$1,000,000
SOLD SEP 16, 2013

2291 Ibis Isle Rd E Palm Beach, FL 33480

3 Beds
2 Baths
2,497 Sq Ft
0.27 Acres

Recently Sold

$400 Per Sq Ft

23% Below List Price

10 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • In Ground Pool
  • Palm Beach Public School Rated A-
  • Boat Lift
  • Home fronts a canal

About This Home

As of February 2024

House sold AS-IS with plans to convert to 4BR 4.5Bath with 3,300 SQFT under A/C

Last Listed By

Tarek Kirschen

MMLS Assoc.-Inactive Member License #3089844 Listed on: 08/15/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,869

Year Built

  • Built in 1968

Lot Details

  • Home fronts a canal
  • West Facing Home
  • Property is zoned RB

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Open Parking

Property Views

  • Ocean
  • Canal

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,497 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Boat Lift

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • Ibis Isle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434415010000390

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,869

Year Built

Built in 1968

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1968
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: IBIS ISLE
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Water Heater
  • Interior Amenities: First Floor Entry, Family Room
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 2497
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Family Room

Exterior Features

  • Roof: Barrel Roof
  • View: Canal, Ocean
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: IBIS ISLE
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Additional Amenities
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 50434415010000390
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 7869

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: MIAMI REALTORS® MLS

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: MIAMI REALTORS® MLS

MLS Number: A1828927

MIAMI REALTORS® MLS

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