NOT LISTED FOR SALE

2263 Ibis Isle Rd E Palm Beach, FL 33480

Estimated Value: $1,717,000 - $3,560,000

3 Beds
2 Baths
2,691 Sq Ft
$999/Sq Ft Est. Value

Last Sold October 17, 2019

Last sale price $1,212,500 $451 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $15,589/month

91 Days on Market

Highlights

  • Property has ocean access
  • Waterfront
  • No HOA
  • Palm Beach Public School Rated A-
  • Bermuda Architecture
  • Eat-In Kitchen

About This Home

As of October 2019

Extremely well maintained Bermuda ranch home on Ibis Isle in Palm Beach. Enter the Island off A1A from a small bridge to the beautifully landscaped private property. The 3 bedroom, 3 bathroom home has a spacious open floor plan with a large living and dining area and is great for entertaining. Walk to the Ocean and Palm Beach Tennis Center. Short drive to Palm Beach Par 3 Golf Course, 5 Star Hotels, Worth Avenue, restaurants, and cultural centers.

Last Agent to Sell the Property

Joan Wenzel

Douglas Elliman License #597469 Listed on: 02/22/2019

Douglas Elliman

Co-Listed By

Pamela Gottfried

Douglas Elliman License #BK-373953

Last Buyer's Agent

JOAN WENZEL

MARTHA A. GOTTFRIED, INC. 0200

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,639

Year Built

  • Built in 1959

Lot Details

  • 0.28 Acre Lot
  • Waterfront
  • Home has sun exposure from multiple directions
  • Property is zoned RD-1

Home Design

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

Interior Spaces

  • 2,691 Sq Ft Home
  • Dining Area
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Property has ocean access

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434415010000320

Community Details

Overview

  • No Home Owners Association
  • Ibis Isle Subdivision

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,639

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Lot Size: 110
  • Subdivision Name: Ibis Isle
  • Directions: Across from Phipps Ocean Park Cross A1A onto intracoastal and Ibis Isle
  • Architectural Style: Bermuda
  • Garage Yn: Yes
  • Year Built: 1959
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 5639.0
  • Location Tax Legal:Tax Year2: 2018
  • General Property Description:Living Area: 2691.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 110
  • Roof:Cement Tile: Yes
  • Style:Bermuda: Yes
  • General Property Description:Lot SqFt: 12197
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Exposure:East: Yes
  • Auto Garage Door Opener: Yes
  • Security:Security Guards: Yes
  • Exposure:West: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Range-Electric, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Cable
  • Living Area: 2691.0
  • Window Features: Other
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: No Pool
  • Pool Private: No
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Ocean Access-No Deed
  • Roof: Cement Tile
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:Ocean Access-No Deed: Yes

Garage/Parking

  • Parking Features: Door Opener

Utilities

  • Security: Security Guards
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 12197.0
  • Parcel #: 50434415010000320
  • Zoning: RD-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5639.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2019
Closed on
Oct 17, 2019
Sold by
Wynkoop Dale L and Wynkoop Dale L
Bought by
Remson Mark
Seller's Agent
Joan Wenzel
Douglas Elliman
Buyer's Agent
JOAN WENZEL
MARTHA A. GOTTFRIED, INC. 0200
List Price
$1,212,500
Sold Price
$1,212,500
Total Days on Market
91
Current Estimated Value
$2,686,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,474,471
Avg. Annual Appreciation
15.21%
Original Mortgage
$968,000
Outstanding Balance
$857,302
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,829,669

Purchase Details

Closed on
Jun 18, 2007
Sold by
Wynkoop M Gwendlyn and Wynkoop Raymond C
Bought by
Wynkoop Raymond C and Gwendlyn Wynkoop M

Purchase Details

Closed on
Apr 25, 2000
Sold by
Wynkoop Raymond C and Wynkoop G Wynkoop M
Bought by
Wynkoop M G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,900
Interest Rate
8.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 23, 1993
Sold by
Tishman Jerome H
Bought by
Soevyn Gladys C
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Remson Mark $1,212,500 Attorney
Wynkoop Raymond C -- Attorney
Wynkoop M G -- --
Wynkoop Raymond C $422,000 --
Soevyn Gladys C $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Remson Mark $968,000
Previous Owner Wynkoop M Gwendolyn $248,000
Previous Owner Wynkoop Raymond C $255,000
Previous Owner Wynkoop Raymond C $84,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2019 10/17/19 Sold $1,212,500 0.0% $451 / Sq Ft
05/24/2019 05/24/19 Pending -- -- --
02/22/2019 02/22/19 For Sale $1,212,500 -- $451 / 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 $15,954 $1,048,837 -- --
2023 $15,566 $1,018,288 $0 $0
2022 $15,571 $988,629 $0 $0
2021 $15,865 $959,834 $0 $0
2020 $15,880 $946,582 $0 $0
2019 $19,597 $1,108,970 $918,000 $190,970
2018 $5,639 $329,223 $0 $0
2017 $5,562 $319,412 $0 $0
2016 $4,868 $312,842 $0 $0
2015 $5,028 $310,667 $0 $0
2014 $5,050 $308,201 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 19-577

APN: 50-43-44-15-01-000-0320