$230,000
SOLD SEP 11, 2023

2520 Presidential Way Unit 203 West Palm Beach, FL 33401

Banyan Cay Neighborhood
2 Beds
2 Baths
1,173 Sq Ft
$623/mo HOA Fee

Recently Sold

$196 Per Sq Ft

8% Below List Price

142 Days on Market

Highlights

  • Gated with Attendant
  • Sauna
  • Screened Porch
  • Garden View
  • Great Room
  • Community Pool

About This Home

As of September 2023

make offer, This unit will sell fast. new air conditioner, new water heater, new washer & Dryer combo, new painting, with remodeled kitchen that you will love it. Great split floor plan. 24/7 manned Gated community. Banyan Cay Golf club on the side. Beautiful gardens view from large wide screened balcony living room and both bedrooms! Mins to all shopping, beaches, airport PBIA, downtown palm beach....

Last Agent to Sell the Property

Lu Li

Highlight Realty Corp/LW License #3306809 Listed on: 04/21/2023

Highlight Realty Corp/LW

Last Buyer's Agent

Maria Mitchell

LoKation License #3450807

LoKation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,539

Year Built

  • Built in 1975

HOA Fees

  • $623 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 1,173 Sq Ft Home
  • 2-Story Property
  • Bar
  • Ceiling Fan
  • Tinted Windows
  • Great Room
  • Screened Porch
  • Tile Flooring
  • Garden Views
  • Washer and Dryer

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434307020292030

Community Details

Overview

  • Association fees include management, insurance, ground maintenance, maintenance structure, parking, pest control, roof, sewer, water
  • Lands Of The President Co Subdivision

Recreation

  • Community Pool

Additional Features

  • Sauna
  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,539

Year Built

Built in 1975

Lot Details

0

HOA Fees

$623 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: north of palm beach lakes blvd, east of congress ave
  • Year Built: 1975
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Eat-in Kitchen, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1173.0
  • Dining Room Type: Great Room
  • Stories: 2
  • Window Features: Tinted Windows

Exterior Features

  • Exterior Features: Enclosed Porch
  • View: Garden, Other
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Security: Gated with Guard
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 623.0
  • Community Features: Gated, Pool, Sauna, Sidewalks
  • Senior Community: No
  • Amenities: Pool, Sauna
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Roof, Sewer, Water

Lot Info

  • Parcel #: 74434307020292030
  • Zoning Description: MF32 - M

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3539.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
Sep 11, 2023
Sold by
Frugoni Carlos M
Bought by
Pereira Albertina Dos Reis
Seller's Agent
Lu Li
Highlight Realty Corp/LW
Buyer's Agent
Maria Mitchell
LoKation
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%
Views
94

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%
Original Mortgage
$170,250
Outstanding Balance
$167,057
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$87,558

Purchase Details

Listed on
Jul 1, 2020
Closed on
Dec 30, 2020
Sold by
Cohen Steven L
Bought by
Frugoni Carlos Maria
Seller's Agent
Lana Morrissey
Premier Brokers International
Buyer's Agent
Isabel Leo
Illustrated Properties LLC
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.78%

Purchase Details

Closed on
Apr 25, 2001
Sold by
Paul M Cohen M and Marcia L Cohen M
Bought by
Cohen Steven L and Cohen Mary A
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 Type Sale Price Title Company
Warranty Deed $230,000 None Listed On Document
Warranty Deed $145,000 Integrity Land Title
Warranty Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $170,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 For Sale $257,500 +12.0% $220 / Sq Ft
09/11/2023 09/11/23 Sold $230,000 -8.0% $196 / Sq Ft
04/21/2023 04/21/23 For Sale $249,900 +72.3% $213 / Sq Ft
01/04/2021 01/04/21 Sold $145,000 -3.3% $124 / Sq Ft
12/05/2020 12/05/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $149,900 -- $128 / 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 $3,678 $212,000 -- --
2023 $3,836 $174,240 $0 $0
2022 $3,539 $158,400 $0 $0
2021 $2,739 $126,000 $0 $126,000
2020 $2,555 $118,000 $0 $118,000
2019 $2,370 $108,000 $0 $108,000
2018 $2,048 $95,000 $0 $95,000
2017 $1,813 $77,000 $0 $0
2016 $1,771 $70,543 $0 $0
2015 $1,652 $64,130 $0 $0
2014 $1,517 $58,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10883519

BeachesMLS

APN: 74-43-43-07-02-029-2030