NOT LISTED FOR SALE

Shipwatch 7600 Palmetto Dr Unit 104-A Isle of Palms, SC 29451

Estimated Value: $943,642 - $1,064,000

2 Beds
2 Baths
1,084 Sq Ft
$918/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $545,000 $503 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,963/month

121 Days on Market

Highlights

  • Beach Front
  • Marina
  • Golf Course Community
  • Sullivans Island Elementary School Rated A
  • Boat Dock
  • In Ground Pool

About This Home

As of July 2020

Welcome to 104-A Shipwatch inside of Wild Dunes Resort. This beautiful fully renovated 2 bed/2 bath condo resides in the oceanfront ''A'' building of Shipwatch. Enjoy the views and sounds from your private oceanfront balcony that's just steps away from the beach and pool. Owners enjoy covered parking underneath with elevator access to each floor, on site regime manager and one of the best condo development pools in Wild Dunes Resort! Property is sold fully furnished and turn-key ready with a strong rental history. Gross Rental Revenue: $58,648.77 (2017) $55,082.99 (2018) $55,486.74 (2019).

Last Agent to Sell the Property

Judd Borders

Dunes Properties of Chas Inc License #72482 Listed on: 02/07/2020

Last Buyer's Agent

Judd Borders

Dunes Properties of Chas Inc License #72482 Listed on: 02/07/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,028

Year Built

  • Built in 1984

Lot Details

  • 9.03

HOA Fees

  • $69 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Raised Foundation
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,084 Sq Ft Home
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Exterior Basement Entry

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • Handicap Accessible
  • Beach Front

Community Details

Overview

  • Front Yard Maintenance
  • Club Membership Available
  • Shipwatch Villa Subdivision
  • 5-Story Property

Amenities

  • Clubhouse
  • Community Storage Space
  • Elevator

Recreation

  • Boat Dock
  • Marina
  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Community Pool
  • Trails

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,028

Year Built

Built in 1984

Lot Details

0

HOA Fees

$69 per month

Listing Details

  • Prop. Type: Residential
  • Year Built: 1984
  • Property Sub Type: Single Family Attached
  • Ownership: Condominium
  • Subdivision Name: Shipwatch Villa
  • Directions: Enter The Main Gate At Wild Dunes Resort And Stay To The Right On Palmetto Drive. Shipwatch Villas Will Be On Your Right After The Property Owners Beach House.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Multi-Story
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 5
  • Structure Type: Condo Regime, Condominium
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 5

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Accessibility Features: Handicapped Equipped
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Ceiling - Blown, Elevator, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Living/Dining Combo
  • Window Features: Storm Window(s)
  • Master Bedroom Features: Ceiling Fan(s), Outside Access

Exterior Features

  • Roof: Metal
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: Beach Access, Beach Front
  • Waterfront: Yes
  • Construction Type: Stucco
  • Foundation Details: Raised
  • Patio And Porch Features: Covered
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Detached, Off Street

Utilities

  • Laundry Features: Dryer Connection
  • 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: Clubhouse, Club Membership Available, Dock Facilities, Elevators, Gated, Golf Course, Golf Membership Available, Lawn Maint Incl, Marina, Pool, Security, Storage, Tennis Court(s), Trash, Walk/Jog Trails
  • Association Fee: 824
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 6041200257
  • Tax Annual Amount: 6028.39

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2020
Closed on
Jul 9, 2020
Sold by
Hughes Frederick and Hughes Celia C
Bought by
Bryant David Lee and Bryant Resa Lee
Seller's Agent
Judd Borders
Dunes Properties of Chas Inc
Buyer's Agent
Judd Borders
Dunes Properties of Chas Inc
List Price
$545,000
Sold Price
$545,000
Current Estimated Value
$995,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,161
Avg. Annual Appreciation
12.11%
Original Mortgage
$463,250
Outstanding Balance
$412,606
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$576,230

Purchase Details

Closed on
Jun 11, 2004
Sold by
Kurad Martha Trotter
Bought by
Hughes Frederick and Hughes Celia C

Purchase Details

Closed on
Dec 4, 2000
Sold by
Kurad J Ward
Bought by
Kurad Martha Trotter

Purchase Details

Closed on
Mar 30, 2000
Sold by
Bird Family Ltd Partnership
Bought by
Kurad J Ward
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Bryant David Lee $545,000 None Available
Hughes Frederick $649,000 --
Kurad Martha Trotter -- --
Kurad J Ward $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bryant David Lee $463,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $545,000 0.0% $503 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $545,000 -- $503 / 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
2024 $7,670 $32,700 $0 $0
2023 $7,670 $32,700 $0 $0
2022 $7,204 $32,700 $0 $0
2021 $7,123 $32,700 $0 $0
2020 $6,566 $30,500 $0 $0
2019 $6,028 $26,520 $0 $0
2017 $5,752 $26,520 $0 $0
2016 $5,525 $26,520 $0 $0
2015 $5,259 $26,520 $0 $0
2014 $7,091 $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: 20003628

CHS Regional MLS

APN: 604-12-00-257