NOT LISTED FOR SALE

5900 Old Ocean Blvd Unit B7 Boynton Beach, FL 33435

Estimated Value: $1,332,736 - $1,627,000

2 Beds
2 Baths
1,778 Sq Ft
$1,235/mo HOA Fee

Last Sold September 30, 2020

Last sale price $985,000 $554 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $10,689/month

46 Days on Market

Highlights

  • Ocean Front
  • 137,988 Sq Ft lot
  • Jettted Tub and Separate Shower in Primary Bathroom
  • Fitness Center
  • Marble Flooring
  • Furnished

About This Home

As of September 2020

''Life's a Beach'' in this stunning 2 BR/2BA ocean front residence in the charming and highly desirable town of Ocean Ridge. From the moment you enter you will realize you are in a very special residence. Recently updated by its current owner and enhanced by sweeping ocean views from EVERY window. The expansive open marbled floor plan flows beautifully from the elegant foyer through the main living areas and onto the private balcony facing the ocean. Featuring new carpeting and wood flooring in the bedrooms, custom kitchen cabinetry with granite counter tops, top of the line stainless appliances and newly remodeled baths with marble vanities and new custom lighting throughout. Special to this unit is deeded garage parking under the building with carport parking nearby.

Last Agent to Sell the Property

Theresa Berman

William Raveis Real Estate License #3017205 Listed on: 07/15/2020

William Raveis Real Estate

Co-Listed By

Laura Gallagher

William Raveis Real Estate License #660232

Last Buyer's Agent

Carolyn Cassidy

The Corcoran Group License #3406925

The Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,167

Year Built

  • Built in 1975

Lot Details

  • 3.17

HOA Fees

  • $1,235 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Guest Parking
  • Deeded Parking

Home Design

  • Entry on the 2nd floor
  • Concrete Roof

Interior Spaces

  • 1,778 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Single Hung Metal Windows
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Ocean Views
  • Home Security System

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available
  • TV Antenna

Additional Features

  • Property has ocean access
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 46434527480000072

Community Details

Overview

  • Association fees include management, common areas, insurance, ground maintenance, maintenance structure, pest control, pool(s), reserve fund, roof, sewer, trash, water
  • 26 Units
  • Villas Of Ocean Ridge Con Subdivision

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Trails

Security

  • Resident Manager or Management On Site
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,167

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,235 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: A1A just north of Woolbright on beachside
  • Year Built: 1975
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Dual Sinks, Entrance Foyer, Elevator, Jetted Tub, Living/Dining Room, Pantry, Separate Shower, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Marble, Wood
  • Living Area: 1778.0
  • Dining Room Type: Laundry
  • Stories: 2
  • Window Features: Drapes, Impact Glass, Metal, Single Hung, Sliding

Exterior Features

  • Exterior Features: TV Antenna
  • View: Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Covered, Deeded, Detached, Garage, Guest, Two or More Spaces

Utilities

  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1235.0
  • Community Features: Non-Gated, Property Manager On-Site, Pool, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Amenities: Fitness Center, Management, Pool, Storage, Tennis Court(s), Trail(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Reserve Fund, Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 46434527480000072
  • Lot Size Sq Ft: 137988.0
  • Zoning Description: RMM(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 9167.0

Multi Family

  • Number Of Units In Community: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Sep 29, 2020
Sold by
Grazioso Deborah Pankanin and Grazioso Deborah Pankanin
Bought by
Wolf Lisa
Seller's Agent
Theresa Berman
William Raveis Real Estate
Buyer's Agent
Carolyn Cassidy
The Corcoran Group
List Price
$1,149,000
Sold Price
$985,000
Premium/Discount to List
-$164,000
-14.27%
Current Estimated Value
$1,480,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,434
Avg. Annual Appreciation
8.40%

Purchase Details

Listed on
Jul 15, 2020
Closed on
Sep 18, 2020
Sold by
Grazioso Deborah Pankanin and The Pankann Residence Trust
Bought by
Grazioso Deborah Pankanin and Grazioso Deborah Pankanin
Seller's Agent
Theresa Berman
William Raveis Real Estate
Buyer's Agent
Carolyn Cassidy
The Corcoran Group
List Price
$1,149,000
Sold Price
$985,000
Premium/Discount to List
-$164,000
-14.27%

Purchase Details

Closed on
Dec 11, 2006
Sold by
Grazioso Debbie
Bought by
Grazioso Deborah Pankanin and The Pankanin Residence Trust

Purchase Details

Closed on
Oct 11, 2005
Sold by
Tocci Robert and Tocci Stephanie
Bought by
Grazioso Debbie

Purchase Details

Closed on
Apr 25, 2002
Sold by
Ingham Grant W and Ingham Joanne D W
Bought by
Tocci Robert and Tocci Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.86%

Purchase Details

Closed on
Apr 28, 2000
Sold by
Vogt Tom B
Bought by
Ingham Grant W and Ingham Joanne D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 1994
Sold by
Grimstad Anna J
Bought by
Vogt Thomas B
Source: Public Records

Range of Values:

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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
Wolf Lisa $935,000 Attorney
Grazioso Deborah Pankanin -- Accommodation
Grazioso Deborah Pankanin -- Attorney
Grazioso Debbie $985,000 Southeastern Alliance Title
Tocci Robert $500,000 Fidelity National Title Ins
Ingham Grant W $270,000 --
Vogt Thomas B $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tocci Robert $300,000
Previous Owner Ingham Grant W $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $985,000 -14.3% $554 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $1,149,000 -- $646 / 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 $19,536 $1,011,560 -- --
2023 $17,492 $919,600 $0 $0
2022 $16,876 $836,000 $0 $0
2021 $14,848 $760,000 $0 $760,000
2020 $9,288 $514,088 $0 $0
2019 $9,258 $502,530 $0 $0
2018 $8,728 $493,160 $0 $0
2017 $8,621 $483,017 $0 $0
2016 $8,682 $473,082 $0 $0
2015 $8,885 $469,793 $0 $0
2014 $8,899 $466,064 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Theresa Berman

    William Raveis Real Estate

    (561) 445-2929

    65 Total Sales

    Theresa Berman
    Section Image
  • Laura Gallagher

    Seller Co-Listing Agent in 2020

    Laura Gallagher

    William Raveis Real Estate

    (561) 441-6111

    56 Total Sales

    Laura Gallagher
    Section Image

  • C

    Buyer's Agent in 2020

    Carolyn Cassidy

    The Corcoran Group

    (914) 441-2851

    7 in this area

    14 Total Sales

    Carolyn Cassidy
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10639003

BeachesMLS

APN: 46-43-45-27-48-000-0072

Florida Palm Beach County Boynton Beach 33435

5900 Old Ocean Blvd Unit B7, Boynton Beach, FL

This home is located at 5900 Old Ocean Blvd Unit B7, Boynton Beach, FL 33435 since 15 July 2020 and is currently estimated at $1,480,434, approximately $832 per square foot. This property was built in 1975. 5900 Old Ocean Blvd Unit B7 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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