NOT LISTED FOR SALE

5902 Old Ocean Blvd Boynton Beach, FL 33435

Estimated Value: $3,418,000 - $6,275,000

3 Beds
3 Baths
3,063 Sq Ft
$1,495/Sq Ft Est. Value

Last Sold February 19, 2016

Last sale price $2,600,000 $849 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $28,828/month

206 Days on Market

Highlights

  • 55 Feet of Waterfront
  • Outdoor Pool
  • Traditional Architecture
  • Property has ocean access
  • Marble Flooring
  • 5-minute walk to Ocean Ridge Natural Area

About This Home

As of February 2016

If oceanfront living is your dream, live that dream in the fabulous town of Ocean Ridge. This classic 2-story home located along Old Ocean Ridge Blvd is perfect for the discriminating buyer looking for “Old Florida” charm, a privately deeded 50-foot section of ocean front beach property and the amenities expected with a luxury property. Over 3,000 SF with 3-bedrooms/4-baths offers total privacy with the master BR secluded on the second floor that offers spectacular ocean views and moonlit evenings on the open balcony. The master bath features a Roman tub and separate shower.
The lower level is designed for entertaining and comfort with a large living room featuring crown molding and recessed lighting. The entire lower level flooring is comprised of marble and hardwoods that are enhanced and bathed in abundant natural light. The many windows provide wonderful views of the mature garden and beautiful pool area.
The home is extremely energy efficient with solar panels for cooling & heating and features a large, beautifully designed kitchen with marble countertops and extensive custom cabinetry, and of course an informal dining area with direct access to the glass-enclosed patio as well as an adjacent formal dining room for those special guests and times of your life.
Some of the many amenities of this home include a solid tongue-in-groove wood ceiling over the large enclosed patio, a sauna, in-ground swimming pool, two-car garage, access to walking-jogging-biking trails and proximity to some of the best dining and shopping in south Florida's upscale restaurants and shops.

Last Agent to Sell the Property

Steven Presson

The Corcoran Group License #3135349 Listed on: 07/21/2015

The Corcoran Group

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,543

Year Built

  • Built in 1979

Lot Details

  • 0.46 Acre Lot
  • 55 Feet of Waterfront
  • Ocean Front
  • Home has East and West Exposure
  • Back Yard Fenced
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Tile Roof
  • "S" Clay Tile Roof

Interior Spaces

  • 3,063 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Windows
  • Dining Room
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Patio
  • Lanai

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 46434527080060060

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,543

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Lot Size: 108
  • Subdivision Name: N/A
  • Directions: Woolbright east to Old Ocean, north to property
  • Above Grade Finished Sq Ft: 54454.55
  • Architectural Style: Traditional, Two Story
  • Year Built: 1979
  • Location Tax Legal:Zoned: SFR
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 18543.06
  • Location Tax Legal:Tax Year2: 2014
  • General Property Description:Living Area: 3063.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 108
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Style:Two Story: Yes
  • Windows:Sliding: Yes
  • General Property Description:Lot SqFt: 20038
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:East: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Roof:Clay Tile: Yes
  • Exposure:West: Yes
  • General Property Description:Waterfront Ftg: 55.0
  • Waterfront:Ocean-Across Street: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Gas, Microwave, Washer, Dryer
  • Total Bedrooms: 3
  • Flooring: Hardwood, Marble
  • Interior Amenities: Bidet, Cable, Ceiling Fan, Smoke Detectors
  • Living Area: 3063.0
  • Window Features: Sliding
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Bidet: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Pool Features: Pool, Fresh Water
  • Pool Private: Yes
  • Waterfront Features: Ocean-Across Street
  • Waterfront: Yes
  • Construction Type: Frame, Other Construction
  • Exterior Features: Patio/Lanai, Fence-Back Wall, Ocean Access-Deeded, Sprinkler System
  • Roof: Clay Tile
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Construction:Frame: Yes
  • Construction:Other Construction: Yes
  • Exterior Features:Ocean Access-Deeded: Yes

Garage/Parking

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

Utilities

  • Security: No Security
  • Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes
  • Water/Sewer/Septic: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 20038.0
  • Parcel #: 46434527080060060
  • Zoning: SFR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 18543.06
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2018
Sold by
Maguire Patricia and Maguire Steven J
Bought by
Alper Gregg
Total Days on Market
206
Current Estimated Value
$4,578,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,124,000
Outstanding Balance
$1,003,564
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$3,496,436

Purchase Details

Listed on
Jul 21, 2015
Closed on
Feb 19, 2016
Sold by
Fane Herbert
Bought by
Steven J Maguire Revocable Trust
Seller's Agent
Steven Presson
The Corcoran Group
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$2,600,000
Sold Price
$2,600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%

Purchase Details

Closed on
Mar 7, 2001
Sold by
David T Sullivan M and David Rita D
Bought by
Gordon Herbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
7.12%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Alper Gregg $1,405,000 Corporate Title Inc
Steven J Maguire Revocable Trust $2,600,000 Title Partners South Fl Inc
Gordon Herbert $975,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alper Gregg $1,124,000
Previous Owner Gordon Herbert $3,200,000
Previous Owner Gordon Herbert $200,000
Previous Owner Gordon Herbert $75,000
Previous Owner Gordon Herbert $980,000
Previous Owner Gordon Herbert $275,000
Previous Owner Gordon Herbert $227,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2016 02/19/16 Sold $2,600,000 +17233.3% $849 / Sq Ft
02/12/2016 02/12/16 Pending -- -- --
01/15/2016 01/15/16 Rented $15,000 -99.4% --
12/16/2015 12/16/15 Under Contract -- -- --
07/21/2015 07/21/15 For Sale $2,600,000 0.0% $849 / Sq Ft
06/30/2015 06/30/15 For Rent $18,500 -72.6% --
12/05/2014 12/05/14 Rented $67,500 +350.0% --
12/05/2014 12/05/14 For Rent $15,000 -77.8% --
01/07/2014 01/07/14 Rented $67,500 0.0% --
12/08/2013 12/08/13 Under Contract -- -- --
08/20/2013 08/20/13 For Rent $67,500 -- --
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 $37,533 $2,090,860 -- --
2023 $36,704 $2,029,961 $0 $0
2022 $36,575 $1,968,855 $0 $0
2021 $36,483 $1,911,510 $0 $0
2020 $36,006 $1,885,118 $0 $0
2019 $35,933 $1,842,735 $0 $0
2018 $33,928 $1,808,376 $0 $0
2017 $42,089 $2,172,739 $1,917,999 $254,740
2016 $45,220 $2,266,940 $0 $0
2015 $18,506 $935,921 $0 $0
2014 $18,543 $928,493 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 15-1495

APN: 46-43-45-27-08-006-0060