$285,000
SOLD AUG 23, 2024

1620 Presidential Way Unit 108 West Palm Beach, FL 33401

Banyan Cay Neighborhood
3 Beds
2 Baths
1,638 Sq Ft
$625/mo HOA Fee

Recently Sold

$174 Per Sq Ft

11% Below List Price

99 Days on Market

Highlights

  • Doorman
  • Gated Community
  • Garden View
  • Fitness Center
  • Marble Flooring
  • High Ceiling

About This Home

As of August 2024

Discover your next home in this luxurious 3-bedroom, 2-bathroom condo, impeccably designed to offer an unparalleled living experience. Nestled on the first floor of an amenity-rich building, this gated property features spacious interiors with 10 ft high ceilings, enhancing the sense of openness and grandeur. The open-concept living space extends outdoors to a private patio, opening directly onto a serene garden, ideal for relaxation or entertaining. The building itself offers an array of premium amenities including reserved parking for two cars, a responsive doorman service, a swimming pool, sauna, and a state-of-the-art fitness center, ensuring every day is infused with comfort and convenience. Step inside to find a large master suite, complete with two walk-in closets and an expansive

Last Agent to Sell the Property

Bo Allen

Illustrated Properties LLC License #602992 Listed on: 05/11/2024

Illustrated Properties LLC

Co-Listed By

Jon Allen

Illustrated Properties LLC License #3250090

Last Buyer's Agent

Cris Serrano

United Realty Group Inc License #3133567

United Realty Group Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,913

Year Built

  • Built in 2004

HOA Fees

  • $625 Monthly HOA Fees

Interior Spaces

  • 1,638 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Great Room
  • Combination Kitchen and Dining Room
  • Garden Views
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Over 1 Space Per Unit
  • Guest Parking
  • Deeded Parking
  • Assigned Parking

Outdoor Features

  • Open Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434317280021080

Community Details

Overview

  • Association fees include management, common areas, insurance, ground maintenance, trash, water
  • Park Place Condo Subdivision

Amenities

  • Doorman
  • Game Room
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Phone Entry
  • Gated Community
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,913

Year Built

Built in 2004

Lot Details

0

HOA Fees

$625 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 2004
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, High Ceilings, Kitchen/Dining Combo, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Marble, Tile, Wood
  • Living Area: 1638.0
  • Dining Room Type: Great Room, Laundry
  • Stories: 1
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Porch
  • View: Garden
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Deeded, Guest, Two or More Spaces

Utilities

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

Condo/Co-op/Association

  • Association Fee: 625.0
  • Community Features: Game Room, Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Management, Pool, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

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

Lot Info

  • Parcel #: 74434317280021080
  • Lot Size: Paved Road,Public Road,S
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3913.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2024
Closed on
Aug 23, 2024
Sold by
Craft Darren
Bought by
Pineda Julian Augustus
Seller's Agent
Bo Allen
Illustrated Properties LLC
Buyer's Agent
Cris Serrano
United Realty Group Inc
List Price
$319,000
Sold Price
$285,000
Premium/Discount to List
-$34,000
-10.66%
Views
72
Current Estimated Value
$288,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,039
Avg. Annual Appreciation
3.42%
Original Mortgage
$228,000
Outstanding Balance
$226,597
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$66,660

Purchase Details

Listed on
Mar 6, 2013
Closed on
May 23, 2013
Sold by
Federal National Mortgage Association
Bought by
Craft Darren
Seller's Agent
Cara Mantovani
Mantovani Real Estate, Inc.
List Price
$125,000
Sold Price
$117,500
Premium/Discount to List
-$7,500
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$105,750
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2012
Sold by
Toci Galina
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 15, 2004
Sold by
1600 Presidential Way Llc
Bought by
Markevych Vira and Markevych Andriy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
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 $285,000 Prosperity Land Title
Special Warranty Deed $117,500 Attorney
Trustee Deed -- None Available
Corporate Deed $237,000 Trans State Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $228,000 New Conventional
Previous Owner $105,750 New Conventional
Previous Owner $72,100 Stand Alone Second
Previous Owner $288,400 Unknown
Previous Owner $189,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $285,000 -4.4% $174 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
06/04/2024 06/04/24 Price Changed $298,000 -6.6% $182 / Sq Ft
05/11/2024 05/11/24 For Sale $319,000 0.0% $195 / Sq Ft
06/26/2017 06/26/17 Rented -- -- --
05/01/2017 05/01/17 Under Contract -- -- --
02/03/2017 02/03/17 For Rent $1,550 +12.7% --
03/22/2016 03/22/16 Rented $1,375 0.0% --
02/21/2016 02/21/16 Under Contract -- -- --
02/16/2016 02/16/16 For Rent $1,375 +1.9% --
03/05/2014 03/05/14 Rented $1,350 0.0% --
02/03/2014 02/03/14 Under Contract -- -- --
01/28/2014 01/28/14 For Rent $1,350 0.0% --
05/23/2013 05/23/13 Sold $117,500 -6.0% $72 / Sq Ft
03/26/2013 03/26/13 Pending -- -- --
03/05/2013 03/05/13 For Sale $125,000 -- $76 / 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 $4,200 $173,030 -- --
2023 $3,913 $157,300 $0 $0
2022 $3,468 $143,000 $0 $0
2021 $3,023 $130,000 $0 $130,000
2020 $3,051 $130,000 $0 $130,000
2019 $3,192 $135,000 $0 $135,000
2018 $3,069 $135,000 $0 $135,000
2017 $2,866 $125,000 $0 $0
2016 $3,037 $130,000 $0 $0
2015 $3,003 $125,000 $0 $0
2014 $2,801 $115,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10986556

BeachesMLS

APN: 74-43-43-17-28-002-1080