NOT LISTED FOR SALE

Jefferson Tower 2425 Presidential Way Unit 60 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $244,789 - $266,000

2 Beds
2 Baths
1,294 Sq Ft
$533/mo HOA Fee

Last Sold November 04, 2013

Last sale price $87,000 $67 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $2,258/month

7 Days on Market

Highlights

  • Doorman
  • Walk-In Closet
  • Central Heating and Cooling System
  • Balcony
  • Open Patio
  • Combination Dining and Living Room

About This Home

As of November 2013

New Carpet and Paint! This home is eligible under the Freddie Mac First Look Initiative through 10/11/2013. This home is eligible for HomeSteps Financing a" no mortgage insurance required, no appraisal required, low down payment and more. Visit the HomeSt eps website for more information on this financing program.

Last Agent to Sell the Property

Warren Cleveland

Every Florida Home License #3204490 Listed on: 09/27/2013

Co-Listed By

Jeanne Greek

Gulfstream Properties License #3013868

Last Buyer's Agent

Michael Kanka

Re/Max Prestige Realty/LWB License #3245329

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,400

Year Built

  • Built in 1974

Lot Details

  • Northwest Facing Home

HOA Fees

  • $533 Monthly HOA Fees

Interior Spaces

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

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 74434318020006030

Community Details

Overview

  • Lands Of The President 7 Subdivision
  • 20-Story Property

Amenities

  • Doorman

Pet Policy

  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,400

Year Built

Built in 1974

Lot Details

0

HOA Fees

$533 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Palm Beach Lakes to Congress to Presidential Way. Through guard gate to Jefferson Tower.
  • Year Built: 1974
  • Special Features: RealEstateOwned

Interior Features

  • Interior Amenities: Living/Dining Room, Split Bedrooms, Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet
  • Living Area: 1294.0
  • Stories: 20

Exterior Features

  • Exterior Features: Balcony
  • View: Other
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: Northwest
  • Patio And Porch Features: Balcony, Open

Garage/Parking

  • Garage Yn: No

Utilities

  • Security: Door Man
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 533.0
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Size Limit

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Parcel #: 74434318020006030

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2014
Sold by
Debrito Adilson Monteirao and Souza Brito Maria Rosely
Bought by
Britos Investment Llc
Current Estimated Value
$255,680

Purchase Details

Listed on
Sep 27, 2013
Closed on
Oct 29, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Debrito Adilson Monteiro and Brito Maria Rosely Souza
Seller's Agent
Warren Cleveland
Every Florida Home
Buyer's Agent
Michael Kanka
Re/Max Prestige Realty/LWB
List Price
$89,900
Sold Price
$87,000
Premium/Discount to List
-$2,900
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%

Purchase Details

Listed on
Sep 27, 2013
Closed on
Oct 28, 2013
Sold by
Citimortgage Inc
Bought by
Federal Home Loan Mortgage Corporation
Seller's Agent
Warren Cleveland
Every Florida Home
Buyer's Agent
Michael Kanka
Re/Max Prestige Realty/LWB
List Price
$89,900
Sold Price
$87,000
Premium/Discount to List
-$2,900
-3.23%

Purchase Details

Closed on
Jul 24, 2013
Sold by
Reedy Joseph C
Bought by
Citimortgage Inc

Purchase Details

Closed on
Nov 7, 2011
Sold by
Reedy Joseph C and Seager William
Bought by
The Lands Of The President Condominium S

Purchase Details

Closed on
Aug 7, 2001
Sold by
Norman Schaffer I
Bought by
Reedy Joseph C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,400
Interest Rate
7.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Britos Investment Llc -- Attorney
Debrito Adilson Monteiro $87,000 Attorney
Federal Home Loan Mortgage Corporation -- Attorney
Citimortgage Inc $22,600 None Available
The Lands Of The President Condominium S $700 None Available
Reedy Joseph C $80,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reedy Joseph C $79,000
Previous Owner Reedy Joseph C $108,900
Previous Owner Reedy Joseph C $80,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2013 11/04/13 Sold $87,000 -3.2% $67 / Sq Ft
10/05/2013 10/05/13 Pending -- -- --
09/27/2013 09/27/13 For Sale $89,900 -- $69 / 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 $3,759 $171,699 -- --
2023 $3,625 $156,090 $0 $0
2022 $3,299 $141,900 $0 $0
2021 $3,001 $129,000 $0 $129,000
2020 $2,809 $119,000 $0 $119,000
2019 $2,865 $124,000 $0 $124,000
2018 $2,500 $111,000 $0 $111,000
2017 $2,279 $99,000 $0 $0
2016 $2,118 $89,000 $0 $0
2015 $2,058 $84,000 $0 $0
2014 $1,754 $70,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2013

    Warren Cleveland

    Every Florida Home

    (561) 307-1332

    Section Image

  • J

    Seller Co-Listing Agent in 2013

    Jeanne Greek

    Gulfstream Properties

    (561) 732-6833

    Section Image

  • M

    Buyer's Agent in 2013

    Michael Kanka

    Re/Max Prestige Realty/LWB

See All Agents

About Jefferson Tower

Map

Source: BeachesMLS

MLS Number: R9980905

BeachesMLS

APN: 74-43-43-18-02-000-6030

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

2425 Presidential Way Unit 60, West Palm Beach, FL

This home is located at 2425 Presidential Way Unit 60, West Palm Beach, FL 33401 since 27 September 2013 and is currently estimated at $256,197, approximately $197 per square foot. This property was built in 1974. 2425 Presidential Way Unit 60 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.

Nearby Homes