NOT LISTED FOR SALE

5500 Old Ocean Blvd Unit 1020 Ocean Ridge, FL 33435

Estimated Value: $419,000 - $874,000

2 Beds
2 Baths
1,062 Sq Ft
$510/mo HOA Fee

Last Sold March 19, 2020

Last sale price $510,000 $480 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,726/month

20 Days on Market

Highlights

  • Property has ocean access
  • Garden View
  • Porch
  • Marble Flooring
  • Community Pool
  • Open Patio

About This Home

As of March 2020

This home is located at 5500 Old Ocean Blvd Unit 1020, Ocean Ridge, FL 33435 since 28 February 2020 and is currently estimated at $653,791, approximately $615 per square foot. This property was built in 1973. 5500 Old Ocean Blvd Unit 1020 is a home located in Palm Beach County with nearby schools including Forest Park Elementary School, Boynton Beach Community High School, and Congress Community Middle School.

Last Agent to Sell the Property

Susan Curt

Compass Florida LLC License #3057785 Listed on: 02/28/2020

Compass Florida LLC

Last Buyer's Agent

Susan Curt

Compass Florida LLC License #3057785 Listed on: 02/28/2020

Compass Florida LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,517

Year Built

  • Built in 1973

Lot Details

  • 1.68

HOA Fees

  • $510 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Interior Spaces

  • 1,062 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Marble Flooring
  • Garden Views
  • Security Gate

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4643446434534240001020534240001020

Community Details

Overview

  • Association fees include common areas, insurance, legal/accounting, ground maintenance, parking, pool(s), trash
  • Ocean Manor Condo Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,517

Year Built

Built in 1973

Lot Details

0

HOA Fees

$510 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Woolbright to Old Ocean Blvd turn right to Property
  • Year Built: 1973
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Pantry
  • Furnished: Partially
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble
  • Living Area: 1062.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 2

Exterior Features

  • Exterior Features: Porch
  • View: Garden
  • Pool Features: None, Association, Community
  • Waterfront Features: Ocean Access
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Two or More Spaces

Utilities

  • Laundry Features: Common Area
  • Security: Security Gate
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Water Available

Condo/Co-op/Association

  • Association Fee: 510.0
  • Community Features: Pool
  • Senior Community: No
  • Amenities: Laundry, Pool, Storage
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Legal/Accounting, Maintenance Grounds, Parking, Pool(s), Trash

Lot Info

  • Parcel #: 4643446434534240001020534240001020
  • Zoning Description: RMM(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4517.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2020
Closed on
Mar 17, 2020
Sold by
Osler William and Osler Solange
Bought by
Aiello Lena and Schreiber Arthur
Seller's Agent
Susan Curt
Compass Florida LLC
Buyer's Agent
Susan Curt
Compass Florida LLC
List Price
$549,000
Sold Price
$510,000
Premium/Discount to List
-$39,000
-7.1%
Current Estimated Value
$653,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,791
Avg. Annual Appreciation
4.54%

Purchase Details

Closed on
Jan 29, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Osler William and Osler Solange

Purchase Details

Closed on
Mar 20, 2008
Sold by
Hughes Adrian and Hughes Hilary
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Nov 18, 2005
Sold by
Evans Frank B and Evans Patricia A
Bought by
Hughes Adrian and Hughes Hilary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,500
Interest Rate
5.59%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 29, 1997
Sold by
Leman John W and Leman Sharon A
Bought by
Evans Frank B and Evans Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Aiello Lena $510,000 Delray Title & Abstract Co
Osler William $180,000 Attorney
Federal Home Loan Mortgage Corp -- None Available
Hughes Adrian $455,000 The Title Network Inc
Evans Frank B $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hughes Adrian $45,500
Previous Owner Hughes Adrian $364,000
Previous Owner Evans Frank B $118,100
Previous Owner Evans Frank B $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2020 03/19/20 Sold $510,000 -7.1% $480 / Sq Ft
02/28/2020 02/28/20 For Sale $549,000 0.0% $517 / Sq Ft
10/28/2019 10/28/19 Rented $7,000 0.0% --
10/28/2019 10/28/19 For Rent $7,000 +7.7% --
09/10/2016 09/10/16 Rented $6,500 -5.8% --
08/11/2016 08/11/16 Under Contract -- -- --
07/25/2016 07/25/16 For Rent $6,900 -- --
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 $9,125 $495,000 -- --
2023 $8,456 $454,900 $0 $454,900
2022 $8,368 $429,000 $0 $0
2021 $7,666 $390,000 $0 $390,000
2020 $5,377 $315,000 $0 $315,000
2019 $4,563 $225,000 $0 $225,000
2018 $4,396 $225,000 $0 $225,000
2017 $4,342 $220,000 $0 $0
2016 $4,328 $209,000 $0 $0
2015 $3,989 $190,000 $0 $0
2014 $3,844 $175,692 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Susan Curt

    Compass Florida LLC

    (954) 732-2038

    42 in this area

    60 Total Sales

    Susan Curt
    Section Image
  • Zachary Mazur

    Seller's Agent in 2019

    Zachary Mazur

    Coldwell Banker Realty /Delray Beach

    (561) 376-6389

    1 in this area

    167 Total Sales

    Zachary Mazur
    Section Image

  • L

    Seller Co-Listing Agent in 2019

    Lynn Taylor

    Coldwell Banker Realty /Delray Beach

    (561) 278-0300

    1 in this area

    20 Total Sales

    Lynn Taylor
    Section Image

  • C

    Buyer's Agent in 2019

    Cole Devitt

    Premier Estate Properties, Inc

    (561) 278-0433

    6 in this area

    23 Total Sales

    Cole Devitt
    Section Image
  • Holly Thom

    Seller's Agent in 2016

    Holly Thom

    The Corcoran Group

    (561) 252-3731

    2 in this area

    18 Total Sales

    Holly Thom
    Section Image

  • M

    Seller Co-Listing Agent in 2016

    Michael Thom

    The Corcoran Group

    (561) 716-3381

    5 Total Sales

    Michael Thom
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10614147

BeachesMLS

APN: 46-43-45-34-24-000-1020

Florida Palm Beach County Ocean Ridge 33435

5500 Old Ocean Blvd Unit 1020, Ocean Ridge, FL

This home is located at 5500 Old Ocean Blvd Unit 1020, Ocean Ridge, FL 33435 since 28 February 2020 and is currently estimated at $653,791, approximately $615 per square foot. This property was built in 1973. 5500 Old Ocean Blvd Unit 1020 is a home located in Palm Beach County with nearby schools including Forest Park Elementary School, Boynton Beach Community High School, and Congress Community 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.

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.

Nearby Homes