NOT LISTED FOR SALE

2175 Ibis Isle Rd Unit 3 Palm Beach, FL 33480

Estimated Value: $1,303,000 - $1,910,000

3 Beds
3 Baths
2,260 Sq Ft
$1,611/mo HOA Fee

Last Sold May 24, 2023

Last sale price $1,130,000 $500 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $11,248/month

18 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Gated with Attendant
  • Community Pool
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • Wet Bar

About This Home

As of May 2023

Lovely Intracoastal views from the east side of the waterway on sought after Ibis Isle. Enjoy the sunrise, ocean breezes, birds, and small boats from the large terrace. Spacious 3 bedroom, 3 bath apartment with a large kitchen, separate dining room and abundance of closets. The apartment, feels like a house but has the conveniences of a condo association. Villa Rideau is a small 4 unit building. Ibis Isler offers 2 pools, night time security, and lots of green space. Across A1A to the beach at Phipps Ocean Park and the Palm Beach Tennis Center. Short distance to Palm Beach Par 3 Golf Course with clubhouse restaurant. Short drive to fine dining, five star hotels, shopping and cultural centers. Pet friendly. Ready to renovate.

Last Agent to Sell the Property

Joan Wenzel

Douglas Elliman License #597469 Listed on: 03/29/2023

Douglas Elliman

Co-Listed By

Pamela Gottfried

Douglas Elliman License #0373953

Last Buyer's Agent

Joan Wenzel

Douglas Elliman License #597469 Listed on: 03/29/2023

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,886

Year Built

  • Built in 1969

Lot Details

  • Property fronts an intracoastal waterway

HOA Fees

  • $1,611 Monthly HOA Fees

Parking

  • Open Parking

Interior Spaces

  • 2,260 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Combination Dining and Living Room
  • Marble Flooring
  • Intracoastal Views
  • Washer and Dryer

Kitchen

  • Electric Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434415270000030

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, pest control, roof, sewer, security, trash, water
  • Villa Rideau Ibis Isle Co Subdivision

Recreation

  • Community Pool
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,886

Year Built

Built in 1969

Lot Details

0

HOA Fees

$1,611 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Cross small bridge on A1A across from Phipps Ocean Park
  • Year Built: 1969
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Living/Dining Room
  • Furnished: Unfurnished
  • Appliances: Dryer, Electric Range, Disposal, Refrigerator, Washer/Dryer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Marble
  • Living Area: 2260.0
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Open

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Gated with Guard, Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1611.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Pool, Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Pest Control, Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 50434415270000030
  • Zoning Description: R-C

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5886.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
May 23, 2023
Sold by
Loening Carole O
Bought by
Eckert Barbara
Seller's Agent
Joan Wenzel
Douglas Elliman
Buyer's Agent
Joan Wenzel
Douglas Elliman
List Price
$1,170,000
Sold Price
$1,130,000
Premium/Discount to List
-$40,000
-3.42%
Total Days on Market
18
Views
57
Current Estimated Value
$1,575,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$445,360
Avg. Annual Appreciation
17.88%
Original Mortgage
$847,500
Outstanding Balance
$826,500
Interest Rate
5.87%
Mortgage Type
New Conventional
Estimated Equity
$748,860

Purchase Details

Listed on
Mar 29, 2023
Closed on
May 3, 2023
Sold by
Eckert Barbara
Bought by
Malik Parastu
Seller's Agent
Joan Wenzel
Douglas Elliman
Buyer's Agent
Joan Wenzel
Douglas Elliman
List Price
$1,170,000
Sold Price
$1,130,000
Premium/Discount to List
-$40,000
-3.42%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$847,500
Outstanding Balance
$826,500
Interest Rate
5.87%
Mortgage Type
New Conventional
Estimated Equity
$748,860

Purchase Details

Closed on
Apr 27, 2015
Sold by
Loening Albert Palmer and Loening Crole O
Bought by
Loening Carole O

Purchase Details

Closed on
Feb 13, 1998
Sold by
Weintz Thomas T
Bought by
Queeney Shaorn A

Purchase Details

Closed on
Nov 26, 1997
Sold by
Sharon A Queeney Tr
Bought by
Queeney Sharon A

Purchase Details

Closed on
Nov 25, 1997
Sold by
Queeney Sharon A
Bought by
Weintz Thomas T

Purchase Details

Closed on
Mar 28, 1996
Sold by
Tuchbreiter Helene S
Bought by
Tuchbreiter Helen S and Queeney Sharon A

Purchase Details

Closed on
Jan 4, 1996
Sold by
Tuchbreiter Helene
Bought by
Tuchbreiter Tr Helene S and Queeney Tr Sharon A
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
Eckert Barbara -- None Listed On Document
Malik Parastu $1,130,000 None Listed On Document
Loening Carole O -- None Available
Queeney Shaorn A $100 --
Queeney Sharon A $100 --
Weintz Thomas T $100 --
Tuchbreiter Helen S $100 --
Tuchbreiter Tr Helene S $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malik Parastu $847,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Sold $1,130,000 -3.4% $500 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $1,170,000 -- $518 / 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 $15,327 $1,000,000 -- --
2023 $5,899 $404,208 $0 $0
2022 $5,887 $392,435 $0 $0
2021 $5,990 $381,005 $0 $0
2020 $5,990 $375,745 $0 $0
2019 $5,968 $367,297 $0 $0
2018 $5,671 $360,448 $0 $0
2017 $5,657 $353,034 $0 $0
2016 $5,361 $345,773 $0 $0
2015 $5,541 $343,369 $0 $0
2014 $5,564 $340,644 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joan Wenzel

    Seller's Agent in 2023

    Joan Wenzel

    Douglas Elliman

    (561) 371-5743

    76 Total Sales

    Joan Wenzel
    Section Image

  • P

    Seller Co-Listing Agent in 2023

    Pamela Gottfried

    Douglas Elliman

    (561) 371-5700

    70 Total Sales

    Pamela Gottfried
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10877345

BeachesMLS

APN: 50-43-44-15-27-000-0030

Florida Palm Beach County Palm Beach 33480

2175 Ibis Isle Rd Unit 3, Palm Beach, FL

This home is located at 2175 Ibis Isle Rd Unit 3, Palm Beach, FL 33480 since 29 March 2023 and is currently estimated at $1,575,360, approximately $697 per square foot. This property was built in 1969. 2175 Ibis Isle Rd Unit 3 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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