$117,000
SOLD NOV 5, 2021

Lincoln Tower 2400 Presidential Way Unit 2020 West Palm Beach, FL 33401

Banyan Cay Neighborhood
1 Bed
1.5 Baths
898 Sq Ft
$565/mo HOA Fee

Recently Sold

$130 Per Sq Ft

14% Below List Price

64 Days on Market

Highlights

  • Doorman
  • Golf Course Community
  • Gated with Attendant
  • Water Views
  • Fitness Center
  • Clubhouse

About This Home

As of July 2022

PRESTIGIOUS PRESIDENTIAL, LINCOLN TOWER, 2ND FLOOR UNIT, LIGHT, BRIGHT AND OPEN W/ WHITE TILE. - DOORMAN - 24HR SECURITY - *WASHER AND DRYER IN UNIT* - MINUTES FROM CITY PLACE & BCHS MOST PRESTIGIOUS, GATED, GOLF AND COUNTRY CLUB COMMUNITY IN HEART OF THE PALM BEACHES - JUST AROUND THE CORNER FROM CITY PLACE AND PALM BEACH - SHOPPING, AIRPORT, BEACHES AND EVERYTHING MINUTES AWAY.

Last Agent to Sell the Property

Franklin Do Nascimento

Southdale Properties Inc. License #3127963 Listed on: 08/02/2021

Last Buyer's Agent

Mim Hochman

Century 21 America's Choice/WPB License #636635

Century 21 America's Choice/WPB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,727

Year Built

  • Built in 1972

HOA Fees

  • $565 Monthly HOA Fees

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 898 Sq Ft Home
  • Great Room
  • Combination Dining and Living Room
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434317100002020

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, maintenance structure, pool(s), security, trash
  • High-Rise Condominium
  • Lands Of The President Co Subdivision
  • 20-Story Property

Amenities

  • Doorman
  • Community Library
  • Elevator

Recreation

  • Golf Course Community
  • Trails

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,727

Year Built

Built in 1972

Lot Details

0

HOA Fees

$565 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I95 to Palm beach Lakes turn east until Congress , turn left (north) until first light right to the gate.
  • Year Built: 1972
  • Architectural Style: High Rise
  • Entry Level: 2
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Eat-in Kitchen, Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 898.0
  • Dining Room Type: Great Room
  • Stories: 20

Exterior Features

  • Exterior Features: Balcony
  • View: Other, Water
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Disclosures: Foreign Seller
  • Construction Type: Block, Other
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale
  • Roof: Tar/Gravel

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Security: Door Man, Gated with Guard, Smoke Detector(s)
  • 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: 565.0
  • Community Features: Clubhouse, Golf, Golf Course Community, Gated, Property Manager On-Site, Pool, Sidewalks
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Golf Course, Library, Management, Pool, Trail(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Structure, Pool(s), Security, Trash

Lot Info

  • Parcel #: 74434317100002020
  • Zoning Description: MF32(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1727.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2022
Closed on
Jul 13, 2022
Sold by
Anthony Mihailescu
Bought by
Opdenaker Gerald
Seller's Agent
Mim Hochman
Century 21 America's Choice/WPB
Buyer's Agent
Francine Mantyh
Coldwell Banker Realty
List Price
$168,900
Sold Price
$173,000
Premium/Discount to List
$4,100
2.43%
Current Estimated Value
$187,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,721
Avg. Annual Appreciation
3.17%

Purchase Details

Listed on
Aug 2, 2021
Closed on
Nov 5, 2021
Sold by
Desantana Ednaldo Crispim Dantas and Desantana Ednaldo Crispin
Bought by
Mihailescu Anthony and Mihailescu Rodica
Seller's Agent
Franklin Do Nascimento
Southdale Properties Inc.
Buyer's Agent
Mim Hochman
Century 21 America's Choice/WPB
List Price
$136,000
Sold Price
$117,000
Premium/Discount to List
-$19,000
-13.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.27%

