$55,000
SOLD DEC 10, 2018

1823 Presidential Way Unit 1010 West Palm Beach, FL 33401

Banyan Cay Neighborhood
2 Beds
2 Baths
1,173 Sq Ft
$300/mo HOA Fee

Recently Sold

$47 Per Sq Ft

39% Below List Price

116 Days on Market

Highlights

  • Gated with Attendant
  • 158,712 Sq Ft lot
  • Ceramic Tile Flooring
  • Golf Course View
  • Community Pool
  • Guest Parking

About This Home

As of October 2024

Freddie Mac First Look Initiative through 8/5/2018. A HomeSteps property. Sold AS-IS. Seller will pay owners title policy if buyer closes w/seller's title agent. CODE VIOLATION - BUYER MUST SIGN HOLD HARMLESS AGREEMENT $70k+ in fines.**H&B Deadline of this Wednesday 9/12 at noon.Attached is the form that must be included with any offers (we currently have two into the bank)

Last Agent to Sell the Property

Nicholas Rose

KW Reserve License #3030347 Listed on: 07/16/2018

KW Reserve

Co-Listed By

Nicole Chillemi Karuzas, PA

RE/MAX Masters License #685858

Last Buyer's Agent

Ysabel Cortez

RE/MAX Direct License #3105760

RE/MAX Direct

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1971

Lot Details

  • East Facing Home

HOA Fees

  • $300 Monthly HOA Fees

Interior Spaces

  • 1,173 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Golf Course Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434317060051010

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, laundry, roof, water
  • 1,000 Units
  • Lands Of The President Co Subdivision

Recreation

  • Community Pool

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Year Built

Built in 1971

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 to Palm Beach Lakes Boulevard, East to Congress, North on Congress to Lands of the President
  • Year Built: 1971
  • Year Built Details: Resale
  • Special Features: RealEstateOwned

Interior Features

  • Interior Amenities: Living/Dining Room, Pantry
  • Furnished: Unfurnished
  • Appliances: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1173.0
  • Stories: 1

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 300.0
  • Community Features: Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Laundry, Roof, Water

Lot Info

  • Parcel #: 74434317060051010
  • Lot Size Sq Ft: 158712.0
  • Zoning Description: MF32(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2276.0

Multi Family

  • Number Of Units In Community: 1000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Oct 9, 2024
Sold by
Nalley Sharon
Bought by
Ordonez Maria
Seller's Agent
Cynthia Nalley
Acquire Palm Beach LLC
Buyer's Agent
Hayley Albert
United Realty Group, Inc
List Price
$279,000
Sold Price
$235,000
Premium/Discount to List
-$44,000
-15.77%
Views
38
Current Estimated Value
$263,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,010
Avg. Annual Appreciation
3.31%
Original Mortgage
$235,000
Outstanding Balance
$233,670
Interest Rate
6.35%
Mortgage Type
VA
Estimated Equity
$8,801

Purchase Details

Listed on
Jan 8, 2021
Closed on
Mar 19, 2021
Sold by
Falk Steven M
Bought by
Nalley Sharon
Seller's Agent
Steven Falk
Preferred General Realty LLC
Buyer's Agent
Cynthia Nalley
Acquire Palm Beach LLC
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.40%
Original Mortgage
$116,250
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 16, 2019
Closed on
Feb 25, 2020
Sold by
Haupert Maria Teresa and Reinhardt Emma
Bought by
Falk Steven M
Seller's Agent
Bill Reinhardt
RE/MAX Direct
Buyer's Agent
Steven Falk
Preferred General Realty LLC
List Price
$145,000
Sold Price
$120,000
Premium/Discount to List
-$25,000
-17.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.60%

Purchase Details

Listed on
Jul 16, 2018
Closed on
Nov 10, 2018
Sold by
Federal Home Loan Mortgage Corp
Bought by
Haupert Maria Teresa
Seller's Agent
Nicholas Rose
KW Reserve
Buyer's Agent
Ysabel Cortez
RE/MAX Direct
List Price
$89,900
Sold Price
$55,000
Premium/Discount to List
-$34,900
-38.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
89.55%

