NOT LISTED FOR SALE

Shipwatch 7600 Palmetto Dr Unit 408 Isle of Palms, SC 29451

Estimated Value: $1,363,000 - $1,672,000

3 Beds
3 Baths
1,616 Sq Ft
$945/Sq Ft Est. Value

Last Sold April 22, 2024

Last sale price $1,700,000 $1,052 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $8,957/month

41 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Wood Flooring
  • Sullivans Island Elementary School Rated A
  • Gated Community
  • Tennis Courts

About This Home

As of April 2024

Oceanfront, penthouse end-unit with incredible ocean views in the very conveniently located Shipwatch Community of Wild Dunes that has been completely renovated from the kitchen, to all 3 en-suite bathrooms, as well as the staircase just to name a few of the updated items! Shipwatch has long been one of the island's favorite vacation spots within Wild Dunes with its manicured grounds and large oceanfront pool, and it is also very close to all the great amenities Wild Dunes has to offer including golf, tennis, shopping, and restaurants. This unit is very private and is only one of a handful end-units that has side windows making it very open compared to other Shipwatch units. All carpet has been replaced with wood or tile flooring for easy beach living, and it also unique in the sense that it has two levels of full width decks that have views for miles and miles from the main living area as well as the master suite! Come see this one before it's gone, and it will blow you away!

Last Agent to Sell the Property

Ashley Haynes

East Islands Real Estate License #13214 Listed on: 02/12/2024

Last Buyer's Agent

Karla Leahy

Engel & Volkers Charleston License #51661

Engel & Volkers Charleston

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,360

Year Built

  • Built in 1984

Lot Details

  • Beach Front

Home Design

  • Raised Foundation

Interior Spaces

  • 1,616 Sq Ft Home
  • 2-Story Property
  • Exterior Basement Entry
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

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

Utilities

  • No Cooling
  • No Heating

Community Details

Overview

  • Property has a Home Owners Association
  • Club Membership Available
  • Wild Dunes Subdivision

Recreation

  • Golf Course Membership Available
  • Tennis Courts
  • Community Pool

Additional Features

  • Gated Community
  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,360

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1984
  • Property Sub Type: Single Family Attached
  • Subdivision Name: Wild Dunes
  • Directions: Take Palm Blvd. To The Wild Dunes Gate, Bear Right At Traffic Circle. Stay On Palmetto Dr. Until You Reach Shipwatch On Your Right.
  • Unit Levels: Multi-Story
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Condominium
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Elevator, Kitchen Island
  • Master Bedroom Features: Outside Access
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: Beach Access, Beach Front
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Foundation Details: Raised
  • Other Structures: None
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No
  • Utilities: IOP W/S Comm
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Elevators, Gated, Golf Membership Available, Pool, Tennis Court(s)
  • Association: Yes

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 6041200279

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
Apr 12, 2024
Sold by
Shipwatch 408A Llc
Bought by
Watson Jeffrey L and Watson Laura N
Seller's Agent
Ashley Haynes
East Islands Real Estate
Buyer's Agent
Karla Leahy
Engel & Volkers Charleston
List Price
$1,750,000
Sold Price
$1,700,000
Premium/Discount to List
-$50,000
-2.86%
Views
39
Current Estimated Value
$1,526,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$173,207
Avg. Annual Appreciation
-6.96%
Original Mortgage
$800,000
Outstanding Balance
$786,866
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$739,927

Purchase Details

Closed on
Nov 5, 2013
Sold by
Metts Kathy S
Bought by
Shipwatch 408A Llc

Purchase Details

Closed on
Oct 28, 1999
Sold by
Wilson Charles E and Wilson Marianne R
Bought by
Metts David B and Metts Kathy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Watson Jeffrey L $1,700,000 South Carolina Title
Shipwatch 408A Llc $550,000 --
Metts David B $580,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Jeffrey L $800,000
Previous Owner Metts David B $464,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2024 04/22/24 Sold $1,700,000 -2.9% $1,052 / Sq Ft
02/12/2024 02/12/24 For Sale $1,750,000 -- $1,083 / 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 $10,360 $44,510 $0 $0
2023 $10,360 $44,510 $0 $0
2022 $9,744 $44,510 $0 $0
2021 $9,634 $44,510 $0 $0
2020 $9,503 $44,510 $0 $0
2019 $8,719 $38,700 $0 $0
2017 $8,327 $38,700 $0 $0
2016 $7,387 $35,700 $0 $0
2015 $7,032 $35,700 $0 $0
2014 $6,306 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Ashley Haynes

    East Islands Real Estate

    (843) 886-8114

    20 in this area

    62 Total Sales

    Ashley Haynes
    Section Image

  • K

    Buyer's Agent in 2024

    Karla Leahy

    Engel & Volkers Charleston

    (843) 452-6670

    1 in this area

    140 Total Sales

    Karla Leahy
    Section Image
See All Agents

About Shipwatch

Map

Source: CHS Regional MLS

MLS Number: 24003567

CHS Regional MLS

APN: 604-12-00-279

South Carolina Charleston County Isle Of Palms 29451

7600 Palmetto Dr Unit 408, Isle Of Palms, SC

This home is located at 7600 Palmetto Dr Unit 408, Isle of Palms, SC 29451 since 12 February 2024 and is currently estimated at $1,526,793, approximately $944 per square foot. This property was built in 1984. 7600 Palmetto Dr Unit 408 is a home located in Charleston County with nearby schools including Sullivans Island Elementary School, Moultrie Middle School, and Wando High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

CHS Regional MLS The information is being provided by Charleston Trident MLS. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2025 Charleston Trident MLS. All Rights Reserved

Nearby Homes