NOT LISTED FOR SALE

5762 Island Reach Ln Unit 2 Boynton Beach, FL 33437

Estimated Value: $424,000 - $499,000

3 Beds
2 Baths
1,791 Sq Ft
$253/Sq Ft Est. Value

Last Sold March 25, 2015

Last sale price $233,000 $130 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,223/month

32 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Roman Tub
  • Fitness Center
  • Vaulted Ceiling
  • Screened Porch

About This Home

As of March 2015

Fantastic villa in a great section of Majestic Isles. Villa is just steps from the clubhouse, pool & tennis courts! Beautiful granite countertops in kitchen, Kenmore Elite French door fridge, recessed lighting & a new washer/dryer (2014). This unit has hurricane shutters, skylight, roman tub, knockdown on walls, dual sinks & roman tub in master bath. Relax in the screened in porch overlooking the lake. Majestic Isles offers a clubhouse, tennis, pool, shuffleboard, card rooms & theater rm.

Last Agent to Sell the Property

Jacquelyn Scott

RE/MAX FIRST License #0657910 Listed on: 01/21/2015

RE/MAX FIRST

Last Buyer's Agent

Robert SOLOMON

Century Village Real Estate, License #583354

Century Village Real Estate,

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,639

Year Built

  • Built in 1997

Lot Details

  • Lake Front
  • North Facing Home
  • Privacy Fence

HOA Fees

  • $348 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Over 1 Space Per Unit
  • Garage Door Opener

Home Design

  • Villa
  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 1,791 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Blinds
  • Combination Dining and Living Room
  • Screened Porch
  • Lake Views
  • Hurricane or Storm Shutters

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00424526340002920

Community Details

Overview

  • Association fees include common areas, cable TV, ground maintenance, pool(s), recreation facilities, security
  • Majestic Isles Subdivision

Recreation

  • Tennis Courts
  • Shuffleboard Court
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Security Guard

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,639

Year Built

Built in 1997

Lot Details

0

HOA Fees

$348 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Directions: WOOLBRIGHT WEST OF MILITARY TRAIL ON NORTH SIDE. SHOW CARD AT GATE. GO THROUGH 4 WAY STOP THEN FIRST LEFT TURN. PROPERTY FIRST TWINHOME ON LEFT.
  • Year Built: 1997
  • Entry Level: 1
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, Breakfast Area, Dual Sinks, Garden Tub/Roman Tub, Living/Dining Room, Main Living Area Entry Level, Pantry, Split Bedrooms, Skylights, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Living Area: 1791.0
  • Stories: 1
  • Window Features: Blinds, Skylight(s)

Exterior Features

  • Exterior Features: Enclosed Porch, Privacy Wall, Storm/Security Shutters
  • View: Lake
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security Guard
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 1045.0
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Pool, Shuffleboard Court, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Pets Allowed: Conditional, Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Grounds, Pool(s), Recreation Facilities, Security

Lot Info

  • Parcel #: 00424526340002920

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 2639.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2015
Closed on
Mar 23, 2015
Sold by
Marcus Bruce
Bought by
Gerstman Jerry and Gerstman Susan
Seller's Agent
Jacquelyn Scott
RE/MAX FIRST
Buyer's Agent
Robert SOLOMON
Century Village Real Estate,
List Price
$249,000
Sold Price
$233,000
Premium/Discount to List
-$16,000
-6.43%
Current Estimated Value
$453,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,472
Avg. Annual Appreciation
6.53%

Purchase Details

Closed on
Oct 24, 2003
Sold by
Marcus Harold and Marcus Naomi
Bought by
Marcus Harold and Marcus Naomi

Purchase Details

Closed on
Apr 27, 1998
Sold by
Oriole Homes Corp
Bought by
Marcus Harold and Marcus Naomi
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
Gerstman Jerry $233,000 Attorney
Gertsman Jerry $233,000 None Available
Marcus Harold -- --
Marcus Harold $144,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2015 03/25/15 Sold $233,000 -6.4% $130 / Sq Ft
02/23/2015 02/23/15 Pending -- -- --
01/21/2015 01/21/15 For Sale $249,000 -- $139 / 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 $5,652 $297,374 -- --
2023 $5,358 $270,340 $0 $0
2022 $4,823 $245,764 $0 $0
2021 $4,203 $223,422 $0 $223,422
2020 $4,235 $223,422 $0 $223,422
2019 $3,931 $203,422 $0 $203,422
2018 $3,727 $203,280 $0 $203,280
2017 $3,397 $177,309 $0 $0
2016 $3,750 $192,337 $0 $0
2015 $3,976 $198,359 $0 $0
2014 $2,639 $164,852 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1324677

BeachesMLS (Greater Fort Lauderdale)

APN: 00-42-45-26-34-000-2920