NOT LISTED FOR SALE

1500 Presidential Way Unit 806 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $230,386 - $376,000

2 Beds
2 Baths
1,194 Sq Ft
$815/mo HOA Fee

Last Sold August 12, 2024

Last sale price $255,000 $214 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,675/month

209 Days on Market

Highlights

  • Water Views
  • Balcony
  • Card or Code Access
  • Sun or Florida Room
  • Open Patio
  • Entrance Foyer

About This Home

As of August 2024

This newly renovated 2 bedrooms, 2 bathrooms condo is a masterpiece of modern design and functionality. As you step into this urban oasis, you'll be greeted by large windows that offer unobstructed views, allowing natural light to embrace every corner.The contemporary charm continues with large modern tiles seamlessly flowing throughout the space, creating an open and inviting atmosphere. The renovated kitchen features a large island, sleek quartz countertops, and stainless steel appliances,The updated bathrooms boast a perfect blend of style and comfort, with a new bathroom vanity adding a touch of luxury. Your peace of mind is prioritized with hurricane-rated accordion shutters, ensuring security during unpredictable security during unpredictable weather.

Last Agent to Sell the Property

Loodmy Jacques

KW Reserve Palm Beach License #3222697 Listed on: 01/15/2024

KW Reserve Palm Beach

Last Buyer's Agent

Sylas Miranti

London Foster Realty License #3335032

London Foster Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,759

Year Built

  • Built in 1972

HOA Fees

  • $815 Monthly HOA Fees

Home Design

  • Entry on the 8th floor
  • Tar and Gravel Roof

Interior Spaces

  • 1,194 Sq Ft Home
  • Single Hung Metal Windows
  • Sliding Windows
  • Entrance Foyer
  • Combination Kitchen and Dining Room
  • Sun or Florida Room
  • Ceramic Tile Flooring
  • Water Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434317110018060

Community Details

Overview

  • Association fees include common areas, hot water, insurance, ground maintenance, parking, pest control, roof, sewer, trash, water
  • High-Rise Condominium
  • Yorktown Subdivision
  • 8-Story Property

Amenities

  • Laundry Facilities
  • Community Storage Space
  • Elevator

Security

  • Card or Code Access
  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,759

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: North on Congress from Palm Beach Lakes. Turn Right on Presidential Way. Take first right, and turn left into building parking.
  • Year Built: 1972
  • Architectural Style: High Rise
  • Entry Level: 8
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Elevator, Kitchen/Dining Combo, Split Bedrooms, Tub Shower
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1194.0
  • Dining Room Type: Florida Room
  • Stories: 8
  • Window Features: Metal, Single Hung, Sliding

Exterior Features

  • Exterior Features: Balcony
  • View: Water
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale
  • Roof: Tar/Gravel

Garage/Parking

  • Garage Yn: No

Utilities

  • Laundry Features: Common Area
  • Security: Key Card Entry, Phone Entry
  • Cooling: Central Air, Electric
  • 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: Non-Gated, Sidewalks
  • Senior Community: No
  • Amenities: Laundry, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Hot Water, Insurance, Maintenance Grounds, Parking, Pest Control, Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 74434317110018060
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3759.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2024
Closed on
Aug 12, 2024
Sold by
Haddad Elias
Bought by
Vickery Sachia Rawle Channe
Seller's Agent
Loodmy Jacques
KW Reserve Palm Beach
Buyer's Agent
Sylas Miranti
London Foster Realty
List Price
$275,000
Sold Price
$255,000
Premium/Discount to List
-$20,000
-7.27%
Views
5021
Current Estimated Value
$280,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,347
Avg. Annual Appreciation
-1.76%
Original Mortgage
$204,000
Outstanding Balance
$202,621
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$47,351

Purchase Details

Listed on
Jan 31, 2023
Closed on
Feb 28, 2023
Sold by
James Gary
Bought by
Haddad Elias
Seller's Agent
Sharon Arnett
Keller Williams Realty Services
Buyer's Agent
Joseph Feldkamp
Destinations Realty
List Price
$159,000
Sold Price
$165,000
Premium/Discount to List
$6,000
3.77%
Views
83

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.02%
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
Vickery Sachia Rawle Channe $255,000 Performance Title
Haddad Elias $165,000 Title Alliance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vickery Sachia Rawle Channe $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2024 08/12/24 Sold $255,000 -1.5% $214 / Sq Ft
03/26/2024 03/26/24 Price Changed $259,000 -3.7% $217 / Sq Ft
03/05/2024 03/05/24 Price Changed $269,000 -2.2% $225 / Sq Ft
01/15/2024 01/15/24 For Sale $275,000 +66.7% $230 / Sq Ft
02/28/2023 02/28/23 Sold $165,000 +3.8% $138 / Sq Ft
02/01/2023 02/01/23 For Sale $159,000 -- $133 / 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 $4,482 $209,000 -- --
2023 $3,759 $170,610 $0 $0
2022 $3,469 $155,100 $0 $0
2021 $793 $57,728 $0 $0
2018 $719 $54,613 $0 $0
2017 $695 $53,490 $0 $0
2016 $700 $52,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10950263

BeachesMLS

APN: 74-43-43-17-11-001-8060