NOT LISTED FOR SALE

1620 Presidential Way Unit 104 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $366,000 - $458,000

3 Beds
3 Baths
2,595 Sq Ft
180,338 Sq Ft Lot

Sale Details

Date Sold: May 31, 2018

Last sale price $270,000 $104 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,434 / mo

120 Days on Market

Highlights

  • Fitness Center
  • 4.14 Acre Lot
  • Main Floor Primary Bedroom
  • Gated Community
  • Clubhouse
  • Outdoor Living Area

About This Home

As of May 2018

Lowest Priced 3BR/3BA in WPB. Two Spacious Units combined creating 2,600 sq ft of absolute luxury living. Perfect for multi-generational families or home office. Shows beautifully .. professionally staged. Open Floor plan. 3 Bedrooms (2 Master Suites), 3 baths. Large Kitchen with Granite and Stainless Steel appliances. Living/Dining Room, Separate family room, plus Office/Den with private entrance. Polished 18'' x 18'' porcelain-travertine flooring. New plush carpeting in bedrooms. 10' ceilings. Lot of storage space. Community amenities include on-site management, gated entry, security guard, pool, fitness center, clubhouse & sauna. Fantastic location - near PBI Airport, the Outlet Mall, Whole Foods, 2.5 miles to City Place. 3.5 miles to Beach.

Last Agent to Sell the Property

Robert Kime

Palm Beach Real Estate Team Inc License #3352494 Listed on: 12/15/2017

Last Buyer's Agent

Alisa Squillacote

Keller Williams Realty - Welli License #3229049

Keller Williams Realty - Welli

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,182

Year Built

  • Built in 2004

Lot Details

  • North Facing Home

HOA Fees

  • $732 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 2,595 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Windows
  • Combination Dining and Living Room
  • Carpet
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Jettted Tub and Separate Shower in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Living Area

Utilities

  • Zoned Heating and Cooling
  • Three-Phase Power
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 74434317280021020

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, pest control, recreation facilities, sewer, security, trash, water
  • 97 Units
  • Park Place Condominium Subdivision
  • 5-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Billiard Room
  • Elevator

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community
  • Storm Windows
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,182

Year Built

Built in 2004

Lot Details

4.14 Acres

HOA Fees

$732 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: 95 to Palm Beach Lakes Blvd East, Left on Congress, Right on Presidential Way, 1st right onto Park Place Condominiums. Guest Parking to the left of Main Driveway
  • Year Built: 2004
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bathtub, Elevator, High Ceilings, Jetted Tub, Living/Dining Room, Main Level Primary, Multiple En Suite Bathrooms, Split Bedrooms, Soaking Tub, Separate Shower, Tub Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Entry Level Living Area Y
  • Flooring: Carpet
  • Living Area: 2595.0
  • Stories: 5
  • Window Features: Blinds, Sliding, Storm Window(s)

Exterior Features

  • Exterior Features: Outdoor Living Area
  • Pool Features: Association
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside, Laundry Closet
  • Security: Security System, Fire Sprinkler System, Gated Community, Key Card Entry, Smoke Detector(s), Security Guard
  • Cooling: Ceiling Fan(s), Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 732.32
  • Pets Allowed: Yes
  • Community Features: Property Manager On-Site
  • Senior Community: No
  • Amenities: Billiard Room, Clubhouse, Elevator(s), Fitness Center, Pool, Recreation Facilities, Sauna, Sidewalks
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Pest Control, Recreation Facilities, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 74434317280021020
  • Lot Size Acres: 4.14
  • Lot Size Sq Ft: 180338.4
  • Mobile Dim Units: Feet
  • Zoning: MF32(c

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3181.85

Multi Family

  • Number Of Units In Community: 97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2021
Sold by
Village Commerce Corp
Bought by
Brown Mark
Current Estimated Value
$412,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Outstanding Balance
$205,724
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$206,708

Purchase Details

Closed on
Oct 7, 2020
Sold by
Salnick Susan and Salnick Susan
Bought by
Village Commerce Corp

Purchase Details

Listed on
Dec 15, 2017
Closed on
May 24, 2018
Sold by
Minkin Nikolay and Minkin Larisa
Bought by
Salnick Susan and The Stacy Salnick Supplemental Needs Tr
Seller's Agent
Robert Kime
Palm Beach Real Estate Team Inc
Buyer's Agent
Alisa Squillacote
Keller Williams Realty - Welli
List Price
$299,900
Sold Price
$270,000
Premium/Discount to List
-$29,900
-9.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%

Purchase Details

Closed on
Aug 20, 2004
Sold by
1600 Presidential Way Llc
Bought by
Minkin Nikolay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,920
Interest Rate
1.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Brown Mark $240,000 Attorney
Brown Mark $240,000 None Listed On Document
Village Commerce Corp $50,000 Attorney
Salnick Susan $270,000 Citrus Title Insurance Agenc
Minkin Nikolay $344,900 Trans State Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Mark $228,000
Closed Brown Mark $228,000
Previous Owner Minkin Nikolay $275,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2018 05/31/18 Sold $270,000 -10.0% $104 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
12/15/2017 12/15/17 For Sale $299,900 -- $116 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $5,768 $323,260 -- --
2024 $5,768 $314,150 -- --
2023 $5,618 $305,000 $0 $305,000
2022 $4,824 $219,350 $0 $0
2021 $4,437 $195,000 $0 $195,000
2020 $4,479 $195,000 $0 $195,000
2019 $5,077 $220,000 $0 $220,000
2018 $3,285 $145,000 $0 $145,000
2017 $3,182 $140,000 $0 $0
2016 $3,089 $126,445 $0 $0
2015 $2,959 $114,950 $0 $0
2014 $2,712 $104,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10389698

BeachesMLS (Greater Fort Lauderdale)

APN: 74-43-43-17-28-002-1020

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