NOT LISTED FOR SALE

Lincoln Tower 2400 Presidential Way Unit 4020 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $156,384 - $222,000

1 Bed
1.5 Baths
898 Sq Ft
$524/mo HOA Fee

Last Sold July 05, 2019

Last sale price $125,000 $139 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,632/month

22 Days on Market

Highlights

  • Fitness Center
  • Furnished
  • Resident Manager or Management On Site
  • Clubhouse
  • Walk-In Closet
  • Laundry Room

About This Home

As of July 2019

This one bedroom 1.5 bath is delightful, furnished and available July 1. It has a walk-in shower and updated granite kitchen with a master walk-in closet and double closet for your guests and priced to sell. There is an on site manager and a door person to greet and anounce your guests and accept your packages. Heated pool. Located at the Lands of the President which is gated and secure and adjacent to the Banyan Golf Club. It is within walking distance to the Palm Beach Outlets and very accessible to the Kravis Center, Convention Center, Rosemary Square, airport, shopping, restaurants, beachs and Palm Beach as well.

Last Agent to Sell the Property

Mim Hochman

Century 21 America's Choice/WPB License #636635 Listed on: 05/13/2019

Century 21 America's Choice/WPB

Last Buyer's Agent

Richard Ali

Gator Residential Group License #3412818

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,395

Year Built

  • Built in 1972

Lot Details

  • 2.76

HOA Fees

  • $524 Monthly HOA Fees

Interior Spaces

  • 898 Sq Ft Home
  • Furnished
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434317100004020

Community Details

Overview

  • Lands Of The President Subdivision
  • 20-Story Property

Amenities

  • Community Library

Recreation

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,395

Year Built

Built in 1972

Lot Details

0

HOA Fees

$524 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Palm Beach Lakes Blvd. N on Congress.Right on Presidential. Through security. Second highrise on the right side.
  • Year Built: 1972
  • Year Built Details: Resale
  • Special Features: None

Interior Features

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

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Green Building Features: Exterior Lighting
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 524.0
  • Community Features: Fitness Center, Property Manager On-Site
  • Senior Community: No
  • Amenities: Clubhouse, Library, Management, Trash
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 74434317100004020
  • Zoning Description: res

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1395.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2019
Closed on
Jun 28, 2019
Sold by
Lonigro Antonio
Bought by
Higgins Jessica
Seller's Agent
Mim Hochman
Century 21 America's Choice/WPB
Buyer's Agent
Richard Ali
Gator Residential Group
List Price
$129,000
Sold Price
$125,000
Premium/Discount to List
-$4,000
-3.1%
Current Estimated Value
$189,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,846
Avg. Annual Appreciation
6.91%
Original Mortgage
$93,750
Outstanding Balance
$82,435
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$107,411

Purchase Details

Closed on
Jun 8, 2006
Sold by
Valade Denis and King Florence
Bought by
Lonigro Antonio

Purchase Details

Closed on
Oct 22, 1997
Sold by
Insul Lynda S
Bought by
Valade Denis and King Florence

Purchase Details

Closed on
Dec 13, 1994
Sold by
Insul Lynda S and Soss Betty J
Bought by
Insul Lynda S
Source: Public Records

Range of Values:

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Average Value
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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
Higgins Jessica $125,000 Camino Title Inc
Lonigro Antonio $175,000 Automated Land Title Co
Valade Denis $35,000 --
Insul Lynda S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higgins Jessica $93,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2019 07/05/19 Sold $125,000 -3.1% $139 / Sq Ft
06/05/2019 06/05/19 Pending -- -- --
05/13/2019 05/13/19 For Sale $129,000 0.0% $144 / Sq Ft
08/01/2017 08/01/17 Rented $1,250 0.0% --
07/02/2017 07/02/17 Under Contract -- -- --
04/24/2017 04/24/17 For Rent $1,250 0.0% --
07/01/2016 07/01/16 Rented $1,250 0.0% --
06/01/2016 06/01/16 Under Contract -- -- --
04/15/2016 04/15/16 For Rent $1,250 +4.2% --
07/01/2015 07/01/15 Rented $1,200 0.0% --
06/01/2015 06/01/15 Under Contract -- -- --
04/06/2015 04/06/15 For Rent $1,200 -- --
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 $1,222 $107,478 -- --
2023 $1,484 $104,348 $0 $0
2022 $1,445 $101,309 $0 $0
2021 $1,420 $98,358 $0 $0
2020 $1,403 $97,000 $0 $97,000
2019 $1,633 $86,000 $0 $86,000
2018 $1,395 $76,000 $0 $76,000
2017 $1,308 $74,000 $0 $0
2016 $1,239 $40,995 $0 $0
2015 $1,144 $37,268 $0 $0
2014 $1,028 $33,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Mim Hochman

    Century 21 America's Choice/WPB

    (561) 689-6339

    10 in this area

    10 Total Sales

    Mim Hochman
    Section Image

  • R

    Buyer's Agent in 2019

    Richard Ali

    Gator Residential Group

    (561) 303-9039

    7 Total Sales

    Richard Ali
    Section Image
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About Lincoln Tower

Map

Source: BeachesMLS

MLS Number: R10530074

BeachesMLS

APN: 74-43-43-17-10-000-4020

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

2400 Presidential Way Unit 4020, West Palm Beach, FL

This home is located at 2400 Presidential Way Unit 4020, West Palm Beach, FL 33401 since 13 May 2019 and is currently estimated at $189,846, approximately $211 per square foot. This property was built in 1972. 2400 Presidential Way Unit 4020 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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