NOT LISTED FOR SALE

470 Executive Center Dr Unit 55 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $176,000 - $203,000

2 Beds
2 Baths
1,133 Sq Ft
$459/mo HOA Fee

Last Sold November 07, 2017

Last sale price $110,500 $98 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,602/month

74 Days on Market

Highlights

  • Lake Front
  • Sauna
  • Community Pool
  • Clubhouse
  • Great Room
  • Tennis Courts

About This Home

As of November 2017

GREAT LAKE VIEWS FROM EVERY ROOM!!!! Penthouse, with laminate wood floors throughout, upgraded bathrooms and full panoramic lake view of Clear Lake and downtown West Palm Beach. Largest 2/2 floor plan in Breakwaters. Close to I-95 and CityPlace.

Last Agent to Sell the Property

Mariana Dudek

Leibowitz Realty Group, LLC./PBG License #3234111 Listed on: 07/25/2017

Last Buyer's Agent

NELSON MOSCOSO

Century 21 America's Choice/WPB License #426245

Century 21 America's Choice/WPB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,455

Year Built

  • Built in 1979

Lot Details

  • Lake Front
  • Northeast Facing Home
  • Sprinkler System

HOA Fees

  • $459 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 1,133 Sq Ft Home
  • Great Room
  • Combination Dining and Living Room
  • Lake Views
  • Security Gate

Kitchen

  • Electric Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434320020020055

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, pool(s), sewer, trash, water
  • Breakwaters Of The Palm B Subdivision
  • 5-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,455

Year Built

Built in 1979

Lot Details

0

HOA Fees

$459 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 to Okeechobee Blvd to Congress North to Executive Center Drive, make left into Breakwaters
  • Year Built: 1979
  • Entry Level: 5
  • Special Features: None

Interior Features

  • Interior Amenities: Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate, Tile
  • Living Area: 1133.0
  • Dining Room Type: Great Room
  • Stories: 5

Exterior Features

  • Exterior Features: Balcony
  • View: Lake, Water
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Community
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: Northeast
  • Patio And Porch Features: Balcony, Open

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Security: Security Gate, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 459.0
  • Community Features: Clubhouse, Fitness, Property Manager On-Site, Pool, Sauna, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Sewer, Trash, Water

Lot Info

  • Parcel #: 74434320020020055
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1455.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2017
Closed on
Nov 7, 2017
Sold by
Palm Beach Pands Llc
Bought by
Boswell John Lee
Seller's Agent
Mariana Dudek
Leibowitz Realty Group, LLC./PBG
Buyer's Agent
NELSON MOSCOSO
Century 21 America's Choice/WPB
List Price
$113,500
Sold Price
$110,500
Premium/Discount to List
-$3,000
-2.64%
Current Estimated Value
$188,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,604
Avg. Annual Appreciation
7.06%

Purchase Details

Closed on
Sep 4, 2012
Sold by
Vangerud Heather
Bought by
Palm Beach Pads Llc

Purchase Details

Closed on
Jul 22, 2011
Sold by
Mccormick 105 Llc
Bought by
Vangerud Heather R

Purchase Details

Closed on
May 5, 2011
Sold by
Steelman Charles A
Bought by
Mccormick 105 Llc

Purchase Details

Closed on
Aug 18, 2006
Sold by
Almeida Igor J
Bought by
Steelman Charles A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2003
Sold by
El Naggar Mohammed
Bought by
Almeida Igor J

Purchase Details

Closed on
Aug 30, 2002
Sold by
Davis Wanda
Bought by
El Naggar Mohamed

Purchase Details

Closed on
Jun 3, 1996
Sold by
Dunetz Rodney and Dunetz Susan
Bought by
Davis Bobby L and Davis Wanda B
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
Boswell John Lee $110,500 Assure America Title Co
Palm Beach Pads Llc $36,000 Attorney
Vangerud Heather R $36,000 Attorney
Mccormick 105 Llc -- None Available
Steelman Charles A $160,000 Capital Abstract & Title
Almeida Igor J $80,000 Fidelity National Title Ins
El Naggar Mohamed $62,000 --
Davis Wanda B -- --
Davis Bobby L $37,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steelman Charles A $152,000
Previous Owner Almeida Igor J $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2017 11/07/17 Sold $110,500 -2.6% $98 / Sq Ft
10/08/2017 10/08/17 Pending -- -- --
07/25/2017 07/25/17 For Sale $113,500 -- $100 / 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 $1,354 $98,345 -- --
2023 $1,301 $95,481 $0 $0
2022 $1,263 $92,700 $0 $0
2021 $1,238 $90,000 $0 $90,000
2020 $1,249 $90,000 $0 $90,000
2019 $2,194 $90,000 $0 $90,000
2018 $1,944 $83,000 $0 $83,000
2017 $1,508 $70,000 $0 $0
2016 $1,455 $54,571 $0 $0
2015 $1,366 $49,610 $0 $0
2014 $1,234 $45,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10353620

BeachesMLS

APN: 74-43-43-20-02-002-0055