Purchase Details

Closed on
Apr 11, 2018
Sold by
Nationstar Mortgage Llc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 18, 2018
Sold by
French Kenneth and Brenda French Ken French
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Nov 25, 2013
Sold by
Elver Charles
Bought by
French Ken

Purchase Details

Closed on
Oct 16, 2013
Sold by
French Ken
Bought by
Elver Charles

Purchase Details

Closed on
Oct 14, 2004
Sold by
Rossi Giovanni
Bought by
French Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2002
Sold by
Gordon Stanley H and Gordon Bruce D
Bought by
Rossi Giovanni
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $235,000 None Listed On Document
Warranty Deed $155,000 First American Title Ins Co
Warranty Deed $119,000 Capital Abstract & Title
Special Warranty Deed $55,000 Shore To Shore Title Llc
Special Warranty Deed -- None Available
Deed $1,100 Attorney
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $162,500 Flagler Title Company
Warranty Deed $81,000 Flagler Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $235,000 VA
Previous Owner $25,000 Credit Line Revolving
Previous Owner $116,250 New Conventional
Previous Owner $133,741 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $30,000 Credit Line Revolving
Previous Owner $146,250 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2024 10/09/24 Sold $235,000 -5.8% $198 / Sq Ft
08/01/2024 08/01/24 Price Changed $249,500 -5.8% $210 / Sq Ft
07/09/2024 07/09/24 Price Changed $265,000 -5.0% $223 / Sq Ft
05/23/2024 05/23/24 For Sale $279,000 +80.0% $235 / Sq Ft
03/19/2021 03/19/21 Sold $155,000 -3.1% $132 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $159,900 +33.3% $136 / Sq Ft
02/28/2020 02/28/20 Sold $120,000 -17.2% $102 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
08/16/2019 08/16/19 For Sale $145,000 +163.6% $124 / Sq Ft
12/10/2018 12/10/18 Sold $55,000 -38.8% $47 / Sq Ft
11/10/2018 11/10/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $89,900 -- $77 / 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 $2,565 $157,544 -- --
2023 $2,486 $152,955 $0 $0
2022 $2,439 $148,500 $0 $0
2021 $2,697 $115,000 $0 $115,000
2020 $2,831 $120,000 $0 $120,000
2019 $3,212 $135,900 $0 $135,900
2018 $2,422 $110,900 $0 $110,900
2017 $2,276 $108,900 $0 $0
2016 $2,087 $84,772 $0 $0
2015 $1,904 $77,065 $0 $0
2014 $1,762 $70,059 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cynthia Nalley

    Seller's Agent in 2024

    Cynthia Nalley

    Acquire Palm Beach LLC

    (561) 309-7770

    2 in this area

    32 Total Sales

    Cynthia Nalley
    Section Image

  • H

    Buyer's Agent in 2024

    Hayley Albert

    United Realty Group, Inc

    (561) 469-8706

    3 in this area

    107 Total Sales

    Hayley Albert
    Section Image
  • Steven Falk

    Seller's Agent in 2021

    Steven Falk

    Preferred General Realty LLC

    (561) 777-3873

    12 in this area

    32 Total Sales

    Steven Falk
    Section Image
  • Bill Reinhardt

    Seller's Agent in 2020

    Bill Reinhardt

    RE/MAX

    (561) 299-8045

    1 in this area

    83 Total Sales

    Bill Reinhardt
    Section Image
  • Ysabel Cortez

    Seller Co-Listing Agent in 2020

    Ysabel Cortez

    RE/MAX

    (561) 503-1858

    1 in this area

    88 Total Sales

    Ysabel Cortez
    Section Image

  • N

    Seller's Agent in 2018

    Nicholas Rose

    KW Reserve

    (561) 236-6387

    35 Total Sales

    Nicholas Rose
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10448063

BeachesMLS

APN: 74-43-43-17-06-005-1010

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

1823 Presidential Way Unit 1010, West Palm Beach, FL

This home is located at 1823 Presidential Way Unit 1010, West Palm Beach, FL 33401 and is currently priced at $55,000, approximately $46 per square foot. This property was built in 1971. 1823 Presidential Way Unit 1010 is a home located in Palm Beach County with nearby schools including Roosevelt Elementary School, Roosevelt Middle School, and Palm Beach Lakes Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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