$725,000
SOLD SEP 9, 2021

2160 Ibis Isle Rd Unit 4 Palm Beach, FL 33480

2 Beds
2 Baths
1,473 Sq Ft
$994/mo HOA Fee

Recently Sold

$492 Per Sq Ft

13% Below List Price

189 Days on Market

Highlights

  • Property has ocean access
  • Property fronts an intracoastal waterway
  • Elevator
  • Palm Beach Public School Rated A-
  • Community Pool
  • Separate Shower in Primary Bathroom

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 Agent to Sell the Property

Lauren Kesselman

Brown Harris Stevens of PB License #3055373 Listed on: 02/01/2021

Brown Harris Stevens of PB

Last Buyer's Agent

Adam McPherson

Douglas Elliman License #3331204

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,642

Year Built

  • Built in 1969

Lot Details

  • Property fronts an intracoastal waterway

HOA Fees

  • $994 Monthly HOA Fees

Interior Spaces

  • 1,473 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Home Security

  • Security Lights
  • Closed Circuit Camera

Parking

  • Over 1 Space Per Unit
  • Open Parking

Outdoor Features

  • Property has ocean access
  • Seawall

Utilities

  • Cooling Available
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434415230000040

Community Details

Overview

  • Association fees include management, cable TV, hot water, insurance, ground maintenance, parking, pool(s), roof, sewer, security, trash, water
  • 12 Units
  • Chateau Cheverny Ibis Isl Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Elevator
  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,642

Year Built

Built in 1969

Lot Details

0

HOA Fees

$994 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Across from Phipps Ocean Park off A1A on the intracoastal
  • Year Built: 1969
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1473.0
  • Stories: 3

Exterior Features

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

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Open, Two or More Spaces

Utilities

  • Security: Closed Circuit Camera(s), Security Guard, Security Lights
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 994.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Pool, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Hot Water, Insurance, Maintenance Grounds, Parking, Pool(s), Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 50434415230000040
  • Zoning Description: R-C(ci

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7642.0

Multi Family

  • Number Of Units In Community: 12

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
Current Estimated Value
$1,211,026

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
13.37%
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
Source: Public Records

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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
Quit Claim Deed -- None Listed On Document
Warranty Deed $725,000 Equity Land Title Llc
Trustee Deed $442,500 Attorney
Quit Claim Deed -- Attorney
Warranty Deed $185,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,170,000 Balloon
Previous Owner $726,000 New Conventional
Previous Owner $543,750 New Conventional
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: 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 $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: BeachesMLS

MLS Number: R10688913

BeachesMLS

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