NOT LISTED FOR SALE

1731 Presidential Way Unit 2020 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $234,485 - $277,000

2 Beds
2 Baths
1,173 Sq Ft
$539/mo HOA Fee

Last Sold September 23, 2022

Last sale price $225,000 $192 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,447/month

13 Days on Market

Highlights

  • Gated with Attendant
  • Waterfront
  • Community Pool
  • Golf Course View
  • Screened Porch
  • Tennis Courts

About This Home

As of September 2022

Fantastic opportunity to refresh this golffront & waterfront 2 bed 2 bath, located in a quaint building, within a gated golf community. Great floorplan with two huge split bedrooms, each with en-suite bathroom & walk-in closet. Primary bedroom has bonus sitting room with wall to wall windows & tons of natural light. Living room & 2nd bedroom sliders open to a private screened patio to sip coffee/wine & enjoy the unobstructed views & hushed sounds of nature. Open dining room. Two front entrances. Washer/Dryer inside. Assigned parking in closest space. Storage unit included. Community pool is just steps away. Lands of the President is THE BEST location; <10 minutes to I95, Target, Whole Foods, Palm Beach Outlets, restaurants, PBI Airport, downtown & Palm Beach. Priced to make it your own!

Last Agent to Sell the Property

Brent Enck

Brent Enck, LLC License #3164160 Listed on: 08/09/2022

Co-Listed By

Kierra Enck

FiveSixOne Real Estate LLC License #3315108

Last Buyer's Agent

William Cummings

Century 21 America's Choice License #0517239

Century 21 America's Choice

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $856

Year Built

  • Built in 1971

Lot Details

  • Waterfront

HOA Fees

  • $539 Monthly HOA Fees

Home Design

  • Barrel Roof Shape
  • Concrete Roof

Interior Spaces

  • 1,173 Sq Ft Home
  • 2-Story Property
  • Screened Porch
  • Concrete Flooring
  • Golf Course Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434317060032020

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, ground maintenance, maintenance structure, parking, pest control, pool(s), reserve fund, roof, sewer, security, trash, water
  • Lands Of The President Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$856

Year Built

Built in 1971

Lot Details

0

HOA Fees

$539 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I95, exit east Palm Beach Lakes Blvd. North on Congress Ave. Right on Presidential Way. Check in at Guard Gate, Lands of the President. 1731 is on the left. Guest spaces avail.
  • Year Built: 1971
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Concrete, Other
  • Living Area: 1173.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Patio
  • View: Golf Course
  • Pool Features: None, Association, Community
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Patio, Screened
  • Property Condition: Resale
  • Roof: Barrel, Concrete

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Security: Gated with Guard, Security Guard, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 539.0
  • Community Features: Gated, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Reserve Fund, Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 74434317060032020
  • Zoning Description: Resident

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 856.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2022
Closed on
Sep 23, 2022
Sold by
Leavitt Michael
Bought by
Brunnick Elise
Seller's Agent
Brent Enck
Brent Enck, LLC
Buyer's Agent
William Cummings
Century 21 America's Choice
List Price
$255,000
Sold Price
$225,000
Premium/Discount to List
-$30,000
-11.76%
Current Estimated Value
$262,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,121
Avg. Annual Appreciation
6.08%
Original Mortgage
$168,750
Outstanding Balance
$162,989
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$101,789

Purchase Details

Closed on
May 1, 2007
Sold by
Cousins Merlyn
Bought by
Leavitt Michael and Leavitt Anna

Purchase Details

Closed on
Aug 16, 2001
Sold by
David J Wollman I
Bought by
Sheffield Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,325
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 1997
Sold by
Chabot Denis W and Chabot Monique C
Bought by
Cousins Merlyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Interest Rate
7.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 1995
Sold by
Lavoie Gaston L
Bought by
Chabot Denis W and Chabot Monique C
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 Buyer Sale Price Title Company
Brunnick Elise $225,000 New Path Title Llc
Leavitt Michael $139,900 Florida Guaranty Title & Esc
Sheffield Carol $72,500 --
Sheffield Carol -- --
Sheffield Carol -- --
Cousins Merlyn $55,000 --
Chabot Denis W $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brunnick Elise $168,750
Previous Owner Chabot Denis W $70,325
Previous Owner Chabot Denis W $38,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $225,000 -11.8% $192 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
08/09/2022 08/09/22 For Sale $255,000 -- $217 / 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 $5,435 $194,000 -- --
2023 $4,241 $196,000 $0 $196,000
2022 $850 $68,854 $0 $0
2021 $856 $66,849 $0 $0
2020 $856 $65,926 $0 $0
2019 $856 $64,444 $0 $0
2018 $776 $63,242 $0 $0
2017 $753 $61,941 $0 $0
2016 $758 $60,667 $0 $0
2015 $775 $60,245 $0 $0
2014 $781 $59,767 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10823469

BeachesMLS

APN: 74-43-43-17-06-003-2020