NOT LISTED FOR SALE

5580 N Ocean Blvd Unit 29F Boynton Beach, FL 33435

Estimated Value: $1,281,010 - $1,317,000

3 Beds
2.5 Baths
2,265 Sq Ft
$576/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $1,250,000 $552 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $9,792/month

62 Days on Market

Highlights

  • Property has ocean access
  • Home fronts a lagoon or estuary
  • Deck
  • Water Views
  • Gated Community
  • Roman Tub

About This Home

As of April 2024

OCEAN RIDGE. a very special low-density small town in a prime location close to Delray Beach, which is rated the most fun small town in America. The Ocean Ridge Yacht Club is the preferred place to live without the traffic and congestion that comes with city living. Resort style living in this prestigious waterfront community with deeded dock space for a 22 FT boat, gorgeous heated pool area, tropical gardens, lovely courtyard entrance, spacious floor plan, high ceilings, kitchen granite counters w/ peninsula, built in ovens, central vacuum, 1 car garage, long driveway, automatic garage door opener, large screened patio for entertaining, balcony, tile, 3 large bedrooms, 2.5 baths & bonus loft/office space. Close to first class dining, shopping, airports and steps away from the beach.

Last Agent to Sell the Property

Debbie Heuser

Illustrated Properties LLC License #3395572 Listed on: 12/26/2023

Illustrated Properties LLC

Co-Listed By

Sally Ott

Illustrated Properties LLC License #3227107

Last Buyer's Agent

Alex Power

Tina Fanjul Associates, Inc. License #3199594

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,844

Year Built

  • Built in 1987

Lot Details

  • 2,753 Sq Ft Lot
  • Home fronts a lagoon or estuary

HOA Fees

  • $1,517 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Water
  • Garden

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 2,265 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Furnished
  • Ceiling Fan
  • Plantation Shutters
  • Combination Dining and Living Room
  • Den
  • Loft
  • Security Gate

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Washer and Dryer
  • Laundry Tub

Outdoor Features

  • Property has ocean access
  • Seawall
  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 46434534410000296

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, pool(s), reserve fund
  • 50 Units
  • Ocean Ridge Yacht Club Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Phone Entry
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,844

Year Built

Built in 1987

Lot Details

0

HOA Fees

$1,517 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Ocean Ridge Yacht Club gate entrance on AIA just South of Woolbright Road. Townhouse number is 5580 (does not dispaly 29F).
  • Year Built: 1987
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bidet, Dual Sinks, Garden Tub/Roman Tub, Living/Dining Room, Separate Shower, Walk-In Closet(s), Central Vacuum, Loft
  • Furnished: Furnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2265.0
  • Dining Room Type: Den, Loft
  • Stories: 2
  • Window Features: Plantation Shutters

Exterior Features

  • Exterior Features: Deck, Patio
  • View: Garden, Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront Features: Lagoon, Ocean Access, Seawall
  • Waterfront: Yes
  • Disclosures: Foreign Seller
  • Construction Type: Block
  • 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, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security Gate, Phone Entry
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1517.0
  • Community Features: Gated, Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Pool(s), Reserve Fund

Lot Info

  • Parcel #: 46434534410000296
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 2753.0
  • Zoning Description: RMM(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12844.0

Multi Family

  • Number Of Units In Community: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2023
Closed on
Apr 30, 2024
Sold by
Lorenzen Juergen and Lorenzen Jurgen
Bought by
Seides Theodore D and Schenck-Seides Vanessa
Seller's Agent
Debbie Heuser
Illustrated Properties LLC
Buyer's Agent
Alex Power
Tina Fanjul Associates, Inc.
List Price
$1,380,000
Sold Price
$1,250,000
Premium/Discount to List
-$130,000
-9.42%
Views
52
Current Estimated Value
$1,304,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,503
Avg. Annual Appreciation
1.74%
Original Mortgage
$766,550
Outstanding Balance
$759,253
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$519,394

Purchase Details

Closed on
Nov 6, 2007
Sold by
Rossi Carl
Bought by
Lorenzen Jurgen

Purchase Details

Closed on
Jan 29, 2003
Sold by
Rossi Carl
Bought by
Rossi Carl and Carl Rossi Declaration Of Trust

Purchase Details

Closed on
Oct 3, 2000
Sold by
Robert and Vergara Soraya Vergara
Bought by
Rossi Carl

Purchase Details

Closed on
Oct 24, 1997
Sold by
N & O & R Properties Inc
Bought by
Vergara Robert and Vergara Soraya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.55%
Mortgage Type
New Conventional
Source: Public Records

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
Seides Theodore D $1,250,000 Florida Sun Title And Escrow L
Lorenzen Jurgen $535,000 Attorney
Rossi Carl -- --
Rossi Carl $350,000 --
Vergara Robert $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seides Theodore D $766,550
Previous Owner Vergara Robert $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $1,250,000 -9.4% $552 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
12/26/2023 12/26/23 For Sale $1,380,000 -- $609 / 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 $14,004 $732,338 -- --
2023 $12,844 $665,762 $0 $745,769
2022 $12,443 $605,238 $0 $0
2021 $10,776 $550,216 $0 $550,216
2020 $10,009 $510,216 $0 $510,216
2019 $10,224 $510,216 $0 $510,216
2018 $9,843 $510,172 $0 $510,172
2017 $9,555 $490,172 $0 $0
2016 $9,341 $465,172 $0 $0
2015 $9,012 $435,172 $0 $0
2014 $9,056 $428,548 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10945218

BeachesMLS

APN: 46-43-45-34-41-000-0296