1640 Presidential Way Unit 507 West Palm Beach, FL 33401
Banyan Cay Neighborhood
3
Beds
2
Baths
1,638
Sq Ft
$471/mo
HOA Fee
Highlights
- 43,560 Sq Ft lot
- Community Pool
- Central Heating and Cooling System
- Great Room
- Ceramic Tile Flooring
- West Facing Home
About This Home
As of January 2021Beautiful upgraded condo located near downtown West Palm Beach. The interior has upgraded flooring. Beautiful granite kitchen with stainless steel appliances. Top floor unit.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,731
Year Built
- Built in 2004
HOA Fees
- $471 Monthly HOA Fees
Interior Spaces
- 1,638 Sq Ft Home
- Great Room
- Ceramic Tile Flooring
Kitchen
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Additional Features
- Exterior Lighting
- West Facing Home
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 74434317280015070
Community Details
Overview
- Association fees include management, common areas, insurance, ground maintenance, maintenance structure, parking, pest control, roof, security, water
- Park Place Condo Subdivision
- 5-Story Property
Recreation
- Community Pool
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
36
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.20%
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
7.46%
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
Map
Create a Home Valuation Report for This Property
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
Similar Homes in West Palm Beach, FL
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
| 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
Source: BeachesMLS
MLS Number: R10002193
APN: 74-43-43-17-28-001-5070
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.
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.
Nearby Homes
- 1640 Presidential Way Unit 105
- 1640 Presidential Way Unit 507
- 1650 Presidential Way Unit 404
- 1610 Presidential Way Unit 401
- 1620 Presidential Way Unit 110
- 1620 Presidential Way Unit 408
- 1500 Presidential Way Unit 5050
- 1500 Presidential Way Unit 2020
- 1500 Presidential Way Unit 6050
- 1500 Presidential Way Unit 805
- 1500 Presidential Way Unit 1020
- 1630 Embassy Dr Unit 102
- 1630 Embassy Dr Unit 110
- 1638 Embassy Dr Unit 411
- 1638 Embassy Dr Unit 306
- 1638 Embassy Dr Unit 112
- 1638 Embassy Dr Unit 103
- 1701 Presidential Way Unit 2030
- 1639 Embassy 101 Dr Unit 101
- 1705 Presidential Way Unit 1010