NOT LISTED FOR SALE

3050 Presidential Way Unit 302 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $220,000 - $328,000

2 Beds
2 Baths
1,034 Sq Ft
$499/mo HOA Fee

Last Sold April 19, 2022

Last sale price $230,000 $222 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,242/month

32 Days on Market

Highlights

  • Lake Front
  • Gated with Attendant
  • Walk-In Closet
  • Fitness Center
  • Community Pool
  • Ceramic Tile Flooring

About This Home

As of April 2022

Totally upgraded and updated 2/2 condo close to the new outlet mall, downtown, beaches, restaurants and highways. New floors, appliances, AC. Walk-in closet in the master bedroom. Private screened balcony.

Last Agent to Sell the Property

Nader Goubran

United Properties of SE FL License #3036293 Listed on: 02/15/2022

Last Buyer's Agent

Danielle Riess

Petruzzelli Real Estate License #3479622

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,762

Year Built

  • Built in 1975

Lot Details

  • 6.71

HOA Fees

  • $499 Monthly HOA Fees

Interior Spaces

  • 1,034 Sq Ft Home
  • 4-Story Property
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Additional Features

  • Lake Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 74434307020323020

Community Details

Overview

  • Lands Of The President Co Subdivision

Recreation

  • Fitness Center
  • Community Pool

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,762

Year Built

Built in 1975

Lot Details

0

HOA Fees

$499 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: PB LAKES BLVD TO Congress Ave, Head north to Presidential way, go thru Main gate, follow road to end on right. It is the last turn before back gate.
  • Year Built: 1975
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Security: Gated with Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 499.0
  • Community Features: Gated, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Lot Info

  • Parcel #: 74434307020323020
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2762.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2022
Closed on
Apr 15, 2022
Sold by
High Point West Trust
Bought by
Hintze James
Seller's Agent
Nader Goubran
United Properties of SE FL
Buyer's Agent
Danielle Riess
Petruzzelli Real Estate
List Price
$245,000
Sold Price
$230,000
Premium/Discount to List
-$15,000
-6.12%
Current Estimated Value
$254,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,766
Avg. Annual Appreciation
3.17%
Original Mortgage
$184,000
Outstanding Balance
$175,943
Interest Rate
5%
Estimated Equity
$79,961

Purchase Details

Closed on
Jan 14, 2021
Sold by
Chin Tiffany A
Bought by
High Point West Trust

Purchase Details

Closed on
Aug 18, 2020
Sold by
Chin Tiffany A
Bought by
High Point West Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 2, 2020
Sold by
Chin Tiffany A and Lands Of President Condo Eight
Bought by
Ayoub Emad and The High Point West Trust

Purchase Details

Closed on
Mar 4, 2004
Sold by
Jimenez Alfonso and Rueda Carmen
Bought by
Chin Tiffany A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000
Interest Rate
5.72%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 4, 2001
Sold by
Cummings Gaylyn and Greiner Fred L
Bought by
Jimenez Alfonso and Rueda Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.59%
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
Hintze James $230,000 First American Title
High Point West Trust -- --
High Point West Trust $90,300 None Available
Ayoub Emad -- Attorney
Chin Tiffany A $96,000 Fidelity National Title Insu
Jimenez Alfonso $69,000 Terramar Guaranty Title & Tr
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hintze James $184,000
Previous Owner High Point West Trust $90,000
Previous Owner Chin Tiffany A $3,000
Previous Owner Chin Tiffany A $76,800
Previous Owner Jimenez Alfonso $55,000
Closed Chin Tiffany A $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2022 04/19/22 Sold $230,000 -6.1% $222 / Sq Ft
03/20/2022 03/20/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $245,000 -- $237 / 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 $4,780 $216,700 -- --
2023 $4,262 $197,000 $0 $197,000
2022 $3,058 $129,800 $0 $0
2021 $2,762 $118,000 $0 $118,000
2020 $2,566 $111,000 $0 $111,000
2019 $2,353 $98,000 $0 $98,000
2018 $2,118 $98,000 $0 $98,000
2017 $1,879 $80,000 $0 $0
2016 $685 $50,294 $0 $0
2015 $697 $49,944 $0 $0
2014 $696 $49,548 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2022

    Nader Goubran

    United Properties of SE FL

    (561) 296-7844

    5 in this area

    21 Total Sales

    Nader Goubran
    Section Image

  • D

    Buyer's Agent in 2022

    Danielle Riess

    Petruzzelli Real Estate

    (561) 212-3533

    1 in this area

    2 Total Sales

    Danielle Riess
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10777098

BeachesMLS

APN: 74-43-43-07-02-032-3020

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

3050 Presidential Way Unit 302, West Palm Beach, FL

This home is located at 3050 Presidential Way Unit 302, West Palm Beach, FL 33401 since 15 February 2022 and is currently estimated at $254,766, approximately $246 per square foot. This property was built in 1975. 3050 Presidential Way Unit 302 is a home located in Palm Beach County with nearby schools including Roosevelt Elementary School, Roosevelt Middle School, and Palm Beach Lakes Community 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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