NOT LISTED FOR SALE

5560 Spring Lake Terrace Boynton Beach, FL 33437

Estimated Value: $495,254 - $546,000

3 Beds
2 Baths
1,775 Sq Ft
$292/Sq Ft Est. Value

Last Sold October 17, 2024

Last sale price $490,000 $276 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,130/month

50 Days on Market

Highlights

  • Lake Front
  • Vaulted Ceiling
  • Great Room
  • Crystal Lakes Elementary School Rated A-
  • Mediterranean Architecture
  • Community Pool

About This Home

As of October 2024

Priced to Sell! Don't miss this great opportunity to own a 3-bedroom, 2-bath lakefront single-family home with a two-car garage in the highly desirable Sun Valley community in Boynton Beach. This home boasts a spacious screened-in patio and an oversized fenced backyard, perfect for children, pets, and entertaining. Upgraded diagonal tile flows throughout the entire home, and the kitchen features granite countertops, cherrywood cabinets, stainless steel appliances, and a cozy eat-in area.Community amenities include a pool, tennis, pickleball, and basketball courts. Located just minutes from shopping, dining, healthcare, and the FL Turnpike, this home is also convenient to beaches, parks, golf courses, and airports.*Refrigerator in garage does not convey.

Last Agent to Sell the Property

Dennis Casper

EXP Realty LLC License #3084073 Listed on: 08/28/2024

EXP Realty LLC

Last Buyer's Agent

Laurette Innocent

Worthy Realty LLC License #3477964

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,656

Year Built

  • Built in 1989

Lot Details

  • 9,010 Sq Ft Lot
  • Lake Front
  • Property is zoned RS

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 1,775 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Great Room
  • Family Room
  • Formal Dining Room
  • Ceramic Tile Flooring
  • Lake Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Patio

Schools

  • Crystal Lakes Elementary School
  • Christa Mcauliffe Middle School
  • Boynton Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00424522060004210

Community Details

Overview

  • Association fees include common areas, recreation facilities
  • Sun Valley 2 Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,656

Year Built

Built in 1989

Lot Details

0

HOA Fees

$180 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Boynton Beach Blvd west of Military and East of Jog Rd to El Clair Ranch Rd. Left on Spring Lake Terrace. Home will be on the right.
  • Year Built: 1989
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Main Level Bedrooms: 3
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Living Area: 1775.0
  • Dining Room Type: Family Room, Great Room
  • Stories: 1

Exterior Features

  • Exterior Features: Patio
  • View: Lake
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 180.0
  • Community Features: Non-Gated, Pickleball, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Pickleball, Pool, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Recreation Facilities

Schools

  • Elementary School: Crystal Lakes (Palm Beach)
  • High School: Boynton Beach
  • Middle Or Junior School: Christa McAuliffe

Lot Info

  • Parcel #: 00424522060004210
  • Lot Size: 9,147.60 SQ FT
  • Lot Size Sq Ft: 9010.0
  • Zoning Description: RS

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2656.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2024
Closed on
Oct 17, 2024
Sold by
Kosik Eunice and Miller Cathy Ann
Bought by
Israel Schultzie and Therameau Marjorie Israel
Seller's Agent
Dennis Casper
EXP Realty LLC
Buyer's Agent
Laurette Innocent
Worthy Realty LLC
List Price
$479,000
Sold Price
$490,000
Premium/Discount to List
$11,000
2.3%
Views
2
Current Estimated Value
$518,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,064
Avg. Annual Appreciation
4.96%
Original Mortgage
$465,500
Outstanding Balance
$459,519
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$58,545

Purchase Details

Closed on
Mar 19, 2021
Sold by
Hall Kosik Eunice
Bought by
Sparks Penny Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,100
Interest Rate
2.4%

Purchase Details

Closed on
Feb 2, 2010
Sold by
Lafaille Juanley and Valcourt Farah
Bought by
Hall Kosik Eunice and Sparks Penny Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,812
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 10, 2002
Sold by
Appel Barrie D and Appel Pamela L
Bought by
Lafaille Juanley and Lafaille Farah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
6.18%
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
Israel Schultzie -- Distinctive Title Services
Israel Schultzie $490,000 Distinctive Title Services
Sparks Penny Sue $57,005 None Available
Hall Kosik Eunice $176,000 Direct Title Ins Agency Ltd
Lafaille Juanley $199,000 First Fidelity Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Israel Schultzie $465,500
Previous Owner Sparks Penny Sue $125,100
Previous Owner Hall Kosik Eunice $172,812
Previous Owner Lafaille Juanley $159,200
Closed Lafaille Juanley $29,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2024 10/17/24 Sold $490,000 +2.3% $276 / Sq Ft
08/28/2024 08/28/24 For Sale $479,000 -- $270 / 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
2025 $2,735 $404,964 -- --
2024 $2,735 $180,931 -- --
2023 $2,656 $175,661 $0 $0
2022 $2,620 $170,545 $0 $0
2021 $2,573 $165,578 $0 $0
2020 $2,546 $163,292 $0 $0
2019 $2,511 $159,621 $0 $0
2018 $2,385 $156,645 $0 $0
2017 $2,334 $153,423 $0 $0
2016 $2,331 $150,267 $0 $0
2015 $2,298 $144,787 $0 $0
2014 $2,302 $143,638 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11016078

BeachesMLS

APN: 00-42-45-22-06-000-4210