NOT LISTED FOR SALE

1640 Presidential Way Unit 107 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $279,459 - $367,000

3 Beds
2 Baths
1,638 Sq Ft
$626/mo HOA Fee

Last Sold March 26, 2024

Last sale price $305,000 $186 Per Sq Ft

Current estimated payment $2,661/month

304 Days on Market

Highlights

  • Doorman
  • Garden View
  • Card or Code Access
  • Gated Community
  • Sauna
  • Ceramic Tile Flooring

About This Home

As of March 2024

VACANT READY FOR MOVE-IN...

Last Agent to Sell the Property

Praveen Badgamia

Prime Realty Services License #3295274 Listed on: 05/26/2023

Co-Listed By

Devin Kalvaitis

Florida Trend Realty LLC License #3469373

Last Buyer's Agent

Wesley Hoffman

Madison Allied LLC License #3444386

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,827

Year Built

  • Built in 2004

Lot Details

  • 4.14

HOA Fees

  • $626 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,638 Sq Ft Home
  • 4-Story Property
  • Ceramic Tile Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 74434317280011070

Community Details

Overview

  • Association fees include common areas
  • Park Place Condo Subdivision

Amenities

  • Doorman
  • Sauna

Security

  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,827

Year Built

Built in 2004

Lot Details

0

HOA Fees

$626 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: 1
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: First Floor Entry, Main Level Primary
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Living Area: 1638.0
  • Stories: 4

Exterior Features

  • Exterior Features: None
  • View: Garden
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, One Space

Utilities

  • Security: Door Man, Key Card Entry
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 626.0
  • Community Features: Gated
  • Senior Community: No
  • Amenities: Sauna
  • Association #2 Fee: 626.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Parcel #: 74434317280011070

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2827.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Mar 20, 2024
Sold by
Kalvaitis Holdings Llc
Bought by
Heman-Ackah Letarshia
Seller's Agent
Praveen Badgamia
Prime Realty Services
Buyer's Agent
Wesley Hoffman
Madison Allied LLC
List Price
$349,900
Sold Price
$305,000
Premium/Discount to List
-$44,900
-12.83%
Views
328
Current Estimated Value
$305,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115
Avg. Annual Appreciation
0.02%
Original Mortgage
$295,850
Outstanding Balance
$291,057
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$14,058

Purchase Details

Closed on
Apr 28, 2023
Sold by
Meb Loan Trust
Bought by
Kalvaitis Holdings Llc

Purchase Details

Closed on
May 27, 2004
Sold by
1600 Presidential Way Llc
Bought by
Jeanville Patrick M and Torres Ivette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,410
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Heman-Ackah Letarshia $305,000 Home Partners Title Services
Heman-Ackah Letarshia $305,000 Home Partners Title Services
Kalvaitis Holdings Llc $240,000 --
Jeanville Patrick M $254,900 Trans-State Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heman-Ackah Letarshia $295,850
Closed Heman-Ackah Letarshia $295,850
Previous Owner Jeanville Patrick M $229,410
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2024 03/26/24 Sold $305,000 -1.6% $186 / Sq Ft
10/05/2023 10/05/23 Price Changed $309,999 -1.6% $189 / Sq Ft
09/22/2023 09/22/23 Price Changed $314,999 -1.5% $192 / Sq Ft
08/18/2023 08/18/23 Price Changed $319,900 -1.6% $195 / Sq Ft
07/18/2023 07/18/23 Price Changed $325,000 -1.5% $198 / Sq Ft
06/28/2023 06/28/23 Price Changed $329,900 -2.9% $201 / Sq Ft
06/08/2023 06/08/23 Price Changed $339,900 -2.9% $208 / Sq Ft
05/26/2023 05/26/23 For Sale $349,900 0.0% $214 / Sq Ft
10/30/2020 10/30/20 Rented $1,750 0.0% --
09/30/2020 09/30/20 Under Contract -- -- --
08/29/2020 08/29/20 For Rent $1,750 -2.8% --
05/31/2019 05/31/19 Rented $1,800 0.0% --
05/01/2019 05/01/19 Under Contract -- -- --
02/14/2019 02/14/19 For Rent $1,800 -- --
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 $5,218 $245,000 -- --
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 $3,154 $135,000 $0 $135,000
2018 $2,850 $135,000 $0 $135,000
2017 $2,631 $125,000 $0 $0
2016 $2,570 $99,559 $0 $0
2015 $2,467 $90,508 $0 $0
2014 $2,288 $82,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2024

    Praveen Badgamia

    Prime Realty Services

    (954) 234-3637

    1 in this area

    47 Total Sales

    Praveen Badgamia
    Section Image
  • Devin Kalvaitis

    Seller Co-Listing Agent in 2024

    Devin Kalvaitis

    Florida Trend Realty LLC

    (954) 294-8106

    1 in this area

    73 Total Sales

    Devin Kalvaitis
    Section Image
  • Wesley Hoffman

    Buyer's Agent in 2024

    Wesley Hoffman

    Madison Allied LLC

    (561) 509-1956

    1 in this area

    14 Total Sales

    Wesley Hoffman
    Section Image
  • Hector Vazquez

    Seller's Agent in 2020

    Hector Vazquez

    Premier Brokers International

    (347) 208-4209

    60 in this area

    90 Total Sales

    Hector Vazquez
    Section Image
  • Christine Nelson

    Buyer's Agent in 2020

    Christine Nelson

    Coldwell Banker Realty

    (954) 918-4567

    20 Total Sales

    Christine Nelson
    Section Image

  • C

    Buyer's Agent in 2019

    Cherisse Louidor

    Succor Realty Services

    (561) 308-8226

    16 Total Sales

    Cherisse Louidor
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10382552

BeachesMLS (Greater Fort Lauderdale)

APN: 74-43-43-17-28-001-1070

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

1640 Presidential Way Unit 107, West Palm Beach, FL

This home is located at 1640 Presidential Way Unit 107, West Palm Beach, FL 33401 since 26 May 2023 and is currently estimated at $305,115, approximately $186 per square foot. This property was built in 2004. 1640 Presidential Way Unit 107 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.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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