NOT LISTED FOR SALE

Park Place Condominiums 1610 Presidential Way Unit 409 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $267,354 - $298,000

2 Beds
2 Baths
1,424 Sq Ft
$199/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $140,000 $98 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,990/month

About This Home

As of August 2018

Are you ready to live in luxury? If so, you're going to love this stunning two-bedroom, two-bathroom condo located on Presidential Way! It's got everything you need to live in comfort and style, including marble floors, high ceilings, a full-size washer and dryer, lots of closet space, two balconies, and a spacious kitchen. Plus, the location is amazing! You're just a short walk away from the Palm Beach Outlet Mall, and there are plenty of busways, highways, and beaches nearby. This is your chance to experience the ultimate in convenience, comfort, and luxury living. Don't miss out!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2018
Closed on
Jul 31, 2018
Sold by
Li Yun
Bought by
Hodzic Ajdin
Seller's Agent
Heidi Fuchs
Coldwell Banker Realty /Delray Beach
Buyer's Agent
Spencer Carey
The Keyes Company
List Price
$145,000
Sold Price
$140,000
Premium/Discount to List
-$5,000
-3.45%
Current Estimated Value
$283,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,589
Avg. Annual Appreciation
11.18%
Original Mortgage
$133,000
Outstanding Balance
$116,695
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$168,082

Purchase Details

Closed on
Aug 11, 2011
Sold by
Borse Mary
Bought by
Li Yun

Purchase Details

Closed on
Apr 8, 2005
Sold by
1600 Presidential Way Llc
Bought by
Borse Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,425
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Hodzic Ajdin $140,000 Sunbelt Title Agency
Li Yun $70,000 All Property Title & Escrow
Borse Mary -- All Property Title & Escrow
Borse Mary $225,900 Statewide Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hodzic Ajdin $133,000
Previous Owner Borse Mary $169,425
Closed Borse Mary $33,885
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2024 01/22/24 Under Contract -- -- --
01/17/2024 01/17/24 Rented $2,200 -8.3% --
01/04/2024 01/04/24 For Rent $2,400 +71.4% --
11/14/2020 11/14/20 Rented $1,400 0.0% --
10/29/2020 10/29/20 Under Contract -- -- --
10/28/2020 10/28/20 Price Changed $1,400 -6.7% $1 / Sq Ft
09/03/2020 09/03/20 Price Changed $1,500 -6.3% $1 / Sq Ft
06/14/2020 06/14/20 Price Changed $1,600 -5.9% $1 / Sq Ft
05/05/2020 05/05/20 Price Changed $1,700 -5.6% $1 / Sq Ft
02/10/2020 02/10/20 For Rent $1,800 0.0% --
08/24/2018 08/24/18 Sold $140,000 -3.4% $98 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
07/08/2018 07/08/18 For Sale $145,000 0.0% $102 / Sq Ft
06/19/2015 06/19/15 Rented $1,250 0.0% --
05/20/2015 05/20/15 Under Contract -- -- --
03/24/2015 03/24/15 For Rent $1,250 -- --

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 $5,014 $235,000 -- --
2023 $1,994 $129,090 $0 $0
2022 $1,951 $125,330 $0 $0
2021 $1,927 $121,680 $0 $0
2020 $1,908 $120,000 $0 $120,000
2019 $2,040 $125,000 $0 $125,000
2018 $2,492 $113,000 $0 $113,000
2017 $2,321 $108,000 $0 $0
2016 $2,270 $87,846 $0 $0
2015 $2,174 $79,860 $0 $0
2014 $1,985 $72,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Maykel Fernandez

    Seller's Agent in 2024

    Maykel Fernandez

    Maykel Fernandez R.E.Broker

    (786) 306-0351

    20 Total Sales

    Maykel Fernandez
    Section Image

  • H

    Seller's Agent in 2018

    Heidi Fuchs

    Coldwell Banker Realty /Delray Beach

    (954) 415-8263

    69 Total Sales

    Heidi Fuchs
    Section Image
  • Spencer Carey

    Buyer's Agent in 2018

    Spencer Carey

    The Keyes Company

    (561) 393-7000

    36 Total Sales

    Spencer Carey
    Section Image

  • J

    Seller's Agent in 2015

    Jason Yan

    Elite Realty of Florida, LLC

    (561) 236-7378

    12 Total Sales

    Jason Yan
    Section Image
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About Park Place Condominiums

Map

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

1610 Presidential Way Unit 409, West Palm Beach, FL

Homes for Sale in West Palm Beach, FL

This home is located at 1610 Presidential Way Unit 409, West Palm Beach, FL 33401 and is currently estimated at $283,589, approximately $199 per square foot. 1610 Presidential Way Unit 409 is a home located in Palm Beach County with nearby schools including Roosevelt Elementary School, Roosevelt Middle School, and Palm Beach Lakes Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.