$736,000
SOLD DEC 29, 2016

5900 Old Ocean Blvd Unit B2 Boynton Beach, FL 33435

2 Beds
2 Baths
1,778 Sq Ft
$1,087/mo HOA Fee

Recently Sold

$414 Per Sq Ft

286 Days on Market

Highlights

  • Ocean Front
  • Outdoor Pool
  • Balcony
  • Tennis Courts
  • Wood Flooring
  • Hurricane or Storm Shutters

About This Home

As of December 2016

It's all about the beach!


Stunning direct ocean and pool views from this ocean front residence in The Villas of Ocean Ridge. The generous living area opens up to a large balcony for outdoor entertaining. The interior of the home features wood floors, custom kitchen cabinetry with onyx counter tops and stainless appliances, and remodeled baths with marble stone, dual vanities, frameless shower door and new fixtures. Special to this unit is garage parking within the building. Miles of amazing beaches beckon you to the great outdoors just steps from your door.

Exuding casual elegance, the intimate Villas of Ocean Ridge have every amenity. Deeded beach access, a heated pool, a newly resurfaced tennis court, exercise room with sauna and a library with meeting room - all perfect for getting to know your neighbors. You can even lease your unit and have a small pet.

Last Agent to Sell the Property

LAURA GALLAGHER

THE FITE GROUP (Delray) Listed on: 02/18/2016

Co-Listed By

THERESA BERMAN

THE FITE GROUP (Delray)

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $12,486

Year Built

  • Built in 1975

Lot Details

  • Ocean Front
  • West Facing Home

HOA Fees

  • $1,087 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,778 Sq Ft Home
  • 3-Story Property
  • Dining Area
  • Direct Ocean Views
  • Hurricane or Storm Shutters

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 46434527480000022

Community Details

Overview

  • Association fees include insurance, common area, maintenance exterior
  • 28 Units
  • On-Site Maintenance

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$12,486

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,087 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: North of Woolbright Road on A1A east side of street.
  • Building Name: N/A
  • Year Built: 1975
  • Location Tax Legal:Name of Building: N/A
  • Location Tax Legal:Zoned: 0400
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 12486.0
  • Location Tax Legal:Tax Year2: 2016
  • General Property Description:Living Area: 1778.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 1087.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 28
  • General Property Description:_pound_ Floors: 3.0
  • Waterfront-Building:Ocean - Direct: 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
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Floors:Hardwood: Yes
  • Pets:Pets Allowed: Yes
  • Exposure of Unit:West2: Yes
  • Floors:StoneBrick: Yes
  • Waterfront-Unit:Ocean- Across Street2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Hardwood, Stone/Brick
  • Interior Amenities: Wndw Trmnts Included
  • Living Area: 1778.0
  • Stories: 3
  • Interior Features:Wndw Trmnts Included: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

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

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:_one_ Car2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: No Security
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Common Area, Maintenance Exterior

Lot Info

  • Development Status: Land Owned
  • Parcel #: 46434527480000022
  • Zoning: 0400

Multi Family

  • Number Of Units Total: 28
  • Maintenance Expense: 1087.0

Tax Info

  • Tax Annual Amount: 12486.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2016
Closed on
Dec 14, 2016
Sold by
Coath John Douglas
Bought by
Zivalich Anthony J and Zivalich Elizabeth
Seller's Agent
LAURA GALLAGHER
THE FITE GROUP (Delray)
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$736,000
Sold Price
$736,000
Current Estimated Value
$1,437,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$701,600
Avg. Annual Appreciation
8.60%

Purchase Details

Listed on
Jan 19, 2015
Closed on
Mar 12, 2015
Sold by
Foster James E and Foster Suzanne K
Bought by
Coath John Douglas and John Douglas Coath Jr Revocable Trust
Seller's Agent
Suzanne Foster
Lenson Realty Inc.
Buyer's Agent
Suzanne Foster
Lenson Realty Inc.
List Price
$835,000
Sold Price
$810,000
Premium/Discount to List
-$25,000
-2.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.30%

Purchase Details

Closed on
Jul 14, 1999
Sold by
Mackenzie Barbara
Bought by
Foster James E and Foster Suzanne K

Purchase Details

Closed on
Mar 8, 1994
Sold by
Hansen Edith Chapman
Bought by
Mackenzie Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.96%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $736,000 M & M Title Llc
Warranty Deed $810,000 None Available
Warranty Deed $240,000 --
Warranty Deed $220,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $25,000 Credit Line Revolving
Previous Owner $361,880 Unknown
Previous Owner $355,040 Unknown
Previous Owner $85,000 Credit Line Revolving
Previous Owner $40,000 Credit Line Revolving
Previous Owner $183,000 Unknown
Previous Owner $30,000 Stand Alone Second
Previous Owner $155,000 New Conventional
Previous Owner $140,000 New Conventional
Previous Owner $120,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2020 05/20/20 Rented $7,200 0.0% --
04/20/2020 04/20/20 Under Contract -- -- --
03/28/2020 03/28/20 For Rent $7,200 +10.8% --
03/30/2017 03/30/17 Rented $6,500 +30.0% --
02/28/2017 02/28/17 Under Contract -- -- --
02/10/2017 02/10/17 For Rent $5,000 0.0% --
12/29/2016 12/29/16 Sold $736,000 0.0% $414 / Sq Ft
11/30/2016 11/30/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $736,000 -9.1% $414 / Sq Ft
03/27/2015 03/27/15 Sold $810,000 -3.0% $455 / Sq Ft
02/25/2015 02/25/15 Pending -- -- --
01/19/2015 01/19/15 For Sale $835,000 -- $469 / 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 $18,871 $966,306 -- --
2023 $16,863 $878,460 $0 $0
2022 $16,273 $798,600 $0 $0
2021 $14,285 $740,000 $0 $740,000
2020 $12,919 $660,000 $0 $660,000
2019 $12,800 $640,000 $0 $640,000
2018 $12,323 $640,000 $0 $640,000
2017 $11,866 $610,000 $0 $0
2016 $12,486 $665,000 $0 $0
2015 $4,973 $278,854 $0 $0
2014 $4,980 $276,641 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 16-436

APN: 46-43-45-27-48-000-0022