NOT LISTED FOR SALE

2255 Ibis Isle Rd W Palm Beach, FL 33480

Estimated Value: $1,849,000 - $4,770,000

3 Beds
3 Baths
2,615 Sq Ft
$1,430/Sq Ft Est. Value

Last Sold October 07, 2014

Last sale price $1,800,000 $688 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $24,496/month

70 Days on Market

Highlights

  • Outdoor Pool
  • Waterfront
  • No HOA
  • Palm Beach Public School Rated A-
  • Bermuda Architecture
  • 2 Car Attached Garage

About This Home

As of October 2014

Chic & stylish mid-century home with light and bright open space, perfect for the casual lifestyle. Extraordinary gardens designed by Mario Nievera surround the many outdoor living areas. The master bedroom, huge bath and closet were added recently.

Last Agent to Sell the Property

LYNN WARREN

THE FITE GROUP Listed on: 07/08/2014

Co-Listed By

GARY LITTLE

THE FITE GROUP

Last Buyer's Agent

Tony Angiuli

Shore Group Realty Inc. License #SL-3267686

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,331

Year Built

  • Built in 1956

Lot Details

  • Waterfront
  • Home has East and West Exposure
  • Property is zoned RB

Parking

  • 2 Car Attached Garage

Home Design

  • Bermuda Architecture
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,615 Sq Ft Home
  • Double Hung Windows
  • Home Security System

Kitchen

  • Single Oven
  • Gas Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Outdoor Pool
  • Forced Air Zoned Heating and Cooling System

Community Details

  • No Home Owners Association
  • Ibis Isle Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434415010000280

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,331

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 120
  • Subdivision Name: Ibis Isle
  • Architectural Style: Bermuda
  • Year Built: 1956
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 5331.0
  • Location Tax Legal:Tax Year2: 2013
  • General Property Description:Living Area: 2615.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 120
  • Floors:WW Carpeting: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Bermuda: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:East: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Floors:Terrazzo: Yes
  • Exposure:West: Yes
  • Windows:Double Hung: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Ice Maker, Range-Gas, Oven-Single, Washer, Dryer
  • Total Bedrooms: 3
  • Flooring: Terrazzo, W/W Carpeting
  • Living Area: 2615.0
  • Window Features: Double Hung
  • Appliances Dishwasher: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Oven-Single: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Roof: Cement Tile
  • Construction:Cement BlockStucco: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached
  • Garage: Yes
  • Garage:_two_ Car: Yes

Utilities

  • Security: Security System
  • Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 50434415010000280
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 5331.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2014
Closed on
Oct 7, 2014
Sold by
Watkins Bruce W and Watkins Tamara
Bought by
Fisher Alease
Seller's Agent
LYNN WARREN
THE FITE GROUP
Buyer's Agent
Tony Angiuli
Shore Group Realty Inc.
List Price
$1,800,000
Sold Price
$1,800,000
Total Days on Market
70
Current Estimated Value
$3,738,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,938,146
Avg. Annual Appreciation
7.10%
Original Mortgage
$1,440,000
Interest Rate
3.1%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 2, 2006
Sold by
Nievera Mario
Bought by
Watkins Bruce W and Watkins Tamara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 2001
Sold by
Gottschalk Paul
Bought by
Nievera Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
7.12%

Purchase Details

Closed on
Sep 10, 2001
Sold by
Gottschalk Paul
Bought by
Nievera Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
7.12%

Purchase Details

Closed on
Apr 28, 2000
Sold by
Pr Paul Gottschalk
Bought by
Gottschalk Paul
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
Fisher Alease $1,800,000 Attorney
Watkins Bruce W $1,262,000 Attorney
Nievera Mario -- --
Nievera Mario $495,000 --
Gottschalk Paul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher Alease $1,460,000
Closed Fisher Alease $1,440,000
Previous Owner Watkins Bruce W $1,000,000
Previous Owner Watkins Bruce W $1,000,000
Previous Owner Watkins Bruce W $1,000,000
Previous Owner Nievera Mario $75,100
Previous Owner Nievera Mario $607,000
Previous Owner Nievera Mario $169,500
Previous Owner Nievera Mario $396,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2014 10/07/14 Sold $1,800,000 0.0% $688 / Sq Ft
10/07/2014 10/07/14 Sold $1,800,000 0.0% $688 / Sq Ft
09/16/2014 09/16/14 Pending -- -- --
09/07/2014 09/07/14 Pending -- -- --
07/08/2014 07/08/14 For Sale $1,800,000 -18.0% $688 / Sq Ft
12/06/2013 12/06/13 For Sale $2,195,000 -- $839 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $42,860 $2,544,821 -- --
2023 $42,900 $2,313,474 $0 $0
2022 $39,988 $2,103,158 $0 $0
2021 $34,366 $2,262,961 $1,215,000 $1,047,961
2020 $29,585 $1,738,147 $900,000 $838,147
2019 $28,342 $1,628,098 $918,000 $710,098
2018 $25,563 $1,511,854 $884,918 $626,936
2017 $26,183 $1,517,557 $884,918 $632,639
2016 $26,272 $1,517,557 $0 $0
2015 $25,441 $1,410,587 $0 $0
2014 $5,464 $330,992 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    LYNN WARREN

    THE FITE GROUP

  • G

    Seller Co-Listing Agent in 2014

    GARY LITTLE

    THE FITE GROUP

  • T

    Buyer's Agent in 2014

    Tony Angiuli

    Shore Group Realty Inc.

    (561) 346-5487

    8 Total Sales

    Tony Angiuli
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 13-2681

APN: 50-43-44-15-01-000-0280

Florida Palm Beach County Palm Beach 33480

2255 Ibis Isle Rd W, Palm Beach, FL

This home is located at 2255 Ibis Isle Rd W, Palm Beach, FL 33480 since 08 July 2014 and is currently estimated at $3,738,146, approximately $1,429 per square foot. This property was built in 1956. 2255 Ibis Isle Rd W 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.

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