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$549,000

Beds
1
Baths
1.0
sq ft
Unknown

1407 Shipwatch Rd, Johns Island, SC 29455

1407 Shipwatch Rd

Kiawah Island, SC 29455

  • 5 days on market
This beautifully renovated one-bedroom, one-bathroom luxury villa is located in the highly desirable West Beach Villas. With a fabulous rental history, this villa is currently generating over 40K in annual rental income. Just a two-minute walk to the beach and the property owners' pool, this first-floor end unit offers easy access with minimal steps-- ideal when carrying in beach chairs, groceries, or luggage. The villa is also adjacent to the West Beach conference center, just a short bike ride to Freshfields Village, and provides quick access on and off the island.The open-concept living area features beautiful hardwood flooring, a newly added queen sized sleeper sofa , and additional lounge seating, all positioned to enjoy serene lagoon views. The dining area, withseating for four overlooks Kiawah's natural habitat enhancing the villa's bright and airy ambiance. Another bonus feature is being an end unit that has additional windows and offers more square footage and additional sunlight. The fully equipped kitchen boasts stainless steel appliances and everything needed for a comfortable stay. The spacious bedroom includes a king-size bed, coastal furnishings and a walk-in closet. The attached bathroom was recently remodeled and features sliding glass barn doors. Throughout the villa, hardwood flooring enhances the coastal aesthetic. A highlight of this property is the screened-in porch, where large sliding doors allow natural light to flood the space. Here, you'll find a table with two chairs and two Adirondack chairsthe perfect spot to relax, take in the peaceful lagoon views! At closing. Buyer is to pay .5 of 1% of the sales price as a one time fee.

Details

Property type

Condominium

Est. home value

$458,636

Lot size

Unknown

Price per sq ft

Unknown

Year built

1979

Monthly HOA fee

$254.75

Price History

03/08/2025
CTAR

CTAR #25006195

Listed
$549,000
+20.66%
08/11/2023
CTAR

CTAR #23002471

Sold
$455,000

Schools & Community

Elementary school: 

Mt. Zion

Middle school: 

Haut Gap

High school: 

St. Johns

Community features: 

Clubhouse, Fitness Center, Gated, Park, Pool, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$169,771
Asking price
$549,000
Closing costs (~8% of asking)
-$43,920
Est. remaining loan balance
-$335,309
Cash to seller
$169,771

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

August 2023

Original loan amount

$341,250

Est. remaining balance

$335,309

Interest rate

6.69%

Loan type

New Conventional, 30 year

Seller

Gregory Schrader and Jennifer Schrader

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/14/2025 at 2:30 AM

Listing updated: 03/10/2025 at 11:20 AM

Listed by: Kathleen Dewitt, Akers Ellis Real Estate LLC Phone #: (843) 768-9844

MLS: CTAR #25006195

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