1620 Presidential Way Unit 408 West Palm Beach, FL 33401
Banyan Cay Neighborhood
3
Beds
2
Baths
1,650
Sq Ft
$566/mo
HOA Fee
Highlights
- Water Views
- Gated with Attendant
- Marble Flooring
- Fitness Center
- Clubhouse
- Jetted Tub in Primary Bathroom
About This Home
As of May 2025EXECUTIVE LUXURY CONDO 3 BEDROOM 2 BATHROOM
Last Agent to Sell the Property
Moss & Company Realty Inc License #3399136 Listed on: 01/16/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,117
Year Built
- Built in 2004
Lot Details
- Fenced
HOA Fees
- $566 Monthly HOA Fees
Home Design
- Mediterranean Architecture
- Barrel Roof Shape
- Spanish Tile Roof
- Tile Roof
Interior Spaces
- 1,650 Sq Ft Home
- High Ceiling
- Ceiling Fan
- Blinds
- Great Room
- Combination Dining and Living Room
- Marble Flooring
- Water Views
- Home Security System
- Washer and Dryer
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Closet Cabinetry
- 2 Full Bathrooms
- Jetted Tub in Primary Bathroom
Parking
- Over 1 Space Per Unit
- Assigned Parking
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Municipal Trash
Listing and Financial Details
- Assessor Parcel Number 74434317280024080
Community Details
Overview
- Association fees include common areas, cable TV, parking, pest control, reserve fund, security
- 99 Units
- Park Place Condo Subdivision
- 5-Story Property
Amenities
- Sauna
- Clubhouse
- Game Room
- Business Center
- Elevator
- Bike Room
Recreation
- Fitness Center
- Community Pool
- Community Spa
- Park
Pet Policy
- Pets Allowed
Security
- Gated with Attendant
- Resident Manager or Management On Site
- Impact Glass
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 12, 2024
Closed on
May 5, 2025
Sold by
Levy Howard
Bought by
Macdonald Annette
Seller's Agent
Stacey Rook
Rook Realty LLC
Buyer's Agent
Dwight Norman
Beachfront Properties Real Estate LLC
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%
Views
85
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,003
Avg. Annual Appreciation
17.17%
Original Mortgage
$200,000
Outstanding Balance
$199,648
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$63,355
Purchase Details
Listed on
Jan 16, 2021
Closed on
Dec 27, 2021
Sold by
Cota Craft and Cota Rosali
Bought by
Levy Howard
Seller's Agent
Russell Moss
Moss & Company Realty Inc
Buyer's Agent
Cinthya Schuman
LoKation
List Price
$260,000
Sold Price
$265,000
Premium/Discount to List
$5,000
1.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.72%
Purchase Details
Closed on
Jul 25, 2005
Sold by
Marachinskas Arunas and Ambridge Kathlein
Bought by
Craft Steven
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,900
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Oct 22, 2004
Sold by
1600 Presidential Way Llc
Bought by
Marachinskas Arunas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Similar Homes in West Palm Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $250,000 | Clear To Close Title Services | |
| Warranty Deed | $265,000 | Gregory B Taylor Pa | |
| Warranty Deed | $274,900 | Premier Title Partners Of Th | |
| Corporate Deed | $220,000 | Trans State Title Ins Corp |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,000 | New Conventional | |
| Previous Owner | $3,298 | Unknown | |
| Previous Owner | $219,900 | Fannie Mae Freddie Mac | |
| Previous Owner | $176,000 | Purchase Money Mortgage | |
| Closed | $33,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/06/2025 05/06/25 | Sold | $250,000 | -5.7% | $161 / Sq Ft |
| 03/12/2025 03/12/25 | For Sale | $265,000 | 0.0% | $171 / Sq Ft |
| 03/05/2025 03/05/25 | Off Market | $265,000 | -- | -- |
| 12/18/2024 12/18/24 | Price Changed | $265,000 | -3.6% | $171 / Sq Ft |
| 11/12/2024 11/12/24 | Price Changed | $275,000 | -8.0% | $177 / Sq Ft |
| 08/12/2024 08/12/24 | For Sale | $299,000 | 0.0% | $193 / Sq Ft |
| 08/07/2023 08/07/23 | Rented | $2,500 | 0.0% | -- |
| 05/18/2023 05/18/23 | Price Changed | $2,500 | -5.7% | $2 / Sq Ft |
| 04/06/2023 04/06/23 | For Rent | $2,650 | 0.0% | -- |
| 12/27/2021 12/27/21 | Sold | $265,000 | +1.9% | $161 / Sq Ft |
| 11/27/2021 11/27/21 | Pending | -- | -- | -- |
| 01/16/2021 01/16/21 | For Sale | $260,000 | 0.0% | $158 / Sq Ft |
| 08/15/2019 08/15/19 | Rented | $1,650 | -8.3% | -- |
| 07/16/2019 07/16/19 | Under Contract | -- | -- | -- |
| 07/01/2019 07/01/19 | For Rent | $1,800 | +20.0% | -- |
| 04/18/2016 04/18/16 | For Rent | $1,500 | 0.0% | -- |
| 04/18/2016 04/18/16 | Rented | $1,500 | -- | -- |
Source: BeachesMLS
Tax History Compared to Growth
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 | $5,180 | $235,635 | -- | -- |
| 2023 | $4,796 | $214,214 | $0 | $0 |
| 2022 | $4,305 | $194,740 | $0 | $0 |
| 2021 | $3,154 | $136,000 | $0 | $136,000 |
| 2020 | $3,117 | $133,000 | $0 | $133,000 |
| 2019 | $3,176 | $138,000 | $0 | $138,000 |
| 2018 | $2,870 | $138,000 | $0 | $138,000 |
| 2017 | $2,652 | $128,000 | $0 | $0 |
| 2016 | $2,591 | $99,559 | $0 | $0 |
| 2015 | $2,490 | $90,508 | $0 | $0 |
| 2014 | $2,288 | $82,280 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Stacey Rook
Seller's Agent in 2025
Stacey Rook
Rook Realty LLC
(561) 725-5093
1 in this area
88 Total Sales
-
Dwight Norman
D
Buyer's Agent in 2025
Dwight Norman
Beachfront Properties Real Estate LLC
(615) 934-8141
1 in this area
19 Total Sales
-
Russell Moss
R
Seller's Agent in 2021
Russell Moss
Moss & Company Realty Inc
(561) 305-8700
1 in this area
331 Total Sales
-
Cinthya Schuman
C
Buyer's Agent in 2021
Cinthya Schuman
LoKation
(954) 328-2063
1 in this area
7 Total Sales
-
Barry Segal
Seller's Agent in 2019
Barry Segal
Keller Williams Central
(954) 384-0067
155 Total Sales
-
Rebecca Claire
R
Buyer's Agent in 2019
Rebecca Claire
The Keyes Company (PBG)
(561) 309-9092
2 in this area
21 Total Sales
Map
Source: BeachesMLS
MLS Number: R10685041
APN: 74-43-43-17-28-002-4080
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