Property Detail

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 Information

Owner(s)	Mailing Address
ARAKELIAN HOVSEP K & ARAKELIAN SHANT	5505 N OCEAN BLVD APT 2-202 BOYNTON BEACH FL 33435 7098

Sales Information

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

Exemption Information

Applicant/Owner(s)	Year	Detail
ARAKELIAN HOVSEP K &	2025	ADDITIONAL HOMESTEAD
ARAKELIAN HOVSEP K &	2025	HOMESTEAD
ARAKELIAN HOVSEP K &	2025	QUALIFIED EXEMPTION

Appraisals

Tax Year	2025	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

Assessed and Taxable Values

Tax Year	2025	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

Taxes

Tax Year	2025	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

Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov