NOT LISTED FOR SALE

2451 Presidential Way Unit C West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $505,000 - $573,000

3 Beds
2.5 Baths
2,632 Sq Ft
$206/Sq Ft Est. Value

Last Sold September 16, 2019

Last sale price $257,000 $98 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $4,208/month

62 Days on Market

Highlights

  • Gated with Attendant
  • Garden View
  • Formal Dining Room
  • 127,935 Sq Ft lot
  • Community Pool
  • Attached Garage

About This Home

As of September 2019

Spacious 3 bedroom 2.5 bath townhouse with over 2600 square feet in prestigious gated community, walking distance to Jack Nicklaus Banyan Cay Golf Course. Large open floor plan, freshly painted with newer carpet in the bedrooms, granite counter tops in kitchen, master suite with his/her baths & move in ready. Enjoy the outdoor living space with a private courtyard, a balcony off the master bedroom and enclosed screened-in patio off the living room. 24 hour Manned Security gate. Great location minutes to Palm Beach Outlets, Restaurants, I-95, downtown West Palm, airport and beaches.

Last Agent to Sell the Property

Hector Vazquez

Premier Brokers International License #3383823 Listed on: 06/15/2019

Premier Brokers International

Last Buyer's Agent

Shelley Gerst

The Corcoran Group License #566241

The Corcoran Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,233

Year Built

  • Built in 1982

Lot Details

  • 2.94

HOA Fees

  • $766 Monthly HOA Fees

Interior Spaces

  • 2,632 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Formal Dining Room
  • Garden Views
  • Security Gate

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Patio
  • 2.94 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 74434318070020030

Community Details

Overview

  • Association fees include cable TV, sewer, water
  • Lands Of The President Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,233

Year Built

Built in 1982

Lot Details

0

HOA Fees

$766 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Palm Beach Lakes Blvd to Congress, north to Presidential Way, east to guard gate, straight on Presidential Way, unit on left.
  • Year Built: 1982
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Kitchen/Dining Combo, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2632.0
  • Dining Room Type: Laundry
  • Stories: 2

Exterior Features

  • Exterior Features: Patio
  • View: Garden
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Attached, Garage, Two or More Spaces

Utilities

  • Security: Security Gate, Gated with Guard, Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Association Fee: 766.0
  • Community Features: Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Cable TV, Sewer, Water

Lot Info

  • Parcel #: 74434318070020030
  • Lot Size Sq Ft: 127935.0
  • Zoning Description: MF32(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5233.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2021
Sold by
Hayes John
Bought by
Hayes John Phillip and John Phillip Hayes Trust
Total Days on Market
62
Current Estimated Value
$540,955

Purchase Details

Listed on
Jun 15, 2019
Closed on
Sep 13, 2019
Sold by
Palm Beach Real Estate Ventures Llc
Bought by
Hayes John
Seller's Agent
Hector Vazquez
Premier Brokers International
Buyer's Agent
Shelley Gerst
The Corcoran Group
List Price
$275,000
Sold Price
$257,000
Premium/Discount to List
-$18,000
-6.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.82%
Original Mortgage
$200,000
Outstanding Balance
$177,086
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$363,869

Purchase Details

Listed on
Sep 25, 2012
Closed on
Nov 8, 2012
Sold by
Suntrust Mortgage Inc
Bought by
Palm Beach Real Estate Ventures Llc
Seller's Agent
Nick Jackson
The Global Real Estate Group
Buyer's Agent
Tim Frater
Frater Realty LLC
List Price
$170,000
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%

Purchase Details

Closed on
Aug 10, 2012
Sold by
Federal National Mortgage Association
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
May 22, 2012
Sold by
Tinley Stephen D
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 1, 2003
Sold by
Friedrich Lawrence and Wilson Joanne
Bought by
Tinney Stephen D and Tinney Meenu Thandi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.87%

Purchase Details

Closed on
Apr 8, 1999
Sold by
Dunn David P and Dunn Wendy J
Bought by
Friedrich Lawrence and Wilson Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 1998
Sold by
Dunn David P
Bought by
Dunn David P and Dunn Wendy J

Purchase Details

Closed on
Nov 7, 1995
Sold by
Dunn Elise H
Bought by
Dunn David P
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
Hayes John Phillip -- Accommodation
Hayes John $257,000 Intracoastal Title Llc
Palm Beach Real Estate Ventures Llc $170,000 Boston Natl Title Agency Llc
Suntrust Mortgage Inc -- Boston National Title Agency
Federal National Mortgage Association $65,100 None Available
Tinney Stephen D $220,000 Integrity Land Title
Friedrich Lawrence $150,000 --
Dunn David P $100 --
Dunn David P $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes John $200,000
Previous Owner Tinney Stephen D $352,000
Previous Owner Tinney Stephen D $25,000
Previous Owner Tinney Stephen D $140,000
Previous Owner Dunn David P $18,440
Previous Owner Dunn David P $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2019 09/16/19 Sold $257,000 -6.5% $98 / Sq Ft
08/17/2019 08/17/19 Pending -- -- --
06/15/2019 06/15/19 For Sale $275,000 0.0% $104 / Sq Ft
12/01/2017 12/01/17 Rented $1,795 0.0% --
11/01/2017 11/01/17 Under Contract -- -- --
10/03/2017 10/03/17 For Rent $1,795 0.0% --
01/02/2013 01/02/13 Sold $170,000 0.0% $65 / Sq Ft
12/03/2012 12/03/12 Pending -- -- --
09/26/2012 09/26/12 For Sale $170,000 -- $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 $5,041 $278,646 -- --
2023 $4,908 $270,530 $0 $0
2022 $4,846 $262,650 $0 $0
2021 $4,826 $255,000 $0 $255,000
2020 $5,358 $235,000 $0 $235,000
2019 $5,409 $235,000 $0 $235,000
2018 $5,233 $235,000 $0 $235,000
2017 $4,935 $225,000 $0 $0
2016 $4,879 $196,988 $0 $0
2015 $4,406 $179,080 $0 $0
2014 $4,044 $162,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10539041

BeachesMLS

APN: 74-43-43-18-07-002-0030