Park Place Condominiums 1650 Presidential Way Unit 404 West Palm Beach, FL 33401
Banyan Cay Neighborhood
3
Beds
2
Baths
1,638
Sq Ft
$528/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Sauna
- Water Views
- Marble Flooring
- Community Pool
About This Home
As of May 2020Come see this spacious condo with spectacular south city views. The open-concept kitchen includes newer stainless-steel appliances, granite countertops, and marble floors that extend to the living area which opens up to the balcony. Brand new carpet leads you to all 3 bedrooms including the enormous master bedroom featuring 2 walk-in closets and private en suite bath w/ brand new cabinets, remodeled shower, soaking tub, and dual sinks. Enjoy convenient in-residence laundry w/ high-efficiency washer & dryer located next to the second bath boasting brand new cabinetry as well. Relax & unwind in the pool, sauna, or fitness center. Park easily with 2 designated spaces & available guest parking. All of this situated close to dining, entertainment, shopping, beach, airport, and downtown.
Last Agent to Sell the Property
Douglas Elliman License #3350618 Listed on: 03/17/2020
Last Buyer's Agent
Stephen Engasser
RE/MAX Park Creek Realty Inc
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,221
Year Built
- Built in 2004
Lot Details
- Fenced
HOA Fees
- $528 Monthly HOA Fees
Property Views
- Water
Interior Spaces
- 1,638 Sq Ft Home
- Ceiling Fan
- Blinds
- Entrance Foyer
- Combination Dining and Living Room
- Security Gate
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Marble
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
- Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Over 1 Space Per Unit
- Open Parking
- Assigned Parking
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 74434317280014040
Community Details
Overview
- Association fees include management, common areas, insurance, legal/accounting, ground maintenance, maintenance structure, parking, pool(s), recreation facilities, reserve fund, roof, sewer, security, trash, water
- 99 Units
- High-Rise Condominium
- Park Place Condo Subdivision
- 5-Story Property
Amenities
- Doorman
- Elevator
Recreation
Security
- Security Guard
- Card or Code Access
- Impact Glass
- Fire and Smoke Detector
- Fire Sprinkler System
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
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
Similar Homes in West Palm Beach, FL
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
Home Values in the Area
Average Home Value in this Area
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
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 | $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
-
V
Seller Co-Listing Agent in 2020
Victoria Brewer
Serhant
(561) 339-5929
1 in this area
31 Total Sales
-
S
Buyer's Agent in 2020
Stephen Engasser
RE/MAX
-
Buyer's Agent in 2020
Stephen Engasser
EXP Realty LLC
(954) 551-1987
51 Total Sales
-
Seller's Agent in 2019
Kevin Mejia
Keller Williams Realty Consultants
(954) 294-3088
2 in this area
126 Total Sales
-
P
Buyer's Agent in 2019
Peter Gemmi
Inactive member
About Park Place Condominiums
Map
Source: BeachesMLS
MLS Number: R10610838
APN: 74-43-43-17-28-001-4040
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