NOT LISTED FOR SALE

1640 Presidential Way Unit 405 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $272,000 - $319,000

3 Beds
2 Baths
1,638 Sq Ft
4.14 Acres

Last Sold March 31, 2017

Last sale price $164,900 $101 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,721/month

Highlights

  • Gated Community
  • Marble Flooring
  • Furnished
  • Clubhouse
  • Jettted Tub and Separate Shower in Primary Bathroom
  • Community Pool

About This Home

As of October 2024

Escape to Park Place, a gated condo community near shopping, dining, and the airport. Enjoy marble floors, granite countertops, stainless steel appliances, a private balcony, and community amenities like pool, sauna, and fitness center. Sleeps up to four with a king-sized master, queen in the second, and a home office with a queen sofa. Turn key with two parking spaces makes this three bedroom condo ideal for your extended stay--schedule your visit today.

Last Agent to Rent the Property

Natasha Lavard

Engel & Voelkers Delray Beach License #3385139 Listed on: 07/24/2024

Engel & Voelkers Delray Beach

Last Renter's Agent

Jelena Mancevic

KW Reserve Palm Beach License #3510896

KW Reserve Palm Beach

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,356

Year Built

  • Built in 2004

Lot Details

  • 4.14

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,638 Sq Ft Home
  • Furnished
  • Marble Flooring
  • Security Gate

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Over 1 Space Per Unit
  • Guest Parking
  • Open Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $500
  • Property Available on 8/1/24
  • Assessor Parcel Number 74434317280014050

Community Details

Overview

  • 99 Units
  • Park Place Condo Subdivision

Amenities

  • Clubhouse
  • Billiard Room

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site
  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,356

Year Built

Built in 2004

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water
  • Available Date: 2024-08-01
  • Security Deposit: 500.0

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Congress Ave to Presidential Way. Near Tanger Outlets. Park in Vistors parking. Walk to gate and ring bell.
  • Year Built: 2004
  • Entry Level: 3
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Jetted Tub, Separate Shower
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Marble
  • Living Area: 1638.0

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Patio And Porch Features: Porch

Garage/Parking

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

Utilities

  • Security: Security Gate
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Billiard Room, Clubhouse, Management, Pool
  • Pets Allowed: No

Lot Info

  • Parcel #: 74434317280014050
  • Land Lease Amount Frequency: Monthly
  • Lot Size: Sidewalks

Multi Family

  • Number Of Units In Community: 99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2019
Sold by
Chavarria Javier and Chavarria Rosas
Bought by
Chavarria Javier
Current Estimated Value
$290,796

Purchase Details

Listed on
Dec 11, 2016
Closed on
Mar 31, 2017
Sold by
Seaside Management Group Llc
Bought by
Chavarria Javier
Seller's Agent
Aimee Burroughs
The Agency Florida LLC
Buyer's Agent
Tracy Ward
Douglas Elliman (Jupiter)
List Price
$184,900
Sold Price
$164,900
Premium/Discount to List
-$20,000
-10.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%
Original Mortgage
$110,000
Outstanding Balance
$91,411
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$199,385

Purchase Details

Listed on
Dec 11, 2016
Closed on
Mar 1, 2017
Bought by
Chavarria Javier
Seller's Agent
Aimee Burroughs
The Agency Florida LLC
Buyer's Agent
Tracy Ward
Douglas Elliman (Jupiter)
List Price
$184,900
Sold Price
$164,900
Premium/Discount to List
-$20,000
-10.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Outstanding Balance
$91,411
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$199,385

Purchase Details

Listed on
Sep 13, 2013
Closed on
Jan 22, 2014
Sold by
Harris Kenneth and Halpen Ruth
Bought by
Halpern Ruth and Seaside Management Group Llc
Seller's Agent
Aira Ilao
LISTWITHFREEDOM.COM
List Price
$165,000
Sold Price
$150,000
Premium/Discount to List
-$15,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.01%

