NOT LISTED FOR SALE

5581 Spring Lake Terrace Boynton Beach, FL 33437

Estimated Value: $631,000 - $782,000

3 Beds
2 Baths
2,302 Sq Ft
$310/Sq Ft Est. Value

Last Sold August 14, 2023

Last sale price $720,000 $313 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,887/month

93 Days on Market

Highlights

  • Lake Front
  • Private Pool
  • Vaulted Ceiling
  • Crystal Lakes Elementary School Rated A-
  • Home fronts a lagoon or estuary
  • Sun or Florida Room

About This Home

As of August 2023

Enjoy each morning in your beautiful kitchen and dining area with vaulted ceilings as they fill with light from the morning sun. Then in the evening enjoy the best view in the community, as you sit in your screen-enclosed patio that overlooks your custom pool and serene lake as the sun sets in front of you.3 Beds, 2 Baths plus a den that can serve as an office or more. Beautiful kitchen with upscale ss appliances, quartz countertops, and marble backsplash. Elegant bathrooms, porcelain floors throughout, outdoor kitchen area, laundry room, 2 car garage. Plantation shutters. Lots of entertaining 2302 sq feet. Brand new IMPACT windows, doors, and garage door. New sprinkler system. This home is ideally situated in a beautiful and well-maintained community. 'A' rated schools.

Last Agent to Sell the Property

Sulay Mesa

RE/MAX Consultants Realty 1 License #3514088 Listed on: 05/12/2023

RE/MAX Consultants Realty 1

Last Buyer's Agent

Joseph Shayowitz

LoKation License #3371906

LoKation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,214

Year Built

  • Built in 1988

Lot Details

  • 9,015 Sq Ft Lot
  • Home fronts a lagoon or estuary
  • Lake Front
  • East Facing Home
  • Sprinkler System
  • Property is zoned RS

HOA Fees

  • $163 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Spanish Tile Roof

Interior Spaces

  • 2,302 Sq Ft Home
  • 1-Story Property
  • Custom Mirrors
  • Vaulted Ceiling
  • Plantation Shutters
  • Family Room
  • Den
  • Sun or Florida Room
  • Utility Room
  • Concrete Flooring
  • Lake Views
  • Impact Glass

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Private Pool
  • Screen Enclosure

Schools

  • Crystal Lakes Elementary School
  • Christa Mcauliffe Middle School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00424522060004520

Community Details

Overview

  • Association fees include common area maintenance, cable TV, recreation facilities
  • Sun Valley 02 Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,214

Year Built

Built in 1988

Lot Details

0

HOA Fees

$163 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Take Boynton Beach Blvd to El Clair Ranch Dr (going North), turn left on Spring Lake Terrace
  • Year Built: 1988
  • Architectural Style: One Story
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: First Floor Entry, High Ceilings, Kitchen Island, Custom Mirrors, Main Level Master, Vaulted Ceiling(s), Walk-In Closet(s)
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Concrete
  • Living Area: 2302.0
  • Dining Room Type: Den, Family Room, Florida Room, Laundry, Utility Room
  • Window Features: Impact Glass, Plantation Shutters

Exterior Features

  • Exterior Features: Security/High Impact Doors
  • View: Lake
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: In Ground, Pool, Screen Enclosure, Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front, Lagoon
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Direction Faces: East
  • Property Condition: Resale
  • Roof: Spanish Tile

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
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 163.0
  • Community Features: Non-Gated, Pool, Tennis Court(s)
  • Senior Community: No
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maintenance, Cable TV, Recreation Facilities

Schools

  • Elementary School: Crystal Lakes
  • Middle Or Junior School: Christa McAuliffe

Lot Info

  • Parcel #: 00424522060004520
  • Lot Size Sq Ft: 9015.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8214.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Aug 14, 2023
Sold by
Bilodeau Tony
Bought by
Brisk Elya and Brisk Esther
Seller's Agent
Sulay Mesa
RE/MAX Consultants Realty 1
Buyer's Agent
Joseph Shayowitz
LoKation
List Price
$759,000
Sold Price
$720,000
Premium/Discount to List
-$39,000
-5.14%
Views
203
Current Estimated Value
$713,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,984
Avg. Annual Appreciation
-1.42%
Original Mortgage
$504,000
Outstanding Balance
$495,197
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$204,442

