$1,245,000
SOLD NOV 18, 2020

2160 Ibis Isle Rd Unit 5 Palm Beach, FL 33480

4 Beds
4 Baths
2,592 Sq Ft
$1,379/mo HOA Fee

Recently Sold

$480 Per Sq Ft

4% Below List Price

62 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • High Ceiling
  • Elevator
  • Palm Beach Public School Rated A-
  • Den
  • Formal Dining Room

About This Home

As of April 2024

Spectacular Direct West Intracoastal views from this unique large 4 bedroom Chateau Cheverny of Ibis Isle apartment. Enjoy the sunsets and watch the boats go by from the large terrace overlooking the waterway. Gracious sized rooms, 9 foot ceilings with custom lighting, parquet wood floors, new baths, hurricane windows, and many upgrades and renovations. Plus low maintenance. A small pet is welcome. Ibis Isle is a secluded enclave across A1A from Phipps Ocean Park and the Palm Beach Tennis Center. The Palm Beach Par 3 Golf Course and their award winning clubhouse restaurant is just a few blocks away. On the south side of Ibis Isle are multimillion dollar homes with the north side offering unique condominiums. Lots of green space with a quiet lovely park, 2 pools, and a night time guard.

Last Agent to Sell the Property

Joan Wenzel

Douglas Elliman License #597469 Listed on: 08/17/2020

Douglas Elliman

Co-Listed By

Pamela Gottfried

Douglas Elliman License #0373953

Last Buyer's Agent

Todd Peter

Sotheby's Intl. Realty, Inc. License #3049697

Sotheby's Intl. Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,919

Year Built

  • Built in 1969

Lot Details

  • Property fronts an intracoastal waterway

HOA Fees

  • $1,379 Monthly HOA Fees

Interior Spaces

  • 2,592 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • High Ceiling
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Parquet Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security Lights
  • Closed Circuit Camera

Parking

  • Over 1 Space Per Unit
  • Assigned Parking

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Reverse Cycle Heating System
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434415230000050

Community Details

Overview

  • Association fees include management, cable TV, insurance, legal/accounting, ground maintenance, maintenance structure, parking, pest control, pool(s), reserve fund, roof, sewer, security, trash, water
  • Chateau Cheverny Ibis Isl Subdivision

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,919

Year Built

Built in 1969

Lot Details

0

HOA Fees

$1,379 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: cross small bridge on intracoastal across from Phipps Ocean Park
  • Year Built: 1969
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, High Ceilings, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Other, Parquet
  • Living Area: 2592.0
  • Dining Room Type: Den
  • Stories: 3

Exterior Features

  • Pool Features: None
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Other
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Closed Circuit Camera(s), Security Guard, Security Lights, Smoke Detector(s)
  • Cooling: Central Air, Reverse Cycle, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1379.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Other, Parking, Pest Control, Pool(s), Reserve Fund, Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 50434415230000050
  • Lot Size Sq Ft: 42204.0
  • Zoning Description: R-C(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 13919.0

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%
Views
283
Current Estimated Value
$3,158,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$191,923
Avg. Annual Appreciation
-1.33%

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
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
Warranty Deed $3,350,000 None Listed On Document
Warranty Deed $1,245,000 Attorney
Warranty Deed $935,000 --
Warranty Deed $310,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,030,000 New Conventional
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: 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 $15,356 $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

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Map

Source: BeachesMLS

MLS Number: R10647559

BeachesMLS

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