NOT LISTED FOR SALE

5900 Old Ocean Blvd Unit B1 Boynton Beach, FL 33435

Estimated Value: $1,250,419 - $1,519,000

3 Beds
2 Baths
1,629 Sq Ft
$863/Sq Ft Est. Value

Last Sold July 13, 2020

Last sale price $875,000 $537 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $10,045/month

67 Days on Market

Highlights

  • Direct Ocean View
  • Property fronts an intracoastal waterway
  • Outdoor Pool
  • Property has ocean access
  • Tennis Courts
  • Marble Flooring

About This Home

As of July 2020

Gorgeous ocean view from this lovely 3 bedroom 2 bath condominium offering 1,629 total sq ft of tropical living. The unit comes fully furnished and features a beautiful kitchen, open floor plan, and tile flooring. Located in the beautiful Villas of Ocean Ridge in the town of Ocean Ridge assuring your privacy, security and peace of mind. This prestigious community is complete with a deeded beach access, salted & heated pool, tennis court, and a library with meeting room, perfect for getting to know your neighbors. 4 miles to Delray Beach the top Florida destination city, about 15 minutes to Worth Avenue in Palm Beach, 15 minute to Palm Beach International Airport and minute to highway 95 and the Florida Turnpike.

Last Agent to Sell the Property

Steven Presson

The Corcoran Group License #3135349 Listed on: 03/20/2020

The Corcoran Group

Co-Listed By

John Lipscomb

The Corcoran Group License #SL-3388259

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $11,295

Year Built

  • Built in 1975

Lot Details

  • Property fronts an intracoastal waterway
  • East Facing Home

HOA Fees

  • $1,132 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 1,629 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Window Treatments
  • Dining Area
  • Marble Flooring
  • Direct Ocean Views

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Intercom
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Tennis Courts
  • Balcony

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 46434527480000012

Community Details

Overview

  • Association fees include insurance, common area, sewer, water
  • 26 Units
  • Villas Of Ocean Community

Amenities

  • Common Area

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$11,295

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,132 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: North Ocean Blvd (A1A) oceanside, just north of Woolbright Road
  • Building Name: Villas of Ocean
  • Year Built: 1975
  • Location Tax Legal:Name of Building: Villas of Ocean
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 11295.4
  • Location Tax Legal:Tax Year2: 2019
  • General Property Description:Living Area: 1629.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 1132.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 26
  • General Property Description:_pound_ Floors: 3.0
  • Waterfront-Building:ICW-Across Street: Yes
  • Waterfront-Building:Ocean - Direct: Yes
  • Waterfront-Unit:Living Room View: Yes
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Floors:Marble: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 3
  • Flooring: Marble
  • Interior Amenities: Ceiling Fan, Intercom, Wndw Trmnts Included, Smoke Alarms
  • Living Area: 1629.0
  • Stories: 3
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Intercom: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Ocean Access- Deeded, Tennis Court - Hard
  • Exterior Features:Balcony: Yes
  • Exterior Features:Tennis Court - Hard: Yes
  • Exterior Features:Ocean Access-Deeded: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:Other2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Other Security
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Common Area, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 46434527480000012
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 26
  • Maintenance Expense: 1132.0

Tax Info

  • Tax Annual Amount: 11295.4
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2020
Closed on
Jul 1, 2020
Sold by
Clifton Wayne and Clifton Maryann
Bought by
Hajjar Judy A and The Hajjar Unit 803 Land Trust
Seller's Agent
Steven Presson
The Corcoran Group
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$875,000
Sold Price
$875,000
Total Days on Market
67
Current Estimated Value
$1,405,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$530,105
Avg. Annual Appreciation
10.15%

Purchase Details

Closed on
Jun 30, 2011
Sold by
Spoto Vivian P
Bought by
Clifton Wayne and Clifton Maryann

Purchase Details

Closed on
May 19, 2006
Sold by
Sumen Jane
Bought by
Kercsmar Daniel and Spoto Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.39%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 20, 2001
Sold by
William J Smallwood I
Bought by
Sumen Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,920
Interest Rate
7.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 1999
Sold by
Isabelle S Church Tr and Alden F Church Tr
Bought by
Smallwood William J and Smallwood Anne M
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
Hajjar Judy A $875,000 Attorney
Clifton Wayne $485,000 Attorney
Kercsmar Daniel $690,360 Attorney
Sumen Jane $269,900 --
Smallwood William J $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kercsmar Daniel $650,000
Previous Owner Kercsmar Daniel $150,000
Previous Owner Kercsmar Daniel $450,000
Previous Owner Sumen Jane $217,000
Previous Owner Sumen Jane $374,000
Previous Owner Smallwood William J $215,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2020 07/13/20 Sold $875,000 0.0% $537 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $875,000 -- $537 / 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 $12,294 $710,273 -- --
2023 $12,008 $689,585 $0 $0
2022 $11,959 $669,500 $0 $0
2021 $11,914 $650,000 $0 $650,000
2020 $11,754 $600,000 $0 $600,000
2019 $11,410 $570,000 $0 $570,000
2018 $10,986 $570,000 $0 $570,000
2017 $10,226 $525,000 $0 $0
2016 $10,308 $502,150 $0 $0
2015 $9,588 $456,500 $0 $0
2014 $8,687 $415,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 20-545

APN: 46-43-45-27-48-000-0012