$151,000
SOLD JUN 14, 2019

Park Place Condominiums 1650 Presidential Way Unit 404 West Palm Beach, FL 33401

Banyan Cay Neighborhood
3 Beds
2 Baths
1,638 Sq Ft
$497/mo HOA Fee

Recently Sold

$92 Per Sq Ft

1% Above List Price

39 Days on Market

Highlights

  • Fitness Center
  • Vaulted Ceiling
  • Marble Flooring
  • Clubhouse
  • Roman Tub
  • Garden View

About This Home

As of May 2020

WEST PALM BEACH: LOCATION, LOCATION, LOCATION! BEAUTIFUL 3B/2B LOCATED AT GATED PARK PLACE COMMUNITY, ACROSS FROM PALM BEACH OUTLETS! AN ALL AGE COMMUNITY! HOME INCLUDES TILE & CARPET FLOORING THROUGHOUT. WASHER & DRYER INSIDE THE UNIT! HUGE MASTER BEDROOM WITH WALK-IN CLOSETS. UPDATED KITCHEN WITH S/S APPLIANCES & GRANITE COUNTER-TOPS. ENJOY THE OPEN BALCONY WITH VIEW TO THE CITY AND POOL AREA. PET FRIENDLY COMMUNITY. AMENITIES INCLUDES, THE CLUBHOUSE, POOL, SAUNA, FITNESS CENTER, POOL TABLE, ELEVATORS, GUARD-AT-SITE, AUTOMATIC GATES & MORE! PROPERTY IS NEARBY SCHOOLS, PARK, DOWNTOWN WEST PALM BEACH, I-95, AND OTHER MAJOR HIGHWAYS! WHY RENT WHEN YOU CAN HAVE ALL THIS FOR LESS THAN $150,000?! SCHEDULE YOUR PRIVATE SHOWING TODAY BEFORE ITS TOO LATE!

Last Agent to Sell the Property

Kevin Mejia

Keller Williams Realty Consultants License #3378230 Listed on: 04/05/2019

Keller Williams Realty Consultants

Last Buyer's Agent

Peter Gemmi

Inactive member License #3085977

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,058

Year Built

  • Built in 2004

HOA Fees

  • $497 Monthly HOA Fees

Property Views

  • Garden

Interior Spaces

  • 1,638 Sq Ft Home
  • Vaulted Ceiling
  • Open Floorplan

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Detached Carport Spaces
  • Over 1 Space Per Unit

Outdoor Features

  • Balcony
  • Open Patio

Additional Features

  • East Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 73434317280014040

Community Details

Overview

  • Association fees include all facilities, management, common areas, ground maintenance, parking, pest control, pool(s), reserve fund, roof, sewer, security, trash, water
  • 99 Units
  • Park Place Condominium Subdivision
  • 5-Story Property

Amenities

  • Billiard Room
  • Community Storage Space
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,058

Year Built

Built in 2004

Lot Details

0

HOA Fees

$497 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Merge onto I-95 N, Take exit 71 for Palm Beach Lakes Blvd, Turn right onto Palm Beach Lakes Blvd, Turn left onto N Congress Ave, Turn right onto Presidential Way, Destination will be on the right
  • Year Built: 2004
  • Carport Y N: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Bedroom on Main Level, Closet Cabinetry, Elevator, Garden Tub/Roman Tub, Kitchen/Dining Combo, Living/Dining Room, Main Living Area Entry Level, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Marble
  • Living Area: 1638.0
  • Dining Room Type: Storage Room
  • Stories: 5
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Barbecue, Security/High Impact Doors, Patio
  • View: Garden, Pool
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Carport Spaces: 2.0
  • Garage Yn: No
  • Parking Features: Detached Carport, Two or More Spaces

Utilities

  • Security: Complex Fenced, Elevator Secured, Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 497.0
  • Senior Community: No
  • Amenities: Billiard Room, Clubhouse, Fitness Center, Pool, Sauna, Storage, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No Pet Restrictions, Yes

Fee Information

  • Association Fee Includes: All Facilities, Association Management, Common Areas, Maintenance Grounds, Parking, Pest Control, Pool(s), Reserve Fund, Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 73434317280014040

