located in Palm Beach County with nearby schools including Hagen Road Elementary School, Boynton Beach Community High School, and Carver Middle 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.

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