NOT LISTED FOR SALE

5720 Old Ocean Blvd Unit 2W Boynton Beach, FL 33435

Estimated Value: $871,539 - $1,243,000

2 Beds
2 Baths
1,500 Sq Ft
$670/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $860,000 $573 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,930/month

123 Days on Market

Highlights

  • Furnished
  • Ceramic Tile Flooring
  • 1 Car Garage
  • Built-In Features
  • Central Heating and Cooling System
  • Family Room

About This Home

As of September 2022

Tucked away in the exclusive town of Ocean Ridge, 5720 Old Ocean Blvd, Ocean Ridge is offered fully furnished and is the perfect South Florida pied-a- terre with private deeded access to the pristine beaches. Featuring 1,500 square feet the 2 Bedroom 2 Bath Townhouse with a generous and open living room and kitchen on the first floor and two spacious second floor bedrooms and beautiful ocean views from the owner's suite. Additional features include lots of storage and a one-car garage. Moments to Atlantic Avenue and Palm Beach.

Last Agent to Sell the Property

Candace Friis

The Corcoran Group License #582187 Listed on: 04/18/2022

The Corcoran Group

Co-Listed By

Phillip Friis

The Corcoran Group License #3297432

Last Buyer's Agent

Candace Friis

The Corcoran Group License #582187 Listed on: 04/18/2022

The Corcoran Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,820

Year Built

  • Built in 1976

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Family Room
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Association fees include insurance, ground maintenance, sewer, water
  • Ocean Terrace Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 46434527460020020

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,820

Year Built

Built in 1976

Lot Details

0

HOA Fees

$500 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: A1A N of Woolbright to Adams
  • Year Built: 1976
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Pantry, Split Bedrooms
  • Furnished: Furnished
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 1500.0
  • Dining Room Type: Family Room
  • Stories: 2

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 500.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Sewer, Water

Lot Info

  • Parcel #: 46434527460020020
  • Zoning Description: RMM(ci

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3820.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2022
Closed on
Sep 16, 2022
Sold by
Giannetti Jeffrey and Giannetti Galen Noel
Bought by
Laporte Barbara E and Laporte Stefan J
Seller's Agent
Candace Friis
The Corcoran Group
Buyer's Agent
Candace Friis
The Corcoran Group
List Price
$875,000
Sold Price
$860,000
Premium/Discount to List
-$15,000
-1.71%
Total Days on Market
123
Current Estimated Value
$1,005,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,635
Avg. Annual Appreciation
5.92%

Purchase Details

Listed on
Sep 30, 2020
Closed on
Mar 15, 2021
Sold by
Khattar Rajiv and Khattar Natalie
Bought by
Giannetti Jeffrey and Giannetti Galen
Seller's Agent
Paulette Koch
The Corcoran Group
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$675,000
Sold Price
$675,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.40%
Original Mortgage
$467,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2013
Sold by
Oberhelman Natalie J and Khattar Rajiv
Bought by
Khattar Rajiv and Khattar Natalie

Purchase Details

Closed on
Apr 11, 2000
Sold by
David Cara J and David Brown
Bought by
Brown Cara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
8.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 1997
Sold by
Brown Cara J and Brown David
Bought by
Brown Cara J and Brown David

Purchase Details

Closed on
Dec 9, 1996
Sold by
Readinger Larry L and Readinger Katherine H
Bought by
Brown Cara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,600
Interest Rate
7.83%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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
Laporte Barbara E $860,000 Title Brothers Llc
Giannetti Jeffrey $675,000 First American Title Ins Co
Khattar Rajiv -- Attorney
Brown Cara J -- --
Brown Cara J $100 --
Brown Cara J $131,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Giannetti Jeffrey $467,500
Previous Owner Brown Cara J $102,000
Previous Owner Brown Cara J $78,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Sold $860,000 -1.7% $573 / Sq Ft
08/20/2022 08/20/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $875,000 +29.6% $583 / Sq Ft
03/16/2021 03/16/21 Sold $675,000 0.0% $450 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
09/30/2020 09/30/20 For Sale $675,000 -- $450 / 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 $9,416 $552,316 -- --
2023 $9,192 $536,229 $0 $0
2022 $11,111 $583,200 $0 $0
2021 $3,820 $233,017 $0 $0
2020 $3,764 $229,800 $0 $0
2019 $3,743 $224,633 $0 $0
2018 $3,518 $220,445 $0 $0
2017 $3,468 $215,911 $0 $0
2016 $3,483 $211,470 $0 $0
2015 $3,563 $210,000 $0 $0
2014 $3,601 $210,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10792662

BeachesMLS

APN: 46-43-45-27-46-002-0020