$1,450,000
SOLD OCT 9, 2020

2291 Ibis Isle Rd E Palm Beach, FL 33480

3 Beds
2.5 Baths
2,107 Sq Ft
0.28 Acres

Recently Sold

$688 Per Sq Ft

40% Below List Price

532 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Private Pool
  • Sun or Florida Room
  • Palm Beach Public School Rated A-
  • Home fronts a lagoon or estuary
  • 2 Car Attached Garage

About This Home

As of February 2024

100' Waterfront Property on the Southern Tip of the Exclusive Enclave of Ibis Isle. Home located on Lagoon with Intracoastal Access with No Fixed Bridges. Build your Dream Home with ARCOM Already Approved Plans and Demolition! Great Lot! Home is Being Sold AS-IS.

Last Agent to Sell the Property

Pamela Seals

Illustrated Properties LLC (Co License #3151297 Listed on: 03/26/2019

Illustrated Properties LLC (Co

Last Buyer's Agent

Ashley Copeland

Brown Harris Stevens of PB License #3079640

Brown Harris Stevens of PB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,543

Year Built

  • Built in 1968

Lot Details

  • 0.28 Acre Lot
  • Home fronts a lagoon or estuary
  • Property fronts an intracoastal waterway
  • Fenced

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Intracoastal
  • Lagoon

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 2,107 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Sun or Florida Room
  • Tile Flooring
  • Security Gate

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Pool

  • Private Pool
  • Screen Enclosure

Outdoor Features

  • No Fixed Bridges
  • Seawall

Utilities

  • Central Heating and Cooling System

Community Details

  • Ibis Isle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434415010000390

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,543

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: A1A South of Southern Blvd. to Ibis Isle. Turn Right into Community. At the Gate Turn Left & House is on the Left at end of the Street.
  • Year Built: 1968
  • Architectural Style: Ranch
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Pantry, Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile
  • Living Area: 2107.0
  • Dining Room Type: Florida Room
  • Stories: 1

Exterior Features

  • Exterior Features: Fence
  • View: Intercoastal, Lagoon
  • Pool Features: Pool, Screen Enclosure
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Access, Lagoon, No Fixed Bridges, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Security: Security Gate
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated, Street Lights, Sidewalks
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434415010000390
  • Lot Size Sq Ft: 12000.0
  • Zoning Description: Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 22543.0

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
532
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: 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 $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

  • Chris Deitz

    Seller's Agent in 2024

    Chris Deitz

    Compass Florida, LLC

    (561) 655-6570

    21 Total Sales

    Chris Deitz
    Section Image

  • M

    Seller Co-Listing Agent in 2024

    Michael Costello

    Compass Florida, LLC

    (561) 803-7779

    51 Total Sales

    Michael Costello
    Section Image
  • Valentina Kraver

    Buyer's Agent in 2024

    Valentina Kraver

    Douglas Elliman

    (561) 655-8600

    23 Total Sales

    Valentina Kraver
    Section Image
  • Pamela Seals

    Seller's Agent in 2020

    Pamela Seals

    Illustrated Properties LLC (Co

    (561) 531-3939

    79 Total Sales

    Pamela Seals
    Section Image

  • A

    Buyer's Agent in 2020

    Ashley Copeland

    Brown Harris Stevens of PB

    (561) 596-5959

    77 Total Sales

    Ashley Copeland
    Section Image
  • Douglas Rill

    Seller's Agent in 2013

    Douglas Rill

    Century 21 America's Choice

    (561) 659-3630

    5 Total Sales

    Douglas Rill
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10516027

BeachesMLS

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

Florida Palm Beach County Palm Beach 33480

2291 Ibis Isle Rd E, Palm Beach, FL

This home is located at 2291 Ibis Isle Rd E, Palm Beach, FL 33480 and is currently priced at $1,450,000, approximately $688 per square foot. This property was built in 1968. 2291 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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