$350,000
SOLD JUL 12, 2012

2155 Ibis Isle Rd Unit 8 Palm Beach, FL 33480

2 Beds
2 Baths
2,007 Sq Ft
$1,580/mo HOA Fee

Recently Sold

$174 Per Sq Ft

124 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Gas Heated Pool
  • Wine Refrigerator

About This Home

As of July 2012

Lovely waterviews from immaculate 2BR/2BA apartment in Tower Vallencay of Ibis Isle. Magnificent total renovation by renowned designer. High ceilings, formal dining and den. Prestigious building on private Palm Beach island with 24 hour doorman and pool.

Last Agent to Sell the Property

JOAN WENZEL

THE FITE GROUP

Co-Listed By

B. DUERR

THE FITE GROUP

Last Buyer's Agent

Mia Morrison

The Corcoran Group License #3077087

The Corcoran Group

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $4,914

Year Built

  • Built in 1970

Lot Details

  • Ocean Front
  • Property fronts an intracoastal waterway
  • Southeast Facing Home
  • Gated Home

HOA Fees

  • $1,580 Monthly HOA Fees

Interior Spaces

  • 2,007 Sq Ft Home
  • Wet Bar
  • Dining Room
  • Utility Room
  • Marble Flooring

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • 1 Parking Space
  • Covered Parking

Pool

  • Gas Heated Pool
  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 50434415290000080

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water
  • 22 Units
  • Tower Vallencay Community
  • On-Site Maintenance
  • 6-Story Property

Amenities

  • Doorman
  • Common Area
  • Lobby
  • Elevator

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$4,914

Year Built

Built in 1970

Lot Details

0

HOA Fees

$1,580 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: 4914.0
  • Location Tax Legal:Tax Year2: 2011
  • General Property Description:Living Area: 2007.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 4740.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 22
  • General Property Description:_pound_ Floors: 6.0
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Exposure of Unit:East2: Yes
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: 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
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Pool:Heated - Gas: Yes
  • Floors:Marble: Yes
  • Pets:Pets Allowed: No
  • Security:Gate House: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Restrictions:No Pets Allowed: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Waterfront-Building:Ocean- Across Street: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Oven-Double, Washer, Dryer, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Marble
  • Interior Amenities: Cable, Wet Bar, Smoke Alarms
  • Living Area: 2007.0
  • Stories: 6
  • Interior Features:Smoke Alarms: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Pool Features: Pool, Heated Gas
  • Pool Private: Yes
  • Exterior Features: Balcony, Storm Shutters, Elevator, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Storm Shutters: Yes

Garage/Parking

  • Parking:_one_ Car2: Yes
  • Parking:Covered Parking: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Gate House, Other Security, Door Person
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes
  • Pets Allowed: No

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434415290000080
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 22
  • Maintenance Expense: 4740.0

Tax Info

  • Tax Annual Amount: 4914.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2012
Closed on
Jul 11, 2012
Sold by
Koskinas Francina Grimaldi
Bought by
Hecht Helen
Seller's Agent
JOAN WENZEL
THE FITE GROUP
Buyer's Agent
Mia Morrison
The Corcoran Group
List Price
$350,000
Sold Price
$350,000
Total Days on Market
124
Current Estimated Value
$1,787,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,437,807
Avg. Annual Appreciation
13.49%

Purchase Details

Closed on
May 3, 2005
Sold by
Doane Randell C
Bought by
Grimaldi Ronald A

Purchase Details

Closed on
May 27, 1993
Sold by
Waterman Donald P and Waterman Jean A
Bought by
Waterman Jean A

Map

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Personal Reps Deed $350,000 Sunbelt Title Agency
Personal Reps Deed -- --
Deed $650,000 --
Warranty Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2012 07/12/12 Sold $350,000 0.0% $174 / Sq Ft
07/12/2012 07/12/12 Sold $350,000 0.0% $180 / Sq Ft
07/02/2012 07/02/12 Pending -- -- --
06/12/2012 06/12/12 Pending -- -- --
02/29/2012 02/29/12 For Sale $350,000 -21.3% $174 / Sq Ft
01/06/2012 01/06/12 For Sale $445,000 -- $228 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $5,812 $412,249 -- --
2023 $5,661 $400,242 $0 $0
2022 $5,715 $388,584 $0 $0
2021 $5,806 $377,266 $0 $0
2020 $5,807 $372,057 $0 $0
2019 $5,785 $363,692 $0 $0
2018 $5,491 $356,911 $0 $0
2017 $5,479 $349,570 $0 $0
2016 $5,294 $342,380 $0 $0
2015 $5,471 $340,000 $0 $0
2014 $5,992 $324,500 $0 $0
Source: Public Records

Source: Palm Beach Board of REALTORS®

MLS Number: 12-29

APN: 50-43-44-15-29-000-0080