$880,000
SOLD JUN 20, 2013

2291 Ibis Isle Rd E Palm Beach, FL 33480

3 Beds
2 Baths
2,107 Sq Ft
0.27 Acres

Recently Sold

$418 Per Sq Ft

10 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Property has ocean access
  • Bermuda Architecture
  • Palm Beach Public School Rated A-
  • Screened Pool
  • Lanai

About This Home

As of February 2024

100' of waterfront footage on the southern tip of Palm Beach's exclusive and charming Ibis Isle in the IntraCoastal Waterway. Renovate this original 2,868 sf CBS home to your dream specs. At under $1 mil, this one will go very-very-very quickly!

Last Agent to Sell the Property

Douglas Rill

Century 21 America's Choice License #3009748 Listed on: 06/10/2013

Century 21 America's Choice

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,870

Year Built

  • Built in 1968

Lot Details

  • 100 Feet of Waterfront
  • Home fronts a seawall
  • Property fronts an intracoastal waterway
  • West Facing Home
  • Sprinkler System
  • Property is zoned RB

Parking

  • 2 Car Attached Garage

Home Design

  • Bermuda Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,107 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Awning
  • Sliding Windows
  • Dining Room
  • Storage
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Davits
  • Bulkhead
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ibis Isle Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434415010000390

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,870

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 100
  • Subdivision Name: Ibis Isle
  • Directions: Ocean Blvd to Ibis Isle turn south on E Ibis Isle Road, last house on left.
  • Above Grade Finished Sq Ft: 9950.0
  • Architectural Style: Bermuda, One Story
  • Year Built: 1968
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 7870.0
  • Location Tax Legal:Tax Year2: 2012
  • General Property Description:Living Area: 2107.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • Appliances Refrigerators: Yes
  • General Property Description:Lot Dim (1): 100
  • WaterSewer:Sewer: Yes
  • Windows:Sliding: Yes
  • Style:Bermuda: Yes
  • Pets:Pets Allowed: Yes
  • WaterSewer:City Water: Yes
  • Windows:Awning: Yes
  • HOA:None: Yes
  • Style:One Story: Yes
  • Pool:Screened Pool: Yes
  • Roof:Barrel Tile: Yes
  • Exposure:West: Yes
  • General Property Description:Waterfront Ftg: 100.0
  • Waterfront:Intracoastal-Direct: Yes
  • Dock:Davits: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Electric
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Cable, Ceiling Fan, Smoke Detectors, Storage, Pantry
  • Living Area: 2107.0
  • Window Features: Awning, Sliding
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Fresh Water, Screened Pool
  • Pool Private: Yes
  • Waterfront Features: Intracoastal-Direct
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Ocean Access-No Deed, Seawall/Bulkhead, Storm Shutters-Auto, Sprinkler System
  • Roof: Barrel
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:SeawallBulkhead2: Yes
  • Exterior Features:Ocean Access-No Deed: Yes
  • Exterior Features:Storm Shutters- Auto: Yes

Garage/Parking

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

Utilities

  • Heating: Central Air
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: Yes
  • Parcel #: 50434415010000390
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 7870.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2023
Closed on
Feb 26, 2024
Sold by
2291 Ibis Isle Llc
Bought by
Ibis Isle Road East Llc
Seller's Agent
Chris Deitz
Compass Florida, LLC
Buyer's Agent
Valentina Kraver
Douglas Elliman
List Price
$13,895,000
Sold Price
$12,500,000
Premium/Discount to List
-$1,395,000
-10.04%
Total Days on Market
10
Views
139
Current Estimated Value
$8,765,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,734,085
Avg. Annual Appreciation
-24.54%

Purchase Details

Listed on
Mar 26, 2019
Closed on
Oct 5, 2020
Sold by
Eriksen Lynne
Bought by
2291 Ibis Isle Llc
Seller's Agent
Pamela Seals
Illustrated Properties LLC (Co
Buyer's Agent
Ashley Copeland
Brown Harris Stevens of PB
List Price
$2,400,000
Sold Price
$1,450,000
Premium/Discount to List
-$950,000
-39.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
89.14%
Original Mortgage
$1,015,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 15, 2013
Closed on
Sep 16, 2013
Sold by
2291 Ibis Isle Road East Acquisitions En
Bought by
Erikse Lynne
Seller's Agent
Tarek Kirschen
MMLS Assoc.-Inactive Member
List Price
$1,295,000
Sold Price
$1,000,000
Premium/Discount to List
-$295,000
-22.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%

Purchase Details

Listed on
Jun 10, 2013
Closed on
May 10, 2013
Sold by
Johnson Wayne
Bought by
2291 Ibis Isle Road East Acquisition Ent
Seller's Agent
Douglas Rill
Century 21 America's Choice
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$880,000
Sold Price
$880,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.34%

Purchase Details

Listed on
Oct 11, 2012
Closed on
Dec 28, 2012
Sold by
Mayer Freidel R
Bought by
2291 Ibis Isle Road East Llc
Seller's Agent
Douglas Rill
Century 21 America's Choice/WPB
Buyer's Agent
George Gamble
Century 21 America's Choice/WPB
List Price
$850,000
Sold Price
$700,000
Premium/Discount to List
-$150,000
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.08%
Original Mortgage
$795,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2006
Sold by
Mayer Friedel
Bought by
Mayer Friedel
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $12,500,000 None Listed On Document
Warranty Deed $1,450,000 Homepartners Title Svcs Llc
Warranty Deed $1,000,000 Universal Land Title Llc
Warranty Deed $799,000 Attorney
Warranty Deed $700,000 Standard Title Insurance Age
Warranty Deed $799,000 Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $8,000,000 New Conventional
Previous Owner $760,000 Credit Line Revolving
Previous Owner $4,537,500 Commercial
Previous Owner $1,015,000 Commercial
Previous Owner $795,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2024 02/26/24 Sold $12,500,000 -10.0% $2,877 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
10/24/2023 10/24/23 For Sale $13,895,000 +858.3% $3,198 / Sq Ft
10/09/2020 10/09/20 Sold $1,450,000 -39.6% $688 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
03/26/2019 03/26/19 For Sale $2,400,000 +140.0% $1,139 / Sq Ft
09/16/2013 09/16/13 Sold $1,000,000 -22.8% $400 / Sq Ft
08/26/2013 08/26/13 Pending -- -- --
08/15/2013 08/15/13 For Sale $1,295,000 +47.2% $519 / Sq Ft
06/20/2013 06/20/13 Sold $880,000 0.0% $418 / Sq Ft
06/10/2013 06/10/13 For Sale $880,000 +25.7% $418 / Sq Ft
12/28/2012 12/28/12 Sold $700,000 -17.6% $332 / Sq Ft
11/28/2012 11/28/12 Pending -- -- --
10/11/2012 10/11/12 For Sale $850,000 -- $403 / 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 $142,537 $8,476,011 -- --
2023 $35,467 $1,687,950 $0 $0
2022 $33,127 $1,534,500 $0 $0
2021 $24,212 $1,434,834 $1,395,000 $39,834
2020 $27,336 $1,922,027 $1,725,000 $197,027
2019 $26,222 $1,855,387 $1,725,000 $130,387
2018 $22,543 $1,620,141 $1,463,616 $156,525
2017 $18,602 $1,116,292 $1,108,800 $7,492
2016 $16,795 $932,361 $0 $0
2015 $15,355 $847,601 $0 $0
2014 $15,539 $846,713 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 13-1334

APN: 50-43-44-15-01-000-0390