NOT LISTED FOR SALE

1801 Presidential Way Unit 1040 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $240,467 - $292,000

2 Beds
2 Baths
1,322 Sq Ft
$416/mo HOA Fee

Last Sold January 31, 2013

Last sale price $90,000 $68 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $2,274/month

179 Days on Market

Highlights

  • Golf Course Community
  • Golf Course View
  • Community Pool
  • Gated with Attendant
  • Sun or Florida Room
  • Tennis Courts

About This Home

As of January 2013

Beautiful true 2 bedroom, 2 bath condo directly on the golf course. Large bedrooms, BIG walk in master closet, two outdoor patio areas, screened in porch ''lounge'', etc.. Lots of natural light. Pool just steps from unit. Aggressively priced to sell.

Last Agent to Sell the Property

David Gates

Keller Williams Realty Of The Treasure Coast License #3113808 Listed on: 07/05/2012

Keller Williams Realty Of The Treasure Coast

Last Buyer's Agent

Nancy Lasko

Coastline Realty, Inc. License #3079424

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $791

Year Built

  • Built in 1971

Lot Details

  • East Facing Home

HOA Fees

  • $416 Monthly HOA Fees

Interior Spaces

  • 1,322 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Sun or Florida Room
  • Ceramic Tile Flooring
  • Golf Course Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Over 1 Space Per Unit
  • Guest Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 74434317060041040

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, ground maintenance, maintenance structure, pool(s), trash, water
  • Lands President Condo 01 Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$791

Year Built

Built in 1971

Lot Details

0

HOA Fees

$416 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Congress to Presidential Way to condo unit D-104
  • Year Built: 1971
  • Special Features: 12

Interior Features

  • Interior Amenities: Stacked Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1322.0
  • Dining Room Type: Family Room, Florida Room, Storage Room
  • Stories: 1

Exterior Features

  • View: Golf Course
  • Pool Features: None, Community
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East

Garage/Parking

  • Parking Features: Assigned, Guest, Two or More Spaces

Utilities

  • Security: Gated with Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 416.0
  • Community Features: Golf, Golf Course Community, Pool, Tennis Court(s)
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Trash, Water

Lot Info

  • Parcel #: 74434317060041040
  • Zoning Description: Res

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 791.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2012
Closed on
Jan 31, 2013
Sold by
Lleana Mihal and Lleana Ana
Bought by
Liollios Demetrios James and Liolios Maria Teresa
Seller's Agent
David Gates
Keller Williams Realty Of The Treasure Coast
Buyer's Agent
Nancy Lasko
Coastline Realty, Inc.
List Price
$70,000
Sold Price
$90,000
Premium/Discount to List
$20,000
28.57%
Current Estimated Value
$276,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,117
Avg. Annual Appreciation
10.13%

Purchase Details

Closed on
Aug 30, 2007
Sold by
Becker Michael C
Bought by
Ileana Mihal and Ileana Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2002
Sold by
Sanders Bella
Bought by
Schilling Robert 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
Liollios Demetrios James $90,000 Attorney
Ileana Mihal $205,000 Attorney
Schilling Robert C $93,000 Flagler Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ileana Mihal $184,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2013 01/31/13 Sold $90,000 +28.6% $68 / Sq Ft
01/01/2013 01/01/13 Pending -- -- --
07/05/2012 07/05/12 For Sale $70,000 -- $53 / 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 $3,823 $159,720 -- --
2023 $3,645 $145,200 $0 $0
2022 $3,162 $132,000 $0 $0
2021 $2,806 $120,000 $0 $120,000
2020 $2,941 $125,000 $0 $125,000
2019 $3,328 $170,000 $0 $170,000
2018 $2,845 $145,000 $0 $145,000
2017 $2,567 $125,000 $0 $0
2016 $2,369 $95,700 $0 $0
2015 $2,127 $87,000 $0 $0
2014 $1,987 $80,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3293569

BeachesMLS

APN: 74-43-43-17-06-004-1040