NOT LISTED FOR SALE

2155 Ibis Isle Rd Unit 20 Palm Beach, FL 33480

Estimated Value: $1,481,000 - $1,862,927

2 Beds
2 Baths
1,486 Sq Ft
$1,146/Sq Ft Est. Value

Last Sold December 14, 2021

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

Est. 17% increase in value since last sale

Current estimated payment $12,807/month

5 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Lanai
  • Palm Beach Public School Rated A-
  • Outdoor Pool
  • Wine Refrigerator

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 Listed By

Linda R Olsson

Linda R. Olsson Inc. License #BK432027 Listed on: 11/10/2021

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $9,317

Year Built

  • Built in 1970

Lot Details

  • Property fronts an intracoastal waterway
  • Northwest Facing Home

HOA Fees

  • $1,800 Monthly HOA Fees

Parking

  • Open Parking

Interior Spaces

  • 1,486 Sq Ft Home
  • 4-Story Property
  • Dining Area

Kitchen

  • Electric Range
  • Wine Refrigerator
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • High Impact Door
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Pool
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 50434415290000020

Community Details

Overview

  • Association fees include common area, maintenance exterior, trash, sewer, water
  • 22 Units
  • Tower Vallencay Community
  • On-Site Maintenance

Amenities

  • Doorman
  • Common Area
  • Lobby

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$9,317

Year Built

Built in 1970

Lot Details

0

HOA Fees

$1,800 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: Tower Vallencay
  • Year Built: 1970
  • Location Tax Legal:Name of Building: Tower Vallencay
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 9317.12
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 5400.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 22
  • General Property Description:_pound_ Floors: 4.0
  • Waterfront-Unit:Living Room View: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Exposure of Unit:North2: Yes
  • Floors:WW Carpeting: Yes
  • Pets:Pets Allowed: No
  • Exposure of Unit:West2: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Restrictions:No Pets Allowed: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Disposal, Refrigerator, Refrigerator-Wine, Washer, Dryer, Range - Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, W/W Carpeting
  • Interior Amenities: Smoke Alarms
  • Stories: 4
  • Interior Features:Smoke Alarms: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Patio/Lanai, Storm Shutters, Impact Doors, Lobby
  • Exterior Features:Lobby: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Storm Shutters: Yes

Garage/Parking

  • Parking:Open Parking: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Door Person
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: Yes
  • Pets Allowed: No

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Common Area, Maintenance Exterior, Trash, Sewer, Water

Lot Info

  • Parcel #: 50434415290000020
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 22
  • Maintenance Expense: 5400.0

Tax Info

  • Tax Annual Amount: 9317.12
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 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
HOLLANDER REAL ESTATE, INC.
List Price
$1,450,000
Sold Price
$1,450,000
Total Days on Market
5
Current Estimated Value
$1,702,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,482
Avg. Annual Appreciation
4.76%
Original Mortgage
$840,000
Outstanding Balance
$780,279
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$922,203

Purchase Details

Closed on
Jun 15, 2016
Sold by
Gschwandtner Gerhard and Gschwandtner Laura
Bought by
Burke William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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

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 Change Sq Ft Price
12/14/2021 12/14/21 Sold $1,450,000 0.0% $976 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $1,450,000 -- $976 / Sq Ft
Source: Palm Beach Board of REALTORS®

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: Palm Beach Board of REALTORS®

MLS Number: 21-1520

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