NOT LISTED FOR SALE

2480 Presidential Way Unit 3040 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $497,679 - $516,000

3 Beds
3 Baths
2,334 Sq Ft
$877/mo HOA Fee

Last Sold May 03, 2017

Last sale price $235,000 $101 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $3,736/month

31 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Marble Flooring
  • Water Views
  • Gated with Attendant
  • Den

About This Home

As of May 2017

Great price to reflect renovations needed to make this 2,300+ 3B/3b into your dream home. Enjoy newly made man-made pond view through mature trees & greenery. Gated community. Doorman building, tennis courts, party room, exercise room. Convenient location to airport, arts, shopping & dining. New Bayan Cay Golf Country Club, Noble House Hotel 7 Spa and Jack Nicklaus signature golf coming soon!

Last Agent to Sell the Property

Pamela Slotkin

Brown Harris Stevens of PB License #324976 Listed on: 03/02/2017

Brown Harris Stevens of PB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,279

Year Built

  • Built in 1984

HOA Fees

  • $877 Monthly HOA Fees

Property Views

  • Water
  • Garden

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 2,334 Sq Ft Home
  • Bar
  • Sliding Windows
  • Casement Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den
  • Closed Circuit Camera

Kitchen

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

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Open Parking
  • Assigned Parking

Utilities

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

Additional Features

  • Exterior Lighting
  • Sprinkler System

Listing and Financial Details

  • Assessor Parcel Number 74434318100003040

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, pest control, pool(s), recreation facilities, roof, sewer, security, trash, water
  • High-Rise Condominium
  • Lands Of The President Subdivision
  • 19-Story Property

Amenities

  • Doorman
  • Elevator

Recreation

  • Fitness Center

Security

  • Gated with Attendant
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,279

Year Built

Built in 1984

Lot Details

0

HOA Fees

$877 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Palm Beach Lakes to N. Congress, Right at Embassy Drive. Straight to gate house & Presidential Way
  • Year Built: 1984
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Entrance Foyer, Eat-in Kitchen, Living/Dining Room, Bar
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Carpet, Marble
  • Living Area: 2334.0
  • Dining Room Type: Den, Laundry, Storage Room
  • Stories: 19
  • Window Features: Casement Window(s), Sliding

Exterior Features

  • Exterior Features: TV Antenna
  • View: Garden, Water
  • Lot Features: Sprinklers Automatic
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Tar/Gravel

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Assigned, Open

Utilities

  • Security: Closed Circuit Camera(s), Door Man, Gated with Guard, Fire Sprinkler System
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 877.0
  • Community Features: Fitness Center
  • Senior Community: No
  • Amenities: Fitness Center, Trash, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

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

Lot Info

  • Parcel #: 74434318100003040
  • Zoning Description: RD-1

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2279.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2023
Sold by
Bade Edwige Gilbert
Bought by
Revocable Trust
Current Estimated Value
$508,170

Purchase Details

Listed on
Mar 2, 2017
Closed on
May 3, 2017
Sold by
Paraskevas Celeste and Paraskevas Angelos L
Bought by
Bade John J and Bade Edwig Gilbert
Seller's Agent
Pamela Slotkin
Brown Harris Stevens of PB
List Price
$245,000
Sold Price
$235,000
Premium/Discount to List
-$10,000
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%

Purchase Details

Closed on
Jan 25, 2006
Sold by
Paraskevas Angelos and Paraskevas Celeste
Bought by
Paraskevas Celeste and Paraskevas Angelos L

Purchase Details

Closed on
Nov 30, 2005
Sold by
Kleikamp Gerti M
Bought by
Paraskevas Angelos and Paraskevas Celeste

Purchase Details

Closed on
Mar 14, 2005
Sold by
Mann Lillian E
Bought by
Kleikamp Gerti M
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Revocable Trust -- --
Bade John J $235,000 Attorney
Paraskevas Celeste -- None Available
Paraskevas Angelos $484,000 Premier Title Company Ltd
Kleikamp Gerti M $330,000 Premier Title Company Ltd
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2017 05/03/17 Sold $235,000 -4.1% $101 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
03/02/2017 03/02/17 For Sale $245,000 -- $105 / 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 $2,329 $151,054 -- --
2023 $2,253 $146,654 $0 $0
2022 $2,310 $142,383 $0 $0
2021 $2,287 $138,236 $0 $0
2020 $2,267 $136,327 $0 $0
2019 $2,224 $133,262 $0 $0
2018 $2,060 $130,777 $0 $0
2017 $2,294 $141,213 $0 $0
2016 $1,147 $138,309 $0 $0
2015 $2,323 $137,348 $0 $0
2014 $2,322 $136,258 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10313081

BeachesMLS

APN: 74-43-43-18-10-000-3040