NOT LISTED FOR SALE

2273 Ibis Isle Rd E Palm Beach, FL 33480

Estimated Value: $4,524,000 - $5,160,601

4 Beds
4.5 Baths
5,580 Sq Ft
$857/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $4,250,000 $762 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $26,685/month

66 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Intracoastal View
  • Home Theater
  • Palm Beach Public School Rated A-
  • Gated with Attendant
  • Heated Pool

About This Home

As of April 2024

Discover waterfront living on Palm Beach's sought after Ibis Isle. This 4 bedroom, 4 bathroom home on the East side offers Palm Beach living near the Ocean. With high ceilings and wonderful floor plan, the home features a two-story living room with a grand staircase (potential space for an elevator) and a chef's kitchen flowing into a spacious dining area and family room. The grand primary suite boasts ample closets and a luxurious bath. Newer windows throughout. Outside, a pool overlooks the waterway and is surrounded by mature trees. Potential for a dock. Ibis Isle is located across A1A from Phipps Ocean Park, Palm Beach Tennis Center, and Palm Beach Par 3 golf. A short drive leads to Worth Avenue, 5 star hotels, shopping, fine dining and cultural centers.

Last Agent to Sell the Property

Joan Wenzel

Douglas Elliman License #597469 Listed on: 12/11/2023

Douglas Elliman

Co-Listed By

Pamela Gottfried

Douglas Elliman License #0373953

Last Buyer's Agent

Simon Isaacs

Simon Isaacs Real Estate LLC License #3341521

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,316

Year Built

  • Built in 1972

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100x120
  • 100 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Property is zoned R-B

Parking

  • Driveway

Property Views

  • Intracoastal
  • Pool

Home Design

  • Frame Construction
  • Concrete Roof

Interior Spaces

  • 5,580 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Fireplace
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Impact Glass

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Parquet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434415010000410

Community Details

Recreation

  • Community Pool
  • Trails

Additional Features

  • Ibis Isle Subdivision
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,316

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: S. Ocean Blvd. south of Sloans Curve, west on Ibis Isle
  • Year Built: 1972
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Dining Area, Separate/Formal Dining Room, Fireplace, Split Bedrooms, Separate Shower
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Marble, Parquet, Tile, Wood
  • Living Area: 5580.0
  • Dining Room Type: Den, Family Room, Media Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Patio
  • View: Intercoastal, Pool
  • Road Frontage Type: Waterfront
  • Pool Features: Heated, Pool, Association, Community
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Frame
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Garage Yn: No
  • Parking Features: Driveway

Utilities

  • Security: Gated with Guard, Security Guard
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Pool, Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434415010000410
  • Lot Size: 100x120
  • Lot Size Sq Ft: 12000.0
  • Zoning Description: R-B
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 15316.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2023
Closed on
Apr 30, 2024
Sold by
Dull Leon and Dull Walter
Bought by
Banastey Hayati
Seller's Agent
Joan Wenzel
Douglas Elliman
Buyer's Agent
Simon Isaacs
Simon Isaacs Real Estate LLC
List Price
$7,600,000
Sold Price
$4,250,000
Premium/Discount to List
-$3,350,000
-44.08%
Total Days on Market
66
Views
53
Current Estimated Value
$4,781,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$531,650
Avg. Annual Appreciation
11.53%
Original Mortgage
$3,000,000
Outstanding Balance
$2,970,998
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$1,810,652

Purchase Details

Listed on
Mar 9, 2012
Closed on
Apr 23, 2012
Sold by
Hunt Thomas P and Hunt Linda K
Bought by
Dull Walter and Rubin Dull Roberta G
Seller's Agent
Paulette Koch
The Corcoran Group
Buyer's Agent
JOAN WENZEL
MARTHA A. GOTTFRIED, INC. 0200
List Price
$1,142,500
Sold Price
$1,142,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.56%

Purchase Details

Closed on
Nov 22, 1996
Sold by
Montgomery Robert M and Montgomery Mary M
Bought by
Hunt Thomas P and Hunt Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.83%
Mortgage Type
Credit Line Revolving
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
Banastey Hayati $4,250,000 None Listed On Document
Dull Walter $1,142,500 Attorney
Hunt Thomas P $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banastey Hayati $3,000,000
Previous Owner Hunt Thomas P $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $4,250,000 -25.4% $762 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
02/06/2024 02/06/24 Price Changed $5,700,000 -25.0% $1,022 / Sq Ft
12/11/2023 12/11/23 For Sale $7,600,000 +565.2% $1,362 / Sq Ft
04/30/2012 04/30/12 Sold $1,142,500 0.0% $205 / Sq Ft
04/02/2012 04/02/12 Pending -- -- --
03/09/2012 03/09/12 For Sale $1,142,500 -- $205 / Sq Ft
Source: BeachesMLS

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 $15,698 $1,031,659 -- --
2023 $15,316 $1,001,611 $0 $0
2022 $15,321 $972,438 $0 $0
2021 $15,610 $944,115 $0 $0
2020 $15,624 $931,080 $0 $0
2019 $15,585 $910,147 $0 $0
2018 $14,830 $893,177 $0 $0
2017 $14,813 $874,806 $0 $0
2016 $14,224 $856,813 $0 $0
2015 $14,705 $850,857 $0 $0
2014 $14,775 $844,104 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joan Wenzel

    Seller's Agent in 2024

    Joan Wenzel

    Douglas Elliman

    (561) 371-5743

    76 Total Sales

    Joan Wenzel
    Section Image

  • P

    Seller Co-Listing Agent in 2024

    Pamela Gottfried

    Douglas Elliman

    (561) 371-5700

    70 Total Sales

    Pamela Gottfried
    Section Image
  • Simon Isaacs

    Buyer's Agent in 2024

    Simon Isaacs

    Simon Isaacs Real Estate LLC

    (561) 818-3936

    133 Total Sales

    Simon Isaacs
    Section Image

  • P

    Seller's Agent in 2012

    Paulette Koch

    The Corcoran Group

    (561) 227-4416

    145 Total Sales

    Paulette Koch
    Section Image
  • Dana Koch

    Seller Co-Listing Agent in 2012

    Dana Koch

    The Corcoran Group

    (561) 379-7718

    235 Total Sales

    Dana Koch
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10942292

BeachesMLS

APN: 50-43-44-15-01-000-0410

Florida Palm Beach County Palm Beach 33480

2273 Ibis Isle Rd E, Palm Beach, FL

This home is located at 2273 Ibis Isle Rd E, Palm Beach, FL 33480 since 11 December 2023 and is currently estimated at $4,781,650, approximately $856 per square foot. This property was built in 1972. 2273 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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