NOT LISTED FOR SALE

Shipwatch 7600 Palmetto Dr Unit 425 Isle of Palms, SC 29451

Estimated Value: $1,633,000 - $1,772,000

3 Beds
3 Baths
1,616 Sq Ft
$1,055/Sq Ft Est. Value

Last Sold April 11, 2022

Last sale price $1,400,000 $866 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $10,923/month

4 Days on Market

Highlights

  • Beach Front
  • Marina
  • In Ground Pool
  • Sullivans Island Elementary School Rated A
  • Fitness Center
  • Gated Community

About This Home

As of April 2022

This two story, corner penthouse with three separate decks and spectacular views of the Atlantic Ocean will take your breath away! Fully renovated in 2011, it is a perfect second home, permanent residence or turn-key rental property with granite countertops, tiled floors, smooth ceilings, storm-rated windows and doors and much, much more. The Shipwatch pool is one of the best in the Resort and the grounds are plentiful with live oaks, playground, cupped lighting, and a raised beach gazebo for sipping wine and chatting with neighbors. The property management office is onsite and provides great assistance and attention to detail. Come take a peek--you won't be disappointed!

Last Agent to Sell the Property

Ann Cortes

Carolina One Real Estate License #42581 Listed on: 02/01/2022

Carolina One Real Estate

Last Buyer's Agent

Neil Schneider

Brand Name Real Estate License #49641

Brand Name Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,170

Year Built

  • Built in 1984

Lot Details

  • Beach Front

HOA Fees

  • $69 Monthly HOA Fees

Home Design

  • Raised Foundation
  • Metal Roof

Interior Spaces

  • 1,616 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Window Treatments
  • Ceramic Tile Flooring
  • Storm Windows
  • Dishwasher
  • Stacked Washer and Dryer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Deck

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

Overview

  • Club Membership Available
  • High-Rise Condominium
  • Wild Dunes Subdivision

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Marina
  • Golf Course Membership Available
  • Fitness Center
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,170

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: Fee Simple
  • Subdivision Name: Wild Dunes
  • Directions: Palmetto Drive To Shipwatch And Turn Right Into Second Entrance To Building D.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Condo Regime, High Rise
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer/Dryer Stacked
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Ground Level
  • Fireplace: No
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceiling - Smooth, Elevator, Ceiling Fan(s)
  • Window Features: Storm Window(s), Window Treatments
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Metal
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: Beach Front
  • Waterfront: Yes
  • Foundation Details: Raised
  • Patio And Porch Features: Deck
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Other (Use Remarks)

Utilities

  • Cooling: Central Air
  • 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: Clubhouse, Club Membership Available, Elevators, Fitness Center, Gated, Golf Membership Available, Marina, 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: Moultrie

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2022
Closed on
Apr 6, 2022
Sold by
Ramaker Family Condo Llc
Bought by
Fiala Charles J and Fiala Evalyne C
Seller's Agent
Ann Cortes
Carolina One Real Estate
Buyer's Agent
Neil Schneider
Brand Name Real Estate
List Price
$1,375,000
Sold Price
$1,400,000
Premium/Discount to List
$25,000
1.82%
Current Estimated Value
$1,705,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,397
Avg. Annual Appreciation
5.60%

Purchase Details

Closed on
Jul 27, 2017
Sold by
Ramaker David B and Ramaker Catherine F
Bought by
Ramaker Family Condo Llc

Purchase Details

Closed on
Jul 27, 2011
Sold by
Dixon Frederick T and Dixon Martha F
Bought by
Ramaker David B and Ramaker Catherine F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Fiala Charles J $1,400,000 None Listed On Document
Ramaker Family Condo Llc -- None Available
Ramaker David B $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramaker David B $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2022 04/11/22 Sold $1,400,000 +1.8% $866 / Sq Ft
02/06/2022 02/06/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $1,375,000 -- $851 / 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 $22,170 $87,000 $0 $0
2023 $20,038 $84,000 $0 $0
2022 $7,442 $33,810 $0 $0
2021 $7,359 $33,810 $0 $0
2020 $7,260 $33,810 $0 $0
2019 $6,664 $29,400 $0 $0
2017 $6,361 $29,400 $0 $0
2016 $6,109 $29,400 $0 $0
2015 $5,815 $29,400 $0 $0
2014 $7,484 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ann Cortes

    Seller's Agent in 2022

    Ann Cortes

    Carolina One Real Estate

    (843) 886-8110

    23 in this area

    35 Total Sales

    Ann Cortes
    Section Image

  • N

    Buyer's Agent in 2022

    Neil Schneider

    Brand Name Real Estate

    (843) 200-8902

    10 in this area

    32 Total Sales

    Neil Schneider
    Section Image
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About Shipwatch

Map

Source: CHS Regional MLS

MLS Number: 22002434

CHS Regional MLS

APN: 604-12-00-354

South Carolina Charleston County Isle Of Palms 29451

7600 Palmetto Dr Unit 425, Isle Of Palms, SC

Not Listed for Sale

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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

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