NOT LISTED FOR SALE

1823 Presidential Way Unit 1020 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $155,000 - $258,000

1 Bed
1.5 Baths
962 Sq Ft
$380/mo HOA Fee

Last Sold October 05, 2018

Last sale price $85,000 $88 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $1,558/month

144 Days on Market

Highlights

  • Gated with Attendant
  • 158,712 Sq Ft lot
  • Walk-In Closet
  • Golf Course View
  • Community Pool
  • Patio

About This Home

As of October 2018

Make this condo your personal hotel room at the new Banyan Cay Resort and Country Club. Spacious, first floor 1/1/.5 condo facing the golf course. New AC in 2017, includes full size washer/dryer in kitchen. Large living/dining area with a full mirrored wall. Large master with a walk-in closet.Nice sized 1/2 bath and second larger closet. Parking right outside your door, 2 guest spaces, close to the community pool. 1 dog or cat under 25lbs is allowed. Leasing is permitted; 60 day minimum rental, 5 month maximum once a year. Easy to show! Located just steps to the grounds of the new Banyan Cay Club. As well, close to the action for Spring Training at the Ball Park of the Palm Beaches. Seller will pay the assessment in full.

Last Agent to Sell the Property

Clare Goyette

Donohue Real Estate, LLC License #3305894 Listed on: 04/13/2018

Donohue Real Estate, LLC

Last Buyer's Agent

Hector Vazquez

Premier Brokers International License #3383823

Premier Brokers International

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,831

Year Built

  • Built in 1971

Lot Details

  • 3.64

HOA Fees

  • $380 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Golf Course
  • Garden

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 962 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434317060051020

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, laundry, ground maintenance, maintenance structure, parking, roof, water
  • Lands Of The President Co Subdivision

Recreation

  • Community Pool

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,831

Year Built

Built in 1971

Lot Details

0

HOA Fees

$380 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Palm Beach Lakes to Congress Ave. North.R on Presidential Way to guard gate. The building is the next to the last on the left. Use guest parking.
  • Year Built: 1971
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Tile
  • Living Area: 962.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 2

Exterior Features

  • Exterior Features: Patio
  • View: Golf Course, Garden
  • Pool Features: None, Association, Community
  • 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
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 380.0
  • Community Features: Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Parking, Roof, Water

Lot Info

  • Parcel #: 74434317060051020
  • Lot Size Sq Ft: 158712.0
  • Zoning Description: MF32(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1831.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2018
Closed on
Oct 3, 2018
Sold by
Molnar Maria M
Bought by
Meltzer Sherry
Seller's Agent
Clare Goyette
Donohue Real Estate, LLC
Buyer's Agent
Hector Vazquez
Premier Brokers International
List Price
$125,000
Sold Price
$85,000
Premium/Discount to List
-$40,000
-32%
Total Days on Market
144
Current Estimated Value
$195,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,186
Avg. Annual Appreciation
13.46%

Purchase Details

Closed on
May 24, 2013
Sold by
Jezewska Aleksandra
Bought by
Molnar Maria M

Purchase Details

Closed on
May 17, 2012
Sold by
Molnar Maria M
Bought by
Jezewska Aleksandra

Purchase Details

Closed on
May 17, 2005
Sold by
Kamp Charles
Bought by
Molnar Maria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,900
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
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
Meltzer Sherry $85,000 First International Title In
Molnar Maria M -- None Available
Jezewska Aleksandra -- None Available
Molnar Maria M $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Molnar Maria M $80,000
Previous Owner Molnar Maria M $50,000
Previous Owner Molnar Maria M $89,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $85,000 -32.0% $88 / Sq Ft
09/05/2018 09/05/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $125,000 -- $130 / 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 $1,271 $94,313 -- --
2023 $1,221 $91,566 $0 $0
2022 $1,183 $88,899 $0 $0
2021 $1,157 $86,310 $0 $0
2020 $1,142 $85,118 $0 $0
2019 $1,113 $83,204 $0 $0
2018 $1,946 $100,000 $0 $100,000
2017 $1,831 $98,000 $0 $0
2016 $1,669 $62,557 $0 $0
2015 $1,531 $56,870 $0 $0
2014 $1,391 $51,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10422796

BeachesMLS

APN: 74-43-43-17-06-005-1020