$1,142,500
SOLD APR 30, 2012

2273 Ibis Isle Rd E Palm Beach, FL 33480

4 Beds
4 Baths
5,580 Sq Ft
0.27 Acres

Recently Sold

$205 Per Sq Ft

24 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Property has ocean access
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Heated Pool and Spa
  • Lanai

About This Home

As of April 2024

This home is located at 2273 Ibis Isle Rd E, Palm Beach, FL 33480 and is currently priced at $1,142,500, approximately $204 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.

Last Agent to Sell the Property

Paulette Koch

The Corcoran Group License #3068398 Listed on: 03/09/2012

The Corcoran Group

Co-Listed By

Dana Koch

The Corcoran Group License #3027862

Last Buyer's Agent

JOAN WENZEL

MARTHA A. GOTTFRIED, INC. 0200

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,244

Year Built

  • Built in 1972

Lot Details

  • 100 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • West Facing Home
  • Gated Home
  • Property is zoned RB

Parking

  • No Garage

Home Design

  • Frame Construction
  • Tile Roof
  • Fiber Cement Roof
  • Tile

Interior Spaces

  • 5,580 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Dining Room
  • Library
  • Impact Glass

Kitchen

  • Electric Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Parquet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated Pool and Spa
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • 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 50434415010000410

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,244

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 100
  • Subdivision Name: Ibis Isle
  • Above Grade Finished Sq Ft: 12500.0
  • Architectural Style: Two Story
  • Year Built: 1972
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 9244.0
  • Location Tax Legal:Tax Year2: 2011
  • General Property Description:Living Area: 5580.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 100
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Windows:Impact Glass: Yes
  • Pool:Heated - Electric: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Security:Gate House: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Floors:Parquet: Yes
  • Exposure:West: Yes
  • General Property Description:Waterfront Ftg: 100.0
  • Waterfront:Intracoastal-Direct: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Range-Electric, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, Marble, Parquet, Tile
  • Interior Amenities: Cable, Fireplace, Wndw Trmnts Included
  • Living Area: 5580.0
  • Window Features: Impact Glass
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Fireplace: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Heated - Electric, Spa
  • Pool Private: Yes
  • Waterfront Features: Intracoastal-Direct
  • Waterfront: Yes
  • Construction Type: Frame, Hollow Tile
  • Exterior Features: Patio/Lanai, Ocean Access-No Deed
  • Roof: Cement Tile
  • Exterior Features:PatioLanai: Yes
  • Construction:Frame: Yes
  • Pool/Spa: Yes
  • Exterior Features:Ocean Access-No Deed: Yes
  • Construction:Hollow Tile: Yes

Garage/Parking

  • Parking Features: No Garage
  • Garage:No Garage: Yes

Utilities

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

Lot Info

  • Land Lease Amount Frequency: Yes
  • Parcel #: 50434415010000410
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 9244.0
  • Tax Year: 2011

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
24
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

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 Type Sale Price Title Company
Warranty Deed $4,250,000 None Listed On Document
Warranty Deed $1,142,500 Attorney
Warranty Deed $400,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,000,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
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: 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 $15,698 $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

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 12-631

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