NOT LISTED FOR SALE

7600 Palmetto Dr Unit 120-D Isle of Palms, SC 29451

Estimated Value: $1,110,000 - $1,295,000

3 Beds
3 Baths
1,322 Sq Ft
$919/Sq Ft Est. Value

Last Sold September 25, 2018

Last sale price $50,000 $38 Per Sq Ft

Est. 2,329% increase in value since last sale

Current estimated payment $7,357/month

122 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Clubhouse
  • Sullivans Island Elementary School Rated A
  • Gated Community
  • Deck

About This Home

As of September 2018

Want to own a piece of coastal heaven? This is your chance and what a deal! Ownership entitles you as a partner to use of this villa 4 weeks per year...1 week every season. Splitting the cost of annual expenses with other partners makes it extremely affordable for everyone. Currently each of the 13 Fractional Share Partners pays $200/month to cover everything...HOA, Regime fees, insurances, utilities, housecleaning, repairs, reserve, plus other misc fees. The villa sleeps 8+ with 3 bedrooms plus a hide-a-bed sofa. Boardwalks meander down short paths to the private community pool, children's playground, and expansive, sandy beach and ocean. Elevators and roll carts take away the stress and strain of unloading and loading all your vacation gear and groceries. Outdoor showers come in handEnjoy lounging in the sun? There are lots of places in and around Shipwatch to hang out and put your feet up. This villa has been updated continually over the years and kept in top notch condition. Many of the partners have owned their share for over 30 years. That speaks volumes about how much they enjoy having a place of their own on Isle of Palms as well as how well run and compatible this partnership is. All four buildings in Shipwatch were updated in the past couple of years with new roofs, railings and windows. Building exteriors were repainted and elevators were replaced as well. Ample covered and open parking space is an obvious benefit at Shipwatch which is located inside Wild Dunes on Isle of Palms. The gated community of Wild Dunes offers a variety of optional recreational activities such as golf and tennis. Restaurants, delis, bars, ice cream shops, bike and beach chair rental services are just some of the added attractions in Wild Dunes besides their beautiful beaches on the Atlantic Ocean. Fishing and boating cruises are offered nearby at Isle of Palms Marina on Morgan Creek. Purchase your share of this partnership and close by July 3 and you can enjoy your first stay July 8 thru July 15.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • Beach Front
  • Irrigation

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Fractional Ownership
  • Raised Foundation
  • Fiberglass Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,322 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Utility Room
  • Ceramic Tile Flooring
  • Exterior Basement Entry

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • Carport
  • Off-Street Parking

Accessible Home Design

  • Adaptable For Elevator

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

Overview

  • Front Yard Maintenance
  • Club Membership Available
  • Shipwatch Villa Subdivision

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Golf Course Membership Available
  • Tennis Courts
  • Community Pool
  • Park
  • Trails

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Prop. Type: Residential
  • Year Built: 1984
  • Property Sub Type: Fractional Ownership
  • Ownership: Condominium
  • Subdivision Name: Shipwatch Villa
  • Directions: Enter Wild Dunes, Bear Right. Take Second Shipwatch Entrance To Building D.
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Multi-Story
  • New Construction: No
  • Building Stories: 4
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 4

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Ceramic Tile
  • Interior Amenities: Kitchen Island, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Living/Dining Combo, Pantry, Utility
  • Window Features: Thermal Windows/Doors, Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Multiple Closets, Outside Access

Exterior Features

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

Garage/Parking

  • Carport Spaces: 5
  • Covered Parking Spaces: 5
  • Open Parking: No
  • Parking Features: 5 Car Carport, Off Street, Other (Use Remarks)
  • Total Parking Spaces: 5

Utilities

  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: IOP W/S Comm, SCE & G
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Club Membership Available, Elevators, Gated, Golf Membership Available, Lawn Maint Incl, Park, Pool, Security, Tennis Court(s), Trash, Walk/Jog Trails
  • Association Fee: 200
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 6041200337
  • Tax Annual Amount: 6931.87

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2000
Sold by
Maddox Helen Maude
Bought by
Maddox Helen Maude
Current Estimated Value
$1,214,381
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
Maddox Helen Maude -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2018 09/25/18 Sold $50,000 0.0% $38 / Sq Ft
08/26/2018 08/26/18 Pending -- -- --
04/21/2018 04/21/18 For Sale $50,000 -- $38 / 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 $8,631 $36,920 $0 $0
2023 $8,631 $36,920 $0 $0
2022 $8,111 $36,920 $0 $0
2021 $8,020 $36,920 $0 $0
2020 $7,912 $36,920 $0 $0
2019 $7,261 $32,100 $0 $0
2017 $6,932 $32,100 $0 $0
2016 $6,657 $32,100 $0 $0
2015 $6,337 $32,100 $0 $0
2014 $8,550 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Map

Source: CHS Regional MLS

MLS Number: 18011258

CHS Regional MLS

APN: 604-12-00-337