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2058.0

Multi Family

  • Number Of Units In Community: 99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2020
Closed on
May 20, 2020
Sold by
Rothrock John P
Bought by
Pacheco Maria Fe Arrese
Seller's Agent
MICHELLE ESPOSITO, PA
Douglas Elliman
Buyer's Agent
Stephen Engasser
RE/MAX Park Creek Realty Inc
List Price
$185,000
Sold Price
$160,000
Premium/Discount to List
-$25,000
-13.51%
Current Estimated Value
$304,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,703
Avg. Annual Appreciation
12.88%
Original Mortgage
$128,000
Outstanding Balance
$114,903
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$185,923

Purchase Details

Listed on
Apr 5, 2019
Closed on
Jun 13, 2019
Sold by
Sharpe Khaliq
Bought by
Rothrock John P
Seller's Agent
Kevin Mejia
Keller Williams Realty Consultants
Buyer's Agent
Peter Gemmi
Inactive member
List Price
$150,000
Sold Price
$151,000
Premium/Discount to List
$1,000
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%

Purchase Details

Closed on
Oct 18, 2010
Sold by
Aurora Loan Services Llc
Bought by
Sharpe Khaliq

Purchase Details

Closed on
May 13, 2010
Sold by
Katorcha Svetlana and Park Place Condominium Associa
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Apr 21, 2006
Sold by
Katorcha Svetlana
Bought by
Katorcha Svetlana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 11, 2004
Sold by
1600 Presidential Way Llc
Bought by
Katorcha Svetlana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,400
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $160,000 Corporate Title Inc
Warranty Deed $151,000 Attorney
Special Warranty Deed $75,000 Attorney
Trustee Deed $58,500 None Available
Interfamily Deed Transfer -- None Available
Corporate Deed $234,900 Trans State Title Ins Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $128,000 New Conventional
Previous Owner $240,000 Fannie Mae Freddie Mac
Previous Owner $211,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2020 05/20/20 Sold $160,000 -13.5% $98 / Sq Ft
04/20/2020 04/20/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $185,000 +22.5% $113 / Sq Ft
06/14/2019 06/14/19 Sold $151,000 +0.7% $92 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $150,000 -- $92 / Sq Ft
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 $2,382 $148,610 -- --
2023 $2,307 $144,282 $0 $0
2022 $2,262 $140,080 $0 $0
2021 $2,238 $136,000 $0 $136,000
2020 $813 $59,844 $0 $0
2019 $2,222 $133,171 $0 $0
2018 $2,058 $130,688 $0 $0
2017 $2,004 $128,000 $0 $0
2016 $2,591 $99,559 $0 $0
2015 $2,490 $90,508 $0 $0
2014 $2,288 $82,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    MICHELLE ESPOSITO, PA

    Douglas Elliman

    (561) 655-8600

    16 Total Sales

    Section Image

  • V

    Seller Co-Listing Agent in 2020

    Victoria Brewer

    Serhant

    (561) 339-5929

    1 in this area

    31 Total Sales

    Section Image

  • S

    Buyer's Agent in 2020

    Stephen Engasser

    RE/MAX

  • Stephen Engasser

    Buyer's Agent in 2020

    Stephen Engasser

    EXP Realty LLC

    (954) 551-1987

    51 Total Sales

    Section Image
  • Kevin Mejia

    Seller's Agent in 2019

    Kevin Mejia

    Keller Williams Realty Consultants

    (954) 294-3088

    2 in this area

    126 Total Sales

    Section Image

  • P

    Buyer's Agent in 2019

    Peter Gemmi

    Inactive member

See All Agents

About Park Place Condominiums

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10167365

BeachesMLS (Greater Fort Lauderdale)

APN: 74-43-43-17-28-001-4040

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

1650 Presidential Way Unit 404, West Palm Beach, FL

This home is located at 1650 Presidential Way Unit 404, West Palm Beach, FL 33401 and is currently priced at $151,000, approximately $92 per square foot. This property was built in 2004. 1650 Presidential Way Unit 404 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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