NOT LISTED FOR SALE

2227 Ibis Isle Rd E Palm Beach, FL 33480

Estimated Value: $6,147,309 - $7,077,000

3 Beds
3.5 Baths
5,184 Sq Ft
$1,282/Sq Ft Est. Value

Last Sold February 15, 2018

Last sale price $3,150,000 $608 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $39,914/month

151 Days on Market

Highlights

  • Waterfront
  • Canal View
  • Vaulted Ceiling
  • Palm Beach Public School Rated A-
  • Deck
  • Marble Flooring

About This Home

As of February 2018

An impossible find in Paradise. This private, immaculate 12 years young, new build is an absolute gem and boasts today's sophisticated design concepts including: two master suites, two laundries, high ceilings, grand scale to all rooms, open layouts, upstairs morning kitchen, office loft, outdoor kitchen & entertaining loggia, two car garage, full hurricane glass and doors. The fabulous kitchen is accented by a breakfast room with a covered loggia that overlooks the waterway, fountain and spa. You can find our Team in the spectacular and regal thousand bottle wine cellar accented by Cathedral ceilings and appointed with Jerusalem stone, ornamental woodwork, corking table and backlit liquor cabinet.A hidden European hideaway rich in landscape and surrounding properties includes an (MORE)

Last Agent to Sell the Property

Tara Pearl

Palm Beach Real Estate, Inc. License #3006103 Listed on: 08/17/2017

Last Buyer's Agent

John Ross

Douglas Elliman License #3276717

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,207

Year Built

  • Built in 2005

Lot Details

  • 0.28 Acre Lot
  • Waterfront
  • Property is zoned R-B(ci

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Concrete Roof

Interior Spaces

  • 5,184 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Marble Flooring
  • Canal Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Deck
  • Open Patio
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • Ibis Isle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434415010000470

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,207

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: South Ocean Blvd South past Southern Blvd, right onto Ibis Way, left in Ibis Isle E, second on the right.
  • Year Built: 2005
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Elevator, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Marble, Other
  • Living Area: 5184.0
  • Dining Room Type: Den, Family Room, Laundry
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Deck, Outdoor Grill, Patio
  • View: Canal
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Deck, Open, Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434415010000470
  • Lot Size Sq Ft: 12000.0
  • Zoning Description: R-B(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 20207.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2017
Closed on
Feb 15, 2018
Sold by
Cofer Sandra G and Sandra G Cofer Living Trust
Bought by
Rudolph Howard M and Rudolph Julianne
Seller's Agent
Tara Pearl
Palm Beach Real Estate, Inc.
Buyer's Agent
John Ross
Douglas Elliman
List Price
$3,395,000
Sold Price
$3,150,000
Premium/Discount to List
-$245,000
-7.22%
Total Days on Market
151
Current Estimated Value
$6,643,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,493,577
Avg. Annual Appreciation
10.78%
Original Mortgage
$2,750,000
Interest Rate
4.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2005
Sold by
Richardson Kevin F
Bought by
Cofer Sandra G and Sandra G Cofer Living Trust

Purchase Details

Closed on
Dec 2, 2004
Sold by
Cofer Sandra G
Bought by
Richardson Kevin F and Sandra G Cofer Living Trust

Purchase Details

Closed on
May 1, 2002
Sold by
Myerberg Gertrude S
Bought by
Cofer Sandra G
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 Buyer Sale Price Title Company
Rudolph Howard M $3,150,000 Inlet Title Llc
Cofer Sandra G -- --
Richardson Kevin F -- --
Cofer Sandra G $600,000 Integrity Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rudolph Howard M $2,219,750
Closed Rudolph Howard M $2,750,000
Previous Owner Sandra G Cofer Living Trust $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2018 02/15/18 Sold $3,150,000 -7.2% $608 / Sq Ft
01/16/2018 01/16/18 Pending -- -- --
08/17/2017 08/17/17 For Sale $3,395,000 -- $655 / 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 $32,723 $2,176,503 -- --
2023 $32,002 $2,113,110 $0 $0
2022 $32,042 $2,051,563 -- --
2021 $32,609 $1,991,809 $1,395,000 $596,809
2020 $33,570 $2,019,098 $0 $0
2019 $33,500 $1,973,703 $0 $0
2018 $35,970 $2,150,445 $1,463,616 $686,829
2017 $20,729 $1,229,977 $0 $0
2016 $20,207 $1,204,679 $0 $0
2015 $20,894 $1,196,305 $0 $0
2014 $20,993 $1,186,811 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10359690

BeachesMLS

APN: 50-43-44-15-01-000-0470