NOT LISTED FOR SALE

470 Executive Center Dr Unit 27 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $170,744 - $194,000

2 Beds
2 Baths
906 Sq Ft
9 Acres

Last Sold April 30, 2019

Last sale price $108,000 $119 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,254/month

Highlights

  • Lake Front
  • Gated Community
  • Community Pool
  • Fitness Center
  • Clubhouse
  • Balcony

About This Home

As of December 2023

2 BEDROOMS / 2 FULL BATHROOMS, MODERN KITCHEN, NEW CENTRAL A/C, BALCONY WITH GREAT VIEW, 5 MINUTES TO PALM BEACH OUTLETS, & I-95, 10-15 MINUTES TO PALM BEACH AIRPORT, DOWNTOWN WEST PALM BEACH, CITY PLACE, TRAIN STATIONS AND ST. MARY'S MEDICAL CENTER. CLOSE TO PALM BEACH. HOA DOES NOT ALLOW PETS.

Last Agent to Rent the Property

Morys Azcarate

New Adventures Inc. License #3049673 Listed on: 12/02/2023

Last Renter's Agent

Morys Azcarate

New Adventures Inc. License #3049673 Listed on: 12/02/2023

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,907

Year Built

  • Built in 1979

Lot Details

  • 9

Interior Spaces

  • 906 Sq Ft Home
  • Tile Flooring
  • Lake Views
  • Security Gate

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Open Patio

Additional Features

  • Lake Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $500
  • Property Available on 12/2/23
  • Assessor Parcel Number 74434320020020027

Community Details

Overview

  • 235 Units
  • Breakwaters Of The Palm B Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,907

Year Built

Built in 1979

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2023-12-02
  • Security Deposit: 500.0

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: NORTH CONGRESS AVENUE AND WEST EXECUTIVE CENTER DRIVE
  • Year Built: 1979
  • Entry Level: 4
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 906.0

Exterior Features

  • Exterior Features: Balcony, Tennis Court(s)
  • View: Lake
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Patio And Porch Features: Balcony, Open

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Laundry Features: Common Area
  • Security: Security Gate
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Pool, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Laundry, Pool, Tennis Court(s)
  • Pets Allowed: No

Lot Info

  • Parcel #: 74434320020020027
  • Land Lease Amount Frequency: Monthly

Multi Family

  • Number Of Units In Community: 235

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2022
Sold by
Grupo Cuervo Llc
Bought by
Marias Properties Inc
Current Estimated Value
$184,804

Purchase Details

Listed on
Mar 19, 2019
Closed on
Apr 30, 2019
Sold by
Moreira Maria L
Bought by
Grupo Cuervo Llc
Seller's Agent
Eduardo Arriagada
Century 21 Tenace Realty
List Price
$115,000
Sold Price
$108,000
Premium/Discount to List
-$7,000
-6.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%

Purchase Details

Listed on
Dec 12, 2017
Closed on
Feb 2, 2018
Sold by
Essex Heini M and Balch Heini M
Bought by
Moreira Maria L
Seller's Agent
Satu Barish
Atlantic Florida Properties Inc
Buyer's Agent
Eduardo Arriagada
Century 21 Tenace Realty
List Price
$129,900
Sold Price
$126,000
Premium/Discount to List
-$3,900
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.69%

Purchase Details

Closed on
Oct 1, 2004
Sold by
Kerr Scott R and Kerr Scott R
Bought by
Balch Heini M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2003
Sold by
Chaparro Edward A and Chaparro Patricia P
Bought by
Kerr Scott R and Kerr Scott R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Marias Properties Inc $176,000 --
Grupo Cuervo Llc $108,000 Attorney
Moreira Maria L $126,000 First Internatinal Title Inc
Balch Heini M $123,500 --
Kerr Scott R $85,000 United Title Land Services I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Balch Heini M $96,000
Previous Owner Kerr Scott R $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2023 12/27/23 Rented $1,850 0.0% --
12/27/2023 12/27/23 Under Contract -- -- --
12/09/2023 12/09/23 Price Changed $1,850 -5.1% $2 / Sq Ft
12/02/2023 12/02/23 For Rent $1,950 +62.5% --
07/10/2019 07/10/19 Rented $1,200 0.0% --
05/16/2019 05/16/19 For Rent $1,200 0.0% --
04/30/2019 04/30/19 Sold $108,000 -6.1% $119 / Sq Ft
03/31/2019 03/31/19 Pending -- -- --
03/19/2019 03/19/19 For Sale $115,000 -8.7% $127 / Sq Ft
02/02/2018 02/02/18 Sold $126,000 -3.0% $139 / Sq Ft
01/03/2018 01/03/18 Pending -- -- --
12/12/2017 12/12/17 For Sale $129,900 -- $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
2024 $2,907 $132,000 -- --
2023 $2,902 $131,000 $0 $131,000
2022 $2,224 $90,750 $0 $0
2021 $1,990 $82,500 $0 $82,500
2020 $2,008 $82,500 $0 $82,500
2019 $2,028 $82,500 $0 $82,500
2018 $1,481 $75,500 $0 $75,500
2017 $1,313 $62,500 $0 $0
2016 $1,269 $45,920 $0 $0
2015 $1,202 $41,745 $0 $0
2014 $1,081 $37,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10940168

BeachesMLS

APN: 74-43-43-20-02-002-0027