$1,278,500
SOLD JUN 7, 2013

2269 Ibis Isle Rd W Palm Beach, FL 33480

4 Beds
3 Baths
3,499 Sq Ft
0.27 Acres

Recently Sold

$365 Per Sq Ft

148 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Newly Remodeled
  • Bermuda Architecture
  • Palm Beach Public School Rated A-
  • Outdoor Pool
  • Wood Flooring

About This Home

As of April 2020

Magnificently appointed, 2-story 4BR/3.5BA Bermuda home on Ibis Isle, the hidden jewel of Palm Beach. Marvelous high ceilings and open living areas with tremendous open kitchen, perfect for entertaining. Two Master Suites on the 2nd floor with views of the Intracoastal off large terrace. Covered loggias, newly done lap pool, fenced yard, and tropical landscaping, all very close to the beach and Phipps Ocean Park. This fabulous home covers all expectations of a luxury lifestyle and Palm Beach living.

Last Agent to Sell the Property

JOAN WENZEL

THE FITE GROUP Listed on: 12/05/2012

Co-Listed By

B. DUERR

THE FITE GROUP

Last Buyer's Agent

Thomas Shaw

Sotheby's International Realty, Inc. License #3077438

Sotheby's International Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,697

Year Built

  • Built in 1999 | Newly Remodeled

Lot Details

  • Property fronts an intracoastal waterway
  • Home has sun exposure from multiple directions
  • Gated Home
  • Back Yard Fenced
  • Sprinkler System
  • Property is zoned RB

Parking

  • 2 Car Garage

Home Design

  • Bermuda Architecture
  • Tile Roof
  • Fiber Cement Roof

Interior Spaces

  • 3,499 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Dining Area
  • Library
  • Storage
  • Utility Room

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Pool
  • Balcony
  • Patio
  • Lanai

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ibis Isle Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434415010000270

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,697

Year Built

Built in 1999 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 100
  • Subdivision Name: Ibis Isle
  • Directions: South of Southern off A1A across from Phipps Park, turn onto Ibis Isle Way. Cross bridge. Left a stop sign. Proceed to 2269 W. Ibis Isle Rd.
  • Architectural Style: Bermuda, Two Story
  • Year Built: 1999
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 11697.0
  • Location Tax Legal:Tax Year2: 2012
  • General Property Description:Living Area: 3499.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 100
  • Floors:Hardwood: Yes
  • Floors:WW Carpeting: Yes
  • Roof:Cement Tile: Yes
  • Style:Two Story: Yes
  • Style:Bermuda: Yes
  • Pets:Pets Allowed: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Windows:Single Hung: Yes
  • Exposure:East: Yes
  • ACHeat:Multi Zone Air: Yes
  • Security:Gate House: Yes
  • Exposure:West: Yes
  • Waterfront:ICW - Across Street: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Range-Electric, Oven-Double, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile, W/W Carpeting
  • Interior Amenities: Cable, Ceiling Fan, Smoke Detectors, Storage, Wndw Trmnts Included, Pantry
  • Living Area: 3499.0
  • Window Features: Single Hung
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront, ICW - Across Street
  • Waterfront: Yes
  • Construction Type: New Construction
  • Exterior Features: Balcony, Patio/Lanai, Fence-Back Wall, Sprinkler System
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Construction:New Construction: Yes

Garage/Parking

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

Utilities

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

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 50434415010000270
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 11697.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2019
Closed on
Apr 30, 2020
Sold by
Peluso Christopher J
Bought by
Shrikhande Allyson and Shrikhande Gautam
Seller's Agent
Pamela Gottfried
Douglas Elliman
Buyer's Agent
Moniquie Matheson
Monique Matheson Properties, L.C.
List Price
$3,000,000
Sold Price
$3,000,000
Total Days on Market
148
Current Estimated Value
$4,371,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,371,662
Avg. Annual Appreciation
7.69%
Original Mortgage
$1,999,999
Outstanding Balance
$1,800,697
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$2,570,965

Purchase Details

Listed on
Dec 5, 2012
Closed on
Jun 6, 2013
Sold by
Hall Malcolm W and Sommerville Hall Lorrain Felicita
Bought by
Peluso Christopher J
Seller's Agent
JOAN WENZEL
THE FITE GROUP
Buyer's Agent
Thomas Shaw
Sotheby's International Realty, Inc.
List Price
$1,278,500
Sold Price
$1,278,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.16%
Original Mortgage
$600,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2012
Sold by
Williams Markets Group Llc
Bought by
Hall Malcolm W and Sommerville Hall Lorrain Felicita

Purchase Details

Closed on
Nov 29, 2011
Sold by
Willborn Holdings Inc
Bought by
Williams Markets Group Llc

Purchase Details

Closed on
Feb 2, 1998
Sold by
Thompson Ronald M and Thompson Ethel J
Bought by
Willborn Holdings Inc

Purchase Details

Closed on
May 24, 1994
Sold by
Scott Thomas E and Scott Renee
Bought by
Thompson Ronald M and Thompson Ethel Joyce
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $3,000,000 Attorney
Warranty Deed $1,278,500 Attorney
Special Warranty Deed $725,000 None Available
Corporate Deed $275,000 None Available
Warranty Deed $180,000 --
Warranty Deed $168,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,999,999 New Conventional
Previous Owner $600,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $3,000,000 0.0% $857 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
10/21/2019 10/21/19 For Sale $3,000,000 +134.6% $857 / Sq Ft
06/07/2013 06/07/13 Sold $1,278,500 0.0% $365 / Sq Ft
05/02/2013 05/02/13 Pending -- -- --
12/05/2012 12/05/12 For Sale $1,278,500 -- $365 / 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 $39,357 $2,622,645 -- --
2023 $38,505 $2,546,257 $0 $0
2022 $38,558 $2,472,094 $0 $0
2021 $39,234 $2,400,091 $1,215,000 $1,185,091
2020 $34,892 $2,112,871 $900,000 $1,212,871
2019 $32,622 $1,943,223 $918,000 $1,025,223
2018 $28,803 $1,770,812 $909,813 $860,999
2017 $27,974 $1,781,221 $909,813 $871,408
2016 $26,821 $1,380,183 $0 $0
2015 $25,874 $1,254,712 $0 $0
2014 -- $1,140,647 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 12-2696

APN: 50-43-44-15-01-000-0270