$599,000
SOLD JUN 6, 2022

1950 Presidential Way Unit 11 West Palm Beach, FL 33401

Banyan Cay Neighborhood
3 Beds
3.5 Baths
1,743 Sq Ft
$656/mo HOA Fee

Recently Sold

$344 Per Sq Ft

8% Below List Price

36 Days on Market

Highlights

  • Golf Course Community
  • Wood Flooring
  • Balcony
  • Gated with Attendant
  • Garden View
  • 2 Car Attached Garage

About This Home

As of June 2022

Welcome to Embassy Place, a private Mediterranean enclave of (12) 3-story townhomes perched in the gated and guarded Lands of the Presidents development. This spacious and unique townhome features 3 bedrooms, 3 full bathrooms, a powder room and even comes equipped with its own private elevator. The lower level incorporates a spacious 2-car garage, a bedroom with an ensuite bathroom, storage & access to patio. Taking the elevator to the Main floor you are greeted with a light filled and open living space with a sunny terrace for morning coffees. Adjoining the living space is a spectacular chef kitchen that includes; 42'' solid wood custom cabinetry, white quartz countertops & stainless appliances as well as designated pantry. The 3rd floor consists of not only a large primary bathroom

Last Agent to Sell the Property

Sabra Kirkpatrick

Brown Harris Stevens of PB License #3228432 Listed on: 03/31/2022

Brown Harris Stevens of PB

Co-Listed By

Lauren Greaves

Brown Harris Stevens of PB License #3278946

Last Buyer's Agent

Sharon Loayza

Douglas Elliman (Wellington) License #3337151

Douglas Elliman (Wellington)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,980

Year Built

  • Built in 2006

HOA Fees

  • $656 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,743 Sq Ft Home
  • 3-Story Property
  • Sliding Windows
  • Entrance Foyer
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 74434317320000110

Community Details

Overview

  • Association fees include insurance, security
  • Embassy Place Condo Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,980

Year Built

Built in 2006

Lot Details

0

HOA Fees

$656 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 to Palm Beach Lakes to Congress to Presidential Way.
  • Year Built: 2006
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Elevator, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile, Wood
  • Living Area: 1743.0
  • Dining Room Type: Laundry
  • Stories: 3
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Balcony
  • View: Garden
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Security: Gated with Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 656.0
  • Community Features: Golf, Golf Course Community, Gated, Sidewalks
  • Senior Community: No
  • Amenities: Golf Course
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Security

Lot Info

  • Parcel #: 74434317320000110
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4980.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Jun 6, 2022
Sold by
Duran and Theresa
Bought by
Jimenez Samuel A
Seller's Agent
Sabra Kirkpatrick
Brown Harris Stevens of PB
Buyer's Agent
Sharon Loayza
Douglas Elliman (Wellington)
List Price
$650,000
Sold Price
$599,000
Premium/Discount to List
-$51,000
-7.85%
Current Estimated Value
$631,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,769
Avg. Annual Appreciation
1.66%

Purchase Details

Listed on
Nov 9, 2021
Closed on
Jan 18, 2022
Sold by
Chun Bengtson and Chun Po
Bought by
Duran Steven and Duran Theresa
Seller's Agent
Joan Wynne
Premier Brokers International
Buyer's Agent
Joan Wynne
Premier Brokers International
List Price
$392,500
Sold Price
$375,000
Premium/Discount to List
-$17,500
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
242.97%

Purchase Details

Closed on
Apr 20, 2006
Sold by
P L Group Inc
Bought by
Bengtson Anders

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,250
Interest Rate
1%
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 $599,000 Equity Land Title
Warranty Deed $375,000 South Florida Title Insurers
Special Warranty Deed $392,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $353,250 Fannie Mae Freddie Mac
Closed $0 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2022 06/06/22 Sold $599,000 -7.8% $344 / Sq Ft
05/07/2022 05/07/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $650,000 +73.3% $373 / Sq Ft
01/18/2022 01/18/22 Sold $375,000 -4.5% $215 / Sq Ft
12/19/2021 12/19/21 Pending -- -- --
11/09/2021 11/09/21 For Sale $392,500 0.0% $225 / Sq Ft
10/25/2019 10/25/19 Rented $2,000 -11.1% --
09/25/2019 09/25/19 Under Contract -- -- --
06/10/2019 06/10/19 For Rent $2,250 +12.8% --
02/01/2018 02/01/18 Rented $1,995 0.0% --
01/02/2018 01/02/18 Under Contract -- -- --
12/20/2017 12/20/17 For Rent $1,995 -- --
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 $9,616 $460,000 -- --
2023 $10,195 $485,000 $0 $485,000
2022 $5,516 $242,000 $0 $0
2021 $4,980 $220,000 $0 $220,000
2020 $4,699 $205,000 $0 $205,000
2019 $4,744 $205,000 $0 $205,000
2018 $4,584 $205,000 $0 $205,000
2017 $4,513 $200,000 $0 $0
2016 $2,125 $131,451 $0 $0
2015 $2,166 $130,537 $0 $0
2014 $2,165 $129,501 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10788073

BeachesMLS

APN: 74-43-43-17-32-000-0110