NOT LISTED FOR SALE

1620 Presidential Way Unit 510 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $282,000 - $373,000

3 Beds
2 Baths
1,638 Sq Ft
$604/mo HOA Fee

Last Sold November 28, 2023

Last sale price $325,000 $198 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,719/month

13 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Sauna
  • Gated Community
  • Wood Flooring
  • Pool View

About This Home

As of November 2023

You won’t want to miss this beautifully renovated, spacious 3-bed, 2-bath corner condo on the 5th floor in West Palm Beach! Bright, open layout with updated modern kitchen and large rooms. Close to Tanger outlets and amenities like a pool, fitness center, and club room featuring pool table! Make this unit your home sweet home!

Last Agent to Sell the Property

Jessica Nowak

Palms Real Estate, LLC License #3386417 Listed on: 09/28/2023

Co-Listed By

Bryan Nowak

Palms Real Estate, LLC License #3558025

Last Buyer's Agent

Heslin Gallagher

The Keyes Company (PBG) License #3571958

The Keyes Company (PBG)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,809

Year Built

  • Built in 2004

Lot Details

  • 1

HOA Fees

  • $604 Monthly HOA Fees

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1,638 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Pool Views
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Parking

  • Over 1 Space Per Unit
  • Assigned Parking

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 74434317280025100

Community Details

Overview

  • Association fees include common areas, maintenance structure, parking, pest control, pool(s), sewer, security, trash, water
  • Park Place Subdivision
  • 5-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Phone Entry
  • Gated Community
  • Impact Glass
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,809

Year Built

Built in 2004

Lot Details

0

HOA Fees

$604 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 2004
  • Carport Y N: No
  • Entry Level: 5
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Other, Pantry, Walk-In Closet(s), Elevator
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile, Wood
  • Living Area: 1638.0
  • Stories: 5
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Balcony, Security/High Impact Doors
  • View: Other, Pool
  • Pool Features: Association
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Phone Entry, Security Guard, Fire Sprinkler System
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 604.0
  • Community Features: Gated
  • Senior Community: No
  • Amenities: Clubhouse, Elevator(s), Fitness Center, Pool, Sauna, Trash
  • Association Fee Frequency: Monthly
  • Pets Allowed: No Pet Restrictions, Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Structure, Parking, Pest Control, Pool(s), Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 74434317280025100

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3809.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Nov 15, 2023
Sold by
Wagner Wojciech
Bought by
Gilbert Nikeeta
Seller's Agent
Jessica Nowak
Palms Real Estate, LLC
Buyer's Agent
Heslin Gallagher
The Keyes Company (PBG)
List Price
$335,000
Sold Price
$325,000
Premium/Discount to List
-$10,000
-2.99%
Views
175
Current Estimated Value
$320,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,038
Avg. Annual Appreciation
-2.10%
Original Mortgage
$260,000
Outstanding Balance
$256,739
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$56,052

Purchase Details

Listed on
Apr 16, 2019
Closed on
Jun 18, 2019
Sold by
Sky R E Holding Llc
Bought by
Wagner Wojciech
Seller's Agent
Allyson Sullivan
Lang Realty/Delray Beach
Buyer's Agent
Jessica Nowak
Palms Real Estate, LLC
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.26%
Original Mortgage
$144,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2010
Sold by
Amini Kianoush
Bought by
Sky R E Holding Llc

Purchase Details

Closed on
Jul 15, 2008
Sold by
Us Bank Na
Bought by
Amini Klanoush

Purchase Details

Closed on
Sep 24, 2007
Sold by
Oliferovskiy Aleksandr and Oliferovskiy Irina
Bought by
Wachovia Bank Na and Asset Backed Pass Through Certificates S

Purchase Details

Closed on
Jul 7, 2004
Sold by
1600 Presidential Way Llc
Bought by
Oliferovskiy Aleksandr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,400
Interest Rate
8.2%
Mortgage Type
Purchase Money Mortgage
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
Gilbert Nikeeta $325,000 First American Title Insurance
Wagner Wojciech $160,000 Delray Title And Abstract Co
Sky R E Holding Llc -- None Available
Amini Klanoush $111,000 None Available
Wachovia Bank Na -- Attorney
Oliferovskiy Aleksandr $246,000 Trans State Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilbert Nikeeta $260,000
Previous Owner Wagner Wojciech $144,000
Previous Owner Oliferovskiy Aleksandr $221,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2023 11/28/23 Sold $325,000 -3.0% $198 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
09/28/2023 09/28/23 For Sale $335,000 +109.4% $205 / Sq Ft
06/18/2019 06/18/19 Sold $160,000 -3.0% $98 / Sq Ft
05/19/2019 05/19/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $165,000 0.0% $101 / Sq Ft
12/01/2017 12/01/17 Rented $1,450 -3.3% --
11/01/2017 11/01/17 Under Contract -- -- --
09/20/2017 09/20/17 For Rent $1,499 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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 $4,865 $270,000 -- --
2023 $4,220 $169,400 $0 $0
2022 $3,809 $154,000 $0 $0
2021 $3,241 $140,000 $0 $140,000
2020 $3,095 $132,000 $0 $132,000
2019 $3,169 $137,000 $0 $137,000
2018 $2,876 $139,000 $0 $139,000
2017 $2,659 $129,000 $0 $0
2016 $2,598 $99,559 $0 $0
2015 $2,497 $90,508 $0 $0
2014 $2,288 $82,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10402282

BeachesMLS (Greater Fort Lauderdale)

APN: 74-43-43-17-28-002-5100