5500 Old Ocean Blvd Unit 1020 Ocean Ridge, FL 33435
Estimated Value: $509,000 - $925,000
2
Beds
2
Baths
1,062
Sq Ft
$510/mo
HOA Fee
Highlights
- Property has ocean access
- Garden View
- Porch
- Marble Flooring
- Community Pool
- Open Patio
About This Home
As of March 2020This home is located at 5500 Old Ocean Blvd Unit 1020, Ocean Ridge, FL 33435 since 28 February 2020 and is currently estimated at $710,989, approximately $669 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
Compass Florida LLC (PB) License #3057785 Listed on: 02/28/2020
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
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 (PB)
Buyer's Agent
Susan Curt
Compass Florida LLC (PB)
List Price
$549,000
Sold Price
$510,000
Premium/Discount to List
-$39,000
-7.1%
Total Days on Market
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,989
Avg. Annual Appreciation
6.57%
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
Similar Homes in the area
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
Average Home Value in this Area
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 | $117,500 | |
| Previous Owner | Evans Frank B | $118,100 | |
| Previous Owner | Evans Frank B | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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
-
Susan Curt
S
Seller's Agent in 2020
Susan Curt
Compass Florida LLC (PB)
(954) 732-2038
45 in this area
65 Total Sales
-
Zachary Mazur
Seller's Agent in 2019
Zachary Mazur
Coldwell Banker Realty /Delray Beach
(561) 376-6389
1 in this area
180 Total Sales
-
Lynn Taylor
L
Seller Co-Listing Agent in 2019
Lynn Taylor
Coldwell Banker Realty /Delray Beach
(561) 278-0300
1 in this area
23 Total Sales
-
Cole Devitt
C
Buyer's Agent in 2019
Cole Devitt
Premier Estate Properties, Inc
(561) 278-0433
6 in this area
25 Total Sales
-
Holly Thom
Seller's Agent in 2016
Holly Thom
The Corcoran Group
(561) 252-3731
2 in this area
19 Total Sales
-
Michael Thom
M
Seller Co-Listing Agent in 2016
Michael Thom
The Corcoran Group
(561) 716-3381
6 Total Sales
Map
Source: BeachesMLS
MLS Number: R10614147
APN: 46-43-45-34-24-000-1020
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