Purchase Details

Closed on
Feb 16, 2011
Sold by
Wells Fargo Bank Na
Bought by
Desantana Ednaldo Crispin Dantas

Purchase Details

Closed on
Feb 11, 2010
Sold by
Bernstein Jacquelyn S
Bought by
Wachovia Mortgage Fsb and World Savings Bank Fsb

Purchase Details

Closed on
Feb 1, 2005
Sold by
Dennis Elizabeth L
Bought by
Bernstein Jacquelyn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
5.66%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 18, 2004
Sold by
Mahboubi Keller Monireh
Bought by
Dennis Elizabeth L

Purchase Details

Closed on
May 31, 2001
Sold by
Ismay Swammy I
Bought by
Mahboubi-Keller Monireh

Purchase Details

Closed on
Jan 18, 1996
Sold by
Cole F Rhoda
Bought by
Swammy Ismay M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.15%

Purchase Details

Closed on
Apr 27, 1994
Sold by
Shaw Sydney
Bought by
Cole F Rhoda
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 $173,000 Property Transfer Services
Warranty Deed $117,000 Standard Title Ins Agcy Inc
Special Warranty Deed $35,000 Coastal Title Inc
Trustee Deed $36,100 None Available
Warranty Deed $154,000 Flagler Title Company
Warranty Deed $84,000 Universal Land Title Inc
Warranty Deed $52,500 --
Warranty Deed $43,000 --
Warranty Deed $35,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $123,000 Stand Alone First
Previous Owner $30,000 Credit Line Revolving
Previous Owner $25,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $173,000 +2.4% $193 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
01/01/2022 01/01/22 For Sale $168,900 +44.4% $188 / Sq Ft
11/05/2021 11/05/21 Sold $117,000 -14.0% $130 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $136,000 0.0% $151 / Sq Ft
02/29/2016 02/29/16 Rented $999 0.0% --
01/30/2016 01/30/16 Under Contract -- -- --
01/16/2016 01/16/16 For Rent $999 -- --
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 $1,708 $115,667 -- --
2023 $1,648 $112,298 $0 $0
2022 $2,751 $121,000 $0 $0
2021 $1,817 $98,000 $0 $98,000
2020 $1,727 $95,000 $0 $95,000
2019 $1,590 $84,000 $0 $84,000
2018 $1,355 $74,000 $0 $74,000
2017 $1,270 $72,000 $0 $0
2016 $1,203 $39,531 $0 $0
2015 $1,108 $35,937 $0 $0
2014 $994 $32,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mim Hochman

    Century 21 America's Choice/WPB

    (561) 689-6339

    10 in this area

    10 Total Sales

    Mim Hochman
    Section Image

  • F

    Buyer's Agent in 2022

    Francine Mantyh

    Coldwell Banker Realty

    (561) 801-0149

    1 in this area

    33 Total Sales

    Francine Mantyh
    Section Image

  • F

    Seller's Agent in 2021

    Franklin Do Nascimento

    Southdale Properties Inc.

    (561) 632-6517

    8 in this area

    25 Total Sales

    Franklin Do Nascimento
    Section Image
  • Shelley Gerst

    Seller's Agent in 2016

    Shelley Gerst

    The Corcoran Group

    (561) 655-9029

    38 in this area

    40 Total Sales

    Shelley Gerst
    Section Image

  • Y

    Buyer's Agent in 2016

    Young Kim

    Inactive member

See All Agents

About Lincoln Tower

Map

Source: BeachesMLS

MLS Number: R10735480

BeachesMLS

APN: 74-43-43-17-10-000-2020

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

2400 Presidential Way Unit 2020, West Palm Beach, FL

This home is located at 2400 Presidential Way Unit 2020, West Palm Beach, FL 33401 and is currently priced at $117,000, approximately $130 per square foot. This property was built in 1972. 2400 Presidential Way Unit 2020 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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