2273 Ibis Isle Rd E Palm Beach, FL 33480
4
Beds
4.5
Baths
5,580
Sq Ft
0.28
Acres
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 2024Discover 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.
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
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%
Views
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$671,191
Avg. Annual Appreciation
9.81%
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
Similar Homes in Palm Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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: BeachesMLS
Tax History Compared to Growth
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
-
Seller's Agent in 2024
Joan Wenzel
Douglas Elliman
(561) 371-5743
74 Total Sales
-
P
Seller Co-Listing Agent in 2024
Pamela Gottfried
Douglas Elliman
(561) 371-5700
67 Total Sales
-
Buyer's Agent in 2024
Simon Isaacs
Simon Isaacs Real Estate LLC
(561) 818-3936
128 Total Sales
-
P
Seller's Agent in 2012
Paulette Koch
The Corcoran Group
(561) 227-4416
144 Total Sales
-
Seller Co-Listing Agent in 2012
Dana Koch
The Corcoran Group
(561) 379-7718
228 Total Sales
Map
Source: BeachesMLS
MLS Number: R10942292
APN: 50-43-44-15-01-000-0410
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