$117,500
SOLD MAY 23, 2013

1620 Presidential Way Unit 108 West Palm Beach, FL 33401

Banyan Cay Neighborhood
3 Beds
2 Baths
1,638 Sq Ft
$471/mo HOA Fee

Recently Sold

$72 Per Sq Ft

6% Below List Price

20 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • Security Guard
  • Main Floor Bedroom
  • Porch
  • Tile Flooring

About This Home

As of August 2024

Fannie Mae Homepath property! Purchase this property for as little as 3% down. Light & bright. Kitchen with granite counters and stainless steel appliances. Open living area, built-ins in master closet plus jacuzzi tub in master! Community offers a swimmi ng pool, man-gate security and gym. Pets allowed except for leases. Maint $471/mo

Last Agent to Sell the Property

Cara Mantovani

Mantovani Real Estate, Inc. License #0704570 Listed on: 03/06/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,730

Year Built

  • Built in 2004

HOA Fees

  • $471 Monthly HOA Fees

Parking

  • 2 Car Parking Spaces

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,638 Sq Ft Home
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Additional Features

  • Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 74434317280021080

Community Details

Overview

  • Park Place Condos
  • Park Place Subdivision
  • 5-Story Property

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,730

Year Built

Built in 2004

Lot Details

0

HOA Fees

$471 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Condominium
  • Co List Office Mls Id: FLL607947
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Park Place
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Appliances: Microwave, Electric Range
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1638
  • Possible Use: Unknown/Withheld
  • Stories: 5
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: None
  • Exterior Features: Exterior Cat Walk
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Porch
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Park Place
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Guard At Site

Condo/Co-op/Association

  • Association Fee: 471
  • Amenities: Exercise Room, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 74434317280021080
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 471

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 1730

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
$302,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,603
Avg. Annual Appreciation
6.73%
Original Mortgage
$228,000
Outstanding Balance
$226,597
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$76,006

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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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 $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: MIAMI REALTORS® MLS

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: MIAMI REALTORS® MLS

MLS Number: A1756777

MIAMI REALTORS® MLS

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