5802 Palmetto Dr Unit B-501 Isle of Palms, SC 29451
3
Beds
3
Baths
1,615
Sq Ft
2007
Built
Highlights
- Marina
- Boat Ramp
- Fitness Center
- Sullivans Island Elementary School Rated A
- Golf Course Community
- Gated Community
About This Home
As of May 2025ONLY 3 bedroom true OCEAN VIEW unit in the exclusive Residences at Sweetgrass inside the gates of the premier resort Wild Dunes. This is an incredible opportunity to own a turn-key hotel style accommodation with outstanding rental income. This beautiful three bed and three bath unit was celebrated as the very first selection during the building's initial offering in 2007. Two king bedrooms with lock off two queen bed third bedroom offer maximum rental potential. Step out onto your balcony and take in the panoramic ocean and resort views. You can see all the way to Sullivan's Island Lighthouse! Take in all Wild Dunes Resort has to offer including golf, tennis/pickleball, pools, spa, dining and much, much more. You are just 25 minutes to the beautiful historic city of Charleston.
Last Agent to Sell the Property
Wild Dunes Real Estate, LLC License #123841 Listed on: 04/17/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,241
Year Built
- Built in 2007
HOA Fees
- $78 Monthly HOA Fees
Parking
- Off-Street Parking
Home Design
- Raised Foundation
- Metal Roof
Interior Spaces
- 1,615 Sq Ft Home
- Smooth Ceilings
- Ceiling Fan
- Window Treatments
- Combination Dining and Living Room
- Fire Sprinkler System
- Stacked Washer and Dryer
Kitchen
- Built-In Electric Oven
- Electric Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Schools
- Sullivans Island Elementary School
- Moultrie Middle School
- Wando High School
Utilities
- Central Air
- Heat Pump System
Community Details
Overview
- Front Yard Maintenance
- Club Membership Available
- Wild Dunes Resort Subdivision
- 5-Story Property
Amenities
- Clubhouse
- Elevator
Recreation
- Boat Ramp
- Boat Dock
- Marina
- Golf Course Community
- Golf Course Membership Available
- Tennis Courts
- Fitness Center
- Community Pool
- Community Spa
- Trails
Security
- Security Service
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 17, 2025
Closed on
May 28, 2025
Sold by
Shores Nathan J and Shores Anne M
Bought by
Ratliff Donald R and Ratliff Mary Elizabeth
Seller's Agent
Amanda Dunn
Wild Dunes Real Estate, LLC
Buyer's Agent
Rob Hauff
Wild Dunes Real Estate, LLC
List Price
$1,549,000
Sold Price
$1,480,000
Premium/Discount to List
-$69,000
-4.45%
Views
4
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-58.65%
Purchase Details
Listed on
Jul 10, 2022
Closed on
Sep 1, 2022
Sold by
B501 Village At Wild Dunes Llc
Bought by
Shores Nathan J and Shores Anne M
Seller's Agent
Betty Gales
EXP Realty LLC
List Price
$1,200,000
Sold Price
$1,075,000
Premium/Discount to List
-$125,000
-10.42%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.38%
Original Mortgage
$575,000
Interest Rate
5.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 23, 2008
Sold by
Wdr Phase One Llc
Bought by
B501 Village At Wild Dunes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,720
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Isle of Palms, SC
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 |
|---|---|---|---|
| Deed | $1,480,000 | None Listed On Document | |
| Deed | $1,480,000 | None Listed On Document | |
| Deed | $1,075,000 | -- | |
| Deed | $1,075,000 | -- | |
| Deed | $1,300,900 | -- | |
| Deed | $1,300,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $575,000 | New Conventional | |
| Previous Owner | $902,000 | Commercial | |
| Previous Owner | $1,040,720 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | Sold | $1,480,000 | -4.5% | $916 / Sq Ft |
| 04/21/2025 04/21/25 | For Sale | $1,549,000 | +44.1% | $959 / Sq Ft |
| 09/03/2022 09/03/22 | Off Market | $1,075,000 | -- | -- |
| 09/02/2022 09/02/22 | Sold | $1,075,000 | -10.4% | $666 / Sq Ft |
| 07/29/2022 07/29/22 | Pending | -- | -- | -- |
| 07/10/2022 07/10/22 | For Sale | $1,200,000 | -- | $743 / Sq Ft |
Source: CHS Regional MLS
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 |
|---|---|---|---|---|
| 2023 | $11,241 | $48,380 | $0 | $0 |
| 2022 | $8,853 | $40,370 | $0 | $0 |
| 2021 | $8,754 | $40,370 | $0 | $0 |
| 2020 | $8,635 | $40,370 | $0 | $0 |
| 2019 | $7,923 | $35,100 | $0 | $0 |
| 2017 | $7,566 | $35,100 | $0 | $0 |
| 2016 | $7,265 | $35,100 | $0 | $0 |
| 2015 | $6,916 | $35,100 | $0 | $0 |
| 2014 | $8,887 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Amanda Dunn
A
Seller's Agent in 2025
Amanda Dunn
Wild Dunes Real Estate, LLC
(704) 604-2353
12 in this area
12 Total Sales
-
Rob Hauff
R
Buyer's Agent in 2025
Rob Hauff
Wild Dunes Real Estate, LLC
(704) 441-5909
10 in this area
10 Total Sales
-
Betty Gales
Seller's Agent in 2022
Betty Gales
EXP Realty LLC
(843) 270-8193
23 in this area
31 Total Sales
Map
Source: CHS Regional MLS
MLS Number: 25010656
APN: 604-10-00-537
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