NOT LISTED FOR SALE

1801 Presidential Way Unit 2020 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $266,914 - $279,000

2 Beds
2 Baths
1,173 Sq Ft
$496/mo HOA Fee

Last Sold May 21, 2021

Last sale price $175,000 $149 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,255/month

11 Days on Market

Highlights

  • Gated with Attendant
  • Community Pool
  • Card or Code Access
  • Garden View
  • Walk-In Closet
  • Ceramic Tile Flooring

About This Home

As of May 2021

Beautiful 2nd floor 2 bedroom 2 bath condo with 2 master suites located in prestigious gated community of Lands of the President. Walk downstairs to the beautiful swimming pool. Unit also comes with assigned parking and has accordion hurricane shutters and personal Washer & Dryer in the unit. Walking distance to Jack Nicklaus Banyan Cay Golf course. Great Location near Palm Beach Outlets, Downtown West Palm Beach, Airport, Beaches, Kravis Center & I-95. Low HOA which includes Water, Cable and Wifi.

Last Agent to Sell the Property

Hector Vazquez

Premier Brokers International License #3383823 Listed on: 04/09/2021

Premier Brokers International

Last Buyer's Agent

Anjali Etwaru

Coldwell Banker Realty /Delray Beach License #3479049

Coldwell Banker Realty /Delray Beach

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $440

Year Built

  • Built in 1971

Lot Details

  • 3.64

HOA Fees

  • $496 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,173 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Garden Views
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Parking

  • Guest Parking
  • Open Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434317060042020

Community Details

Overview

  • Association fees include cable TV, maintenance structure, pool(s), sewer, trash, water
  • Lands Of The President Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$440

Year Built

Built in 1971

Lot Details

0

HOA Fees

$496 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 to Exit 71 Palm Beach Lakes Blvd East, left on N. Congress & right at first traffic light on Presidential Way. Go past security guard gatehouse building on the left & park at guest parking.
  • Year Built: 1971
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1173.0
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • View: Garden
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Gated with Guard, Key Card Entry, Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Association Fee: 496.0
  • Community Features: Gated, Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Cable TV, Maintenance Structure, Pool(s), Sewer, Trash, Water

Lot Info

  • Parcel #: 74434317060042020
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 440.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 21, 2021
Sold by
Giambruno Roy
Bought by
Gerbino Joseph J and Gerbino Grace
Seller's Agent
Hector Vazquez
Premier Brokers International
Buyer's Agent
Anjali Etwaru
Coldwell Banker Realty /Delray Beach
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%
Current Estimated Value
$271,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,979
Avg. Annual Appreciation
11.95%
Original Mortgage
$119,250
Outstanding Balance
$92,330
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$193,249

Purchase Details

Closed on
May 12, 2003
Sold by
Giambruno Roy
Bought by
Giambruno Roy and Giambruno Leslie Renee

Purchase Details

Closed on
Jun 3, 2002
Sold by
Goldstein Jerrold L and Goldstein Lois
Bought by
Giambruno Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.32%

Purchase Details

Closed on
Feb 12, 2002
Sold by
Goldstein Lillian
Bought by
Goldstein Jerrold L and Goldstein Lois E
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Gerbino Joseph J $175,000 Attorney
Giambruno Roy -- --
Giambruno Roy $80,000 Flagler Title Company
Goldstein Jerrold L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerbino Joseph J $119,250
Previous Owner Giambruno Roy $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $175,000 -2.8% $149 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $180,000 -- $153 / 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 $3,878 $173,030 -- --
2023 $3,694 $157,300 $0 $0
2022 $3,214 $143,000 $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: R10706803

BeachesMLS

APN: 74-43-43-17-06-004-2020