$285,000
SOLD JUL 7, 2022

Jefferson Tower 2425 Presidential Way Unit 2002 West Palm Beach, FL 33401

Banyan Cay Neighborhood
2 Beds
2 Baths
1,116 Sq Ft
$733/mo HOA Fee

Recently Sold

$255 Per Sq Ft

9% Below List Price

93 Days on Market

Highlights

  • Doorman
  • Gated with Attendant
  • Clubhouse
  • Fitness Center
  • Lake View
  • Community Pool

About This Home

As of July 2022

This home is located at 2425 Presidential Way Unit 2002, West Palm Beach, FL 33401 and is currently priced at $285,000, approximately $255 per square foot. This property was built in 1974. 2425 Presidential Way Unit 2002 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 Sell the Property

Elena Fleck

Redfin Corporation License #3103286 Listed on: 03/05/2022

Redfin Corporation

Last Buyer's Agent

Michelle Pennington

Coldwell Banker Realty License #3482339

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,893

Year Built

  • Built in 1974

HOA Fees

  • $733 Monthly HOA Fees

Property Views

Interior Spaces

  • 1,116 Sq Ft Home
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434318020012002

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, laundry, ground maintenance, parking, reserve fund, sewer, security, trash, water, internet
  • High-Rise Condominium
  • Jefferson / Lands Of The Subdivision
  • 20-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Community Wi-Fi

Recreation

  • Community Pool
  • Trails

Security

  • Gated with Attendant
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,893

Year Built

Built in 1974

Lot Details

0

HOA Fees

$733 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From I95: Palm Beach Lakes Blvd. east. North on Congress Ave. Right on Lands of President.
  • Year Built: 1974
  • Architectural Style: High Rise
  • Entry Level: 20
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room, Split Bedrooms, Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Vinyl
  • Living Area: 1116.0
  • Stories: 20

Exterior Features

  • View: Golf Course, Lake, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Security: Door Man, Gated with Guard, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 733.0
  • Community Features: Clubhouse, Gated, Internet Access, Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Laundry, Pool, Trail(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Laundry, Maintenance Grounds, Parking, Reserve Fund, Sewer, Security, Trash, Water, Internet

Lot Info

  • Parcel #: 74434318020012002
  • Lot Size: Paved Road,Public Road,S
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2893.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2022
Closed on
Jul 7, 2022
Sold by
Newinski Victor J and Newinski Carlotta J
Bought by
Yurkin Jacqueline Ann
Seller's Agent
Elena Fleck
Redfin Corporation
Buyer's Agent
Michelle Pennington
Coldwell Banker Realty
List Price
$314,900
Sold Price
$285,000
Premium/Discount to List
-$29,900
-9.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.05%
Original Mortgage
$160,000
Outstanding Balance
$153,290
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$150,624

Purchase Details

Listed on
Dec 17, 2013
Closed on
Apr 18, 2014
Sold by
Neufeld Henri and Neufeld Joseph
Bought by
Newinski Victor J and Newinski Carlotta J
Seller's Agent
Tim Frater
Frater Realty LLC
Buyer's Agent
Jeanne Benson
Southdale Properties Inc.
List Price
$125,000
Sold Price
$107,000
Premium/Discount to List
-$18,000
-14.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.71%

Purchase Details

Closed on
Mar 16, 2011
Sold by
Neufeld Holdings Ltd
Bought by
Neufeld Henri and Neufeld Joseph
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 $285,000 Palmetto Harbor Title
Warranty Deed $285,000 Palmetto Harbor Title
Warranty Deed $107,000 Attorney
Warranty Deed $60,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,000 New Conventional
Closed $160,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 Price Changed $299,998 -1.6% $265 / Sq Ft
05/30/2025 05/30/25 Price Changed $304,999 -1.6% $269 / Sq Ft
04/26/2025 04/26/25 Price Changed $309,900 -4.6% $273 / Sq Ft
04/24/2025 04/24/25 For Sale $325,000 +14.0% $287 / Sq Ft
07/07/2022 07/07/22 Sold $285,000 -9.5% $255 / Sq Ft
06/07/2022 06/07/22 Pending -- -- --
03/05/2022 03/05/22 For Sale $314,900 +194.3% $282 / Sq Ft
04/30/2014 04/30/14 Sold $107,000 -14.4% $96 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
12/17/2013 12/17/13 For Sale $125,000 -- $112 / 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 $3,930 $182,000 -- --
2023 $4,159 $192,000 $0 $192,000
2022 $3,269 $136,400 $0 $0
2021 $2,893 $124,000 $0 $124,000
2020 $2,985 $127,000 $0 $127,000
2019 $3,114 $134,000 $0 $134,000
2018 $2,728 $121,000 $0 $121,000
2017 $2,495 $109,000 $0 $0
2016 $2,325 $97,900 $0 $0
2015 $2,173 $89,000 $0 $0
2014 $1,867 $71,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2025

    Rebecca Claire

    The Keyes Company (PBG)

    (561) 309-9092

    2 in this area

    21 Total Sales

    Rebecca Claire
    Section Image

  • E

    Seller's Agent in 2022

    Elena Fleck

    Redfin Corporation

    Elena Fleck
    Section Image

  • M

    Buyer's Agent in 2022

    Michelle Pennington

    Coldwell Banker Realty

    (561) 488-7653

    1 in this area

    7 Total Sales

    Michelle Pennington
    Section Image

  • T

    Seller's Agent in 2014

    Tim Frater

    Frater Realty LLC

    (561) 722-5761

    2 in this area

    71 Total Sales

    Tim Frater
    Section Image

  • J

    Buyer's Agent in 2014

    Jeanne Benson

    Southdale Properties Inc.

    (561) 329-0090

    3 in this area

    8 Total Sales

    Jeanne Benson
    Section Image
See All Agents

About Jefferson Tower

Map

Source: BeachesMLS

MLS Number: R10781574

BeachesMLS

APN: 74-43-43-18-02-001-2002

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

2425 Presidential Way Unit 2002, West Palm Beach, FL

This home is located at 2425 Presidential Way Unit 2002, West Palm Beach, FL 33401 and is currently priced at $285,000, approximately $255 per square foot. This property was built in 1974. 2425 Presidential Way Unit 2002 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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