NOT LISTED FOR SALE

5550 N Ocean Blvd Unit 206 Boynton Beach, FL 33435

Ocean Ridge Neighborhood

Estimated Value: $265,000 - $319,000

1 Bed
1.5 Baths
825 Sq Ft
$430/mo HOA Fee

Last Sold October 26, 2021

Last sale price $228,000 $276 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,427/month

98 Days on Market

Highlights

  • Property has ocean access
  • Senior Community
  • Garden View
  • Property fronts an intracoastal waterway
  • Clubhouse
  • Community Pool

About This Home

As of October 2021

Beach area just steps to the beach.! Beautifully fully update 1bedroom1.5 bathroom plus a bonus room to use for an office, den or guest room. This comes partiallyfurnished with mid century modern design. The porch is facing west over looking a peaceful garden and pool area. This 55+community in Ocean Ridge has Private beach access. Amenities include two clubhouses, a heated community pool. Parking limited to one parking spot, no pets allowed and no smoking inside unit. In addition to sec dep, there will be a cleaning fee for $150.00.Location is close to many popular restaurants and shops just over the bridge.

Last Listed By

Susan Curt

Compass Florida LLC (PB) License #3057785 Listed on: 06/19/2021

Compass Florida LLC (PB)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,849

Year Built

  • Built in 1969

Lot Details

  • Property fronts an intracoastal waterway

HOA Fees

  • $430 Monthly HOA Fees

Property Views

  • Garden
  • Pool

Home Design

  • Concrete Roof

Interior Spaces

  • 825 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Combination Dining and Living Room
  • Den
  • Ceramic Tile Flooring
  • Closed Circuit Camera

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Enclosed Glass Porch

Utilities

  • Central Heating and Cooling System
  • Water Not Available

Listing and Financial Details

  • Assessor Parcel Number 46434534170002060

Community Details

Overview

  • Senior Community
  • Association fees include management, common areas, insurance, laundry, legal/accounting, ground maintenance, maintenance structure, parking, pest control, pool(s), trash
  • Crown Colony St George Ho Subdivision

Amenities

  • Clubhouse
  • Billiard Room
  • Community Library
  • Community Storage Space

Recreation

  • Bocce Ball Court
  • Shuffleboard Court
  • Community Pool
  • Park

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,849

Year Built

Built in 1969

Lot Details

0

HOA Fees

$430 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Woolbright to A1A. Go south to second community on right, Crown Colony.
  • Year Built: 1969
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room, Tub Shower, Walk-In Closet(s)
  • Furnished: Partially
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile
  • Living Area: 825.0
  • Dining Room Type: Den, Porch
  • Stories: 2

Exterior Features

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

Garage/Parking

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

Utilities

  • Security: Closed Circuit Camera(s), Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: None, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Association Fee: 430.0
  • Community Features: Bocce Court, Clubhouse, Non-Gated, Park, Pool, Shuffleboard
  • Senior Community: Yes
  • Amenities: Bocce Court, Billiard Room, Clubhouse, Library, Pool, Shuffleboard Court, Storage
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

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

Lot Info

  • Parcel #: 46434534170002060
  • Lot Size: East of US-1
  • Zoning Description: RES

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1849.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2021
Closed on
Oct 25, 2021
Sold by
Tod Yafit H
Bought by
Milanese Vito J and Milanese Suzanne
Seller's Agent
Susan Curt
Compass Florida LLC (PB)
Buyer's Agent
Lisa Rispoli
Exit Realty Premier Elite
List Price
$254,000
Sold Price
$228,000
Premium/Discount to List
-$26,000
-10.24%
Total Days on Market
98
Current Estimated Value
$294,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,353
Avg. Annual Appreciation
7.00%
Original Mortgage
$160,000
Outstanding Balance
$147,792
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$142,513

Purchase Details

Listed on
Jan 22, 2019
Closed on
May 31, 2019
Sold by
Pickering John R
Bought by
Tod Yafit H
Seller's Agent
Jennifer Ramer
Block Realty
Buyer's Agent
Jennifer Ramer
Block Realty
List Price
$124,000
Sold Price
$104,022
Premium/Discount to List
-$19,978
-16.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.68%
Original Mortgage
$72,815
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2004
Sold by
Dubitsky Jeffrey F and Dubitsky Ann L
Bought by
Pickering John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2002
Sold by
Merkle William R
Bought by
Dubitsky Jeffrey F and Dubitsky Ann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.52%

Range of Values:

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Average Value
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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
Milanese Vito J $228,000 Attorney
Tod Yafit H $104,022 First Priority Title Company
Pickering John R $177,500 Southeastern Alliance Title
Dubitsky Jeffrey F $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milanese Vito J $160,000
Previous Owner Tod Yafit H $72,815
Previous Owner Pickering John $106,712
Previous Owner Pickering John R $15,300
Previous Owner Pickering John R $142,000
Previous Owner Dubitsky Jeffrey F $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2021 10/26/21 Sold $228,000 -10.2% $276 / Sq Ft
09/26/2021 09/26/21 Pending -- -- --
06/19/2021 06/19/21 For Sale $254,000 +144.2% $308 / Sq Ft
06/03/2019 06/03/19 Sold $104,022 -16.1% $126 / Sq Ft
05/04/2019 05/04/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $124,000 -- $150 / 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 $4,284 $229,268 -- --
2023 $4,304 $228,533 $0 $0
2022 $4,022 $207,757 $0 $0
2021 $2,113 $112,281 $0 $112,281
2020 $1,849 $90,281 $0 $90,281
2019 $755 $72,418 $0 $0
2018 $714 $71,068 $0 $0
2017 $713 $69,606 $0 $0
2016 $722 $68,174 $0 $0
2015 $742 $67,700 $0 $0
2014 $752 $67,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10725303

BeachesMLS

APN: 46-43-45-34-17-000-2060