NOT LISTED FOR SALE

Lincoln Tower West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $228,000 - $331,000

3 Beds
2 Baths
1,499 Sq Ft
1972 Built

Last Sold July 18, 2023

Last sale price $320,000 $213 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,928/month

123 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Garden View
  • Fitness Center
  • Clubhouse
  • Community Pool

About This Home

As of July 2023

The best three bedroom available in Palm Beach County. Bright and light, split bedrooms that are newly carpeted with two full baths. Fully tiled huge living/dining, wet bar, renovated kitchen with washer/dryer, granite counter-tops and stainless steel appliances. The balconies have beautiful golf course views. It is in a gated country club community. The community offers several amenities to its residents, including two 18-hole golf courses, a clubhouse, a fitness center, a swimming pool, and tennis courts. The community also has 24-hour security and a doorman at the entrance of the building. The community is conveniently located close to PBIA, beaches, shopping, and dining.

Last Agent to Sell the Property

John Diaz

KW Reserve Business Brokerage LLC License #3091836 Listed on: 07/04/2023

KW Reserve Business Brokerage LLC

Last Buyer's Agent

Marie Vallon

Rinker Realty Inc License #3247539

Rinker Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,405

Year Built

  • Built in 1972

Parking

  • Deeded Parking

Property Views

  • Garden

Interior Spaces

  • 1,499 Sq Ft Home
  • Wet Bar
  • Custom Mirrors
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights

Utilities

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

Additional Features

  • West Facing Home

Listing and Financial Details

  • Assessor Parcel Number 74434317100004040

Community Details

Overview

  • Association fees include common areas, cable TV, HVAC, ground maintenance, sewer, security, water
  • Lands Of The President Condo 3 Subdivision
  • 20-Story Property

Amenities

  • Elevator
  • Bike Room

Recreation

  • Golf Course Community
  • Tennis Courts

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,405

Year Built

Built in 1972

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 to Palm Beach Lakes Blvd.(exit 71) East to Congress Ave . Make left to Presidential Way, make right to Guard Shack. Continue to second Hi-rise on right to 2400, The Lincoln.
  • Year Built: 1972
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Living/Dining Room, Custom Mirrors, Main Level Primary, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Main Level Bedrooms: 3
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: Entry Level Living Area Y
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1499.0
  • Stories: 20
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Garden, Pool, Tennis Court
  • Pool Features: Association
  • Pool Private: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Concrete
  • Direction Faces: West
  • Patio And Porch Features: Covered, Balcony
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Deeded

Utilities

  • Laundry Features: Washer Hookup
  • Security: Security System, Gated with Guard, Gated Community, Lobby Secured, Phone Entry, Security Guard, Security Lights
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Individual
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 813.0
  • Phone: 561-686-2972
  • Pets Allowed: No
  • Community Features: Gated, Property Manager On-Site, Street Lights
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Fitness Center, Golf Course, Pool, Sidewalks, Tennis Court(s), Trash, Elevator(s)
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, HVAC, Maintenance Grounds, Sewer, Security, Water

Lot Info

  • Parcel #: 74434317100004040
  • Mobile Dim Units: Feet
  • Zoning: MF32(c

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1404.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2023
Closed on
Jul 18, 2023
Sold by
Weiser Revocable Living Trust
Bought by
Sondra G Hoffman Revocable Trust and Hoffman
Seller's Agent
John Diaz
KW Reserve Business Brokerage LLC
Buyer's Agent
Marie Vallon
Rinker Realty Inc
List Price
$359,000
Sold Price
$320,000
Premium/Discount to List
-$39,000
-10.86%
Current Estimated Value
$289,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,907
Avg. Annual Appreciation
-3.73%
Original Mortgage
$288,000
Outstanding Balance
$279,566
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$9,527

Purchase Details

Closed on
Dec 4, 2021
Sold by
Weiser Stephen J
Bought by
Weiser Stephen J and Weiser Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2020
Sold by
Weiser Stephen J
Bought by
Weiser Stephen J and The Weiser Revocable Living Tr

Purchase Details

Closed on
Aug 16, 2018
Sold by
Weiser Stephen J
Bought by
Weiser Stephen J and The Weiser Revocable Living Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 12, 2013
Closed on
Jul 25, 2013
Sold by
Weiser Stephen J
Bought by
Weiser Stephen J and Weiser Revocable Living Trust
Seller's Agent
Cheryl Barnes
Buy-Sell-Rent
Buyer's Agent
Manal Hammad
Compass Florida LLC
List Price
$159,900
Sold Price
$115,000
Premium/Discount to List
-$44,900
-28.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%

