| Location Address | 5505 N OCEAN BLVD 3-202 |
| Municipality | OCEAN RIDGE |
| Parcel Control Number | 46-43-45-34-38-010-2020 |
| Subdivision | COLONIAL RIDGE CORP 5505 N OCEAN BLVD OCEAN RIDGE FL |
| Official Records Book/Page | 26423 / 348 |
| Sale Date | 10/24/2013 |
| Legal Description | COLONIAL RIDGE CORP WILLIAMSBURG APT 202 |
| Owner(s) | Mailing Address | |||
|---|---|---|---|---|
|
ARAKELIAN HOVSEP K & ARAKELIAN SHANT |
5505 N OCEAN BLVD APT 2-202
BOYNTON BEACH FL 33435 7098 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 10/24/2013 | $70,000 | 26423 / 00348 | PRIOR LEASE-COOP | ARAKELIAN HOVSEP K & |
| 11/19/2009 | $70,000 | 23617 / 01928 | PRIOR LEASE-COOP | ABRASZEWSKI ANDRZEJ |
| 07/01/1988 | $43,300 | 05778 / 01360 | PRIOR LEASE-COOP |
NOTE: Sales do not generally appear in the PAPA database until approximately 1 to 3 weeks after the closing date.
If a recent sale does not show up in this list, please allow more time for the sale record to be processed.
- Save Our Homes (SOH) Base Year : 2014
- Exemption Year : 2025
| Applicant/Owner(s) | Year | Detail | ||
|---|---|---|---|---|
| ARAKELIAN HOVSEP K & | 2025 | ADDITIONAL HOMESTEAD | ||
| ARAKELIAN HOVSEP K & | 2025 | HOMESTEAD | ||
| ARAKELIAN HOVSEP K & | 2025 | QUALIFIED EXEMPTION |
SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1
| Code Description | square Footage |
|---|---|
| BAS Base Area | 639 |
| FEP Finished Enclosed Porch | 45 |
| Total Square Footage | 684 |
| Area Under Air | 639 |
| Number of Units | 1 |
| Total Square Feet* | 626 |
| Acres | |
| Property Use Code | 0510—COOPERATIVE |
| Zoning | RMM—MEDIUM DENSITY MULTI-FAMILY (46-OCEAN RIDGE) |
Request Structural Details Change
*May indicate living area in residential properties.
Structural Element
for Building 1
| Name | COLONIAL RIDGE CORP |
| Area | 626 |
| Year Built | 1969 |
| No of Bedroom(s) | 1 |
| No of Bath(s) | 1 |
| No of Half Bath(s) | |
| Exterior Wall 1 | MSY: CB STUCCO |
| Air Condition DESC | HTG & AC |
| Heat Type | FORCED AIR DUCT |
| Exterior Wall 2 | NONE |
| Roof Structure | WOOD TRUSS |
| Roof Cover | CONCRETE TILE |
| Interior Wall 1 | DRYWALL |
| Interior Wall 2 | N/A |
| Floor Type 1 | CARPETING |
| Floor Type 2 | CERAMIC/QUARRY TILE |
| Stories | 1 |
Sketch
for Building 1
Property Extra Features
| Description | Year Built | Units |
|---|---|---|
| Finished Encl. Porch | 1980 | 45 |
Property Land Details
|
No Land Details Available |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Improvement Value | $163,358 | $155,316 | $147,320 | $87,920 | $81,325 |
| Land Value | $0 | $0 | $0 | $0 | $0 |
| Total Market Value | $163,358 | $155,316 | $147,320 | $87,920 | $81,325 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $163,358 | $155,316 | $147,320 | $87,920 | $81,325 | $93,330 | $93,630 | $113,630 | $125,000 | $76,000 |
| Land Value | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Market Value | $163,358 | $155,316 | $147,320 | $87,920 | $81,325 | $93,330 | $93,630 | $113,630 | $125,000 | $76,000 |
P = Preliminary
All values are as of January 1st each year
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assessed Value | $76,207 | $74,059 | $71,902 | $69,808 | $67,775 |
| Exemption Amount | $55,722 | $54,059 | $51,902 | $45,308 | $43,275 |
| Taxable Value | $20,485 | $20,000 | $20,000 | $24,500 | $24,500 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $76,207 | $74,059 | $71,902 | $69,808 | $67,775 | $66,839 | $65,336 | $64,118 | $62,182 | $60,903 |
| Exemption Amount | $55722 | $54059 | $51902 | $45308 | $43275 | $42339 | $40836 | $39618 | $37682 | $36403 |
| Taxable Value | $20,485 | $20,000 | $20,000 | $24,500 | $24,500 | $24,500 | $24,500 | $24,500 | $24,500 | $24,500 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| AD VALOREM | $536 | $516 | $509 | $592 | $598 |
| NON AD VALOREM | $116 | $107 | $103 | $100 | $96 |
| TOTAL TAX | $652 | $623 | $612 | $692 | $694 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $536 | $516 | $509 | $592 | $598 | $594 | $591 | $561 | $555 | $564 |
| NON AD VALOREM | $116 | $107 | $103 | $100 | $96 | $95 | $97 | $98 | $98 | $97 |
| TOTAL TAX | $652 | $623 | $612 | $692 | $694 | $689 | $688 | $659 | $653 | $661 |
BUYERS TAKE NOTE: Taxes will change and often increase substantially when a property sells. The seller’s exemption benefits will GO AWAY the year after they sell and this may result in higher taxes for a buyer. Please use the Property Tax Calculator to get a better annual tax estimate if you are purchasing this property.
