NOT LISTED FOR SALE

3050 Presidential Way Unit 102 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $196,213 - $284,000

2 Beds
2 Baths
1,034 Sq Ft
$480/mo HOA Fee

Last Sold July 06, 2021

Last sale price $148,500 $144 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,016/month

619 Days on Market

Highlights

  • Gated with Attendant
  • Garden View
  • Community Pool
  • 292,175 Sq Ft lot
  • Screened Porch
  • Balcony

About This Home

As of July 2021

Bright & Cozy 1st floor condo, 2 bedrooms, 2 full bathrooms with Washer & dryer in unit. Located in The Senate in beautiful gated community of Lands of the President. Beautiful clean building with 24 Hour Security Guarded Gate House, Nice outdoor space with Lake-view & beautifully kept lawn. Walking distance to the beautiful Pool. Walking distance to Palm Beach Outlets, Restaurants, Few Minutes from Downtown West Palm Beach, City Place, and of course the Beach. Close to I95 Expressway & Airport. Walk to Jack Nicklaus Banyan Cay Golf course. Move in ready & Easy to show.

Last Agent to Sell the Property

Hector Vazquez

Premier Brokers International License #3383823 Listed on: 09/25/2019

Premier Brokers International

Last Buyer's Agent

Maria Pafundi

Partnership Realty Inc. License #3466907

Partnership Realty Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,979

Year Built

  • Built in 1975

Lot Details

  • 6.71

HOA Fees

  • $480 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,034 Sq Ft Home
  • 4-Story Property
  • Blinds
  • Combination Dining and Living Room
  • Screened Porch
  • Ceramic Tile Flooring
  • Garden Views
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434307020321020

Community Details

Overview

  • Association fees include sewer, trash, water
  • Lands Of The President Co Subdivision

Recreation

  • Community Pool

Security

  • Gated with Attendant
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,979

Year Built

Built in 1975

Lot Details

0

HOA Fees

$480 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: N on Congress Avenue to Presidential Way to guard gate. After gate follow road to Senate entrance on the right and look for building 3050.
  • Year Built: 1975
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1034.0
  • Dining Room Type: Laundry
  • Stories: 4
  • Window Features: Blinds

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 480.0
  • Community Features: Gated, Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Sewer, Trash, Water

Lot Info

  • Parcel #: 74434307020321020
  • Lot Size: 5 to <10 Acres
  • Lot Size Sq Ft: 292175.0
  • Zoning Description: MF32(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1979.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2019
Closed on
Jul 6, 2021
Sold by
Banks Emma and Emma Banks Revocable Trust
Bought by
Sherker Kevin
Seller's Agent
Hector Vazquez
Premier Brokers International
Buyer's Agent
Maria Pafundi
Partnership Realty Inc.
List Price
$165,000
Sold Price
$148,500
Premium/Discount to List
-$16,500
-10%
Total Days on Market
619
Current Estimated Value
$231,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,553
Avg. Annual Appreciation
10.09%

Purchase Details

Closed on
Jul 29, 2014
Sold by
Banks Emma
Bought by
Banks Emma and Emma Banks Revocable Trust

Purchase Details

Closed on
Jun 8, 2007
Sold by
Banks Clotee
Bought by
Banks Emma and Banks Clotee

Purchase Details

Closed on
Dec 17, 2003
Sold by
Banks Monica Claudine
Bought by
Banks Emma

Purchase Details

Closed on
Apr 28, 1998
Sold by
Wagner Barbara S
Bought by
Banks Emma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.09%
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
Sherker Kevin $148,500 Attorney
Sherker Kevin $148,500 None Listed On Document
Banks Emma -- Attorney
Banks Emma -- Flagler Title Company
Banks Emma -- --
Banks Emma $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banks Clotee $50,000
Previous Owner Banks Emma $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2021 07/06/21 Sold $148,500 -10.0% $144 / Sq Ft
06/06/2021 06/06/21 Pending -- -- --
09/25/2019 09/25/19 For Sale $165,000 -- $160 / 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 $3,786 $170,500 -- --
2023 $3,396 $155,000 $0 $155,000
2022 $3,284 $146,300 $0 $0
2021 $2,591 $114,000 $0 $114,000
2020 $2,405 $105,000 $0 $105,000
2019 $2,201 $92,000 $0 $92,000
2018 $1,979 $92,000 $0 $92,000
2017 $1,747 $74,000 $0 $0
2016 $1,700 $67,349 $0 $0
2015 $1,569 $61,226 $0 $0
2014 $1,430 $55,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10564086

BeachesMLS

APN: 74-43-43-07-02-032-1020