Purchase Details

Listed on
Aug 26, 2022
Closed on
Jan 27, 2023
Sold by
Mesa Sulay I
Bought by
Mesa Sulay I
Seller's Agent
Mark Rucco
RE/MAX Direct
Buyer's Agent
Sulay Mesa
RE/MAX Consultants Realty 1
List Price
$529,900
Sold Price
$479,550
Premium/Discount to List
-$50,350
-9.5%
Views
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
90.61%
Original Mortgage
$455,572
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 26, 2022
Closed on
Dec 20, 2022
Sold by
Johnson Staci
Bought by
Mesa Sulay I
Seller's Agent
Mark Rucco
RE/MAX Direct
Buyer's Agent
Sulay Mesa
RE/MAX Consultants Realty 1
List Price
$529,900
Sold Price
$479,550
Premium/Discount to List
-$50,350
-9.5%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,572
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2014
Closed on
Mar 21, 2014
Sold by
Parra Dorothy Mae
Bought by
Simons Harvey
Seller's Agent
Merri-Adele Trella
MMLS Assoc.-Inactive Member
List Price
$350,000
Sold Price
$323,000
Premium/Discount to List
-$27,000
-7.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%
Original Mortgage
$236,800
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2012
Sold by
Parra Dorothy Mae and Parra Dorothy Mae
Bought by
Parra Dorothy Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,000
Interest Rate
3.68%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 5, 2007
Sold by
Parra Andrew J and Parra Dorothy Mae
Bought by
Parra Andrew J and Parra Dorothy Mae

Purchase Details

Closed on
Mar 30, 2005
Sold by
Tucker Cyril P and Tucker Rosalie D
Bought by
Parra Andrew J and Parra Dorothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
4.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Brisk Elya $720,000 Mellinger Title Services
Mesa Sulay I $151,583 --
Mesa Sulay I $479,550 First Priority Title
Simons Harvey $323,000 Patch Reef Title Company Inc
Parra Dorothy Mae -- Attorney
Parra Andrew J -- Attorney
Parra Andrew J $374,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brisk Elya $504,000
Previous Owner Mesa Sulay I $455,572
Previous Owner Simons Harvey $236,800
Previous Owner Parra Dorothy M $307,000
Previous Owner Parra Andrew J $50,000
Previous Owner Parra Andrew $325,500
Previous Owner Parra Andrew J $259,500
Previous Owner Parra Andrew J $249,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2023 08/14/23 Sold $720,000 -5.1% $313 / Sq Ft
05/12/2023 05/12/23 For Sale $759,000 +58.3% $330 / Sq Ft
12/27/2022 12/27/22 Sold $479,550 -4.1% $208 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
10/14/2022 10/14/22 Price Changed $499,900 -5.7% $217 / Sq Ft
10/03/2022 10/03/22 For Sale $529,900 -11.5% $230 / Sq Ft
10/03/2022 10/03/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $599,000 +85.4% $260 / Sq Ft
03/21/2014 03/21/14 Sold $323,000 -4.7% $120 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
02/05/2014 02/05/14 Price Changed $339,000 -3.1% $126 / Sq Ft
01/17/2014 01/17/14 For Sale $350,000 -- $130 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $10,073 $591,417 -- --
2023 $8,930 $517,594 $218,500 $299,094
2022 $8,214 $462,433 $0 $0
2021 $5,106 $310,902 $0 $0
2020 $5,068 $306,609 $0 $0
2019 $5,007 $299,716 $0 $0
2018 $4,759 $294,128 $0 $0
2017 $4,700 $288,078 $0 $0
2016 $4,712 $282,153 $0 $0
2015 $4,825 $280,192 $0 $0
2014 $3,692 $217,557 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Sulay Mesa

    RE/MAX

    (954) 551-5773

    10 Total Sales

    Section Image

  • J

    Buyer's Agent in 2023

    Joseph Shayowitz

    LoKation

    (561) 299-0113

    99 Total Sales

    Section Image
  • Mark Rucco

    Seller's Agent in 2022

    Mark Rucco

    RE/MAX

    (413) 522-0115

    670 Total Sales

    Section Image

  • M

    Seller's Agent in 2014

    Merri-Adele Trella

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10380453

BeachesMLS (Greater Fort Lauderdale)

APN: 00-42-45-22-06-000-4520

Florida Palm Beach County Boynton Beach 33437

5581 Spring Lake Terrace, Boynton Beach, FL

This home is located at 5581 Spring Lake Terrace, Boynton Beach, FL 33437 since 12 May 2023 and is currently estimated at $713,016, approximately $309 per square foot. This property was built in 1988. 5581 Spring Lake Terrace is a home located in Palm Beach County with nearby schools including Crystal Lakes Elementary School, Boynton Beach Community High School, and Ben Gamla Charter School Palm Beach.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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