NOT LISTED FOR SALE

5720 Old Ocean Blvd Unit 3W Boynton Beach, FL 33435

Estimated Value: $811,810 - $1,409,000

2 Beds
2 Baths
1,163 Sq Ft
$924/Sq Ft Est. Value

Last Sold January 30, 2018

Last sale price $625,000 $537 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $7,139/month

44 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • 42,308 Sq Ft lot
  • Boat Ramp
  • Waterfront
  • Marble Flooring

About This Home

As of January 2018

THIS IS A BEAUTIFULLY RENOVATED TOWN HOME JUST STEPS AWAY FROM THE BEACH WITH BEAUTIFUL VIEWS OF THE OCEAN. THE ATTENTION TO DETAIL IS REMARKABLE, THE QUALITY OF THE FINISHES IS VERY HIGH, AND THE FLOOR PLAN IS VERY FUNCTIONAL. THIS UNIT MUST BE SEEN!

Last Agent to Sell the Property

Anastasios Varvarikos

Inactive member License #3214873 Listed on: 11/16/2017

Inactive member

Last Buyer's Agent

Loye Matika

The Keyes Company License #3224765

The Keyes Company

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,309

Year Built

  • Built in 1976

Lot Details

  • 0.97 Acre Lot
  • Waterfront

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Property Views

  • Ocean
  • Garden

Home Design

  • Flat Roof Shape
  • Tar and Gravel Roof

Interior Spaces

  • 1,163 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room

Kitchen

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

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry in Garage
  • Dryer
  • Washer
  • Laundry Tub

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony
  • Open Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 46434527460020030

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, parking, pest control, roof, sewer, trash, water
  • Ocean Terrace Condo Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Trails

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,309

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: 1-95 EXIT EAST ON WOOLBRIGHT CROSS OVER BRIDGE, CROSS ROADS ARE OLD OCEAN BLVD AND ADAMS ROAD
  • Year Built: 1976
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Dual Sinks, Living/Dining Room, Pantry, Split Bedrooms
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble, Tile
  • Living Area: 1163.0
  • Dining Room Type: Family Room
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony
  • View: Garden, Ocean
  • Pool Features: None
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale
  • Roof: Flat, Tar/Gravel

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, In Garage, Laundry Tub
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 500.0
  • Community Features: Boat Facilities, Street Lights
  • Senior Community: No
  • Amenities: Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 46434527460020030
  • Lot Size: 1/2 to < 1 Acre
  • Lot Size Sq Ft: 42308.0
  • Zoning Description: RMM(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7309.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2017
Closed on
Jan 30, 2018
Sold by
Zingaro Guy V and Zingaro Irene E
Bought by
Wilder Daniel and Carroll Courtney
Seller's Agent
Anastasios Varvarikos
Inactive member
Buyer's Agent
Loye Matika
The Keyes Company
List Price
$689,000
Sold Price
$625,000
Premium/Discount to List
-$64,000
-9.29%
Current Estimated Value
$1,074,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$449,953
Avg. Annual Appreciation
7.62%
Original Mortgage
$562,500
Outstanding Balance
$481,253
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$605,265

Purchase Details

Listed on
Aug 20, 2015
Closed on
Nov 2, 2015
Sold by
Forman Errol D and Forman Beverly Ann
Bought by
Zingaro Guy and Zingaro Irene E
Seller's Agent
Ronni Gerstel
Illustrated Properties LLC
Buyer's Agent
Curtis Brown
Hampton Real Estate Group
List Price
$549,000
Sold Price
$499,000
Premium/Discount to List
-$50,000
-9.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.52%

Purchase Details

Closed on
Jun 26, 2002
Sold by
Spadafora Joseph C and Spadafora Carolyann
Bought by
Forman Errol D and Forman Beverly Ann
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
Wilder Daniel $625,000 Attorney
Zingaro Guy $499,000 Progressive Title Solutions
Forman Errol D $345,000 Corporate Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilder Daniel $562,500
Previous Owner Forman Errol D $475,000
Previous Owner Forman Errol D $336,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2018 01/30/18 Sold $625,000 -9.3% $537 / Sq Ft
12/31/2017 12/31/17 Pending -- -- --
11/16/2017 11/16/17 For Sale $689,000 +38.1% $592 / Sq Ft
11/02/2015 11/02/15 Sold $499,000 -9.1% $333 / Sq Ft
10/03/2015 10/03/15 Pending -- -- --
08/20/2015 08/20/15 For Sale $549,000 -- $366 / 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 $9,043 $531,853 -- --
2023 $8,828 $516,362 $0 $0
2022 $8,784 $501,322 $0 $0
2021 $8,745 $486,720 $0 $0
2020 $8,626 $480,000 $0 $480,000
2019 $8,811 $480,000 $0 $480,000
2018 $7,401 $423,715 $0 $0
2017 $7,309 $415,000 $0 $0
2016 $7,428 $410,000 $0 $0
2015 $4,399 $210,000 $0 $0
2014 $4,445 $210,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Anastasios Varvarikos

    Inactive member

    Section Image
  • Loye Matika

    Buyer's Agent in 2018

    Loye Matika

    The Keyes Company

    (561) 703-9825

    34 Total Sales

    Section Image
  • Ronni Gerstel

    Seller's Agent in 2015

    Ronni Gerstel

    Illustrated Properties LLC

    (561) 324-0999

    14 Total Sales

    Section Image
  • Curtis Brown

    Buyer's Agent in 2015

    Curtis Brown

    Hampton Real Estate Group

    (561) 254-1509

    4 in this area

    74 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10382720

BeachesMLS

APN: 46-43-45-27-46-002-0030

Florida Palm Beach County Boynton Beach 33435

5720 Old Ocean Blvd Unit 3W, Boynton Beach, FL

This home is located at 5720 Old Ocean Blvd Unit 3W, Boynton Beach, FL 33435 since 16 November 2017 and is currently estimated at $1,074,953, approximately $924 per square foot. This property was built in 1976. 5720 Old Ocean Blvd Unit 3W is a home located in Palm Beach County with nearby schools including Forest Park Elementary School, Boynton Beach Community High School, and Congress Community Middle School.

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 IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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