NOT LISTED FOR SALE

2155 Ibis Isle Rd Unit 2 Palm Beach, FL 33480

Estimated Value: $1,549,000 - $1,812,000

2 Beds
2 Baths
1,486 Sq Ft
$1,800/mo HOA Fee

Last Sold December 14, 2021

Last sale price $1,450,000 $976 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $12,261/month

19 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Balcony
  • Palm Beach Public School Rated A-
  • Community Pool
  • Wrap Around Porch

About This Home

As of December 2021

Water, Water, and more Water... Fabulous Direct Intracoastal views from this totally renovated 2 bedroom 2 bath unit. Custom designed, impact windows, fabulous wrap-around waterfront terrace...steps to the pool. Tower Vallencay is undergoing a renovation to the Lobby to bring the building to a new standard. Best Value on South Ocean Blvd... Hurry this one won't last!

Last Agent to Sell the Property

Linda R Olsson

Linda R. Olsson, Inc. License #432027 Listed on: 10/25/2021

Last Buyer's Agent

STEPHEN SIMPSON

William Raveis Real Estate License #3085739

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,717

Year Built

  • Built in 1970

Lot Details

  • Property fronts an intracoastal waterway
  • Sprinkler System

HOA Fees

  • $1,800 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,486 Sq Ft Home
  • 4-Story Property
  • Combination Dining and Living Room
  • Intracoastal Views
  • Washer and Dryer

Kitchen

  • Electric Range
  • Ice Maker
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks

Home Security

Outdoor Features

  • Balcony
  • Patio
  • Wrap Around Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 50434415290000020

Community Details

Overview

  • Association fees include management, common areas, ground maintenance, pool(s), sewer, security, water
  • Tower Vallencay Subdivision

Recreation

  • Community Pool

Additional Features

  • Doorman
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,717

Year Built

Built in 1970

Lot Details

0

HOA Fees

$1,800 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: South of Sloans Curve
  • Year Built: 1970
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Living/Dining Room
  • Furnished: Unfurnished
  • Appliances: Dryer, Electric Range, Electric Water Heater, Disposal, Ice Maker, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1486.0
  • Stories: 4
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Patio
  • View: Intercoastal
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio, Wrap Around
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Security: Door Man
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee: 1800.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Maintenance Grounds, Pool(s), Sewer, Security, Water

Lot Info

  • Parcel #: 50434415290000020
  • Lot Size: Paved Road
  • Zoning Description: rd1

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 9717.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Dec 14, 2021
Sold by
Carroll William C and Estate Of William L Burke
Bought by
Seybert Kim Elaine
Seller's Agent
Linda R Olsson
Linda R. Olsson, Inc.
Buyer's Agent
STEPHEN SIMPSON
William Raveis Real Estate
List Price
$1,195,000
Sold Price
$1,450,000
Premium/Discount to List
$255,000
21.34%
Current Estimated Value
$1,687,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,892
Avg. Annual Appreciation
4.06%
Original Mortgage
$840,000
Outstanding Balance
$772,372
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$915,520

Purchase Details

Listed on
Apr 8, 2016
Closed on
Jun 15, 2016
Sold by
Gschwandtner Gerhard and Gschwandtner Laura
Bought by
Burke William L
Seller's Agent
Christine Gibbons
Sotheby's International Realty, Inc.
Buyer's Agent
Michael Misisco
Sotheby's International Realty, Inc.
List Price
$725,000
Sold Price
$725,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.43%
Original Mortgage
$580,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 1997
Sold by
Fleschner Malcolm K and Fleschner Janice
Bought by
Gschwandtner Gerhard and Gschwandtner Laura

Purchase Details

Closed on
Sep 4, 1996
Sold by
Oldham Saw Co Inc
Bought by
Fleschner Malcolm K and Fleschner Janice

Purchase Details

Closed on
Aug 16, 1996
Sold by
Oldham Saw Co Inc
Bought by
Fleschner Malcolm K and Fleschner Janice
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
Seybert Kim Elaine $1,450,000 Attorney
Burke William L $725,000 None Available
Gschwandtner Gerhard $100 --
Fleschner Malcolm K $100 --
Fleschner Malcolm K $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seybert Kim Elaine $840,000
Previous Owner Burke William L $580,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2021 12/14/21 Sold $1,450,000 +21.3% $976 / Sq Ft
11/14/2021 11/14/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $1,195,000 +64.8% $804 / Sq Ft
06/15/2016 06/15/16 Sold $725,000 0.0% $488 / Sq Ft View Prior Sale
04/29/2016 04/29/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $725,000 -- $488 / 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 $17,723 $998,250 -- --
2023 $15,183 $907,500 $0 $0
2022 $13,097 $825,000 $0 $0
2021 $10,441 $655,000 $0 $655,000
2020 $9,317 $545,000 $0 $545,000
2019 $8,848 $545,000 $0 $545,000
2018 $8,564 $545,000 $0 $545,000
2017 $9,406 $545,000 $0 $0
2016 $4,655 $265,000 $0 $0
2015 $4,844 $265,000 $0 $0
2014 $4,610 $247,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10754516

BeachesMLS

APN: 50-43-44-15-29-000-0020