NOT LISTED FOR SALE

5720 Old Ocean Blvd Unit 4W Boynton Beach, FL 33435

Estimated Value: $851,121 - $991,000

2 Beds
2 Baths
1,163 Sq Ft
$500/mo HOA Fee

Last Sold July 07, 2023

Last sale price $845,000 $727 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,443/month

117 Days on Market

Highlights

  • Ocean View
  • Waterfront
  • Sun or Florida Room
  • Property has ocean access
  • 42,308 Sq Ft lot
  • 1 Car Detached Garage

About This Home

As of July 2023

STEPS TO THE BEACH! This entire 2/2 condo has been fully renovated with sleek, modern, coastal style decor. Upgrades include brand new kitchen with open floor plan, lovely floors, gorgeous bathrooms, and an upstairs deck with views of the ocean. Sunroom allows for lots of natural sunlight and has views of the beautiful community courtyard. New appliances include: washer, dryer, hot water heater, dishwasher, and slide-in stove. All major mechanical equipment is monitored 24/7 by an innovative fault detection technology, so you won't be inconvenienced by unexpected equipment issues.Master bedroom has a comfortable queen bed, nightstands, a dresser with mirror, and great closet space. Enjoy your morning coffee while watching the waves on your private upstairs balcony.

Last Agent to Sell the Property

Scott Correale

One Sotheby's International Realty License #3348812 Listed on: 02/08/2023

One Sotheby's International Realty

Last Buyer's Agent

Matthew Campbell

Beachfront Properties Real Estate LLC License #3416171

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,000

Year Built

  • Built in 1976

Lot Details

  • 0.97

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Driveway

Property Views

  • Ocean
  • Garden

Interior Spaces

  • 1,163 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Washer and Dryer

Home Security

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Property has ocean access
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number 46434527460020040

Community Details

Overview

  • Ocean Terrace Condo Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,000

Year Built

Built in 1976

Lot Details

0

HOA Fees

$500 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Woolbright Road East to AIA, Turn Left, Make First Right Trun on Adams Street
  • Year Built: 1976
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room
  • Furnished: Partially
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1163.0
  • Dining Room Type: Florida Room
  • Stories: 2

Exterior Features

  • View: Garden, Ocean
  • Pool Features: None
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Driveway, Detached, Garage

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 46434527460020040
  • Lot Size: 1/2 to < 1 Acre
  • Lot Size Sq Ft: 42308.0
  • Zoning Description: RMM(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Jun 26, 2023
Sold by
Evans Tiffany
Bought by
Golchin Armand and Collette Alexandra
Seller's Agent
Scott Correale
One Sotheby's International Realty
Buyer's Agent
Matthew Campbell
Beachfront Properties Real Estate LLC
List Price
$899,000
Sold Price
$845,000
Premium/Discount to List
-$54,000
-6.01%
Views
211
Current Estimated Value
$943,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,780
Avg. Annual Appreciation
5.46%
Original Mortgage
$802,750
Outstanding Balance
$783,007
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$160,773

Purchase Details

Closed on
Aug 1, 2022
Sold by
Justin Savage
Bought by
Evans Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2012
Sold by
Savage Justin
Bought by
Savage Justin
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
Golchin Armand $845,000 Delray Beach Title
Evans Tiffany $700,000 Delray Beach Title
Savage Justin $142,500 First Priority Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Golchin Armand $802,750
Previous Owner Evans Tiffany $490,000
Previous Owner Savage Patrick W $544,185
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $845,000 -3.1% $727 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
03/22/2023 03/22/23 Price Changed $872,000 -0.8% $750 / Sq Ft
03/17/2023 03/17/23 Price Changed $879,000 -2.2% $756 / Sq Ft
02/08/2023 02/08/23 For Sale $899,000 -- $773 / 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 $8,775 $517,116 -- --
2023 $12,841 $693,717 $0 $693,717
2022 $9,009 $411,763 $0 $0
2021 $8,245 $502,757 $0 $502,757
2020 $7,706 $482,797 $0 $482,797
2019 $7,469 $481,300 $0 $481,300
2018 $6,785 $481,300 $0 $481,300
2017 $6,118 $416,300 $0 $0
2016 $5,981 $232,430 $0 $0
2015 $4,426 $211,300 $0 $0
2014 $4,472 $211,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10864626

BeachesMLS

APN: 46-43-45-27-46-002-0040