$425,000
SOLD MAY 5, 2023

5802 Palmetto Dr Unit B-414 Isle of Palms, SC 29451

1 Bed
1 Bath
449 Sq Ft
2.32 Acres

Recently Sold

$947 Per Sq Ft

5% Below List Price

5 Days on Market

Highlights

  • Beach Access
  • Golf Course Community
  • Gated Community
  • Sullivans Island Elementary School Rated A
  • Fitness Center
  • High Ceiling

About This Home

As of April 2024

Welcome to B414 in the Residences at Sweetgrass. Centrally located in Wild Dunes Resort, you are but a few steps away from the beach, pool, shopping and restaurants. This luxury villa is located on the 4th floor in the ''B'' building with exceptional views of the resort and plaza. With its location and views, this villa is a workhorse in the rental program. Last year it grossed $54,419.22 in rental revenue. Sold fully furnished and turnkey ready for future rentals. Don't miss out on this great opportunity.

Last Agent to Sell the Property

Judd Borders

Dunes Properties of Chas Inc License #72482 Listed on: 04/25/2023

Last Buyer's Agent

Luis Bordon

ChuckTown Homes Powered by Keller Williams License #91147

ChuckTown Homes Powered by Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,545

Year Built

  • Built in 2007

HOA Fees

  • $72 Monthly HOA Fees

Home Design

  • Raised Foundation
  • Metal Roof
  • Cement Siding

Interior Spaces

  • 449 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceramic Tile Flooring
  • Dishwasher
  • Stacked Washer and Dryer

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

  • Storm Windows
  • Storm Doors
  • Fire Sprinkler System

Outdoor Features

  • Beach Access
  • Balcony

Schools

  • Sullivans Island Elementary School
  • Moultrie Middle School
  • Wando High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

Overview

  • Club Membership Available
  • High-Rise Condominium
  • Wild Dunes Subdivision

Recreation

  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Trails

Additional Features

  • Elevator
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,545

Year Built

Built in 2007

Lot Details

0

HOA Fees

$72 per month

Listing Details

  • Prop. Type: Residential
  • Year Built: 2007
  • Property Sub Type: Single Family Attached
  • Subdivision Name: Wild Dunes
  • Directions: Go Through The Wild Dunes Main Entry Gate. Follow Palmetto Blvd. For Approximately 3/4th Of A Mile. The Residences At Sweetgrass Villas Are On Your Right. Building B.
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Condo Regime, Condominium, High Rise
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer/Dryer Stacked
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceiling - Smooth, High Ceilings
  • Window Features: Storm Window(s)

Exterior Features

  • Roof: Metal
  • Waterfront Features: Beach Access
  • Construction Type: Cement Plank
  • Exterior Features: Balcony
  • Foundation Details: Raised
  • Other Structures: None
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No

Utilities

  • Cooling: Central Air
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Dominion Energy, IOP W/S Comm
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Elevators, Fitness Center, Gated, Golf Course, Golf Membership Available, Pool, Tennis Court(s), Trash, Walk/Jog Trails
  • Association Fee: 865
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Sullivans Island
  • High School: Wando
  • Middle Or Junior School: Moultrie

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 6041000564
  • Tax Annual Amount: 2545

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
May 3, 2023
Sold by
Zeus Capital Investments Llc
Bought by
Pajasa Llc
Seller's Agent
Judd Borders
Dunes Properties of Chas Inc
Buyer's Agent
Luis Bordon
ChuckTown Homes Powered by Keller Williams
List Price
$449,000
Sold Price
$425,000
Premium/Discount to List
-$24,000
-5.35%
Views
23
Current Estimated Value
$475,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,584
Avg. Annual Appreciation
5.73%

Purchase Details

Closed on
Feb 20, 2013
Sold by
Community First Bank Inc
Bought by
Bailes Neal T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 31, 2011
Sold by
Ramsey Nanette
Bought by
Community First Bank Inc

Purchase Details

Closed on
Mar 25, 2008
Sold by
Wdr Phase One Llc
Bought by
Ramsey Nanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Deed $425,000 None Listed On Document
Special Warranty Deed $160,000 --
Foreclosure Deed $150,000 --
Deed $499,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $210,000 New Conventional
Previous Owner $128,000 Adjustable Rate Mortgage/ARM
Previous Owner $350,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2024 04/18/24 Sold $465,000 0.0% $1,036 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $465,000 +9.4% $1,036 / Sq Ft
05/05/2023 05/05/23 Sold $425,000 -5.3% $947 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $449,000 -- $1,000 / Sq Ft
Source: CHS Regional 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
2023 $6,440 $11,040 $0 $0
2022 $2,545 $11,040 $0 $0
2021 $2,518 $11,040 $0 $0
2020 $2,486 $11,040 $0 $0
2019 $2,291 $9,600 $0 $0
2017 $2,176 $9,600 $0 $0
2016 $2,094 $9,600 $0 $0
2015 $1,990 $9,600 $0 $0
2014 $1,930 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 23009077

CHS Regional MLS

APN: 604-10-00-564