1640 Presidential Way Unit 507 West Palm Beach, FL 33401
Banyan Cay Neighborhood
3
Beds
2
Baths
1,638
Sq Ft
$566/mo
HOA Fee
Highlights
- Gated Community
- Marble Flooring
- Community Pool
- Clubhouse
- Sauna
- Walk-In Closet
About This Home
As of January 2021Amazing city and new Golf Course views.Nicely decorated unit in luxury condo building with high-end finishes. This unit features an open balcony, high ceilings, ample closets, granite countertops, new stainless steel appliances, ,wine cooler,laminate floors. The master suite includes an extra large bedroom, walk-in closets, en-suite bathroom featuring double sinks, and separate oversized shower. Enjoy the community's pool, spacious gym and sauna. This property is centrally located to the best restaurants, entertainment,, attractions, I-95, Palm Beach International Airport, Downtown West Palm Beach, and the Palm Beach Outlets which is in walking distance. Owner occupied Appointment required. All measurements are approximate.
Last Agent to Sell the Property
Partnership Realty Inc. License #3322187 Listed on: 11/08/2020
Last Buyer's Agent
Michael Riordan
Century 21 Realty Professionals License #3316837
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,216
Year Built
- Built in 2004
HOA Fees
- $566 Monthly HOA Fees
Interior Spaces
- 1,638 Sq Ft Home
- Furnished or left unfurnished upon request
Kitchen
- Electric Range
- Microwave
- Dishwasher
Flooring
- Laminate
- Marble
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 74434317280015070
Community Details
Overview
- Association fees include common areas, maintenance structure, sewer, security, trash, water
- Park Place Condo Subdivision
- 5-Story Property
Amenities
- Sauna
- Clubhouse
Recreation
- Community Pool
Pet Policy
- Pets Allowed
Security
- Resident Manager or Management On Site
- Gated Community
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 8, 2020
Closed on
Jan 26, 2021
Sold by
Bk Investment Group Llc
Bought by
Galindo Rudolph Raphael
Seller's Agent
Murat Egelierler
Partnership Realty Inc.
Buyer's Agent
Michael Riordan
Century 21 Realty Professionals
List Price
$195,500
Sold Price
$188,500
Premium/Discount to List
-$7,000
-3.58%
Total Days on Market
48
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.91%
Original Mortgage
$171,000
Outstanding Balance
$154,433
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$142,526
Purchase Details
Closed on
Feb 11, 2020
Sold by
Kiris Bilhan
Bought by
Bk Investment Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.72%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Dec 19, 2013
Closed on
Jan 16, 2014
Sold by
Hsbc Bank Usa National Association
Bought by
Kiris Bilhan
Seller's Agent
Scott Hamilton
United Realty Consultants
Buyer's Agent
MINE PARK
United Realty Group Inc
List Price
$134,900
Sold Price
$132,500
Premium/Discount to List
-$2,400
-1.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%
Purchase Details
Closed on
Oct 8, 2013
Sold by
Jones Danny J and Thompson Matthew M
Bought by
Hsbc Bank Usa National Association
Purchase Details
Closed on
Mar 17, 2005
Sold by
1600 Presidential Way Llc
Bought by
Thompson Matthew M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,950
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
Similar Homes in West Palm Beach, FL
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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 | $188,500 | Partnership T&E Llc | |
| Warranty Deed | -- | Attorney | |
| Special Warranty Deed | $132,500 | Servicelink | |
| Trustee Deed | $59,900 | None Available | |
| Warranty Deed | $268,900 | Statewide Title Corporation |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $171,000 | New Conventional | |
| Previous Owner | $75,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $288,000 | Balloon | |
| Previous Owner | $226,950 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2024 09/12/24 | For Sale | $295,000 | +56.5% | $180 / Sq Ft |
| 01/26/2021 01/26/21 | Sold | $188,500 | -3.6% | $115 / Sq Ft |
| 12/27/2020 12/27/20 | Pending | -- | -- | -- |
| 11/08/2020 11/08/20 | For Sale | $195,500 | +47.5% | $119 / Sq Ft |
| 02/24/2014 02/24/14 | Sold | $132,500 | -1.8% | $81 / Sq Ft |
| 01/25/2014 01/25/14 | Pending | -- | -- | -- |
| 12/19/2013 12/19/13 | For Sale | $134,900 | -- | $82 / Sq Ft |
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 | $3,661 | $211,141 | -- | -- |
| 2023 | $3,558 | $204,991 | $0 | $0 |
| 2022 | $3,504 | $199,020 | $0 | $0 |
| 2021 | $3,197 | $138,000 | $0 | $138,000 |
| 2020 | $2,216 | $134,000 | $0 | $134,000 |
| 2019 | $2,245 | $134,211 | $0 | $0 |
| 2018 | $2,080 | $131,709 | $0 | $0 |
| 2017 | $2,026 | $129,000 | $0 | $0 |
| 2016 | $2,182 | $134,000 | $0 | $0 |
| 2015 | $3,095 | $129,000 | $0 | $0 |
| 2014 | -- | $115,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Devin Cobb
Seller's Agent in 2024
Devin Cobb
Keller Williams Elite Realty 2
(561) 325-9594
31 Total Sales
-
Murat Egelierler
M
Seller's Agent in 2021
Murat Egelierler
Partnership Realty Inc.
(561) 633-1283
10 in this area
33 Total Sales
-
M
Buyer's Agent in 2021
Michael Riordan
Century 21 Realty Professionals
-
Scott Hamilton
S
Seller's Agent in 2014
Scott Hamilton
United Realty Consultants
(954) 868-5555
9 Total Sales
-
MINE PARK
Buyer's Agent in 2014
MINE PARK
United Realty Group Inc
(561) 866-7534
26 Total Sales
Map
Source: BeachesMLS
MLS Number: R10669673
APN: 74-43-43-17-28-001-5070
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