NOT LISTED FOR SALE

2435 Presidential Way Unit E West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $595,000 - $632,000

3 Beds
3.5 Baths
2,632 Sq Ft
$750/mo HOA Fee

Last Sold November 10, 2021

Last sale price $432,000 $164 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,700/month

33 Days on Market

Highlights

  • Gated with Attendant
  • Atrium Room
  • Community Pool
  • Golf Course View
  • Attic
  • Formal Dining Room

About This Home

As of November 2021

QUICK-make an appt to see this very special 3 bed 3 1/2 bath charming, sunny, updated townhome located on the golf course with expansive unobstructed views in upscale Lands of the President/Banyan Cay, a private gated community only 3 1/2 miles from Palm Beach International Airport. . It's huge! Not one small room! Double carport in front; very spacious private courtyard leads to the front door. Main floor consists of open kitchen/dining/living rooms and 2 pc guest bath. Laundry room off the kitchen. This floor is a grand open area. If you have or want lots of furniture & art, this one's for you. Custom built-ins and wet bar! This townhome has the most gorgeous, most coveted view in this quiet and secluded little enclave of 20 townhomes. One minute walk to the private community pool.

Last Agent to Sell the Property

Joan Wynne

Premier Brokers International License #660061 Listed on: 09/07/2021

Premier Brokers International

Last Buyer's Agent

Karen Deveau

United Realty Group Inc License #3388825

United Realty Group Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,452

Year Built

  • Built in 1982

Lot Details

  • Sprinkler System

HOA Fees

  • $750 Monthly HOA Fees

Property Views

  • Golf Course
  • Canal

Interior Spaces

  • 2,632 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Bar
  • Sliding Windows
  • Entrance Foyer
  • Formal Dining Room
  • Atrium Room
  • Pull Down Stairs to Attic

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Washer and Dryer
  • Laundry Tub

Home Security

Parking

  • Over 1 Space Per Unit
  • Guest Parking
  • Open Parking

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434318070010050

Community Details

Overview

  • Association fees include management, cable TV, insurance, ground maintenance, maintenance structure, parking, pest control, reserve fund, roof, sewer, security, trash, water
  • 20 Units
  • Parliament Golf Villas Co Subdivision

Recreation

  • Community Pool
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,452

Year Built

Built in 1982

Lot Details

0

HOA Fees

$750 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 (1st light). Presidential Way through gate straight ahead to last group of townhomes on left side. 2435E is in the first group.
  • Year Built: 1982
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Pantry, Pull Down Attic Stairs, Separate Shower, Bar, Atrium, Attic
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2632.0
  • Dining Room Type: Attic, Atrium
  • Stories: 2
  • Window Features: Sliding

Exterior Features

  • View: Canal, Golf Course
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Attached, Covered, Garage, Guest, Open, Two or More Spaces

Utilities

  • Laundry Features: Laundry Tub
  • Security: 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, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 750.0
  • Community Features: Gated, Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Pool, Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Reserve Fund, Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 74434318070010050
  • Zoning Description: MF32(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4452.0

Multi Family

  • Number Of Units In Community: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Nov 29, 2021
Sold by
Stuart Schaftel
Bought by
Schaftel Barbara L
Seller's Agent
Joan Wynne
Premier Brokers International
Buyer's Agent
Karen Deveau
United Realty Group Inc
List Price
$444,000
Sold Price
$432,000
Premium/Discount to List
-$12,000
-2.7%
Total Days on Market
33
Current Estimated Value
$607,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,332
Avg. Annual Appreciation
9.92%

Purchase Details

Listed on
Sep 7, 2021
Closed on
Nov 10, 2021
Sold by
Schaftel Barbara L and Schaftel Stuart
Bought by
Mcdermott Anthony and Mcdermott Susan A
Seller's Agent
Joan Wynne
Premier Brokers International
Buyer's Agent
Karen Deveau
United Realty Group Inc
List Price
$444,000
Sold Price
$432,000
Premium/Discount to List
-$12,000
-2.7%

Purchase Details

Closed on
Sep 28, 2000
Sold by
Swid Stephen and Eisner Carol
Bought by
Schaftel Stuart and Schaftel Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.92%
Mortgage Type
Credit Line Revolving
Source: Public Records

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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
Schaftel Barbara L -- --
Mcdermott Anthony $432,000 South Fl Ttl Insurers Of Pal
Schaftel Barbara L -- --
Schaftel Stuart $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schaftel Stuart $165,500
Previous Owner Schaftel Stuart $160,000
Previous Owner Schaftel Stuart $75,983
Previous Owner Schaftel Stuart $132,067
Previous Owner Schaftel Stuart $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $432,000 -2.7% $164 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $444,000 -- $169 / 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 $8,711 $415,764 -- --
2023 $7,385 $390,764 $0 $390,764
2022 $7,520 $347,275 $0 $0
2021 $4,480 $239,087 $0 $0
2020 $4,452 $235,786 $0 $235,786
2019 $4,517 $236,700 $0 $236,700
2018 $4,352 $236,700 $0 $236,700
2017 $5,099 $226,700 $0 $0
2016 $5,273 $221,870 $0 $0
2015 $4,771 $201,700 $0 $0
2014 $2,687 $151,946 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10743881

BeachesMLS

APN: 74-43-43-18-07-001-0050