NOT LISTED FOR SALE

1640 Presidential Way Unit 307 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $294,000 - $328,000

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

Last Sold May 15, 2023

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

Est. 5% decrease in value since last sale

Current estimated payment $2,699/month

52 Days on Market

Highlights

  • Gated Community
  • Sauna
  • Game Room
  • Roman Tub
  • Community Pool
  • Elevator

About This Home

As of May 2023

TASTEFULLY APPOINTED 3 BEDROOM , 2 BATH RESIDENCE WITH AMAZING KITCHEN OPEN TO LIVING AREA. STAINLESS STEEL APPLIANCES, HURRICANE IMPACT WINDOWS, WASHER/DRYER, NEW WATER HEATER, 2 PARKING SPACES, CARPET AND TILE FLOORING.PARK PLACE IS A GATED COMMUNITY OFFERING A RESIDENTS LOUNGE WITH TV AND POOL TABLE, GYM, SECURITY GUARD. CLOSE TO PALM BEACH OUTLET MALL, RESTAURANTS, SHOPPING...10 MINUTES TO PBIEASY TO SHOW.....INVESTOR FRIENDLY.

Last Agent to Sell the Property

Michelle Coppola

RE/MAX Island Properties License #sl692839 Listed on: 02/21/2023

RE/MAX Island Properties

Last Buyer's Agent

GINA MARIE GANIM

Echo Fine Properties License #3529688

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,588

Year Built

  • Built in 2004

Lot Details

  • 4.14

HOA Fees

  • $626 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,638 Sq Ft Home
  • Blinds
  • Sliding Windows
  • Combination Dining and Living Room
  • Carpet
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Roman Tub

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434317280013070

Community Details

Overview

  • Association fees include common areas, insurance, maintenance structure, roof, water
  • High-Rise Condominium
  • Park Place Subdivision
  • 5-Story Property

Amenities

  • Sauna
  • Game Room
  • Elevator

Recreation

  • Community Pool

Security

  • Security Guard
  • Card or Code Access
  • Gated Community
  • Impact Glass
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,588

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
  • Directions: CONGRESS BLVD. TO PRESIDENTIAL WAYACROSS FROM PALM BEACH OUTLET MALL
  • Year Built: 2004
  • Architectural Style: High Rise
  • Entry Level: 3
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Garden Tub/Roman Tub, Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet
  • Living Area: 1638.0
  • Dining Room Type: Laundry
  • Stories: 5
  • Window Features: Blinds, Impact Glass, Sliding

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Security Gate, Key Card Entry, Security Guard, Fire Sprinkler System
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 626.0
  • Community Features: Game Room, Gated, Pool, Sauna, Sidewalks
  • Senior Community: No
  • Amenities: Pool, Sauna, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Structure, Roof, Water

Lot Info

  • Parcel #: 74434317280013070
  • Zoning Description: RES

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3588.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2023
Closed on
May 15, 2023
Sold by
Dube Chantal and Dube Gary
Bought by
Stone Stuart R
Seller's Agent
Michelle Coppola
RE/MAX Island Properties
Buyer's Agent
GINA MARIE GANIM
Echo Fine Properties
List Price
$325,000
Sold Price
$325,000
Views
1
Current Estimated Value
$309,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,841
Avg. Annual Appreciation
-2.02%
Original Mortgage
$301,150
Outstanding Balance
$292,607
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$16,552

Purchase Details

Closed on
Jul 28, 2011
Sold by
Fannie Mae
Bought by
Dube Chantal

Purchase Details

Closed on
Apr 28, 2011
Sold by
Pivovarov Jacob and Pivovarov Anna
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 7, 2004
Sold by
1600 Presidential Way Llc
Bought by
Pivovarov Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,400
Interest Rate
5.75%
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
Stone Stuart R $325,000 Optima Title
Stone Stuart R $325,000 Optima Title
Dube Chantal $89,900 Title & Abstract Agency Of A
Federal National Mortgage Association $8,300 None Available
Pivovarov Jacob $263,000 Trans State Title Ins Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stone Stuart R $301,150
Closed Stone Stuart R $301,150
Previous Owner Pivovarov Jacob $210,400
Closed Pivovarov Jacob $26,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2023 05/15/23 Sold $325,000 0.0% $198 / Sq Ft
04/15/2023 04/15/23 Pending -- -- --
02/21/2023 02/21/23 For Sale $325,000 -- $198 / 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 $5,423 $255,000 -- --
2023 $4,033 $162,140 $0 $0
2022 $3,588 $147,400 $0 $0
2021 $3,110 $134,000 $0 $134,000
2020 $3,095 $132,000 $0 $132,000
2019 $3,169 $137,000 $0 $137,000
2018 $2,863 $137,000 $0 $137,000
2017 $2,645 $127,000 $0 $0
2016 $2,584 $99,559 $0 $0
2015 $2,482 $90,508 $0 $0
2014 $2,288 $82,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michelle Coppola

    Seller's Agent in 2023

    Michelle Coppola

    RE/MAX

    (561) 252-2935

    1 in this area

    44 Total Sales

    Michelle Coppola
    Section Image

  • G

    Buyer's Agent in 2023

    GINA MARIE GANIM

    Echo Fine Properties

    (805) 318-0406

    1 in this area

    2 Total Sales

    GINA MARIE GANIM
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10867981

BeachesMLS

APN: 74-43-43-17-28-001-3070

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

1640 Presidential Way Unit 307, West Palm Beach, FL

This home is located at 1640 Presidential Way Unit 307, West Palm Beach, FL 33401 since 21 February 2023 and is currently estimated at $309,159, approximately $188 per square foot. This property was built in 2004. 1640 Presidential Way Unit 307 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 IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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