$195,000
SOLD DEC 6, 2022

1500 Presidential Way Unit 5050 West Palm Beach, FL 33401

Banyan Cay Neighborhood
2 Beds
2 Baths
996 Sq Ft
$595/mo HOA Fee

Recently Sold

$196 Per Sq Ft

7% Below List Price

127 Days on Market

Highlights

  • Gated Community
  • Great Room
  • Ceramic Tile Flooring
  • Furnished
  • Elevator
  • Central Heating and Cooling System

About This Home

As of December 2022

Gorgeous 2/2 fully renovated condo with a BRAND NEW A/C amazing view being offered FULLY FURNISHED with Stainless Steel Appliances!!! Palm Beach Outlets with bars restaurants and shopping nearby. Near the beach, Cityplace, Clematis Street and everything you need! Won't last long, The photos don't do it justice!!! All measurements are estimates!

Last Agent to Sell the Property

James Blanchard

LPT Realty, LLC License #3468541 Listed on: 07/31/2022

LPT Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,141

Year Built

  • Built in 1972

HOA Fees

  • $595 Monthly HOA Fees

Interior Spaces

  • 996 Sq Ft Home
  • Furnished
  • Great Room
  • Ceramic Tile Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 74434317110015050

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, sewer, trash, water
  • Yorktown Condo Subdivision
  • 8-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,141

Year Built

Built in 1972

Lot Details

0

HOA Fees

$595 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Take I-95 to Palm Beach Lakes East, take left on Congress Ave then a right onto Presidential Way. Building is on the right.
  • Year Built: 1972
  • Entry Level: 5
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Appliances: Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Tile
  • Living Area: 996.0
  • Dining Room Type: Great Room
  • Stories: 8

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 595.0
  • Community Features: Gated
  • Senior Community: No
  • Amenities: Laundry, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Sewer, Trash, Water

Lot Info

  • Parcel #: 74434317110015050
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2141.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2022
Closed on
Dec 6, 2022
Sold by
Schaefer Colin Thomas and Schaefer Amanda Mayer
Bought by
Denis Roger and Denis Margarett
Seller's Agent
James Blanchard
LPT Realty, LLC
List Price
$210,000
Sold Price
$195,000
Premium/Discount to List
-$15,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$185,250
Outstanding Balance
$180,603
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$56,069

Purchase Details

Listed on
Apr 15, 2019
Closed on
Jun 10, 2019
Sold by
Rizzo Snjezana
Bought by
Schaefer Colin Thomas and Schaefer Amanda Mayer
Seller's Agent
Barry Gutknecht
Compass Florida LLC (PB)
Buyer's Agent
Matthew Yost
DJ & Lindsey Real Estate
List Price
$96,500
Sold Price
$92,500
Premium/Discount to List
-$4,000
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.98%
Original Mortgage
$69,375
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 23, 2014
Closed on
Mar 24, 2015
Sold by
Orange County Mortgage Inc
Bought by
Rizzo Snjezana
Seller's Agent
Michael Habicht
Scuttina Signature Real Estate Group, LLC
Buyer's Agent
Becky Bale
Illustrated Properties
List Price
$89,000
Sold Price
$77,000
Premium/Discount to List
-$12,000
-13.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.42%

Purchase Details

Listed on
Aug 16, 2012
Closed on
Sep 18, 2012
Sold by
Wells Fargo Bank Na
Bought by
Orange County Mortgage Inc
Seller's Agent
Keith Bettenhausen
W1 Real Estate Inc
Buyer's Agent
Keith Bettenhausen
W1 Real Estate Inc
List Price
$49,900
Sold Price
$46,000
Premium/Discount to List
-$3,900
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.40%

Purchase Details

Closed on
Jul 24, 2012
Sold by
Marino Lily and Marino Edgar
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 30, 2004
Sold by
Bennette Richard D and Bennette Barbara
Bought by
Marino Edgar and Marino Lily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2003
Sold by
Clark Holding Co
Bought by
Bennette Richard D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
5.95%
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 Type Sale Price Title Company
Warranty Deed $195,000 --
Warranty Deed $92,500 Producers Title Llc
Warranty Deed $77,000 Trident Title Llc
Corporate Deed $46,000 Buyers Title Inc
Trustee Deed -- None Available
Warranty Deed $95,000 Sunbelt Title Agency
Warranty Deed $65,000 Southeast Guaranty & Title I
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $185,250 New Conventional
Previous Owner $69,375 New Conventional
Previous Owner $85,500 Purchase Money Mortgage
Previous Owner $52,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2025 04/21/25 For Sale $242,999 +24.6% $244 / Sq Ft
12/06/2022 12/06/22 Sold $195,000 -7.1% $196 / Sq Ft
07/31/2022 07/31/22 For Sale $210,000 +127.0% $211 / Sq Ft
06/17/2019 06/17/19 Sold $92,500 -4.1% $93 / Sq Ft
05/18/2019 05/18/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $96,500 0.0% $97 / Sq Ft
12/01/2017 12/01/17 Rented $1,275 -1.9% --
11/01/2017 11/01/17 Under Contract -- -- --
10/10/2017 10/10/17 For Rent $1,300 +15.6% --
08/01/2015 08/01/15 Rented $1,125 -98.5% --
07/02/2015 07/02/15 Under Contract -- -- --
03/24/2015 03/24/15 Sold $77,000 0.0% $77 / Sq Ft
03/24/2015 03/24/15 For Rent $1,200 0.0% --
02/22/2015 02/22/15 Pending -- -- --
09/23/2014 09/23/14 For Sale $89,000 0.0% $89 / Sq Ft
09/17/2013 09/17/13 Rented $900 -5.2% --
08/18/2013 08/18/13 Under Contract -- -- --
08/01/2013 08/01/13 For Rent $949 +6.0% --
01/24/2013 01/24/13 Rented $895 -14.8% --
12/25/2012 12/25/12 Under Contract -- -- --
10/18/2012 10/18/12 For Rent $1,050 0.0% --
10/10/2012 10/10/12 Sold $46,000 -7.8% $46 / Sq Ft
09/10/2012 09/10/12 Pending -- -- --
08/16/2012 08/16/12 For Sale $49,900 -- $50 / 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 $3,520 $162,000 -- --
2023 $3,335 $152,000 $0 $152,000
2022 $2,363 $95,590 $0 $0
2021 $2,141 $95,000 $0 $95,000
2020 $1,931 $79,000 $0 $79,000
2019 $1,832 $76,000 $0 $76,000
2018 $1,576 $66,000 $0 $66,000
2017 $1,572 $66,000 $0 $0
2016 $1,804 $75,000 $0 $0
2015 $1,434 $56,870 $0 $0
2014 $1,399 $51,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10821099

BeachesMLS

APN: 74-43-43-17-11-001-5050