$400,000
SOLD FEB 16, 2021

2195 Ibis Isle Rd Unit 3 Palm Beach, FL 33480

2 Beds
2 Baths
1,168 Sq Ft
$850/mo HOA Fee

Recently Sold

$342 Per Sq Ft

20% Below List Price

88 Days on Market

Highlights

  • Gated with Attendant
  • Home fronts a lagoon or estuary
  • Screened Porch
  • Palm Beach Public School Rated A-
  • Lagoon View
  • Community Pool

About This Home

As of January 2022

Rarely available ground floor 2 Bedroom/2 Bathroom Condo. Very peaceful water view with a morning sun facing screened patio. Washer and Dryer in the unit. Only 8 units in this special island location. Ibis Island features a blend of Condos and Single Family homes all surrounded by the Intracoastal Waterway. Walk, Bike or Drive to golf, shops, beach and the restaurants.

Last Agent to Sell the Property

Angelina Martinsen

RE/MAX Ocean Properties Listed on: 10/20/2020

RE/MAX Ocean Properties

Co-Listed By

Peter Martinsen

RE/MAX Island Properties

Last Buyer's Agent

Dawn McConnell

Illustrated Properties LLC License #3479444

Illustrated Properties LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,390

Year Built

  • Built in 1968

HOA Fees

  • $850 Monthly HOA Fees

Interior Spaces

  • 1,168 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Formal Dining Room
  • Screened Porch
  • Ceramic Tile Flooring
  • Lagoon Views
  • Electric Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Assigned Parking

Additional Features

  • Patio
  • Home fronts a lagoon or estuary
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 50434415220000030

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, pest control, roof, sewer, water
  • Villa Lac Beau Of Ibis Is Subdivision

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,390

Year Built

Built in 1968

Lot Details

0

HOA Fees

$850 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Located on Ibis Isle-Just North of Lake Worth Beach, Across frpm Phipps Park
  • Year Built: 1968
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Entrance Foyer, Tub Shower
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1168.0
  • Stories: 2

Exterior Features

  • Exterior Features: Enclosed Porch, Patio
  • View: Lagoon
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Lagoon
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio, Porch, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

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

Condo/Co-op/Association

  • Association Fee: 850.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Pest Control, Roof, Sewer, Water

Lot Info

  • Parcel #: 50434415220000030
  • Lot Size: 1/2 to < 1 Acre
  • Zoning Description: R-C(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6390.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jan 4, 2022
Sold by
Paul Wilkinson
Bought by
Langner Ernst A
Seller's Agent
Joan Wenzel
Douglas Elliman
Buyer's Agent
Lawrence A Moens
Lawrence A. Moens Associates
List Price
$785,000
Sold Price
$622,990
Premium/Discount to List
-$162,010
-20.64%
Total Days on Market
88
Current Estimated Value
$987,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,421
Avg. Annual Appreciation
14.46%

Purchase Details

Listed on
Oct 20, 2020
Closed on
Feb 12, 2021
Sold by
Bessemer Trust Company Of Florida
Bought by
Wilkinson Paul
Seller's Agent
Angelina Martinsen
RE/MAX Ocean Properties
Buyer's Agent
Dawn McConnell
Illustrated Properties LLC
List Price
$499,900
Sold Price
$400,000
Premium/Discount to List
-$99,900
-19.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.45%

Purchase Details

Closed on
Mar 25, 2015
Sold by
Mortimer Linda M and Mortimer Hughes Linda
Bought by
The Linda Mortimer Hughes Trust

Purchase Details

Closed on
Apr 26, 1999
Sold by
Bejan Edward and Bejan Frances K
Bought by
Mortimer Linda M
Source: Public Records

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Range of Values:

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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 $622,990 Tannenbaum Michael D
Deed $400,000 Premier Title Company Ltd
Interfamily Deed Transfer -- None Available
Warranty Deed $165,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2022 01/04/22 Sold $622,990 -20.6% $445 / Sq Ft
12/05/2021 12/05/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $785,000 +96.3% $561 / Sq Ft
02/16/2021 02/16/21 Sold $400,000 -20.0% $342 / Sq Ft
01/17/2021 01/17/21 Pending -- -- --
10/20/2020 10/20/20 For Sale $499,900 -- $428 / 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 $10,363 $645,535 -- --
2023 $9,634 $586,850 $0 $0
2022 $8,680 $533,500 $0 $0
2021 $6,423 $400,000 $0 $400,000
2020 $6,360 $420,000 $0 $420,000
2019 $6,212 $420,000 $0 $420,000
2018 $5,267 $350,000 $0 $350,000
2017 $5,002 $330,000 $0 $0
2016 $3,967 $214,500 $0 $0
2015 $3,590 $195,000 $0 $0
2014 $3,457 $185,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10664872

BeachesMLS

APN: 50-43-44-15-22-000-0030