Washington Tower 2000 Presidential Way Unit 5050 West Palm Beach, FL 33401
Banyan Cay Neighborhood
2
Beds
2
Baths
1,134
Sq Ft
$1,025/mo
HOA Fee
Highlights
- Doorman
- Gated Community
- Great Room
- Fitness Center
- Clubhouse
- Community Pool
About This Home
As of May 2024Price Improvement !! Astonishing 2-bed, 2-bath 5th-floor gem with a private balcony offering a breathtaking 180-degree view. Recent updates include permitted kitchen, plumbing, and electric improvements. The master suite and second bedroom feature a walk-in closet and balcony access. Washington Tower offers security, a doorman, a heated pool, 24-hour fitness and social rooms, on-site management, and reserved parking.The Lands of the President is a private community with 24/7 security, near Palm Beach Outlets, dining, Whole Foods, Target, PBI Airport, Route 95, beaches, Kravis, and The Square Downtown West Palm Beach. Ideal for investors, the current tenant plans to stay until October 2024 and is open to extending the lease. Don't miss this investor friendly.Golf course under construction.
Last Agent to Sell the Property
Century 21 Tenace Realty License #3562653 Listed on: 02/20/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,611
Year Built
- Built in 1972
HOA Fees
- $1,025 Monthly HOA Fees
Interior Spaces
- 1,134 Sq Ft Home
- Sliding Windows
- Great Room
- Combination Dining and Living Room
- Ceramic Tile Flooring
Kitchen
- Electric Range
- <<microwave>>
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- Washer and Dryer
Parking
- Guest Parking
- Assigned Parking
Utilities
- Central Heating and Cooling System
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 74434317090005050
Community Details
Overview
- High-Rise Condominium
- Lands Of The President Co Subdivision
- 21-Story Property
Amenities
- Doorman
- Clubhouse
Recreation
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 20, 2024
Closed on
May 9, 2024
Sold by
Milhailescu Rodica and Milhailescu Anthony
Bought by
Collado Altagracia
Seller's Agent
Julii Then
Century 21 Tenace Realty
Buyer's Agent
Wendy Tuchfeld
Nardozzi Homes
List Price
$310,000
Sold Price
$280,000
Premium/Discount to List
-$30,000
-9.68%
Views
52
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,411
Avg. Annual Appreciation
-2.16%
Purchase Details
Listed on
Mar 1, 2021
Closed on
Oct 29, 2021
Sold by
Nieuchowicz Michael A and Michael Angel Nienchowici Trus
Bought by
Milbailescu Rodica and Milbailescu Anthony
Seller's Agent
Ilan Nieuchowicz
Delray Broker LLC
Buyer's Agent
Mim Hochman
Century 21 America's Choice/WPB
List Price
$173
Sold Price
$170,000
Premium/Discount to List
$169,828
98450.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.61%
Purchase Details
Listed on
Oct 18, 2017
Closed on
Dec 28, 2018
Sold by
Vazquez Hector
Bought by
Nieuchowicz Michael A and Michael Vercase Revocable Trus
Seller's Agent
Hector Vazquez
Premier Brokers International
Buyer's Agent
Hector Vazquez
Premier Brokers International
List Price
$189,000
Sold Price
$155,000
Premium/Discount to List
-$34,000
-17.99%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.31%
Purchase Details
Listed on
Jul 26, 2017
Closed on
Aug 31, 2017
Sold by
Jay Lawrence
Bought by
Vazquez Hector
Seller's Agent
Shelley Gerst
The Corcoran Group
Buyer's Agent
Hector Vazquez
Premier Brokers International
List Price
$149,900
Sold Price
$130,000
Premium/Discount to List
-$19,900
-13.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.25%
Purchase Details
Closed on
Nov 2, 2015
Sold by
Jay Irene M
Bought by
Jay Irene M and Jay Lawrence