Purchase Details

Listed on
Sep 19, 2012
Closed on
Jan 14, 2013
Sold by
Polosin Vladimir and Romanovskaya Irina
Bought by
Harris Kenneth
Seller's Agent
Jurij Fraifeld
VIRTUAL HOMES REALTY
Buyer's Agent
NON MLS
NON MLS
List Price
$70,000
Sold Price
$73,000
Premium/Discount to List
$3,000
4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
104.02%
Original Mortgage
$54,750
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2004
Sold by
1600 Presidential Way Llc
Bought by
Polosin Vladimir and Romanovskaya Irina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,100
Interest Rate
5%
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
Chavarria Javier -- None Available
Chavarria Javier $194,600 First International Title In
Chavarria Javier $164,900 --
Halpern Ruth $150,000 Exclusive Title Company Inc
Harris Kenneth $73,000 Executive Title Inc
Polosin Vladimir $253,900 Trans State Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavarria Javier $110,000
Previous Owner Harris Kenneth $54,750
Previous Owner Polosin Vladimir $203,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2024 10/25/24 Rented $2,900 0.0% --
10/06/2024 10/06/24 Under Contract -- -- --
07/25/2024 07/25/24 For Rent $2,900 0.0% --
12/17/2023 12/17/23 Off Market $73,000 -- --
12/15/2023 12/15/23 Rented $3,100 0.0% --
10/26/2023 10/26/23 Under Contract -- -- --
09/08/2023 09/08/23 Price Changed $3,100 -6.1% $2 / Sq Ft
08/15/2023 08/15/23 For Rent $3,300 0.0% --
03/31/2017 03/31/17 Sold $164,900 -10.8% $101 / Sq Ft View Prior Sale
03/01/2017 03/01/17 Pending -- -- --
12/11/2016 12/11/16 For Sale $184,900 +23.3% $113 / Sq Ft
01/21/2014 01/21/14 Sold $150,000 -9.1% $92 / Sq Ft View Prior Sale
12/22/2013 12/22/13 Pending -- -- --
09/13/2013 09/13/13 For Sale $165,000 +126.0% $101 / Sq Ft
01/18/2013 01/18/13 Sold $73,000 +4.3% $45 / Sq Ft View Prior Sale
01/01/2013 01/01/13 Pending -- -- --
09/19/2012 09/19/12 For Sale $70,000 -- $43 / 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 $2,356 $147,367 -- --
2023 $2,282 $143,075 $0 $0
2022 $2,237 $138,908 $0 $0
2021 $2,213 $134,862 $0 $0
2020 $2,194 $133,000 $0 $133,000
2019 $3,258 $138,000 $0 $138,000
2018 $3,134 $138,000 $0 $138,000
2017 $2,932 $128,000 $0 $0
2016 $3,104 $133,000 $0 $0
2015 $3,072 $128,000 $0 $0
2014 $2,801 $115,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Natasha Lavard

    Landlord's Agent in 2024

    Natasha Lavard

    Engel & Voelkers Delray Beach

    (856) 542-4371

    1 in this area

    3 Total Sales

    Natasha Lavard
    Section Image

  • J

    Tenant's Agent in 2024

    Jelena Mancevic

    KW Reserve Palm Beach

    (561) 355-0270

    1 in this area

    18 Total Sales

    Jelena Mancevic
    Section Image

  • G

    Buyer's Agent in 2023

    Gabriela Fonseca

    Balistreri Real Estate Inc

    (954) 225-3694

    1 Total Sale

    Gabriela Fonseca
    Section Image

  • A

    Seller's Agent in 2017

    Aimee Burroughs

    The Agency Florida LLC

    (561) 465-8500

    2 in this area

    131 Total Sales

    Aimee Burroughs
    Section Image
  • Tracy Ward

    Buyer's Agent in 2017

    Tracy Ward

    Douglas Elliman (Jupiter)

    (561) 427-6100

    109 Total Sales

    Tracy Ward
    Section Image

  • A

    Seller's Agent in 2014

    Aira Ilao

    LISTWITHFREEDOM.COM

    (855) 456-4945

    1 in this area

    598 Total Sales

    Aira Ilao
    Section Image
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Map

Source: BeachesMLS

MLS Number: R11007166

BeachesMLS

APN: 74-43-43-17-28-001-4050

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

1640 Presidential Way Unit 405, West Palm Beach, FL

This home is located at 1640 Presidential Way Unit 405, West Palm Beach, FL 33401 since 24 July 2024 and is currently priced at $290,796. This property was built in 2004. 1640 Presidential Way Unit 405 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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