NOT LISTED FOR SALE

1500 Presidential Way Unit 7040 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $242,762 - $267,000

2 Beds
2 Baths
1,194 Sq Ft
1972 Built

Last Sold August 02, 2021

Last sale price $197,000 $165 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,767/month

Highlights

  • Fitness Center
  • Furnished
  • Porch
  • Wood Flooring
  • Balcony
  • Patio

About This Home

As of November 2023

OFFERED FURNISHED OR UNFURNISHED. BREATHTAKING VIEWS FROM THIS 7TH FLOOR TWO BEDROOM TWO BATH CONDO 1194 SQ FT. OFFERED FURNISHED OR UNFURNISHED. UPDATED WITH WOOD FLOORING OPEN PATIO WITH GOLF COURSE VIEWS. KITCHEN FEATURES WHITE CABINETRY QUARTZ COUNTERTOPS AND STAINLESS APPLIANCES. LIVING AREA HAS AN ABUNDANCE OF WINDOWS OFFERING PLENTY OF LIGHT THROUGHOUT. OPEN PATIO PERFECT FOR WATCHING SUNRISES. BUILDING FEATURES AN ELEVATOR COMMON LAUNDRY AND INCLUDES WATER. CENTRALLY LOCATED NEAR PALM BEACH OUTLETS WHOLE FOODS MARKET AIRPORT BEACHES AND DOWNTOWN WEST PALM BEACH.NO PETS

Last Agent to Rent the Property

Kimberly Grove

624 Home.com License #3326259 Listed on: 07/20/2023

Last Renter's Agent

Hedy Fana

RE/MAX Excellence License #3110632

RE/MAX Excellence

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,400

Year Built

  • Built in 1972

Interior Spaces

  • 1,194 Sq Ft Home
  • Furnished

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 7/29/24
  • Assessor Parcel Number 74434317110017040

Community Details

Overview

  • Yorktown Condo Subdivision
  • 8-Story Property

Amenities

  • Laundry Facilities

Recreation

  • Fitness Center

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,400

Year Built

Built in 1972

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2024-07-29

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1972
  • Entry Level: 7
  • Building Stories: 8
  • Special Features: VirtualTour
  • Stories: 8

Interior Features

  • Interior Amenities: Split Bedrooms
  • Furnished: Furnished
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Hardwood, Tile, Wood
  • Living Area: 1194.0

Exterior Features

  • Exterior Features: Balcony, Patio
  • Pool Features: None
  • Waterfront: No
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Garage Yn: No

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Fitness Center, Laundry
  • Pets Allowed: No

Lot Info

  • Parcel #: 74434317110017040
  • Land Lease Amount Frequency: Monthly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Aug 2, 2021
Sold by
Roberts David and Roberts Fazier
Bought by
Dzieweczynski Noah
Seller's Agent
TARYN PISANESCHI
Compass Florida LLC
Buyer's Agent
Brygida Trzaska
Ambassador Realty Corp.
List Price
$197,000
Sold Price
$197,000
Current Estimated Value
$253,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,441
Avg. Annual Appreciation
6.77%

Purchase Details

Listed on
Feb 27, 2020
Closed on
Jun 2, 2020
Sold by
Macchi Stephen and Macchi Leda
Bought by
Roberts David and Roberts Fazier
Seller's Agent
Taryn Pisaneschi
EXP Realty LLC
Buyer's Agent
Roger Pisaneschi
EXP Realty LLC
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.94%
Original Mortgage
$108,750
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 5, 2018
Closed on
Jan 25, 2019
Sold by
Aviles Heidi Gacela and Aviles Heidi Gracela
Bought by
Macchi Stephen and Macchi Leda
Seller's Agent
Taryn Pisaneschi
EXP Realty LLC
Buyer's Agent
Roger Pisaneschi
EXP Realty LLC
List Price
$130,000
Sold Price
$125,000
Premium/Discount to List
-$5,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.71%
Original Mortgage
$100,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 12, 2016
Closed on
Jan 23, 2017
Sold by
Valderama Andrew
Bought by
Aviles Heidi Gracela
Seller's Agent
Xanadu Levier
Inactive member
Buyer's Agent
Taryn Pisaneschi
EXP Realty LLC
List Price
$110,900
Sold Price
$95,000
Premium/Discount to List
-$15,900
-14.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.55%
Original Mortgage
$66,500
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 26, 2013
Closed on
Mar 7, 2014
Sold by
The Bank Of New York Mellon
Bought by
Valerrama Andrew
Seller's Agent
Michael Lan
Florida Premier Realty of the Palm Beaches LLC
Buyer's Agent
Duane Garrick
Garrick Realty, LLC.
List Price
$75,800
Sold Price
$57,000
Premium/Discount to List
-$18,800
-24.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.86%