Purchase Details
Closed on
Aug 6, 2014
Sold by
Jay Irene M
Bought by
Jay Irene M and Brown Louise Ellen
Purchase Details
Closed on
Jun 3, 2011
Sold by
Jay Irene M
Bought by
Jay Irene M
Similar Homes in West Palm Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $280,000 | Performance Title | |
| Warranty Deed | $170,000 | Intracoastal Title Llc | |
| Warranty Deed | $155,000 | Intracoastal Title Llc | |
| Warranty Deed | $130,000 | First Amer Title Ins Co | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/17/2024 05/17/24 | Sold | $280,000 | -9.7% | $247 / Sq Ft |
| 04/29/2024 04/29/24 | Pending | -- | -- | -- |
| 04/20/2024 04/20/24 | For Sale | $310,000 | 0.0% | $273 / Sq Ft |
| 04/12/2024 04/12/24 | Pending | -- | -- | -- |
| 03/26/2024 03/26/24 | Price Changed | $310,000 | +8.8% | $273 / Sq Ft |
| 03/25/2024 03/25/24 | For Sale | $285,000 | 0.0% | $251 / Sq Ft |
| 03/16/2024 03/16/24 | Pending | -- | -- | -- |
| 03/06/2024 03/06/24 | Price Changed | $285,000 | -3.4% | $251 / Sq Ft |
| 02/20/2024 02/20/24 | For Sale | $295,000 | 0.0% | $260 / Sq Ft |
| 10/19/2023 10/19/23 | Under Contract | -- | -- | -- |
| 08/21/2023 08/21/23 | Price Changed | $2,150 | -4.4% | $2 / Sq Ft |
| 07/11/2023 07/11/23 | For Rent | $2,250 | +7.1% | -- |
| 10/31/2022 10/31/22 | Rented | $2,100 | 0.0% | -- |
| 10/29/2021 10/29/21 | Sold | $170,000 | +98450.7% | $152 / Sq Ft |
| 09/29/2021 09/29/21 | Pending | -- | -- | -- |
| 03/01/2021 03/01/21 | For Sale | $173 | 0.0% | $0 / Sq Ft |
| 09/01/2020 09/01/20 | Rented | $1,500 | 0.0% | -- |
| 08/02/2020 08/02/20 | Under Contract | -- | -- | -- |
| 07/04/2020 07/04/20 | For Rent | $1,500 | 0.0% | -- |
| 12/28/2018 12/28/18 | Sold | $155,000 | +10971.4% | $139 / Sq Ft |
| 11/28/2018 11/28/18 | Pending | -- | -- | -- |
| 06/18/2018 06/18/18 | Rented | $1,400 | -12.5% | -- |
| 05/19/2018 05/19/18 | Under Contract | -- | -- | -- |
| 12/01/2017 12/01/17 | For Rent | $1,600 | 0.0% | -- |
| 10/18/2017 10/18/17 | For Sale | $189,000 | +45.4% | $169 / Sq Ft |
| 09/01/2017 09/01/17 | Sold | $130,000 | -13.3% | $116 / Sq Ft |
| 08/02/2017 08/02/17 | Pending | -- | -- | -- |
| 07/26/2017 07/26/17 | For Sale | $149,900 | -- | $134 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $4,105 | $179,685 | -- | -- |
| 2023 | $3,611 | $163,350 | $0 | $0 |
| 2022 | $3,330 | $148,500 | $0 | $0 |
| 2021 | $2,610 | $111,000 | $0 | $111,000 |
| 2020 | $2,788 | $118,000 | $0 | $118,000 |
| 2019 | $2,837 | $119,000 | $0 | $119,000 |
| 2018 | $2,463 | $107,000 | $0 | $107,000 |
| 2017 | $706 | $56,700 | $0 | $0 |
| 2016 | $711 | $55,534 | $0 | $0 |
| 2015 | $725 | $55,148 | $0 | $0 |
| 2014 | $731 | $54,710 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Julii Then
J
Seller's Agent in 2024
Julii Then
Century 21 Tenace Realty
(561) 777-4302
2 in this area
5 Total Sales
-
Wendy Tuchfeld
Buyer's Agent in 2024
Wendy Tuchfeld
Nardozzi Homes
(516) 524-1258
3 in this area
32 Total Sales
-
Mim Hochman
M
Seller's Agent in 2023
Mim Hochman
Century 21 America's Choice/WPB
(561) 689-6339
10 in this area
10 Total Sales
-
Ilan Nieuchowicz
I
Seller's Agent in 2021
Ilan Nieuchowicz
Delray Broker LLC
(954) 494-0282
8 in this area
9 Total Sales
-
Hector Vazquez
Seller's Agent in 2018
Hector Vazquez
Premier Brokers International
(347) 208-4209
63 in this area
96 Total Sales
-
Karina Lopez
K
Buyer's Agent in 2018
Karina Lopez
RE/MAX
1 in this area
23 Total Sales
About Washington Tower
Map
Source: BeachesMLS
MLS Number: R10961542
APN: 74-43-43-17-09-000-5050
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