NOT LISTED FOR SALE

5550 Fairway Park Dr Unit 2020 Boynton Beach, FL 33437

Indian Spring Neighborhood

Estimated Value: $222,000 - $283,000

2 Beds
2 Baths
1,380 Sq Ft
1980 Built

Sale Details

Date Sold: August 7, 2015

Last sale price $147,500 $107 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,578 / mo

38 Days on Market

Highlights

  • Gated with Attendant
  • Active Adult
  • Garden View
  • Built in 1980 | Newly Remodeled
  • Wood Flooring
  • Outdoor Living Area

About This Home

As of August 2015

Gorgeous, fully updated 2nd floor condo in Fairway Park located in gated Indian Spring. Newly remodeled - including kitchen, baths, flooring, air conditioning, hot water heater, freshly painted and so much more. Unit features wood and tile flooring throughout with the exception of the second bedroom. Spacious eat-in kitchen featuring granite counter tops, stainless steel appliances, new cabinets and updated lighting. There is a separate formal dining room, large living/family room, spacious master bedroom and enclosed sunroom overlooking the garden area. Large storage closet outside of unit. No popcorn on the ceilings. The roof has been replaced and the building was recently painted. Active community with plenty of activities. Low HOA fee in a non-equity Country Club community. Membership to club is not mandatory but very reasonable if interested. Heated community pool and social room. Feels much larger than square footage. Look at this unit first.

Last Agent to Sell the Property

Scott Pressman

The Keyes Company Brokerage Phone: 561-601-7774 License #3131178 Listed on: 05/06/2015

The Keyes Company

Co-Listed By

Katja Pressman

The Keyes Company Brokerage Phone: 561-601-7774 License #3199196

Last Buyer's Agent

Janet Kaczwara

Swordfish Realty Inc. License #342792

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $779

Year Built

  • Built in 1980 | Newly Remodeled

Parking

  • Assigned Parking

Interior Spaces

  • 1,380 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Formal Dining Room
  • Screened Porch
  • Storage
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outdoor Living Area

Additional Features

  • South Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00424535150302020

Community Details

Overview

  • Active Adult
  • Property has a Home Owners Association
  • Association fees include common areas, cable TV, insurance, ground maintenance, security, trash
  • 1,900 Units
  • Fairway Park, Indian Spring Subdivision
  • Community Parking

Recreation

  • Community Pool
  • Trails

Pet Policy

  • No Pets Allowed

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$779

Year Built

Built in 1980 | Newly Remodeled

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Woolbright west of Military Trail to El Clair Ranch Road - South on El Clair Ranch Road to Gate 5
  • Year Built: 1980
  • New Construction: Yes
  • DelayedMarketingYN: No
  • Special Features: 4098

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Pantry, Storage, Tub Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile, Wood
  • Living Area: 1380.0
  • Stories: 2

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: Garden
  • Pool Features: Association
  • Pool Private: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Covered, Glass Enclosed, Patio, Porch, Screened
  • Property Condition: New Construction

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Gated with Guard, Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 415.0
  • Pets Allowed: No
  • Community Features: Street Lights
  • Senior Community: Yes
  • Amenities: Pool, Parking, Sidewalks, Trail(s)
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Security, Trash

Lot Info

  • Parcel #: 00424535150302020
  • Mobile Dim Units: Feet
  • Zoning: RESID>

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 778.93

Multi Family

  • Number Of Units In Community: 1900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2015
Closed on
Aug 4, 2015
Sold by
Vera Janet
Bought by
Tapp Kenneth M
Seller's Agent
Scott Pressman
The Keyes Company
Buyer's Agent
Janet Kaczwara
Swordfish Realty Inc.
List Price
$154,900
Sold Price
$147,500
Premium/Discount to List
-$7,400
-4.78%
Current Estimated Value
$245,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,200
Avg. Annual Appreciation
5.00%
Original Mortgage
$118,000
Outstanding Balance
$91,819
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$156,678

Purchase Details

Listed on
May 19, 2010
Closed on
Jun 21, 2012
Sold by
As & D Llc
Bought by
Vera Janet D
Seller's Agent
Bobbie Benson
Inactive Member
Buyer's Agent
Scott Pressman
The Keyes Company
List Price
$99,000
Sold Price
$57,000
Premium/Discount to List
-$42,000
-42.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.49%

Purchase Details

Closed on
Nov 20, 2004
Sold by
Lippa David J and Lichtenegger Susan M
Bought by
As & D Llc

Purchase Details

Closed on
Oct 22, 2003
Sold by
Lippa David J and Lichtenegger Susan M
Bought by
Lippa David J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tapp Kenneth M $147,500 Keyes Title Services
Vera Janet D $57,000 Boca Executive Title Llc
As & D Llc -- --
Lippa David J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tapp Kenneth M $118,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2015 08/07/15 Sold $147,500 -4.8% $107 / Sq Ft
07/08/2015 07/08/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $154,900 +171.8% $112 / Sq Ft
06/21/2012 06/21/12 Sold $57,000 -42.4% $41 / Sq Ft View Prior Sale
05/22/2012 05/22/12 Pending -- -- --
05/19/2010 05/19/10 For Sale $99,000 -- $72 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $3,196 $173,176 -- --
2024 $3,196 $159,924 -- --
2023 $3,009 $145,385 $0 $203,396
2022 $2,774 $132,168 $0 $0
2021 $2,341 $123,612 $0 $123,612
2020 $2,243 $123,621 $0 $123,621
2019 $1,993 $99,300 $0 $99,300
2018 $1,955 $99,300 $0 $99,300
2017 $1,971 $99,300 $0 $0
2016 $1,926 $94,300 $0 $0
2015 $775 $62,122 $0 $0
2014 $779 $61,629 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10133738

BeachesMLS (Greater Fort Lauderdale)

APN: 00-42-45-35-15-030-2020

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