$200,000
SOLD APR 1, 2025

1500 Presidential Way Unit 7020 West Palm Beach, FL 33401

Banyan Cay Neighborhood
2 Beds
2 Baths
996 Sq Ft
$815/mo HOA Fee

Recently Sold

$201 Per Sq Ft

13% Below List Price

93 Days on Market

Highlights

  • Fitness Center
  • Lake View
  • Tennis Courts
  • Gated Community
  • Great Room
  • Elevator

About This Home

As of April 2025

Step into this bright, airy 2-bedroom, 2-bathroom condo with building security, where every detail has been carefully crafted to offer style and comfort! Picture yourself unwinding with peaceful golf course views from your private balcony, soaking in endless sunshine, and enjoying gentle afternoon breezes. Inside, you'll love the freshly renovated interiors - no more popcorn ceilings! The kitchen is a dream, featuring soft-close cabinets, sleek stainless steel appliances, and sparkling quartz countertops, perfect for whipping up meals or gathering with friends. Both bathrooms have been beautifully redone, with the master boasting quartz countertops and the guest bath featuring an expanded shower. Located right across from Palm Beach Outlets, Whole Foods, Target, and minutes from

Last Agent to Sell the Property

Marcello Fabbri

Concierge Properties LLC License #3406521 Listed on: 11/13/2024

Last Buyer's Agent

Betty Kimbrew

Seawinds Realty License #3529330

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,162

Year Built

  • Built in 1972

HOA Fees

  • $815 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Property Views

  • Lake
  • Golf Course

Interior Spaces

  • 996 Sq Ft Home
  • Ceiling Fan
  • Great Room
  • Family Room
  • Laminate Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434317110017020

Community Details

Overview

  • Association fees include management, common areas, insurance, laundry, legal/accounting, maintenance structure, parking, reserve fund, roof, security, trash, water
  • Yorktown Condo Subdivision
  • 8-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Tennis Courts
  • Fitness Center

Security

  • Phone Entry
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,162

Year Built

Built in 1972

Lot Details

0

HOA Fees

$815 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: GPS/ Waze/ Google Maps
  • Year Built: 1972
  • Entry Level: 7
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Pantry, Split Bedrooms, Tub Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate
  • Living Area: 996.0
  • Dining Room Type: Family Room, Great Room, Storage Room
  • Stories: 8

Exterior Features

  • View: Golf Course, Lake
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No
  • Parking Features: Covered, Detached, Garage, Two or More Spaces

Utilities

  • Laundry Features: Common Area
  • Security: Phone Entry
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 815.0
  • Community Features: Gated, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Amenities: Fitness Center, Laundry, Tennis Court(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Laundry, Legal/Accounting, Maintenance Structure, Parking, Reserve Fund, Roof, Security, Trash, Water

Lot Info

  • Parcel #: 74434317110017020
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3162.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2024
Closed on
Mar 17, 2025
Sold by
Talley Leslie Marie
Bought by
Karpes Jodi Lynn
Seller's Agent
Marcello Fabbri
Concierge Properties LLC
Buyer's Agent
Betty Kimbrew
Seawinds Realty
List Price
$230,000
Sold Price
$200,000
Premium/Discount to List
-$30,000
-13.04%
Views
819
Current Estimated Value
$203,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,371
Avg. Annual Appreciation
4.06%
Original Mortgage
$192,307
Outstanding Balance
$191,981
Interest Rate
6.85%
Mortgage Type
FHA
Estimated Equity
$11,390

Purchase Details

Listed on
Jun 8, 2021
Closed on
Jul 30, 2021
Sold by
Nguyen Thu Trang Thi
Bought by
Talley Leslie Marie
Seller's Agent
Theresa Gigliotti
Velocity Realty, Inc.
Buyer's Agent
Marcello Fabbri
Concierge Properties LLC
List Price
$135,000
Sold Price
$161,000
Premium/Discount to List
$26,000
19.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%
Original Mortgage
$152,950
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2019
Sold by
Baines Thalia E
Bought by
Nguyen Thu Trang Thi

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
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $200,000 Allied Title & Escrow Services
Warranty Deed $161,000 First American Title Ins Co
Warranty Deed $95,000 South Florida Title Group In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $192,307 FHA
Previous Owner $152,950 New Conventional
Previous Owner $85,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Sold $200,000 -3.3% $201 / Sq Ft
02/14/2025 02/14/25 Pending -- -- --
01/14/2025 01/14/25 Price Changed $206,900 -10.0% $208 / Sq Ft
11/13/2024 11/13/24 For Sale $230,000 +42.9% $231 / Sq Ft
07/30/2021 07/30/21 Sold $161,000 +19.3% $162 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $135,000 -- $136 / 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 $2,717 $170,000 -- --
2023 $3,162 $136,125 $0 $0
2022 $2,809 $123,750 $0 $0
2021 $1,067 $82,134 $0 $0
2020 $1,051 $81,000 $0 $81,000
2019 $598 $48,088 $0 $0
2018 $519 $47,191 $0 $0
2017 $485 $46,220 $0 $0
2016 $477 $45,269 $0 $0
2015 $484 $44,954 $0 $0
2014 $484 $44,597 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11037015

BeachesMLS

APN: 74-43-43-17-11-001-7020