NOT LISTED FOR SALE

2160 Ibis Isle Rd Unit 4 Palm Beach, FL 33480

Estimated Value: $988,000 - $1,336,000

2 Beds
2 Baths
1,473 Sq Ft
$803/Sq Ft Est. Value

Last Sold September 09, 2021

Last sale price $725,000 $492 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $8,665/month

4 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Outdoor Pool
  • Patio
  • Palm Beach Public School Rated A-
  • Lanai
  • Tile Flooring

About This Home

As of September 2021

Totally renovated 2 bedroom/2bath Lanai apartment directly on the Intracoastal Waterway.
Open kitchen to the living room. Washer/Dryer in the unit. End unit in 3 story/12 apt. Villa
Style Bldg. 2 parking spaces, 2 pools, Walking path, Near by tennis, golf w/Par 3 Restaurant.
Ocean access, pets ok w/restrictions.

Last Listed By

Lauren Kesselman

Brown Harris Stevens of Palm Beach 5225 Listed on: 07/26/2021

Brown Harris Stevens of Palm Beach 5225

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $7,642

Year Built

  • Built in 1969

Lot Details

  • Property fronts an intracoastal waterway
  • East Facing Home

HOA Fees

  • $994 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,473 Sq Ft Home
  • 3-Story Property
  • Dining Area
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Eco-Friendly Details

  • Non-Toxic Pest Control

Outdoor Features

  • Outdoor Pool
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434415230000040

Community Details

Overview

  • Association fees include trash, pest control, sewer, water
  • 12 Units
  • Chateau Cheverny Community

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$7,642

Year Built

Built in 1969

Lot Details

0

HOA Fees

$994 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: Chateau Cheverny
  • Year Built: 1969
  • Location Tax Legal:Name of Building: Chateau Cheverny
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 7642.0
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Living Area: 1473.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 2983.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 12
  • General Property Description:_pound_ Floors: 3.0
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Floors:WW Carpeting: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher
  • Total Bedrooms: 2
  • Flooring: Tile, W/W Carpeting
  • Interior Amenities: Cable
  • Living Area: 1473.0
  • Stories: 3
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Patio/Lanai
  • Exterior Features:PatioLanai: Yes

Garage/Parking

  • Parking:_two_ Car2: Yes

Utilities

  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Trash, Pest Control, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434415230000040
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 12
  • Maintenance Expense: 2983.0

Tax Info

  • Tax Annual Amount: 7642.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2024
Sold by
Farhad Farman Farmaian
Bought by
Far Properties Fl Llc
Total Days on Market
4
Current Estimated Value
$1,182,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,170,000
Outstanding Balance
$1,164,466
Interest Rate
6.32%
Mortgage Type
Balloon
Estimated Equity
$18,379

Purchase Details

Listed on
Jul 26, 2021
Closed on
Aug 31, 2021
Sold by
Ohnuma Takao
Bought by
Farrnan Farinaian Farhad
Seller's Agent
Lauren Kesselman
Brown Harris Stevens of Palm Beach 5225
Buyer's Agent
Adam McPherson
Douglas Elliman
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
14.06%
Original Mortgage
$543,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2009
Sold by
Wylie Wendy and Barnes Lori J
Bought by
Ohnuma Takao and Ohnuma Yoko

Purchase Details

Closed on
Mar 24, 2009
Sold by
Jensen Dyne
Bought by
Wylie Wendy and Barnes Lori J

Purchase Details

Closed on
Oct 1, 1993
Sold by
Phillips Sue and Ziglar Lois
Bought by
Jensen Dyne

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
Far Properties Fl Llc -- None Listed On Document
Farrnan Farinaian Farhad $725,000 Equity Land Title Llc
Ohnuma Takao $442,500 Attorney
Wylie Wendy -- Attorney
Jensen Dyne $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Far Properties Fl Llc $1,170,000
Previous Owner Farman-Farmaian Farhad $726,000
Previous Owner Farrnan Farinaian Farhad $543,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2021 09/09/21 Sold $725,000 0.0% $492 / Sq Ft
09/09/2021 09/09/21 Sold $725,000 0.0% $492 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
07/30/2021 07/30/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $725,000 -12.5% $492 / Sq Ft
02/01/2021 02/01/21 For Sale $829,000 -- $563 / 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 $12,595 $860,050 -- --
2023 $12,308 $835,000 $0 $835,000
2022 $11,438 $715,000 $0 $0
2021 $8,973 $575,000 $0 $575,000
2020 $8,019 $480,000 $0 $480,000
2019 $7,787 $480,000 $0 $480,000
2018 $7,162 $480,000 $0 $480,000
2017 $6,231 $370,000 $0 $0
2016 $5,833 $308,000 $0 $0
2015 $5,113 $280,000 $0 $0
2014 $4,852 $259,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 21-176

APN: 50-43-44-15-23-000-0040