NOT LISTED FOR SALE

Lincoln Tower 2400 Presidential Way Unit 6060 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $216,807 - $284,000

2 Beds
2 Baths
1,294 Sq Ft
$648/mo HOA Fee

Last Sold March 14, 2013

Last sale price $70,000 $54 Per Sq Ft

Est. 259% increase in value since last sale

Current estimated payment $2,117/month

21 Days on Market

Highlights

  • Golf Course Community
  • Lake View
  • Great Room
  • Gated with Attendant
  • Clubhouse
  • Community Pool

About This Home

As of March 2013

2 bedroom convertible unit. Second bedroom is currently open to the living room but it could be converted easily to an actual guest bedroom. Sunny south west exposure with balcony off of master overlooking entire area. Highrise doorman building . Fabulous convenient location.. Located in gated country club community with 2 18 hole golf courses right outside your door. Affordable memberships are available or you can pay to play. Whichever meets your lifestyle. The community is just minutes to PBIA,beaches,shopping,dining and is right across the street from the new Palm Beach Premium Outlets due to open in 2013. Unit is priced to sell and this is the time to get in on the affordable pricing. It won't last long..

Last Agent to Sell the Property

Shelley Gerst

The Corcoran Group License #566241 Listed on: 01/21/2013

The Corcoran Group

Last Buyer's Agent

Kathryn Lomax

Compass Florida LLC (PB) License #3172810

Compass Florida LLC (PB)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $757

Year Built

  • Built in 1972

Lot Details

  • 2.76

HOA Fees

  • $648 Monthly HOA Fees

Property Views

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 1,294 Sq Ft Home
  • Great Room
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Assigned Parking

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434317100006060

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, maintenance structure, pest control, pool(s), roof, sewer, trash, water
  • 1,000 Units
  • High-Rise Condominium
  • Lands President Condo 03 Subdivision, Lincoln Floorplan
  • 21-Story Property

Recreation

  • Golf Course Community

Additional Features

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$757

Year Built

Built in 1972

Lot Details

0

HOA Fees

$648 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Palm beach lakes to congress north to Presidential way thru gate to 2400
  • Year Built: 1972
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1294.0
  • Dining Room Type: Great Room
  • Stories: 21

Exterior Features

  • Exterior Features: Patio
  • View: Golf Course, Lake, Other, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Tar/Gravel

Garage/Parking

  • Parking Features: Assigned, Driveway

Utilities

  • Security: Gated with Guard
  • 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: 648.0
  • Community Features: Clubhouse, Golf, Golf Course Community, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Golf Course, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Structure, Pest Control, Pool(s), Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 74434317100006060
  • Zoning Description: rs
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 757.0

Multi Family

  • Number Of Units In Community: 1000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2020
Sold by
Wagner Phyllis
Bought by
Wagner Phyllis and Levine Joel L
Current Estimated Value
$250,952

Purchase Details

Listed on
Jan 21, 2013
Closed on
Mar 12, 2013
Sold by
Stonberg Helen and Karofsky Lisa S
Bought by
Wagner Phyllis
Seller's Agent
Shelley Gerst
The Corcoran Group
Buyer's Agent
Kathryn Lomax
Compass Florida LLC (PB)
List Price
$84,500
Sold Price
$70,000
Premium/Discount to List
-$14,500
-17.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.88%

Purchase Details

Closed on
Jan 25, 2006
Sold by
Stonberg Helen
Bought by
Stonberg Helen and Karofsky Lisa S
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 Buyer Sale Price Title Company
Wagner Phyllis -- Attorney
Wagner Phyllis $70,000 Attorney
Stonberg Helen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Phyllis Linda $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2013 03/14/13 Sold $70,000 -17.2% $54 / Sq Ft
02/12/2013 02/12/13 Pending -- -- --
01/21/2013 01/21/13 For Sale $84,500 -- $65 / 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 $799 $86,774 -- --
2023 $754 $84,247 $0 $0
2022 $915 $81,793 $0 $0
2021 $887 $79,411 $0 $0
2020 $872 $78,315 $0 $0
2019 $845 $76,554 $0 $0
2018 $734 $75,127 $0 $0
2017 $709 $73,582 $0 $0
2016 $716 $72,069 $0 $0
2015 $737 $71,568 $0 $0
2014 $742 $71,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shelley Gerst

    Seller's Agent in 2013

    Shelley Gerst

    The Corcoran Group

    (561) 655-9029

    38 in this area

    40 Total Sales

    Shelley Gerst
    Section Image

  • K

    Buyer's Agent in 2013

    Kathryn Lomax

    Compass Florida LLC (PB)

    (561) 270-5384

    52 Total Sales

    Kathryn Lomax
    Section Image
See All Agents

About Lincoln Tower

Map

Source: BeachesMLS

MLS Number: R3339425

BeachesMLS

APN: 74-43-43-17-10-000-6060

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

2400 Presidential Way Unit 6060, West Palm Beach, FL

This home is located at 2400 Presidential Way Unit 6060, West Palm Beach, FL 33401 since 21 January 2013 and is currently estimated at $250,952, approximately $193 per square foot. This property was built in 1972. 2400 Presidential Way Unit 6060 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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