NOT LISTED FOR SALE

616 Executive Center Dr Unit 106 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $226,000 - $251,000

2 Beds
2 Baths
800 Sq Ft
$400/mo HOA Fee

Last Sold February 22, 2021

Last sale price $140,000 $175 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,770/month

227 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Garden View
  • Newly Remodeled
  • Main Floor Bedroom
  • Community Pool

About This Home

As of February 2021

Magnificent 2 bedroom condo in a gated community. Split floor plan. Very attractive layout! Tile flooring. Washer/dryer in the unit. Enjoy your private garden patio! Amazing community amenities including a pool, tennis court, fitness center, etc! Perfect location… easy access to shops, restaurants and highways. Unit won’t last!

Last Agent to Sell the Property

Rebecca Batterman

Compass Florida, LLC License #3261621 Listed on: 06/23/2020

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,237

Year Built

  • Built in 1992 | Newly Remodeled

Lot Details

  • 1

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Concrete Block And Stucco Construction

Interior Spaces

  • 800 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Tile Flooring
  • Garden Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • 1 Car Parking Space
  • Guest Parking
  • Assigned Parking

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 74434320056161060

Community Details

Overview

  • 96 Units
  • Lake Place Condo
  • Lake Place Condo Subdivision

Amenities

  • Clubhouse
  • Billiard Room
  • Community Library

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Building Details

Security

  • Card or Code Access
  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,237

Year Built

Built in 1992 | Newly Remodeled

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1992
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Directions: Take I95 to Okeechobee Blvd (exit 70). Turn left onto Okeechobee Blvd. Turn right onto Congress Ave. Turn right onto Executive Center Drive.
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: LAKE PLACE CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 800
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Window Features: Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Dining Room Features: Snack Bar/Counter

Exterior Features

  • View: Garden View
  • Construction Type: CBS Construction
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAKE PLACE CONDO
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: 1 Space, Assigned, Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Card Entry, Phone Entry

Condo/Co-op/Association

  • Association Fee: 400
  • Amenities: Billiard Room, Clubhouse-Clubroom, Exercise Room, Library, Exterior Lighting, Pool, Shuffleboard, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 74434320056161060
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 400
  • Number Of Units In Community: 96
  • Number Of Units Total: 16

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2237

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2020
Closed on
Feb 22, 2021
Sold by
Paniccia Rocco
Bought by
Gizaw Dagnachew
Seller's Agent
Rebecca Batterman
Compass Florida, LLC
List Price
$145,000
Sold Price
$140,000
Premium/Discount to List
-$5,000
-3.45%
Current Estimated Value
$239,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,095
Avg. Annual Appreciation
12.96%
Original Mortgage
$98,000
Outstanding Balance
$88,842
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$153,980

Purchase Details

Closed on
Apr 26, 1995
Sold by
Lake Place Condo Assn
Bought by
Paniccia Rocco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.35%
Source: Public Records

Range of Values:

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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
Gizaw Dagnachew $140,000 Attorney
Paniccia Rocco $66,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gizaw Dagnachew $98,000
Previous Owner Paniccia Rocco $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2021 02/22/21 Sold $140,000 -3.4% $175 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
06/08/2020 06/08/20 For Sale $145,000 -- $181 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $830 $131,870 -- --
2023 $1,553 $128,029 $0 $0
2022 $1,800 $124,300 $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

  • R

    Seller's Agent in 2021

    Rebecca Batterman

    Compass Florida, LLC

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10875973

MIAMI REALTORS® MLS

APN: 74-43-43-20-05-616-1060

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

616 Executive Center Dr Unit 106, West Palm Beach, FL

This home is located at 616 Executive Center Dr Unit 106, West Palm Beach, FL 33401 since 23 June 2020 and is currently estimated at $239,095, approximately $298 per square foot. This property was built in 1992. 616 Executive Center Dr Unit 106 is a home located in Palm Beach County with nearby schools including Westward Elementary School, Bear Lakes 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.

MIAMI REALTORS® MLS 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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