Purchase Details

Listed on
Feb 12, 2013
Closed on
May 31, 2013
Sold by
Segovia Jose Luiz Pereira
Bought by
Weiser Stephen J
Seller's Agent
Cheryl Barnes
Buy-Sell-Rent
Buyer's Agent
Manal Hammad
Compass Florida LLC
List Price
$159,900
Sold Price
$115,000
Premium/Discount to List
-$44,900
-28.08%

Purchase Details

Listed on
Oct 21, 2011
Closed on
Jun 1, 2012
Sold by
Dukoff Marilyn
Bought by
Segovia Jose Luiz Pereira
Seller's Agent
Shelley Gerst
The Corcoran Group
Buyer's Agent
Laurie Barfield
The Keyes Company - Stuart
List Price
$82,000
Sold Price
$65,000
Premium/Discount to List
-$17,000
-20.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.92%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sondra G Hoffman Revocable Trust $320,000 Trident Title
Weiser Stephen J -- Accommodation
Weiser Stephen J -- Accommodation
Weiser Stephen J -- Amrock
Weiser Stephen J -- Amrock
Weiser Stephen J -- Amrock
Weiser Stephen J -- Attorney
Weiser Stephen J -- Attorney
Weiser Stephen J $115,000 Sunbelt Title Agency
Segovia Jose Luiz Pereira $65,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sondra G Hoffman Revocable Trust $288,000
Previous Owner Weiser Stephen J $144,000
Previous Owner Weiser Stephen J $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2023 08/03/23 Price Changed $320,000 0.0% $213 / Sq Ft
07/18/2023 07/18/23 Sold $320,000 -1.5% $213 / Sq Ft
07/04/2023 07/04/23 Pending -- -- --
07/04/2023 07/04/23 Price Changed $325,000 +1.6% $217 / Sq Ft
06/30/2023 06/30/23 Price Changed $320,000 -3.0% $213 / Sq Ft
06/26/2023 06/26/23 Price Changed $330,000 -2.7% $220 / Sq Ft
06/15/2023 06/15/23 Price Changed $339,000 -5.6% $226 / Sq Ft
03/03/2023 03/03/23 For Sale $359,000 +212.2% $239 / Sq Ft
05/31/2013 05/31/13 Sold $115,000 -28.1% $77 / Sq Ft View Prior Sale
05/01/2013 05/01/13 Pending -- -- --
02/13/2013 02/13/13 For Sale $159,900 +146.0% $107 / Sq Ft
06/01/2012 06/01/12 Sold $65,000 -20.7% $43 / Sq Ft View Prior Sale
05/02/2012 05/02/12 Pending -- -- --
10/21/2011 10/21/11 For Sale $82,000 -- $55 / 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 $5,090 $204,000 -- --
2024 $5,090 $281,000 -- --
2023 $1,444 $102,414 $0 $0
2022 $1,405 $99,431 $0 $0
2021 $1,380 $96,535 $0 $0
2020 $1,363 $95,202 $0 $0
2019 $1,332 $93,062 $0 $0
2018 $1,206 $91,327 $0 $0
2017 $1,158 $89,449 $0 $0
2016 $1,142 $87,609 $0 $0
2015 $1,163 $87,000 $0 $0
2014 $1,176 $87,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Diaz

    Seller's Agent in 2023

    John Diaz

    KW Reserve Business Brokerage LLC

    (844) 456-4647

    1 in this area

    118 Total Sales

    John Diaz
    Section Image

  • M

    Buyer's Agent in 2023

    Marie Vallon

    Rinker Realty Inc

    (561) 635-8113

    7 in this area

    19 Total Sales

    Marie Vallon
    Section Image

  • C

    Seller's Agent in 2013

    Cheryl Barnes

    Buy-Sell-Rent

    (781) 749-2992

    7 Total Sales

    Cheryl Barnes
    Section Image

  • M

    Buyer's Agent in 2013

    Manal Hammad

    Compass Florida LLC

    (561) 846-0597

    1 in this area

    14 Total Sales

    Manal Hammad
    Section Image
  • Shelley Gerst

    Seller's Agent in 2012

    Shelley Gerst

    The Corcoran Group

    (561) 655-9029

    35 in this area

    36 Total Sales

    Shelley Gerst
    Section Image

  • L

    Buyer's Agent in 2012

    Laurie Barfield

    The Keyes Company - Stuart

    Section Image
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About Lincoln Tower

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10870772

BeachesMLS (Greater Fort Lauderdale)

APN: 74-43-43-17-10-000-4040

Florida Palm Beach County West Palm Beach 33401

Banyan Cay

Not Listed for Sale

Condos

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