NOT LISTED FOR SALE

720 E Ocean Ave Unit 4040 Boynton Beach, FL 33435

Downtown Boynton Neighborhood

Estimated Value: $178,213 - $242,000

1 Bed
1 Bath
760 Sq Ft
3.56 Acres Lot

Sale Details

Date Sold: December 21, 2018

Last sale price $120,000 $158 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,507 / mo

39 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Carpet
  • Pool View
  • Central Heating and Cooling System

About This Home

As of December 2018

Perfect one bedroom, one bathroom condo located within walking distance to the beach, waterfront restaurants, & marina. Gated community w an elevator.

Last Agent to Sell the Property

Laura Hilton

Charles Rutenberg Realty Orlan License #0707239 Listed on: 10/15/2018

Charles Rutenberg Realty Orlan

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,732

Year Built

  • Built in 1974

Lot Details

  • 3.56

HOA Fees

  • $312 Monthly HOA Fees

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 760 Sq Ft Home
  • Carpet
  • Pool Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 08434527450014040

Community Details

Overview

  • Coastal Towers Condos
  • Coastal Towers Condo Subdivision
  • 5-Story Property

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,732

Year Built

Built in 1974

Lot Details

3.56 Acres

HOA Fees

$312 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Directions: to Ocean Ave
  • Entry Level: 4
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: COASTAL TOWERS CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Interior Amenities: Elevator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet
  • Furnished: Unfurnished
  • Living Area: 760
  • Other Equipment: No Equipment
  • Possible Use: Primary
  • Stories: 5
  • Bedroom Features: None

Exterior Features

  • View: Pool Area View
  • Exterior Features: None
  • Construction Type: Other
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Coastal Towers
  • Parking Features: Other

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Phone Entry

Condo/Co-op/Association

  • Association Fee: 312
  • Amenities: Clubhouse-Clubroom, Elevator(s), Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 08434527450014040
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1732

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2018
Closed on
Dec 17, 2018
Sold by
U S Bank Na
Bought by
Miller Andrew J
Seller's Agent
Laura Hilton
Charles Rutenberg Realty Orlan
List Price
$128,900
Sold Price
$120,000
Premium/Discount to List
-$8,900
-6.9%
Current Estimated Value
$203,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,303
Avg. Annual Appreciation
7.44%
Original Mortgage
$96,000
Outstanding Balance
$84,419
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$118,884

Purchase Details

Closed on
Sep 13, 2018
Sold by
Knott Edward Jeffrey
Bought by
Us Bank Ational Association As Legal

Purchase Details

Closed on
Dec 15, 2011
Sold by
Knott Edward Jeffrey and Coastqal Towers Condominium Ap
Bought by
Bouaziz Daniel

Purchase Details

Closed on
Sep 15, 2004
Sold by
Scott Jeffrey L
Bought by
Knott Edward Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2002
Sold by
Spiller Verdun O
Bought by
Scott Jeffrey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Miller Andrew J $120,000 Shore To Shore Title Llc
Us Bank Ational Association As Legal $72,100 None Available
Bouaziz Daniel $8,900 None Available
Knott Edward Jeffrey $152,000 Southeastern Alliance Title
Scott Jeffrey L $75,000 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Andrew J $96,000
Previous Owner Knott Edward Jeffrey $152,000
Previous Owner Scott Jeffrey L $60,000
Closed Scott Jeffrey L $11,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2018 12/21/18 Sold $120,000 -6.9% $158 / Sq Ft
11/19/2018 11/19/18 Pending -- -- --
10/16/2018 10/16/18 For Sale $128,900 +7.4% $170 / Sq Ft
10/14/2018 10/14/18 Off Market $120,000 -- --
10/11/2018 10/11/18 For Sale $128,900 -- $170 / Sq Ft
Source: MIAMI REALTORS® MLS

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
2025 $1,499 $107,307 -- --
2024 $1,499 $104,283 -- --
2023 $1,422 $101,246 $0 $0
2022 $1,380 $98,297 $0 $0
2021 $1,352 $95,434 $0 $0
2020 $1,334 $94,116 $0 $0
2019 $1,305 $92,000 $0 $92,000
2018 $1,872 $81,000 $0 $81,000
2017 $1,732 $72,000 $0 $0
2016 $1,594 $64,000 $0 $0
2015 $1,745 $69,000 $0 $0
2014 $1,723 $64,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Laura Hilton

    Charles Rutenberg Realty Orlan

    (407) 622-2122

    27 Total Sales

    Laura Hilton
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10554534

MIAMI REALTORS® MLS

APN: 08-43-45-27-45-001-4040

Florida Palm Beach County Boynton Beach 33435 Downtown Boynton

720 E Ocean Ave Unit 4040, Boynton Beach, FL

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MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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