NOT LISTED FOR SALE

602 Executive Center Dr Unit 105 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $204,000 - $247,000

2 Beds
2 Baths
800 Sq Ft
$360/mo HOA Fee

Last Sold July 31, 2017

Last sale price $100,000 $125 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $1,924/month

157 Days on Market

Highlights

  • Clubhouse
  • Furnished
  • Tennis Courts
  • Roman Tub
  • Community Pool
  • Built-In Features

About This Home

As of July 2017

SELLER MOTIVATED! Fully furnished AS-IS, 1st floor condo with nice open patio for grilling and relaxing. Lake Place feels like a resort with beautifully maintained common areas. 2nd Bedroom wall removed to extend living area and includes a Murphy bed. Unit was updated approximately 6 years ago. Friendly neighbors. close to shopping and the beaches. Amenities include pool, hot tub, tennis, clubhouse & fitness. West Palm Beach provides many scenic parks, cultural and social events, sporting activities, dining & shopping. ROOM SIZES ARE APPROXIMATE.

Last Agent to Sell the Property

Timothy Lambert

LAER Realty Partners Bowen/Wellington License #3319239 Listed on: 01/24/2017

LAER Realty Partners Bowen/Wellington

Last Buyer's Agent

Dennis Nelson

EXP Realty LLC License #636192

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,906

Year Built

  • Built in 1992

Lot Details

  • 1

HOA Fees

  • $360 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 800 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring
  • Security Gate
  • Washer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Roman Tub

Parking

  • Guest Parking
  • Assigned Parking

Utilities

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

Additional Features

  • Patio
  • Fenced

Listing and Financial Details

  • Assessor Parcel Number 74434320056021050

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, pool(s), reserve fund, roof, sewer, water
  • Lake Place Condo Subdivision

Amenities

  • Clubhouse
  • Community Library

Recreation

  • Tennis Courts
  • Shuffleboard Court
  • Community Pool
  • Community Spa

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,906

Year Built

Built in 1992

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 to Palm Beach Lakes Blvd, South on Congress Ave to Executive Center Dr, E. to gated entrance on Left side
  • Year Built: 1992
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Garden Tub/Roman Tub, Living/Dining Room, Pantry
  • Furnished: Furnished
  • Spa Features: Community
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 800.0
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Fence, Patio
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Security: Security Gate
  • Cooling: Central Air, Ceiling Fan(s), 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: 360.0
  • Community Features: Clubhouse, Property Manager On-Site, Pool, Shuffleboard, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Library, Management, Pool, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

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

Lot Info

  • Parcel #: 74434320056021050
  • Zoning Description: MF32(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1906.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2017
Closed on
Jul 23, 2017
Sold by
Diaz Mangiafico Angel and Diaz Mangiafico Ernesto
Bought by
Hollo Tamas
Seller's Agent
Timothy Lambert
LAER Realty Partners Bowen/Wellington
Buyer's Agent
Dennis Nelson
EXP Realty LLC
List Price
$125,000
Sold Price
$100,000
Premium/Discount to List
-$25,000
-20%
Current Estimated Value
$233,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,775
Avg. Annual Appreciation
11.34%

Purchase Details

Closed on
Sep 18, 2003
Sold by
Fortier Yvon and Fortier Guylaine
Bought by
Diaz Angel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,300
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2002
Sold by
Lavoie Fortier Guylaine and Fortier Yvon
Bought by
Yvan Prevost & Associates Inc

Purchase Details

Closed on
Mar 6, 2002
Sold by
Perras Pierre and Estate Of Robert Perras
Bought by
Fortier Guylaine
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
Hollo Tamas $100,000 Patch Reef Title Co Inc
Diaz Angel J $97,000 Automated Land Title Co
Yvan Prevost & Associates Inc $57,500 Automated Land Title Co
Fortier Guylaine $26,615 Automated Land Title Company
Fortier Guylaine $50,000 Automated Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diaz Angel J $87,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2017 07/31/17 Sold $100,000 -20.0% $125 / Sq Ft
07/01/2017 07/01/17 Pending -- -- --
01/24/2017 01/24/17 For Sale $125,000 -- $156 / 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 $3,276 $134,431 -- --
2023 $2,933 $122,210 $0 $0
2022 $2,628 $111,100 $0 $0
2021 $2,392 $101,000 $0 $101,000
2020 $2,216 $92,000 $0 $92,000
2019 $2,238 $92,000 $0 $92,000
2018 $2,052 $88,000 $0 $88,000
2017 $2,017 $92,000 $0 $0
2016 $1,906 $76,133 $0 $0
2015 $1,873 $69,212 $0 $0
2014 $1,689 $62,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10301827

BeachesMLS

APN: 74-43-43-20-05-602-1050