NOT LISTED FOR SALE

2243 Ibis Isle Rd E Palm Beach, FL 33480

Palm Beach Area

Estimated Value: $5,382,000 - $8,577,000

3 Beds
3.5 Baths
3,552 Sq Ft
$1,954/Sq Ft Est. Value

Sale Details

Date Sold: July 21, 2021

Last sale price $4,775,000 $1,344 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $42,266 / mo

141 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Heated Pool
  • Sitting Area In Primary Bedroom
  • Palm Beach Public School Rated A-
  • Home fronts a lagoon or estuary
  • Colonial Architecture

About This Home

As of July 2021

Beautiful totally renovated contemporary waterfront home on desirable Ibis Isle in Palm Beach. Large impact windows and doors lead out to the gardens and spacious pool area with a full summer kitchen and overlooking the east Intracoastal Waterway. Great for entertaining! A staircase from the terrace leads to a 2nd story waterfront deck. Watch the abundant bird life and boats go by while enjoying the breezes from the nearby Ocean. The home has an open floorplan with marble floors, coquina columns, and fireplace. Other features include a chefs kitchen with a gas stove, stylish baths, ample closets, large family room on the 1st level, and an office off the master bedroom. The home also offers a whole house water filtration system, state of the art generator, two car garage, and private entry. The island of Ibis Isle is extremely well located across A1A from Phipps Ocean Park, Palm Beach Tennis Center, and Palm Beach Par 3 Golf Course with clubhouse and award winning restaurant. Short drive to 5 Star hotels, Worth Avenue, fine dining, and cultural centers. Installing a dock for small boating sports is permitted.

Last Agent to Sell the Property

Joan Wenzel

Douglas Elliman License #597469 Listed on: 12/08/2020

Douglas Elliman

Co-Listed By

Pamela Gottfried

Douglas Elliman License #0373953

Last Buyer's Agent

Cara McClure

Douglas Elliman License #3177951

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,921

Year Built

  • Built in 1984

Lot Details

  • Home fronts a lagoon or estuary
  • Property fronts an intracoastal waterway
  • West Facing Home
  • Sprinkler System
  • Property is zoned R-B

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 3,552 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • Ceiling Fan
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Gas Range
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry closet
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Intercom
  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Heated Pool
  • Balcony
  • Patio
  • Outdoor Living Area
  • Outdoor Kitchen
  • Built-In Barbecue

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Three-Phase Power
  • Electric Water Heater
  • Water Softener is Owned
  • Fuel Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ibis Isle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434415010000450

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,921

Year Built

Built in 1984

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Across A1A from Phipps Ocean Park
  • Year Built: 1984
  • Architectural Style: Colonial
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Features, Bathtub, Closet Cabinetry, Central Vacuum, Dual Sinks, Entrance Foyer, Garden Tub/Roman Tub, Kitchen Island, Living/Dining Room, Sitting Area in Primary, Storage, Soaking Tub, Separate Shower, Upper Level Primary, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Free-Standing Freezer, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Water Softener Owned, Water Heater, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Entry Location: Entry Level Living Area Y
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 3552.0
  • Stories: 2
  • Window Features: Storm Window(s)

Exterior Features

  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Outdoor Kitchen, Outdoor Living Area
  • Lot Features: Sprinklers Automatic, Sprinkler System
  • Pool Features: Heated
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access, Lagoon
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Patio, Balcony
  • Property Condition: Resale
  • Roof: Concrete, Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside, Laundry Closet, Laundry Tub
  • Other Equipment: Fuel Tank(s), Intercom
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Zoned
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434415010000450
  • Mobile Dim Units: Feet
  • Zoning: R-B

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 17921.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2020
Closed on
Jul 20, 2021
Sold by
Bought by
Seller's Agent
Joan Wenzel
Douglas Elliman
Buyer's Agent
Cara McClure
Douglas Elliman
List Price
$5,250,000
Sold Price
$4,775,000
Premium/Discount to List
-$475,000
-9.05%
Current Estimated Value
$6,939,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,164,261
Avg. Annual Appreciation
7.71%
Original Mortgage
$3,360,000
Outstanding Balance
$2,980,349
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$3,958,912

Purchase Details

Closed on
Jun 5, 2017
Sold by
Bought by

Purchase Details

Closed on
May 10, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,775,000 Attorney
-- None Available
$1,393,500 Attorney
$1,200,000 --
$780,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,360,000
Previous Owner $1,100,000
Previous Owner $250,000
Previous Owner $960,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/21/2021 07/21/21 Sold $4,775,000 -9.0% $1,344 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
12/08/2020 12/08/20 For Sale $5,250,000 -- $1,478 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $49,941 $4,996,117
2024 $49,941 $5,739,773
2023 $70,017 $4,553,533 $0 $0
2022 $65,007 $4,139,575 $0 $0
2021 $17,901 $1,085,322 $0 $0
2020 $17,921 $1,070,337 $0 $0
2019 $17,878 $1,046,273 $0 $0
2018 $17,007 $1,026,764 $0 $0
2017 $16,993 $1,005,645 $0 $0
2016 $16,428 $984,961 $0 $0
2015 $16,985 $978,114 $0 $0
2014 $17,065 $970,351 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10676757

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-44-15-01-000-0450

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