NOT LISTED FOR SALE

616 Executive Center Dr Unit 5 205 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $224,000 - $264,000

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

Last Sold January 31, 2020

Last sale price $138,000 $172 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,837/month

1 Day on Market

Highlights

  • Clubhouse
  • Garden View
  • Community Pool
  • Deck
  • Furnished
  • Tennis Courts

About This Home

As of January 2020

GREAT Corner unit second floor with ground floor court yard Right to have Motorcycle. This centrally located community is minutes to City Place, West Palm, I95 and shopping. When you step into the court yard you immediately have a tropical setting with barbecue area and social gathering patio. Step up stairs and you have an open deck area again pleasant seating and cool breezes. Inside this modern home the kitchen has been remodeled. The master suite has a walk in, Bathroom Completely Redone Nicely with large shower, lots of closet space and sliding glass doors onto the deck with a peek a boo look at the water. Large living room with decorator etched mirror, Guest bedroom/den with full bath and tub. Just the perfect location and Right to Rent!

Last Agent to Sell the Property

Micheline Diotte

Trio Real Estate License #3145794 Listed on: 12/30/2019

Last Buyer's Agent

Jade Mather

Coldwell Banker Realty License #3415265

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,282

Year Built

  • Built in 1992

Lot Details

  • Fenced

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 800 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Blinds
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Garden Views
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Open Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434320056162050

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, pest control, pool(s), security, trash, water
  • 96 Units
  • Lake Place Condo Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,282

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: I95 to Palm Beach Lakes Blvd. south on Congress Avenue, to Executive Center Drive East to entrance gate on left side of street.
  • Year Built: 1992
  • Entry Level: 2
  • Year Built Details: Resale
  • Pets No Pets Comments: Other Pet Restrictions:Possible Restrictions
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Furnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Other
  • Living Area: 800.0
  • Stories: 2
  • Window Features: Blinds

Exterior Features

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

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Security: Security Gate
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 360.0
  • Community Features: Clubhouse, Property Manager On-Site, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Management, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly

Fee Information

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

Lot Info

  • Parcel #: 74434320056162050
  • Zoning Description: res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2282.0

Multi Family

  • Number Of Units In Community: 96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2021
Sold by
Ayala Sabrina
Bought by
Ayala Sabrina and Ayala Jose
Current Estimated Value
$246,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Outstanding Balance
$88,432
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$158,424

Purchase Details

Listed on
Dec 30, 2019
Closed on
Dec 14, 2019
Sold by
Sirard Marc
Bought by
Ayala Sabrina
Seller's Agent
Micheline Diotte
Trio Real Estate
Buyer's Agent
Jade Mather
Coldwell Banker Realty
List Price
$145,000
Sold Price
$138,000
Premium/Discount to List
-$7,000
-4.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.98%

Purchase Details

Listed on
Apr 27, 2011
Closed on
Feb 29, 2012
Sold by
Frechette Scott
Bought by
Sirard Marc
Seller's Agent
Shirley Cassa
Inactive Member
Buyer's Agent
Denis Lussier
Denis Lussier RE Broker
List Price
$87,000
Sold Price
$76,000
Premium/Discount to List
-$11,000
-12.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%

Purchase Details

Closed on
Aug 12, 1999
Sold by
Chartier Micheline
Bought by
Frechette Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,950
Interest Rate
7.7%
Mortgage Type
FHA
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
Ayala Sabrina -- Fidelity Natl Ttl Of Fl Inc
Ayala Sabrina -- Fidelity National Title
Ayala Sabrina $138,000 First International Ttl Inc
Sirard Marc $76,000 Automated Land Title Co
Frechette Scott $54,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayala Sabrina $97,000
Closed Ayala Sabrina $97,000
Previous Owner Frechette Scott $73,000
Previous Owner Frechette Scott $18,400
Previous Owner Frechette Scott $52,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $138,000 -4.8% $173 / Sq Ft
01/01/2020 01/01/20 Pending -- -- --
12/30/2019 12/30/19 For Sale $145,000 +90.8% $181 / Sq Ft
02/29/2012 02/29/12 Sold $76,000 -12.6% $95 / Sq Ft
01/30/2012 01/30/12 Pending -- -- --
04/27/2011 04/27/11 For Sale $87,000 -- $109 / 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 $1,622 $111,458 -- --
2023 $1,564 $108,212 $0 $0
2022 $1,524 $105,060 $0 $0
2021 $1,499 $102,000 $0 $102,000
2020 $2,260 $94,000 $0 $94,000
2019 $2,283 $94,000 $0 $94,000
2018 $2,095 $90,000 $0 $90,000
2017 $2,224 $97,000 $0 $0
2016 $2,073 $86,515 $0 $0
2015 $2,027 $78,650 $0 $0
2014 $1,831 $71,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Micheline Diotte

    Seller's Agent in 2020

    Micheline Diotte

    Trio Real Estate

    (561) 853-4040

    1 in this area

    11 Total Sales

    Micheline Diotte
    Section Image

  • J

    Buyer's Agent in 2020

    Jade Mather

    Coldwell Banker Realty

    (203) 994-2431

    15 Total Sales

    Jade Mather
    Section Image

  • S

    Seller's Agent in 2012

    Shirley Cassa

    Inactive Member

  • D

    Buyer's Agent in 2012

    Denis Lussier

    Denis Lussier RE Broker

    (561) 689-1670

    6 in this area

    7 Total Sales

    Denis Lussier
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10587924

BeachesMLS

APN: 74-43-43-20-05-616-2050

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

616 Executive Center Dr Unit 5 205, West Palm Beach, FL

This home is located at 616 Executive Center Dr Unit 5 205, West Palm Beach, FL 33401 since 30 December 2019 and is currently estimated at $246,856, approximately $308 per square foot. This property was built in 1992. 616 Executive Center Dr Unit 5 205 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.

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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