Purchase Details

Closed on
Jun 13, 2012
Sold by
Edwards David and Edwards Dolly
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Nov 10, 2011
Sold by
Edwards Joseph
Bought by
Edwards David

Purchase Details

Closed on
Nov 28, 2005
Sold by
Allgood Franklin D and Allgood Helen
Bought by
Edwards David B and Edwards Joseph S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2001
Sold by
Gerwin R Platz M and Renate Platz M
Bought by
Allgood Franklin D and Allgood Helen
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 Buyer Sale Price Title Company
Dzieweczynski Noah $197,000 First American Title Ins Co
Roberts David $145,000 First American Title Ins Co
Macchi Stephen $125,000 Attorney
Aviles Heidi Gracela $95,000 First American Title Insuran
Valerrama Andrew $57,000 None Available
The Bank Of New York Mellon $93,512 Attorney
Edwards David $45,000 None Available
Edwards David B $206,000 Universal Land Title Inc
Allgood Franklin D $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roberts David $108,750
Previous Owner Macchi Stephen $100,000
Previous Owner Aviles Heidi Gracela $66,500
Previous Owner Valderrama Andrew $53,300
Previous Owner Edwards David B $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2023 11/01/23 Rented $2,145 0.0% --
09/28/2023 09/28/23 Under Contract -- -- --
09/21/2023 09/21/23 Price Changed $2,145 -4.5% $2 / Sq Ft
09/08/2023 09/08/23 Price Changed $2,245 -2.2% $2 / Sq Ft
09/01/2023 09/01/23 Price Changed $2,295 -4.2% $2 / Sq Ft
08/31/2023 08/31/23 Price Changed $2,395 -2.2% $2 / Sq Ft
07/27/2023 07/27/23 Price Changed $2,450 -2.0% $2 / Sq Ft
07/24/2023 07/24/23 For Rent $2,500 0.0% --
08/02/2021 08/02/21 Sold $197,000 0.0% $165 / Sq Ft
08/02/2021 08/02/21 Sold $197,000 0.0% $165 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $197,000 -1.5% $165 / Sq Ft
07/03/2021 07/03/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $200,000 +37.9% $168 / Sq Ft
06/02/2020 06/02/20 Sold $145,000 -3.3% $121 / Sq Ft
05/03/2020 05/03/20 Pending -- -- --
02/27/2020 02/27/20 For Sale $150,000 +20.0% $126 / Sq Ft
01/31/2019 01/31/19 Sold $125,000 -3.8% $105 / Sq Ft
01/01/2019 01/01/19 Pending -- -- --
10/05/2018 10/05/18 For Sale $130,000 0.0% $109 / Sq Ft
02/10/2018 02/10/18 Rented $1,450 0.0% --
01/11/2018 01/11/18 Under Contract -- -- --
12/01/2017 12/01/17 For Rent $1,450 0.0% --
01/24/2017 01/24/17 Sold $95,000 -14.3% $80 / Sq Ft
12/25/2016 12/25/16 Pending -- -- --
09/12/2016 09/12/16 For Sale $110,900 +94.6% $93 / Sq Ft
03/31/2014 03/31/14 Sold $57,000 -24.8% $48 / Sq Ft
03/01/2014 03/01/14 Pending -- -- --
12/26/2013 12/26/13 For Sale $75,800 -- $63 / 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 $4,400 $205,000 -- --
2023 $2,567 $156,921 $0 $0
2022 $2,520 $152,350 $0 $0
2021 $2,414 $102,000 $0 $102,000
2020 $2,106 $87,000 $0 $87,000
2019 $655 $45,615 $0 $0
2018 $576 $44,764 $0 $0
2017 $758 $62,717 $0 $0
2016 $763 $61,427 $0 $0
2015 $781 $61,000 $0 $0
2014 $1,548 $58,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10906495

BeachesMLS

APN: 74-43-43-17-11-001-7040