NOT LISTED FOR SALE

2155 Ibis Isle Rd Unit 7 Palm Beach, FL 33480

Estimated Value: $1,675,537 - $2,265,000

2 Beds
2 Baths
1,949 Sq Ft
$1,800/mo HOA Fee

Last Sold May 07, 2021

Last sale price $1,010,000 $518 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $14,553/month

25 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Sun or Florida Room
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • Community Pool

About This Home

As of May 2021

Extraordinary, unobstructed views - north and east - from this Tower Vallencay two bedroom, two bath apartment in one of Ibis Isle's premier buildings. Apartment is in unquestionably the best line of Tower Vallencay with wrap around balconies and a second floor water and mangrove setting. Ideal split bedroom floor plan gives both owner and guests' privacy in their own suites. Floor to ceiling windows provide abundant light in living room, dining room and bedrooms. Cross the bridge into the serene Palm Beach community of Ibis Isle, walk the south of Sloan's Curve Lake Trail and enjoy Phipps Ocean Park or drive just 5 minutes up Billionaire's Row on South Ocean Blvd to Worth Ave.See the photography, then schedule an appointment.

Last Agent to Sell the Property

James Edwards

Sotheby's Intl. Realty, Inc. License #3151564 Listed on: 04/12/2021

Sotheby's Intl. Realty, Inc.

Last Buyer's Agent

ANN CASEY

Illustrated Properties LLC (Co License #3440275

Illustrated Properties LLC (Co

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,799

Year Built

  • Built in 1970

Lot Details

  • Property fronts an intracoastal waterway

HOA Fees

  • $1,800 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 1,949 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Bar
  • Sliding Windows
  • Entrance Foyer
  • Dining Room
  • Sun or Florida Room

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 50434415290000070

Community Details

Overview

  • Association fees include common areas, cable TV, maintenance structure
  • Tower Vallencay Of Ibis I Subdivision
  • 6-Story Property

Recreation

  • Community Pool

Additional Features

  • Doorman
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,799

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 Ocean Blvd to Ibis Isle entrance - cross bridge then right to north end of island. Building on the right with ample guest parking.
  • Year Built: 1970
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Breakfast Area, Closet Cabinetry, Dual Sinks, Entrance Foyer, Split Bedrooms, Separate Shower, Tub Shower, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Hardwood, Tile, Wood
  • Living Area: 1949.0
  • Dining Room Type: Laundry, Dining Room, Florida Room
  • Stories: 6
  • Window Features: Sliding

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Security: Door Man, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

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: Common Areas, Cable TV, Maintenance Structure

Lot Info

  • Parcel #: 50434415290000070
  • Zoning Description: R-C(ci

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 11799.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
May 7, 2021
Sold by
Marks Sheila T and Sheda T Marks Revocable Trust
Bought by
Leonard Emily W and Leonard Richard
Seller's Agent
James Edwards
Sotheby's Intl. Realty, Inc.
Buyer's Agent
ANN CASEY
Illustrated Properties LLC (Co
List Price
$1,150,000
Sold Price
$1,010,000
Premium/Discount to List
-$140,000
-12.17%
Current Estimated Value
$2,075,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,065,920
Avg. Annual Appreciation
16.65%

Purchase Details

Closed on
Feb 23, 2016
Sold by
Marks Sheila T
Bought by
Marks Sheila T and Sheila T Marks Revocable Trust

Purchase Details

Closed on
Feb 2, 2004
Sold by
Bobruff Carole Marks
Bought by
Marks Robert Lehman and Marks Sheila T

Purchase Details

Closed on
Mar 20, 1997
Sold by
Us Trust Co Pr
Bought by
Marks Robert L and Marks Sheila T
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
Leonard Emily W $1,010,000 First American Title Ins Co
Marks Sheila T -- None Available
Marks Robert Lehman -- --
Marks Robert L $100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $1,010,000 -12.2% $518 / Sq Ft
04/12/2021 04/12/21 For Sale $1,150,000 -- $590 / 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 $15,461 $1,056,126 -- --
2023 $15,120 $1,025,365 $0 $0
2022 $15,127 $995,500 $0 $0
2021 $12,922 $840,000 $0 $840,000
2020 $11,799 $740,000 $0 $740,000
2019 $11,463 $740,000 $0 $740,000
2018 $10,521 $740,000 $0 $740,000
2017 $10,259 $740,000 $0 $0
2016 $8,004 $452,540 $0 $0
2015 $7,682 $411,400 $0 $0
2014 $7,236 $374,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    James Edwards

    Sotheby's Intl. Realty, Inc.

    (561) 370-4141

    22 Total Sales

    Section Image

  • A

    Buyer's Agent in 2021

    ANN CASEY

    Illustrated Properties LLC (Co

    (561) 659-6400

    10 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10707188

BeachesMLS

APN: 50-43-44-15-29-000-0070

Florida Palm Beach County Palm Beach 33480

2155 Ibis Isle Rd Unit 7, Palm Beach, FL

This home is located at 2155 Ibis Isle Rd Unit 7, Palm Beach, FL 33480 since 12 April 2021 and is currently estimated at $1,967,134, approximately $1,009 per square foot. This property was built in 1970. 2155 Ibis Isle Rd Unit 7 is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Lake Worth Community Middle School, and Forest Hill 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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