NOT LISTED FOR SALE

2160 Ibis Isle Rd Unit 5 Palm Beach, FL 33480

Estimated Value: $3,026,000 - $3,750,000

4 Beds
3 Baths
2,745 Sq Ft
$1,235/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $3,350,000 $1,220 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $22,190/month

298 Days on Market

Highlights

  • Home fronts a seawall
  • Gas Heated Pool
  • Wine Refrigerator
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • Balcony

About This Home

As of April 2024

This beautifully renovated 2,745 +/-total square foot waterfront apartment, located in Chateau Cheverny on Ibis Isle, features four bedrooms, three and a half baths, and 70 feet of direct Intracoastal views. Enjoy spectacular sunsets from all major rooms. The residence features 9 foot ceilings, a large living room, a covered terrace, a dining room, an all-new eat-in kitchen with views of the water through the new wet bar, graciously sized bedrooms, newly renovated bathrooms, custom lighting, parquet wood floors, impact windows, and newly installed impact doors. Ibis Isle has a community pool, and a security guard (stationed as you enter the island) every day from 6pm to 6am. The building also offers an elevator, storage, and disposal room. The Chateau Cheverny building underwent an entire foundation re-build in 2019 with Helical pilings all the way to the bedrock. The seawall was maintained and fortified in August of 2021. The homeowner's association fully replaced and paved the seawall walkway, the parking lot (south of the building), and the horseshoe driveway.

Last Listed By

Todd Peter

Sotheby's International Realty, Inc. License #BK-3049697 Listed on: 04/14/2023

Sotheby's International Realty, Inc.

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $15,021

Year Built

  • Built in 1969

Lot Details

  • Home fronts a seawall
  • Property fronts an intracoastal waterway
  • West Facing Home

HOA Fees

  • $1,937 Monthly HOA Fees

Interior Spaces

  • 2,745 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Dining Room
  • Library
  • Storage

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • No Garage

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Bulkhead
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434415230000050

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water
  • 12 Units
  • Chateau Cheverny Community
  • On-Site Maintenance

Amenities

  • Common Area
  • Elevator

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$15,021

Year Built

Built in 1969

Lot Details

0

HOA Fees

$1,937 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: South on A1A to Ibis Isle across from fire station. make a right at the guard station. Building 2160 will be on your left.
  • Building Name: Chateau Cheverny
  • Garage Yn: Yes
  • 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: 15021.0
  • Location Tax Legal:Tax Year2: 2022
  • General Property Description:Living Area: 2745.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 5812.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 12
  • General Property Description:_pound_ Floors: 3.0
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: 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:Hardwood: Yes
  • Pets:Pets Allowed: Yes
  • Exposure of Unit:West2: Yes
  • Security:Security Guards: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Ice Maker, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile
  • Interior Amenities: Cable, Storage, Wet Bar, Wndw Trmnts Included, Smoke Alarms, Pantry
  • Living Area: 2745.0
  • Stories: 3
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Pool Features: Pool, Heated Gas
  • Pool Private: Yes
  • Exterior Features: Balcony, Seawall/Bulkhead, Impact Doors, Impact Windows, Elevator
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:SeawallBulkhead2: Yes

Garage/Parking

  • Parking:_two_ Car2: Yes
  • Parking:No Garage2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security Guards
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • 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 #: 50434415230000050
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 12
  • Maintenance Expense: 5812.0

Tax Info

  • Tax Annual Amount: 15021.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
Apr 12, 2024
Sold by
Urrutia Diego and Pisarcik Kristin Shae
Bought by
Pearson Steven and Kepping Ashley
Seller's Agent
Todd Peter
Sotheby's International Realty, Inc.
Buyer's Agent
Donald Gorbach
Gorbach Realty
List Price
$4,250,000
Sold Price
$3,350,000
Premium/Discount to List
-$900,000
-21.18%
Total Days on Market
298
Views
283
Current Estimated Value
$3,389,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,720
Avg. Annual Appreciation
1.06%

Purchase Details

Listed on
Aug 17, 2020
Closed on
Nov 18, 2020
Sold by
Stevens Susan Stair
Bought by
Urrutia Diego and Pisarcik Kristin Shae
Seller's Agent
Joan Wenzel
Douglas Elliman
Buyer's Agent
Todd Peter
Sotheby's Intl. Realty, Inc.
List Price
$1,295,000
Sold Price
$1,245,000
Premium/Discount to List
-$50,000
-3.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.79%
Original Mortgage
$1,030,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2005
Sold by
Cooper Arlene Carol
Bought by
Stevens Susan Stair

Purchase Details

Closed on
Nov 12, 1996
Sold by
Cooper Fay
Bought by
Cooper Arlene C

Range of Values:

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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
Pearson Steven $3,350,000 None Listed On Document
Urrutia Diego $1,245,000 Attorney
Stevens Susan Stair $935,000 --
Cooper Arlene C $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Urrutia Diego $1,030,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $3,350,000 -16.1% $1,220 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
05/25/2023 05/25/23 Price Changed $3,995,000 -6.0% $1,455 / Sq Ft
04/14/2023 04/14/23 For Sale $4,250,000 +241.4% $1,548 / Sq Ft
11/18/2020 11/18/20 Sold $1,245,000 -3.9% $480 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $1,295,000 -- $500 / 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 $15,356 $1,045,739 -- --
2023 $15,014 $1,015,281 $0 $0
2022 $15,020 $985,710 $0 $0
2021 $15,270 $957,000 $0 $957,000
2020 $13,688 $807,000 $0 $807,000
2019 $13,973 $807,000 $0 $807,000
2018 $6,674 $425,984 $0 $0
2017 $6,663 $417,222 $0 $0
2016 $3,194 $408,641 $0 $0
2015 $6,659 $405,800 $0 $0
2014 $6,688 $402,579 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Todd Peter

    Sotheby's International Realty, Inc.

    (561) 659-3555

    73 Total Sales

    Todd Peter
    Section Image
  • Donald Gorbach

    Buyer's Agent in 2024

    Donald Gorbach

    Gorbach Realty

    (561) 707-6210

    42 Total Sales

    Donald Gorbach
    Section Image
  • Joan Wenzel

    Seller's Agent in 2020

    Joan Wenzel

    Douglas Elliman

    (561) 371-5743

    76 Total Sales

    Joan Wenzel
    Section Image

  • P

    Seller Co-Listing Agent in 2020

    Pamela Gottfried

    Douglas Elliman

    (561) 371-5700

    70 Total Sales

    Pamela Gottfried
    Section Image
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 23-700

APN: 50-43-44-15-23-000-0050

Florida Palm Beach County Palm Beach 33480

2160 Ibis Isle Rd Unit 5, Palm Beach, FL

Homes for Sale in Palm Beach, FL

This home is located at 2160 Ibis Isle Rd Unit 5, Palm Beach, FL 33480 since 14 April 2023 and is currently estimated at $3,389,720, approximately $1,234 per square foot. This property was built in 1969. 2160 Ibis Isle Rd Unit 5 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.

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