$65,000
SOLD MAR 27, 2012

1901 Presidential Way Unit 2010 West Palm Beach, FL 33401

Banyan Cay Neighborhood
2 Beds
2 Baths
1,173 Sq Ft
$551/mo HOA Fee

Recently Sold

$55 Per Sq Ft

13% Below List Price

31 Days on Market

Highlights

  • Gated with Attendant
  • Clubhouse
  • Screened Porch
  • Waterfront
  • Great Room
  • Community Pool

About This Home

As of December 2018

FANTASTIC 2-2 CORNER UNIT CONDO WITH 2 BALCONIES. ENJOY THE GOLF COURSE-WATER VIEW FROM 1 BALCONY. MASTER BEDROOM FEATURES A LARGE WALK IN CLOSET WITH BUILT INS. 2ND BEDROOM HAS A CLOSET AND A BUILT IN WALL UNIT. THIS COMMUNITY IS GUARD GATED AND IS MINUTES TO DOWNTOWN AND THE BEACHES. THIS IS A FANNIE MAE HOMEPATH PROPERTY. PURCHASE THIS PROPERTY FOR AS LITTLE AS 3% DOWN. THIS PROPERTY IS APPROVED FOR HOMEPATH MORTGAGE FINANCING. THIS PROPERTY IS APPROVED FOR HOMEPATH RENOVATION MORTGAGE FINANCING. PLEASE CONTACT LISTING AGENT FOR MORE INFORMATION. OCCUPANCY WILL BE GRANTED AFTER SELLER REVIEWS FINAL CLOSING DOCS-FUNDING. BUYER WILL BE CHARGED A RE-KEY FEE AT CLOSING.

Last Agent to Sell the Property

Jodi Ham

Allegiance Realty Services Inc License #3097556 Listed on: 01/25/2012

Co-Listed By

Norman Snyder

RE/MAX Direct License #SL475265

Last Buyer's Agent

Davidde Giordano

Water Pointe Realty Group License #3239735

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,622

Year Built

  • Built in 1971

HOA Fees

  • $551 Monthly HOA Fees

Property Views

  • Water
  • Golf Course

Interior Spaces

  • 1,173 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Great Room
  • Screened Porch
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

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

Parking

  • Guest Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Balcony
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number 74434317060062010

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, pool(s), roof, sewer, security, trash, water
  • Lands Of The President Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,622

Year Built

Built in 1971

Lot Details

0

HOA Fees

$551 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: PB LAKES TO CONGRESS, N TO 1ST LIGHT, EAST THRU GUARD GATE
  • Year Built: 1971
  • Entry Level: 2
  • Special Features: None

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Living Area: 1173.0
  • Dining Room Type: Great Room
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Balcony
  • View: Golf Course, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Screened

Garage/Parking

  • Parking Features: Assigned, Guest

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • 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: 551.0
  • Community Features: Clubhouse, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 74434317060062010
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 1622.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2018
Closed on
Dec 21, 2018
Sold by
Wang Likun
Bought by
Srivastava Arun
Seller's Agent
Joan Fitzpatrick
Two Sisters Island Realty
List Price
$225,000
Sold Price
$208,000
Premium/Discount to List
-$17,000
-7.56%
Current Estimated Value
$302,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,293
Avg. Annual Appreciation
6.46%
Original Mortgage
$131,300
Outstanding Balance
$120,354
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$192,891

Purchase Details

Listed on
Jan 5, 2017
Closed on
Feb 13, 2017
Sold by
Chabot Daniel T
Bought by
Wang Likun
Seller's Agent
Davidde Giordano
Water Pointe Realty Group
Buyer's Agent
Joan Fitzpatrick
Two Sisters Island Realty
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%

Purchase Details

Listed on
Jan 25, 2012
Closed on
Mar 27, 2012
Sold by
Federal National Mortgage Association
Bought by
Chabot Daniel T
Seller's Agent
Jodi Ham
Allegiance Realty Services Inc
Buyer's Agent
Davidde Giordano
Water Pointe Realty Group
List Price
$74,900
Sold Price
$65,000
Premium/Discount to List
-$9,900
-13.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.16%

Purchase Details

Closed on
Jan 6, 2012
Sold by
Taddeo Vincenzo
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 16, 2008
Sold by
Taddeo Vincenzo
Bought by
Campagnuolo Annamaria

Purchase Details

Closed on
Jul 18, 2005
Sold by
Sussel Sonia J
Bought by
Taddeo Vincenzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac
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 Type Sale Price Title Company
Warranty Deed $208,000 Attorney
Warranty Deed $180,000 Attorney
Special Warranty Deed $65,000 Attorney
Trustee Deed $7,900 None Available
Quit Claim Deed -- None Available
Warranty Deed $218,000 Flagler Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $131,300 Adjustable Rate Mortgage/ARM
Previous Owner $155,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2018 12/21/18 Sold $208,000 -7.6% $157 / Sq Ft
11/21/2018 11/21/18 Pending -- -- --
09/28/2018 09/28/18 For Sale $225,000 +25.0% $170 / Sq Ft
02/13/2017 02/13/17 Sold $180,000 -10.0% $136 / Sq Ft
01/14/2017 01/14/17 Pending -- -- --
01/05/2017 01/05/17 For Sale $200,000 +207.7% $151 / Sq Ft
03/27/2012 03/27/12 Sold $65,000 -13.2% $55 / Sq Ft
02/26/2012 02/26/12 Pending -- -- --
01/25/2012 01/25/12 For Sale $74,900 -- $64 / 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 $3,823 $159,720 -- --
2023 $3,658 $145,200 $0 $0
2022 $3,162 $132,000 $0 $0
2021 $2,806 $120,000 $0 $120,000
2020 $2,941 $125,000 $0 $125,000
2019 $3,968 $170,000 $0 $170,000
2018 $3,285 $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: R3255038

BeachesMLS

APN: 74-43-43-17-06-006-2010