NOT LISTED FOR SALE

2480 Presidential Way Unit 5030 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $388,592 - $521,000

2 Beds
2 Baths
1,855 Sq Ft
$763/mo HOA Fee

Last Sold March 03, 2021

Last sale price $310,000 $167 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,655/month

129 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Lake View
  • On Golf Course
  • Gated with Attendant
  • Clubhouse

About This Home

As of March 2021

Stunning Spacious & Completely Updated 2-Bedroom 2- Bath Condo. Large floor to ceiling sliding doors that let in lots of natural light. Completed Updated kitchen with SS appliances. Relax and enjoy sitting on the sunny large balcony with beautiful panoramic views! Extra storage, Electric shutters in bedroom windows, Accordion shutters on balcony Pools, gym, AND Covered Parking , 24hour manned gated security. Don't miss this rare opportunity to have it all UNDER 350K.! Easy to Show. Contact Listing Agent Today for showing.

Last Agent to Sell the Property

Nicole Morris

Sellstate Priority Realty Netw License #3031919 Listed on: 09/24/2020

Sellstate Priority Realty Netw

Last Buyer's Agent

Marie Vallon

Rinker Realty Inc License #3247539

Rinker Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,468

Year Built

  • Built in 1984

Lot Details

  • On Golf Course

HOA Fees

  • $763 Monthly HOA Fees

Property Views

  • Lake
  • Garden

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1,855 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Parking

  • Detached Garage
  • Detached Carport Space

Outdoor Features

  • Balcony
  • Open Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434318100005030

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, maintenance structure, parking, pest control, pool(s), reserve fund, roof, security, trash, water
  • Lands Of The President Subdivision
  • 20-Story Property

Amenities

  • Doorman
  • Sauna
  • Clubhouse
  • Billiard Room
  • Community Library
  • Elevator
  • Community Storage Space

Recreation

  • Tennis Courts
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,468

Year Built

Built in 1984

Lot Details

0

HOA Fees

$763 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 /Lands of The President
  • Year Built: 1984
  • Carport Y N: Yes
  • Entry Level: 5
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Dual Sinks, Jetted Tub, Living/Dining Room, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Wood
  • Living Area: 1855.0
  • Dining Room Type: Laundry
  • Stories: 20

Exterior Features

  • Exterior Features: Balcony
  • View: Garden, Lake
  • Lot Features: On Golf Course
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Disclosures: Foreign Seller
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No
  • Parking Features: Detached Carport, Detached, Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: 763.0
  • Community Features: Gated, Property Manager On-Site, Pool, Sauna, Shuffleboard, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Amenities: Billiard Room, Clubhouse, Fitness Center, Library, Management, Pool, Shuffleboard Court, Sauna, Storage, Tennis Court(s), Trail(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Structure, Parking, Pest Control, Pool(s), Reserve Fund, Roof, Security, Trash, Water

Lot Info

  • Parcel #: 74434318100005030
  • Zoning Description: Multi Re
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4468.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Feb 23, 2021
Sold by
Laporte Sylvain and Cadieux France
Bought by
Morales Mariano and Martin Maria A
Seller's Agent
Nicole Morris
Sellstate Priority Realty Netw
Buyer's Agent
Marie Vallon
Rinker Realty Inc
List Price
$349,900
Sold Price
$310,000
Premium/Discount to List
-$39,900
-11.4%
Current Estimated Value
$447,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,648
Avg. Annual Appreciation
8.22%

Purchase Details

Closed on
Sep 12, 2011
Sold by
Hsbc Bank Usa National Association
Bought by
Laporte Sylvain and Cadieux France

Purchase Details

Closed on
Jan 18, 2011
Sold by
Polakoff Gerald
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Nov 8, 2006
Sold by
Zhou June
Bought by
Polakoff Gerald

Purchase Details

Closed on
Apr 6, 2006
Sold by
Waldman Gloria
Bought by
Polakoff Gerald and Lu Xun Hong

Purchase Details

Closed on
Sep 1, 2005
Sold by
Waldman Gloria
Bought by
Polakoff Gerald and Lu Xnu Hong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
6.6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 3, 2005
Sold by
Waldman William
Bought by
Waldman Gloria

Purchase Details

Closed on
Mar 28, 1996
Sold by
Waldman Gloria
Bought by
Waldman William and Waldman Robert
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Morales Mariano $298,000 Patch Reef Title Company Inc
Laporte Sylvain $109,900 North American Title Company
Hsbc Bank Usa National Association -- North American Title Company
Hsbc Bank Usa National Association $97,100 None Available
Polakoff Gerald -- Attorney
Polakoff Gerald -- Flagler Title Company
Polakoff Gerald $315,000 Flagler Title Company
Waldman Gloria -- --
Waldman William $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Polakoff Gerald $236,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2021 03/03/21 Sold $310,000 -11.4% $167 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
09/24/2020 09/24/20 For Sale $349,900 -- $189 / 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 $6,527 $309,000 -- --
2023 $6,284 $289,542 $0 $0
2022 $5,749 $263,220 $0 $0
2021 $4,894 $221,000 $0 $221,000
2020 $4,651 $221,000 $0 $221,000
2019 $4,469 $226,000 $0 $226,000
2018 $3,790 $186,000 $0 $186,000
2017 $3,327 $146,000 $0 $0
2016 $3,843 $154,396 $0 $0
2015 $3,437 $140,360 $0 $0
2014 $3,310 $127,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nicole Morris

    Sellstate Priority Realty Netw

    (561) 601-3729

    1 in this area

    10 Total Sales

    Nicole Morris
    Section Image

  • M

    Buyer's Agent in 2021

    Marie Vallon

    Rinker Realty Inc

    (561) 635-8113

    8 in this area

    22 Total Sales

    Marie Vallon
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10657886

BeachesMLS

APN: 74-43-43-18-10-000-5030

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

2480 Presidential Way Unit 5030, West Palm Beach, FL

This home is located at 2480 Presidential Way Unit 5030, West Palm Beach, FL 33401 since 24 September 2020 and is currently estimated at $447,648, approximately $241 per square foot. This property was built in 1984. 2480 Presidential Way Unit 5030 is a home located in Palm Beach County with nearby schools including Roosevelt Elementary School, Roosevelt Middle School, and Palm Beach Lakes 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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