NOT LISTED FOR SALE

2165 Ibis Isle Rd Unit 5 Palm Beach, FL 33480

Estimated Value: $1,028,322 - $1,459,000

2 Beds
2 Baths
1,473 Sq Ft
$800/mo HOA Fee

Last Sold September 14, 2018

Last sale price $730,000 $496 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $8,960/month

146 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Fitness Center
  • Community Pool
  • Palm Beach Public School Rated A-
  • High Ceiling
  • Elevator

About This Home

As of September 2018

Lovely water views from this spectacularly renovated Chateau Rambouillet apartment that lives like a private waterfront home on sought after Ibis Isle. See the sun rise, feel the easterly breezes from the nearby ocean and watch the birds and small boats go by. A private entrance leads to this stylish, modernly renovated and reconfigured unit. An open kitchen includes custom cabinetry, quartz countertops and high end appliances. White porcelain floors, hurricane windows and sliders, expanded baths add to the outstanding features of this special property. Pet friendly and low maintenance. Ibis Isle offers 2 pools and night time guard house. Located across A1A from Phipps Ocean Park and Palm Beach Tennis Center.

Last Agent to Sell the Property

Joan Wenzel

Douglas Elliman License #597469 Listed on: 03/18/2018

Douglas Elliman

Co-Listed By

Gloria Rodriguez - Allsup

Sotheby's Intl. Realty, Inc. License #3140144

Last Buyer's Agent

Lisa LaReau

Illustrated Properties License #3328357

Illustrated Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,275

Year Built

  • Built in 1969

Lot Details

  • Property fronts an intracoastal waterway

HOA Fees

  • $800 Monthly HOA Fees

Interior Spaces

  • 1,473 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Tile Flooring

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Reverse Cycle Heating System
  • Heat Pump System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 50434415250000050

Community Details

Overview

  • Association fees include management, cable TV, insurance, legal/accounting, pest control, sewer, water
  • Chateau Rambouillet Ibis Subdivision

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,275

Year Built

Built in 1969

Lot Details

0

HOA Fees

$800 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Across A1A and Phipps Ocean Parkon the Intracoastal
  • Year Built: 1969
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1473.0
  • Stories: 3

Exterior Features

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

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Electric, Reverse Cycle
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 800.0
  • Community Features: Pool
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Legal/Accounting, Pest Control, Sewer, Water

Lot Info

  • Parcel #: 50434415250000050
  • Lot Size: 1/2 to < 1 Acre
  • Lot Size Sq Ft: 40251.0
  • Zoning Description: R-C(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3275.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2018
Closed on
Sep 14, 2018
Sold by
Bell William Lee
Bought by
Koeppel Joel P and 19735650 Land Trust
Seller's Agent
Joan Wenzel
Douglas Elliman
Buyer's Agent
Lisa LaReau
Illustrated Properties
List Price
$759,000
Sold Price
$730,000
Premium/Discount to List
-$29,000
-3.82%
Total Days on Market
146
Current Estimated Value
$1,292,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$562,831
Avg. Annual Appreciation
8.88%

Purchase Details

Closed on
Sep 11, 2001
Sold by
Chesler Barbara
Bought by
Bell William Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.98%
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 Buyer Sale Price Title Company
Koeppel Joel P $730,000 Attorney
Bell William Lee $222,500 Standard Title Ins Agency In
Bell William Lee -- Standard Title Ins Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bell William Lee $115,000
Previous Owner Bell William Lee $168,000
Previous Owner Bell William Lee $106,481
Previous Owner Bell William Lee $110,000
Previous Owner Chesler Barbara A $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2018 09/14/18 Sold $730,000 -3.8% $496 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $759,000 -- $515 / 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 $10,832 $632,225 -- --
2023 $9,458 $574,750 $0 $0
2022 $8,867 $522,500 $0 $0
2021 $8,069 $475,000 $0 $475,000
2020 $8,605 $500,000 $0 $500,000
2019 $8,782 $500,000 $0 $500,000
2018 $3,290 $219,546 $0 $0
2017 $3,275 $215,030 $0 $0
2016 $3,036 $210,607 $0 $0
2015 $3,136 $209,143 $0 $0
2014 $3,148 $207,483 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10416183

BeachesMLS

APN: 50-43-44-15-25-000-0050