NOT LISTED FOR SALE

3000 Presidential Way Unit 401 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $211,464 - $287,000

2 Beds
2 Baths
1,046 Sq Ft
6.71 Acres

Last Sold October 26, 2018

Last sale price $132,500 $127 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,583/month

Highlights

  • Community Cabanas
  • Gated with Attendant
  • Garden View
  • Fitness Center
  • Clubhouse
  • Great Room

About This Home

As of October 2019

2/2 Corner unit with wrap-around screened balcony. overlooking the new Banyan Cay resort and residences.Completely furnished and equipped and ready for someone to enjoy the Florida winter. Enjoy your coffee iin the morning while watching the sunrise.Conveniet location just minutes to Downtown,Palm Beach,shopping, dining,beaches and Palm Beach International Airport. Walk to the Palm Beach Premium Outlets with shopping dining and even Whole Foods.

Last Agent to Rent the Property

Shelley Gerst

The Corcoran Group License #566241 Listed on: 10/06/2019

The Corcoran Group

Last Renter's Agent

Barry Salandro

Village Realty Group LLC License #3072917

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1975

Lot Details

  • 6.71

Interior Spaces

  • 1,046 Sq Ft Home
  • Great Room
  • Screened Porch
  • Garden Views
  • Security Gate

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Open Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Balcony
  • West Facing Home

Listing and Financial Details

  • Property Available on 10/1/19
  • Assessor Parcel Number 74434307020314010

Community Details

Overview

  • 1,000 Units
  • Lands Of The President Co Subdivision

Recreation

  • Fitness Center
  • Community Cabanas
  • Community Pool

Additional Features

  • Clubhouse
  • Gated with Attendant

Condo Details

Home Type

Condominium

Year Built

Built in 1975

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2019-10-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: PALM BEACH LAKES TO CONGRESS TO PRESIDENTIAL WAY
  • Year Built: 1975
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Elevator, Split Bedrooms, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Laminate, Tile
  • Living Area: 1046.0
  • Dining Room Type: Great Room

Exterior Features

  • Exterior Features: Balcony, Enclosed Porch
  • View: Garden
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Direction Faces: West
  • Patio And Porch Features: Porch, Screened

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Clubhouse, Pool, Sidewalks
  • Senior Community: No
  • Amenities: Cabana, Clubhouse, Fitness Center, Pool, Trash
  • Pets Allowed: Conditional, No

Lot Info

  • Parcel #: 74434307020314010

Multi Family

  • Number Of Units In Community: 1000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2018
Closed on
Oct 26, 2018
Sold by
Secontine Timothy J and Mary Margaret Secontine Trust
Bought by
Skrela George
Seller's Agent
Eric Slifkin
Keller Williams Realty Of The Treasure Coast
Buyer's Agent
Shelley Gerst
The Corcoran Group
List Price
$149,900
Sold Price
$132,500
Premium/Discount to List
-$17,400
-11.61%
Current Estimated Value
$241,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,616
Avg. Annual Appreciation
8.72%
Original Mortgage
$92,750
Outstanding Balance
$56,949
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$184,167

Purchase Details

Closed on
Nov 29, 2016
Sold by
Secontine Mary Margaret and Secontine Mary Margaret K
Bought by
Secontine Mary Margaret and Mary Margaret Secontine Trust

Purchase Details

Closed on
Sep 19, 1995
Sold by
Secontine Irma J
Bought by
Secontine Robert W and Secontine Mary Margaret
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Skrela George $132,500 Patch Reef Title Company Inc
Secontine Mary Margaret -- Attorney
Secontine Robert W $9,263 Burton Abstract & Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skrela George $92,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2019 10/06/19 For Rent $2,500 0.0% --
10/06/2019 10/06/19 Rented $2,500 0.0% --
10/26/2018 10/26/18 Sold $132,500 -11.6% $127 / Sq Ft View Prior Sale
09/26/2018 09/26/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $149,900 -- $143 / 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
2025 $3,797 $183,013 -- --
2024 $3,797 $166,375 -- --
2023 $3,395 $151,250 $0 $0
2022 $3,213 $137,500 $0 $0
2021 $2,914 $125,000 $0 $125,000
2020 $2,774 $119,000 $0 $119,000
2019 $2,549 $106,000 $0 $106,000
2018 $2,206 $106,000 $0 $106,000
2017 $1,965 $88,000 $0 $0
2016 $1,912 $74,669 $0 $0
2015 $1,732 $67,881 $0 $0
2014 $1,563 $61,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shelley Gerst

    Landlord's Agent in 2019

    Shelley Gerst

    The Corcoran Group

    (561) 655-9029

    35 in this area

    36 Total Sales

    Shelley Gerst
    Section Image

  • B

    Tenant's Agent in 2019

    Barry Salandro

    Village Realty Group LLC

    (561) 632-8268

    4 in this area

    35 Total Sales

    Barry Salandro
    Section Image
  • Eric Slifkin

    Seller's Agent in 2018

    Eric Slifkin

    Keller Williams Realty Of The Treasure Coast

    (888) 288-1765

    43 Total Sales

    Eric Slifkin
    Section Image

  • B

    Seller Co-Listing Agent in 2018

    Bill Gilmour

    Keller Williams Realty Of The Treasure Coast

    (772) 349-6007

    36 Total Sales

    Bill Gilmour
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10567318

BeachesMLS

APN: 74-43-43-07-02-031-4010

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

3000 Presidential Way Unit 401, West Palm Beach, FL

Not Listed for Sale

Condos

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