NOT LISTED FOR SALE

2259 Ibis Isle Rd E Palm Beach, FL 33480

Estimated Value: $1,350,000 - $5,701,000

3 Beds
2 Baths
1,807 Sq Ft
$2,379/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $1,995,000 $1,104 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $26,732/month

694 Days on Market

Highlights

  • Property has ocean access
  • Home fronts a seawall
  • Contemporary Architecture
  • Palm Beach Public School Rated A-
  • Outdoor Pool
  • Lanai

About This Home

As of May 2017

Fun and modern this 3 bedroom, 2 bath waterfront residence is sited on 100 feet of water frontage on the Intracoastal Waterway with serene water views from all of the living areas. Located in the Palm Beach community of Ibis Isle, this residence is a hidden waterfront gem. The residence boasts, all new Kitchen Appliances, New Bathrooms, New Impact Windows, and the Pool has been resurfaced. Fun and modern this 3 bedroom, 2 bath waterfront residence is sited on 100 feet of water frontage on the Intracoastal Waterway with serene water views from all of the living areas. Located in the Palm Beach community of Ibis Isle, this residence is a hidden waterfront gem. The residence boasts, all new Kitchen Appliances, New Bathrooms, New Impact Windows, and the Pool has been resurfaced. An attached two car garage offers extra space for beach toys, kayaks and surfboards. Glass doors open to the beautiful pool and patio for easy entertaining. Steps away from this chic property is The Four Seasons Resort, The Raymond Floyd Par 3 Golf Course, Tideline Resort and Spa, Bike path and Ocean Beaches. Exceptional opportunity to live in sunny Palm Beach.

Last Agent to Sell the Property

Denise Segraves

Sotheby's International Realty, Inc. License #438442 Listed on: 05/27/2015

Sotheby's International Realty, Inc.

Last Buyer's Agent

MARIE ROSNER

FENTON & LANG

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,640

Year Built

  • Built in 1963

Lot Details

  • 0.28 Acre Lot
  • Home fronts a seawall
  • Property fronts an intracoastal waterway
  • Home has East and West Exposure
  • Property is zoned R-B - Low Density Residential, R-B - Low Density

Home Design

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

Interior Spaces

  • 1,807 Sq Ft Home
  • Dining Area
  • Utility Room
  • Terrazzo Flooring

Kitchen

  • Single Oven
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Bulkhead
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Ibis Isle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434415010000430

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,640

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Lot Size: 100
  • Subdivision Name: Ibis Isle
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 1963
  • Location Tax Legal:Zoned: R-B - Low Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 15640.19
  • Location Tax Legal:Tax Year2: 2014
  • General Property Description:Living Area: 1807.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 100
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Windows:Impact Glass - Full: Yes
  • General Property Description:Lot SqFt: 12197
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:East: Yes
  • Auto Garage Door Opener: Yes
  • Floors:Terrazzo: Yes
  • Exposure:West: Yes
  • Waterfront:Intracoastal-Direct: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Oven-Single, Washer, Dryer
  • Total Bedrooms: 3
  • Flooring: Terrazzo
  • Interior Amenities: Smoke Detectors, Wndw Trmnts Included
  • Living Area: 1807.0
  • Window Features: Impact Glass-Full
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Smoke Detectors: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Intracoastal-Direct
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Ocean Access-No Deed, Seawall/Bulkhead
  • Roof: Cement Tile
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:SeawallBulkhead2: Yes
  • Exterior Features:Ocean Access-No Deed: Yes

Garage/Parking

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

Utilities

  • Heating: Central Air
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: Yes
  • Lot Size Sq Ft: 12197.0
  • Parcel #: 50434415010000430
  • Zoning: R-B - Low Density
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 15640.19
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2015
Closed on
May 26, 2017
Sold by
Cocobeach Llc
Bought by
Hoffman Nichola Jo and Hoffman James E
Seller's Agent
Denise Segraves
Sotheby's International Realty, Inc.
Buyer's Agent
MARIE ROSNER
FENTON & LANG
List Price
$1,995,000
Sold Price
$1,995,000
Total Days on Market
694
Current Estimated Value
$4,299,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,304,739
Avg. Annual Appreciation
10.05%

Purchase Details

Listed on
Apr 16, 2012
Closed on
Jul 31, 2013
Sold by
Steffes Investments Inc
Bought by
Cocobeach Llc
Seller's Agent
KERRY WARWICK
THE FITE GROUP
Buyer's Agent
Denise Segraves
Sotheby's International Realty, Inc.
List Price
$1,200,000
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.23%

Purchase Details

Closed on
Dec 19, 2005
Sold by
Stevens Susan S
Bought by
Steffes Investments Inc

Purchase Details

Closed on
Jun 21, 2001
Sold by
Kathleen S Bowes Trust
Bought by
Stevens Susan S
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
Hoffman Nichola Jo $1,995,000 Attorney
Cocobeach Llc $1,200,000 Attorney
Steffes Investments Inc $1,550,000 --
Stevens Susan S $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stevens Susan S $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2017 05/26/17 Sold $1,995,000 0.0% $1,104 / Sq Ft
04/20/2017 04/20/17 Pending -- -- --
05/27/2015 05/27/15 For Sale $1,995,000 +66.3% $1,104 / Sq Ft
07/31/2013 07/31/13 Sold $1,200,000 0.0% $664 / Sq Ft
07/02/2013 07/02/13 Pending -- -- --
04/16/2012 04/16/12 For Sale $1,200,000 -- $664 / 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 $46,956 $1,921,798 -- --
2023 $38,520 $1,747,089 $3,150,840 $365,442
2022 $35,734 $1,588,263 $0 $0
2021 $24,358 $1,443,875 $1,395,000 $48,875
2020 $32,851 $1,936,168 $1,725,000 $211,168
2019 $31,624 $1,868,814 $1,725,000 $143,814
2018 $27,430 $1,626,433 $1,463,616 $162,817
2017 $19,653 $1,260,305 $1,108,800 $151,505
2016 $16,932 $939,353 $0 $0
2015 $15,469 $853,957 $0 $0
2014 $15,640 $852,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Denise Segraves

    Sotheby's International Realty, Inc.

    (561) 762-3100

    6 Total Sales

    Denise Segraves
    Section Image

  • M

    Buyer's Agent in 2017

    MARIE ROSNER

    FENTON & LANG

  • K

    Seller's Agent in 2013

    KERRY WARWICK

    THE FITE GROUP

  • W

    Seller Co-Listing Agent in 2013

    WILLIAM WARWICK

    THE FITE GROUP

See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 15-1149

APN: 50-43-44-15-01-000-0430

Florida Palm Beach County Palm Beach 33480

2259 Ibis Isle Rd E, Palm Beach, FL

This home is located at 2259 Ibis Isle Rd E, Palm Beach, FL 33480 since 27 May 2015 and is currently estimated at $4,299,739, approximately $2,379 per square foot. This property was built in 1963. 2259 Ibis Isle Rd E 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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