NOT LISTED FOR SALE

5888 N Ocean Blvd Boynton Beach, FL 33435

Estimated Value: $3,257,000 - $5,388,000

5 Beds
4 Baths
4,571 Sq Ft
$870/Sq Ft Est. Value

Last Sold December 06, 2017

Last sale price $1,550,000 $339 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $24,669/month

262 Days on Market

Highlights

  • Outdoor Pool
  • Wood Flooring
  • Lanai
  • Waterfront
  • Mediterranean Architecture
  • 3-minute walk to Ocean Ridge Natural Area

About This Home

As of December 2017

From the moment you enter the expansive custom brick paved driveway of this estate sized lot - over .43 acres - your eyes will be captivated by the beauty and style of this 4,570 SF home with 5 bedroom, 4 bath surrounded by spectacular landscaping located in upscale Ocean Ridge. You’ll love the beautiful entry and foyer with its high gloss marble floors, soaring ceilings,

Last Agent to Sell the Property

Steven Presson

The Corcoran Group License #3135349 Listed on: 03/10/2017

The Corcoran Group

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,524

Year Built

  • Built in 1988

Lot Details

  • Waterfront
  • West Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,571 Sq Ft Home
  • 2-Story Property
  • Dining Room
  • Washer

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Outdoor Pool
  • Balcony
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 46434527080000461

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,524

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 145
  • Subdivision Name: N/A
  • Directions: Woolbright east to A1A, north to Thompson, then left to property
  • Architectural Style: Mediterranean, Two Story
  • Garage Yn: Yes
  • Year Built: 1988
  • Location Tax Legal:Zoned: SFR
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 14523.86
  • Location Tax Legal:Tax Year2: 2016
  • General Property Description:Living Area: 4571.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • General Property Description:Lot Dim (1): 145
  • Floors:Hardwood: Yes
  • Floors:WW Carpeting: Yes
  • Style:Two Story: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Style:Mediterranean: Yes
  • Exposure:West: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Electric, Microwave, Jenn-Aire, Washer
  • Total Bedrooms: 5
  • Flooring: Hardwood, Tile, W/W Carpeting
  • Living Area: 4571.0
  • Window Features: Other
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Jenn-Aire: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Patio/Lanai
  • Roof: Other
  • Exterior Features:Balcony: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached
  • Garage: Yes
  • Garage:_two_ Car: Yes

Utilities

  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 46434527080000461
  • Zoning: SFR

Tax Info

  • Tax Annual Amount: 14523.86
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2020
Sold by
Tomarchio Fredric A and Tomarchio Marcia M
Bought by
Tomarchio Fredric A and Tomarchio Marcia M
Current Estimated Value
$3,954,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,065,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 10, 2017
Closed on
Dec 6, 2017
Sold by
5888 N Ocean Blvd Llc A Flrida Limited
Bought by
Tomarchiio Fredric A and Tomarchiio Marcia M
Seller's Agent
Steven Presson
The Corcoran Group
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$1,550,000
Sold Price
$1,550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.69%
Original Mortgage
$1,100,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 24, 2017
Sold by
Estra Jordan and Estra Amy
Bought by
5888 N Ocean Blvd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
May 11, 1999
Sold by
Unrine Thomas M and Unrine Andrea B
Bought by
Estra Jordan and Estra Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 5, 1997
Sold by
Dufour Christine
Bought by
Unrine Thomas M and Unrine Andrea B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 1997
Sold by
Healy Bernard W and Healy Christine D
Bought by
Dufour Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 1996
Sold by
Weege James F and Weege Mary I
Bought by
Healy Bernard W and Healy Christine D
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
Tomarchio Fredric A -- Nationallink
Tomarchiio Fredric A $1,550,000 Attorney
5888 N Ocean Blvd Llc -- None Available
Estra Jordan $760,000 --
Unrine Thomas M $525,000 --
Dufour Christine $100 --
Healy Bernard W $598,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tomarchio Frederic A $2,400,000
Closed Tomarchio Fredric A $1,065,000
Closed Tomarchiio Fredric A $1,100,000
Previous Owner 5888 N Ocean Blvd Llc $1,500,000
Previous Owner Estra Jordan $938,250
Previous Owner Estra Jordan $938,250
Previous Owner Estra Jordan M $1,200,000
Previous Owner Estra Jordan $100,000
Previous Owner Estra Jordan $966,000
Previous Owner Healy Bernard W $750,000
Previous Owner Healy Bernard W $368,000
Previous Owner Healy Bernard W $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2017 12/06/17 Sold $1,550,000 0.0% $339 / Sq Ft
11/27/2017 11/27/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $1,550,000 -- $339 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $37,437 $1,772,815 -- --
2023 $35,586 $1,611,650 $0 $0
2022 $30,402 $1,465,136 $0 $0
2021 $26,032 $1,331,942 $609,948 $721,994
2020 $26,802 $1,370,427 $588,600 $781,827
2019 $26,087 $1,305,627 $523,800 $781,827
2018 $25,407 $1,320,884 $500,049 $820,835
2017 $14,413 $779,424 $0 $0
2016 $14,524 $763,393 $0 $0
2015 $14,863 $758,086 $0 $0
2014 $14,892 $752,069 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steven Presson

    Seller's Agent in 2017

    Steven Presson

    The Corcoran Group

    (561) 757-0172

    44 in this area

    114 Total Sales

    Section Image

  • N

    Buyer's Agent in 2017

    NON MEMBER

    NON MEMBER FIRM

See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 17-664

APN: 46-43-45-27-08-000-0461

Florida Palm Beach County Boynton Beach 33435

5888 N Ocean Blvd, Boynton Beach, FL

This home is located at 5888 N Ocean Blvd, Boynton Beach, FL 33435 since 10 March 2017 and is currently estimated at $3,976,468, approximately $869 per square foot. This property was built in 1988. 5888 N Ocean Blvd 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.

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