NOT LISTED FOR SALE

1801 Presidential Way Unit 2040 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $240,000 - $320,000

2 Beds
2 Baths
1,322 Sq Ft
$560/mo HOA Fee

Last Sold June 17, 2022

Last sale price $260,500 $197 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,345/month

49 Days on Market

Highlights

  • Golf Course Community
  • Fruit Trees
  • Sun or Florida Room
  • Gated Community
  • Wood Flooring
  • Community Pool

About This Home

As of June 2022

Live on the 10th hole of the beautiful new Banyan Cay Country Club, with no mandatory membership. Conveniently located within walking distance of the Palm Beach Outlets and Whole Foods Market. Minutes from I-95 and a short drive from the Intracoastal and Palm Beach. Fully renovated large corner unit with new kitchen, bathrooms and A/C. Large outdoor space off living room and both bedrooms. Available furnished if desired. Showings begin after 4/5/22.

Last Agent to Sell the Property

Mark Roberto

Sycamore Realty & Investments License #3216281 Listed on: 03/29/2022

Last Buyer's Agent

Christian Rockwell

LoKation License #3488366

LoKation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,890

Year Built

  • Built in 1971

Lot Details

  • 3.64

HOA Fees

  • $560 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,322 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Bar
  • Skylights
  • Family Room
  • Sun or Florida Room
  • Screened Porch

Kitchen

  • Electric Range
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Fruit Trees

Listing and Financial Details

  • Assessor Parcel Number 74434317060042040

Community Details

Overview

  • Lands Of The President Co Subdivision

Amenities

  • Bike Room
  • Community Storage Space

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,890

Year Built

Built in 1971

Lot Details

0

HOA Fees

$560 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Congress just north of Palm Beach Lakes. Directly across from Palm Beach Outlets.
  • Year Built: 1971
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Skylights, Bar, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Wood
  • Living Area: 1322.0
  • Dining Room Type: Family Room, Florida Room, Laundry, Storage Room
  • Stories: 2
  • Window Features: Skylight(s)

Exterior Features

  • Exterior Features: Enclosed Porch, Fruit Trees, Patio
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Patio And Porch Features: Patio, Porch, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 560.0
  • Community Features: Golf, Golf Course Community, Gated, Pool, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Bike Storage, Golf Course, Pool, Storage, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 74434317060042040
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1890.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2022
Closed on
Jun 17, 2022
Sold by
Roberto Mark A
Bought by
Graudinis Goda
Seller's Agent
Mark Roberto
Sycamore Realty & Investments
Buyer's Agent
Christian Rockwell
LoKation
List Price
$289,000
Sold Price
$260,500
Premium/Discount to List
-$28,500
-9.86%
Current Estimated Value
$278,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,383
Avg. Annual Appreciation
4.37%
Original Mortgage
$186,000
Interest Rate
5.78%

Purchase Details

Listed on
Mar 12, 2019
Closed on
May 23, 2019
Sold by
Marion Thomas and Marion Beth
Bought by
Roberto Mark A
Seller's Agent
Sabra Kirkpatrick
Brown Harris Stevens of Palm Beach 7232
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.72%

Purchase Details

Closed on
Oct 8, 2004
Sold by
Cesareo Mary and Licata Frank
Bought by
Marion Thomas and Marion Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Graudinis Goda $260,500 New Path Title Llc
Roberto Mark A $120,000 Equity Land Title Llc
Marion Thomas $157,000 Flagler Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Graudinis Goda $186,000
Previous Owner Palmsicle Properties Llc $82,000
Previous Owner Marion Thomas $125,600
Previous Owner Licata Frank J $68,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $260,500 -9.9% $197 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $289,000 +140.8% $219 / Sq Ft
05/23/2019 05/23/19 Sold $120,000 0.0% $91 / Sq Ft
05/23/2019 05/23/19 Sold $120,000 0.0% $91 / Sq Ft
05/08/2019 05/08/19 Pending -- -- --
04/23/2019 04/23/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $120,000 -11.1% $91 / Sq Ft
02/12/2019 02/12/19 For Sale $135,000 -- $102 / 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 $3,740 $215,000 -- --
2023 $3,805 $217,000 $0 $217,000
2022 $1,914 $123,600 $0 $0
2021 $1,890 $120,000 $0 $120,000
2020 $2,018 $125,000 $0 $125,000
2019 $3,145 $170,000 $0 $170,000
2018 $2,678 $145,000 $0 $145,000
2017 $2,414 $125,000 $0 $0
2016 $2,228 $86,515 $0 $0
2015 $1,997 $78,650 $0 $0
2014 $1,853 $71,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10787422

BeachesMLS

APN: 74-43-43-17-06-004-2040