NOT LISTED FOR SALE

1950 Presidential Way Unit 2 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $506,440 - $597,000

3 Beds
3.5 Baths
1,743 Sq Ft
1 Acres

Last Sold July 11, 2012

Last sale price $179,900 $103 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $3,466/month

Highlights

  • Wood Flooring
  • Porch
  • Separate Shower in Primary Bathroom
  • Balcony
  • 2 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of July 2024

This home is located at 1950 Presidential Way Unit 2, West Palm Beach, FL 33401 since 30 November 2023 and is currently priced at $539,860. This property was built in 2006. 1950 Presidential Way Unit 2 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.

Last Agent to Rent the Property

Shirley Saavedra

Scuttina Signature Real Estate Group, LLC License #3532666 Listed on: 11/30/2023

Last Renter's Agent

Shirley Saavedra

Scuttina Signature Real Estate Group, LLC License #3532666 Listed on: 11/30/2023

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,252

Year Built

  • Built in 2006

Lot Details

  • 1

Parking

  • 2 Car Attached Garage

Home Design

  • 1,743 Sq Ft Home
  • Entry on the 1st floor

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Balcony
  • Porch

Additional Features

  • Microwave
  • Central Heating and Cooling System

Community Details

  • Embassy Place Condominium Subdivision

Listing and Financial Details

  • Property Available on 11/30/23
  • Assessor Parcel Number 74434317320000020

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,252

Year Built

Built in 2006

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2023-11-30

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 2006
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Pantry, Separate Shower
  • Furnished: Unfurnished
  • Appliances: Microwave
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile, Wood
  • Living Area: 1743.0

Exterior Features

  • Exterior Features: Balcony, None
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Patio And Porch Features: Porch

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: No

Lot Info

  • Parcel #: 74434317320000020
  • Land Lease Amount Frequency: Monthly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2020
Sold by
Saavedra James
Bought by
Saavedra Shirley
Current Estimated Value
$539,860

Purchase Details

Listed on
May 23, 2012
Closed on
Jul 2, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Saavedra James M
Seller's Agent
Laura Atkinson
Realty ONE Group Innovation
Buyer's Agent
Laura Atkinson
Realty ONE Group Innovation
List Price
$128,344
Sold Price
$179,900
Premium/Discount to List
$51,556
40.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.63%

Purchase Details

Closed on
Apr 16, 2012
Sold by
Korosec Branko
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
May 25, 2006
Sold by
P L Group Inc
Bought by
Soba Bostjan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
7.14%
Mortgage Type
Fannie Mae Freddie Mac
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 Buyer Sale Price Title Company
Saavedra Shirley -- None Available
Saavedra James M $179,900 First American Title Ins Co
Jpmorgan Chase Bank National Association $91,300 None Available
Soba Bostjan $385,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soba Bostjan $288,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2024 07/01/24 Rented $2,800 0.0% --
06/12/2024 06/12/24 Under Contract -- -- --
06/09/2024 06/09/24 For Rent $2,800 0.0% --
04/25/2024 04/25/24 Under Contract -- -- --
04/05/2024 04/05/24 Price Changed $2,800 -6.7% $2 / Sq Ft
02/23/2024 02/23/24 Price Changed $3,000 -9.1% $2 / Sq Ft
01/28/2024 01/28/24 Price Changed $3,300 -2.9% $2 / Sq Ft
01/15/2024 01/15/24 Price Changed $3,400 -2.9% $2 / Sq Ft
11/30/2023 11/30/23 For Rent $3,500 +94.4% --
07/21/2014 07/21/14 For Rent $1,800 0.0% --
07/21/2014 07/21/14 Rented $1,800 +2.9% --
01/01/2013 01/01/13 Rented $1,750 -7.7% --
12/02/2012 12/02/12 Under Contract -- -- --
09/27/2012 09/27/12 For Rent $1,895 0.0% --
07/11/2012 07/11/12 Sold $179,900 +40.2% $103 / Sq Ft View Prior Sale
06/11/2012 06/11/12 Pending -- -- --
05/23/2012 05/23/12 For Sale $128,344 -- $74 / 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 $7,252 $292,820 -- --
2023 $7,100 $266,200 $0 $0
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 $4,503 $205,000 $0 $205,000
2017 $4,232 $200,000 $0 $0
2016 $3,999 $165,000 $0 $0
2015 $3,579 $150,000 $0 $0
2014 $3,383 $140,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2024

    Shirley Saavedra

    Scuttina Signature Real Estate Group, LLC

    (586) 604-4368

    Shirley Saavedra
    Section Image

  • M

    Seller's Agent in 2014

    Mim Hochman

    Century 21 America's Choice/WPB

    (561) 689-6339

    10 in this area

    10 Total Sales

    Mim Hochman
    Section Image
  • Mike Condio

    Seller's Agent in 2013

    Mike Condio

    Florida Executive Realty Corp.

    (561) 687-1901

    6 Total Sales

    Mike Condio
    Section Image
  • Laura Atkinson

    Seller's Agent in 2012

    Laura Atkinson

    Realty ONE Group Innovation

    (561) 633-9439

    2 in this area

    20 Total Sales

    Laura Atkinson
    Section Image
  • Nick Jackson

    Seller Co-Listing Agent in 2012

    Nick Jackson

    The Global Real Estate Group

    (561) 248-6090

    33 Total Sales

    Nick Jackson
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10939566

BeachesMLS

APN: 74-43-43-17-32-000-0020

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

1950 Presidential Way Unit 2, West Palm Beach, FL

This home is located at 1950 Presidential Way Unit 2, West Palm Beach, FL 33401 since 30 November 2023 and is currently priced at $539,860. This property was built in 2006. 1950 Presidential Way Unit 2 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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