NOT LISTED FOR SALE

5556 N Ocean Blvd Boynton Beach, FL 33435

Estimated Value: $1,164,000 - $1,721,000

3 Beds
2.5 Baths
2,093 Sq Ft
$709/Sq Ft Est. Value

Last Sold June 15, 2012

Last sale price $565,000 $270 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $10,076/month

106 Days on Market

Highlights

  • Boat Ramp
  • Deck
  • Roman Tub
  • Property fronts an intracoastal waterway
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of June 2012

One of area's best kept boating secrets. Walk outside your townhome and directly to your dock with boat lift. Ideally located just minutes by water to the Boynton Inlet for easy ocean access with full service marina's nearby. ORYC is an exclusive enclave of meticulously maintained townhomes just a short block from the beach. This 3BR/2.5BA unit provides expansive views of the intracoastal. Updated kitchen includes custom cabinetry, s/s appliances and granite counter tops. Great views are available from living area's as well as the kitchen with an open floor plan, perfect for entertaining. A spacious master suite overlooks the water with exterior balcony. Master bath features separate shower finished in marble as well as separate tub and dual sinks. Acc... (see supplement for full remark

Last Agent to Sell the Property

Gar Finnvold

Douglas Elliman License #3011088 Listed on: 01/30/2012

Douglas Elliman

Last Buyer's Agent

Gar Finnvold

Douglas Elliman License #3011088 Listed on: 01/30/2012

Douglas Elliman

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,015

Year Built

  • Built in 1987

Lot Details

  • Property fronts an intracoastal waterway
  • East Facing Home
  • Sprinkler System

HOA Fees

  • $833 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 2,093 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Built-In Features
  • Vaulted Ceiling
  • Skylights
  • Single Hung Metal Windows
  • French Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Intracoastal Views
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Roman Tub

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Security Gate
  • Motion Detectors

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 46434534410000051

Community Details

Overview

  • Association fees include common areas, ground maintenance, maintenance structure, pest control, trash
  • 50 Units
  • Ocean Ridge Yacht Club Subdivision, Direct Intracoastal Floorplan

Recreation

  • Boat Ramp
  • Boating
  • Community Pool
  • Park

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,015

Year Built

Built in 1987

Lot Details

0

HOA Fees

$833 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Woolbright Rd. East to A1A. One block South Ocean Ridge Yacht Club on right
  • Year Built: 1987
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Attic, Built-in Features, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), Garden Tub/Roman Tub, Living/Dining Room, Custom Mirrors, Pull Down Attic Stairs, Split Bedrooms, Skylights, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Carpet, Ceramic Tile, Wood
  • Living Area: 2093.0
  • Stories: 2
  • Window Features: Metal, Single Hung, Skylight(s)

Exterior Features

  • Exterior Features: Deck, Patio
  • View: Intercoastal
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront Features: Boat Ramp/Lift Access, Dock Access, Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Security Gate, Motion Detectors, Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 833.0
  • Community Features: Boat Facilities, Park, Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Maintenance Structure, Pest Control, Trash

Lot Info

  • Parcel #: 46434534410000051
  • Zoning Description: RES

Tax Info

  • Tax Year: 2008
  • Tax Annual Amount: 10015.0

Multi Family

  • Number Of Units In Community: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2012
Closed on
May 23, 2012
Sold by
Blakeley Gerald W and Blakeley Lucy U
Bought by
Flanagan Henry E and Flanagan Barbara A
Seller's Agent
Gar Finnvold
Douglas Elliman
Buyer's Agent
Gar Finnvold
Douglas Elliman
List Price
$639,000
Sold Price
$565,000
Premium/Discount to List
-$74,000
-11.58%
Current Estimated Value
$1,484,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$919,056
Avg. Annual Appreciation
7.46%
Original Mortgage
$400,000
Outstanding Balance
$282,224
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$1,177,665

Purchase Details

Closed on
Sep 3, 1996
Sold by
N-O-R Properties Inc
Bought by
Blakeley Gerald W and Blakeley Lucy U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
8.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List 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
Flanagan Henry E $565,000 Attorney
Blakeley Gerald W $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flanagan Henry E $400,000
Previous Owner Blakeley Gerald W $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2012 06/15/12 Sold $565,000 -11.6% $270 / Sq Ft
05/16/2012 05/16/12 Pending -- -- --
01/30/2012 01/30/12 For Sale $639,000 -- $305 / 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 $13,888 $797,777 -- --
2023 $13,568 $774,541 $0 $0
2022 $13,516 $751,982 $0 $0
2021 $13,469 $730,080 $0 $0
2020 $13,289 $720,000 $0 $720,000
2019 $14,387 $720,000 $0 $720,000
2018 $13,852 $720,000 $0 $720,000
2017 $13,506 $695,000 $0 $0
2016 $12,932 $632,500 $0 $0
2015 $11,876 $575,000 $0 $0
2014 $11,637 $544,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3256068

BeachesMLS

APN: 46-43-45-34-41-000-0051