$120,000
SOLD MAY 23, 2019

1801 Presidential Way Unit 2040 West Palm Beach, FL 33401

Banyan Cay Neighborhood
2 Beds
2 Baths
1,322 Sq Ft
$473/mo HOA Fee

Recently Sold

$91 Per Sq Ft

11% Below List Price

69 Days on Market

Highlights

  • Golf Course Community
  • Golf Course View
  • Wood Flooring
  • Gated with Attendant
  • 158,712 Sq Ft lot
  • Separate Shower in Primary Bathroom

About This Home

As of June 2022

Beautiful 2 bedroom, 2 bath unit in the highly desired Land of the Presidents. This unit is located on the second floor with great views of the golf course from the large screened in balcony. No golf membership required! Close to I-95 and Palm Beach Outlets.

Last Agent to Sell the Property

Sabra Kirkpatrick

Brown Harris Stevens of PB License #3228432 Listed on: 02/12/2019

Brown Harris Stevens of PB

Co-Listed By

Sarah Koenig

Brown Harris Stevens of PB License #3298885

Last Buyer's Agent

Mark Roberto

Sycamore Realty & Investments License #3216281

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,678

Year Built

  • Built in 1971

HOA Fees

  • $473 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Golf Course
  • Garden

Home Design

  • Entry on the 2nd floor
  • Barrel Roof Shape

Interior Spaces

  • 1,322 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434317060042040

Community Details

Overview

  • Association fees include cable TV, insurance, ground maintenance, maintenance structure, pool(s), roof, security
  • Lands Of The President Co Subdivision

Recreation

  • Golf Course Community

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,678

Year Built

Built in 1971

Lot Details

0

HOA Fees

$473 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95, East on Palm Beach Lake Blvd, left on Congress, right on Land of Presidents, go through security gate, continue on until you see building 1801 on your left.
  • Year Built: 1971
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Living/Dining Room, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile, Wood
  • Living Area: 1322.0
  • Dining Room Type: Laundry
  • Stories: 2

Exterior Features

  • Exterior Features: Patio
  • View: Golf Course, Garden
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Security: Gated with Guard, Security Guard
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Association Fee: 473.0
  • Community Features: Golf, Golf Course Community
  • Senior Community: No
  • Amenities: Golf Course
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Roof, Security

Lot Info

  • Parcel #: 74434317060042040
  • Lot Size Sq Ft: 158712.0
  • Zoning Description: MF32(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2678.0

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:

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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 Type Sale Price Title Company
Warranty Deed $260,500 New Path Title Llc
Warranty Deed $120,000 Equity Land Title Llc
Warranty Deed $157,000 Flagler Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $186,000 No Value Available
Previous Owner $82,000 Commercial
Previous Owner $125,600 Purchase Money Mortgage
Previous Owner $68,250 Unknown
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

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Map

Source: BeachesMLS

MLS Number: R10504293

BeachesMLS

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