NOT LISTED FOR SALE

Shipwatch 7600 Palmetto Dr Unit 406 Isle of Palms, SC 29451

Estimated Value: $1,575,000 - $2,063,252

3 Beds
3 Baths
1,616 Sq Ft
$1,120/Sq Ft Est. Value

Last Sold June 14, 2023

Last sale price $1,795,000 $1,111 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $12,544/month

3 Days on Market

Highlights

  • Beach Front
  • Two Primary Bedrooms
  • Community Pool
  • Sullivans Island Elementary School Rated A
  • Gated Community
  • Tennis Courts

About This Home

As of June 2023

Don't miss this rare opportunity to own an amazing two story direct oceanfront penthouse at Shipwatch! Properties like this do not come for sale often. This immaculate 3 bed/3 bath unit was recently renovated and has fabulous views of the ocean. The main level has a well appointed kitchen with lots of storage and an open living/dining area with an oceanfront balcony, as well as a king bedroom and full bath. Upstairs there are two king bedrooms each with full en suite baths and private balconies- the primary suite balcony overlooks the ocean and the other bedroom balcony overlooks the golf course with amazing sunset views. A laundry area is also located upstairs.This condo is a part of the highly sought after Shipwatch community which has a full time on site manager. Shipwatch also has its own private saltwater pool, baby pool, and playground exclusively for use by its owners and guests. This condo would make a wonderful second home or investment property - 2022 rentals grossed over $164,000. Fully Furnished with a few exceptions located just steps away from the beach, this property is also close to shopping, dining, golfing, and all the best attractions that Isle of Palms has to offer. Don't miss out on this amazing opportunity to own your own slice of paradise!

Last Agent to Sell the Property

Melissa Martin

The Exchange Company, LLC License #40078 Listed on: 05/01/2023

Last Buyer's Agent

Ginger Canaday

Century 21 Expert Advisors License #104181

Century 21 Expert Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,752

Year Built

  • Built in 1984

Lot Details

  • Beach Front
  • Interior Lot

HOA Fees

  • $887 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Raised Foundation
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,616 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony

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
  • High-Rise Condominium
  • Wild Dunes Subdivision

Recreation

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

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,752

Year Built

Built in 1984

Lot Details

0

HOA Fees

$887 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Year Built: 1984
  • Property Sub Type: Single Family Attached
  • Ownership: Condominium
  • Subdivision Name: Wild Dunes
  • Directions: Go Through Wild Dunes Main Gate. Travel Approximate 2 Miles. Shipwatch Is On Your Right. Building A Is The First Building.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Condo Regime, Condominium, High Rise
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceiling - Smooth, Ceiling Fan(s), Entrance Foyer, Living/Dining Combo, Pantry
  • Window Features: Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Dual Masters

Exterior Features

  • Roof: Metal
  • Lot Features: Interior Lot
  • Waterfront Features: Beach Front
  • Waterfront: Yes
  • Construction Type: Stucco
  • Exterior Features: Balcony
  • Foundation Details: Raised
  • Other Structures: None
  • Property Condition: Pre-Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: No
  • Parking Features: 1 Car Garage, Attached, Off Street
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating: 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, Gated, Golf Membership Available, Lawn Maint Incl, Park, Pool, Security, Tennis Court(s), Trash, Walk/Jog Trails
  • Association Fee: 887
  • 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: 6041200277

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2024
Sold by
Spectrum Link Llc and Kjune Vacation Properties Llc
Bought by
Kjune Vacation Properties Llc
Current Estimated Value
$1,809,563

Purchase Details

Listed on
May 1, 2023
Closed on
Jun 12, 2023
Sold by
Crescent Moon Carolina Properties Llc
Bought by
Spectrum Link Llc and Eat For Kjune Vacation Properties Llc
Seller's Agent
Melissa Martin
The Exchange Company, LLC
Buyer's Agent
Ginger Canaday
Century 21 Expert Advisors
List Price
$1,845,000
Sold Price
$1,795,000
Premium/Discount to List
-$50,000
-2.71%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.35%

Purchase Details

Closed on
Sep 29, 2017
Sold by
Bolin Bolin L and Bolin Linda M
Bought by
Crescent Moon Carolina Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$604,850
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2017
Sold by
Bolin Heidi G
Bought by
Bolin Bryan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,500
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2000
Sold by
Booth Douglas A
Bought by
Bolin L Bryant and Bolin Linda M
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
Kjune Vacation Properties Llc -- None Listed On Document
Kjune Vacation Properties Llc -- None Listed On Document
Spectrum Link Llc $1,795,000 None Listed On Document
Crescent Moon Carolina Properties Llc $715,000 None Available
Bolin Bryan M -- Boston National Title Agency
Bolin L Bryant $590,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crescent Moon Carolina Properties Llc $604,850
Previous Owner Bolin Bryan M $118,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2023 06/14/23 Sold $1,795,000 -2.7% $1,111 / Sq Ft
05/01/2023 05/01/23 For Sale $1,845,000 -- $1,142 / 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 $24,752 $107,700 $0 $0
2023 $24,752 $47,160 $0 $0
2022 $10,314 $47,160 $0 $0
2021 $10,197 $47,160 $0 $0
2020 $10,059 $47,160 $0 $0
2019 $9,646 $42,900 $0 $0
2017 $6,894 $31,920 $0 $0
2016 $6,620 $31,920 $0 $0
2015 $6,302 $31,920 $0 $0
2014 $8,662 $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: 23009621

CHS Regional MLS

APN: 604-12-00-277