NOT LISTED FOR SALE

1001 Reserve Ln Saint Simons Island, GA 31522

Estimated Value: $542,000 - $600,000

3 Beds
2.5 Baths
1,772 Sq Ft
$319/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $580,000 $327 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,637/month

19 Days on Market

Highlights

  • Outdoor Pool
  • Lake View
  • Community Lake
  • St. Simons Elementary School Rated A-
  • Waterfront
  • Traditional Architecture

About This Home

As of May 2024

Welcome to 1001 Reserve Lane, a beautiful townhome on the south end of St. Simons Island. This END UNIT with LAKE VIEW that is FULLY FURNISHED and TURN KEY will be an excellent family retreat, investment property, or primary residence. It is currently used as a FLETC rental with history available upon request. Relax and enjoy the lake on your back patio while grilling out, hosting friends, or getting some good solo time. The family can quickly gather and congregate in the kitchen and living areas with an open floor plan. Once upstairs, you have the primary bedroom, where you can relax in the jetted tub after a long day at the beach. Two additional bedrooms, a full bath, and the laundry room are upstairs, and the washer and dryer convey the sale. The garage is a much-added bonus for extra storage, bikes, and beach gear! Schedule a showing with your favorite realtor today!

Last Agent to Sell the Property

Sara Cason

Keller Williams Realty Golden Isles License #410071 Listed on: 03/26/2024

Keller Williams Realty Golden Isles

Last Buyer's Agent

Thomas Cason

Keller Williams Realty Golden Isles License #405030

Keller Williams Realty Golden Isles

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,720

Year Built

  • Built in 2014

Lot Details

  • 2,178 Sq Ft Lot
  • Waterfront
  • 1 Common Wall
  • Landscaped
  • Sprinkler System

HOA Fees

  • $210 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,772 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Lake Views
  • Home Security System

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Private Sewer
  • Cable TV Available

Additional Features

  • Outdoor Pool
  • Property is near schools

Listing and Financial Details

  • Assessor Parcel Number 04-14684

Community Details

Overview

  • Association fees include management, ground maintenance, recreation facilities, reserve fund
  • The Reserve At Demere Townhomes Subdivision
  • Community Lake

Amenities

  • Shops

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,720

Year Built

Built in 2014

Lot Details

0

HOA Fees

$210 per month

Parking

1

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.05
  • Lot Size: ,,,
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Inclusions: Dryer,Refrigerator,Washer
  • Subdivision Name: The Reserve at Demere Townhomes (Fee Simple)
  • Directions: Once crossing the causeway, you will turn left towards Demere Road. At that light, turn RIGHT onto Demere Rd. The Reserve at Demere will be on your right just after the 1st traffic light. If you're coming from Frederica round a bout, go West on Demere and the Reserve will be on your left after Ace Garden Center
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • Year Built: 2014
  • Property Sub Type Additional: Townhouse
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Cable TV
  • Living Area: 1772.0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: Landscaped
  • Pool Features: Above Ground, Pool, Association
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: Brick, Stucco
  • Exterior Features: Gas Grill, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Slab
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Driveway, Garage Door Opener, Guest, Off Street, Paved
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Upper Level
  • Security: Security System
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Cable Available, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake, Shopping, Street Lights, Walk to School
  • Amenities: Pool, Pets Allowed
  • Association Fee: 210.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Recreation Facilities, Reserve Fund

Lot Info

  • Parcel #: 04-14684
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4720.48
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2024
Closed on
May 14, 2024
Sold by
Shenderovich Oleg A
Bought by
Berger Ginger and Berger Michael S
Seller's Agent
Sara Cason
Keller Williams Realty Golden Isles
Buyer's Agent
Thomas Cason
Keller Williams Realty Golden Isles
List Price
$590,000
Sold Price
$580,000
Premium/Discount to List
-$10,000
-1.69%
Views
67
Current Estimated Value
$565,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,246
Avg. Annual Appreciation
1.37%
Original Mortgage
$464,000
Outstanding Balance
$459,775
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$131,043

Purchase Details

Listed on
Nov 30, 2021
Closed on
Jan 3, 2022
Sold by
Salavarria Ilona M
Bought by
Shenderovich Oleg A
Seller's Agent
Philip Fendig
Fendig Realty, Inc.
Buyer's Agent
Ben Fendig
Fendig Realty, Inc.
List Price
$475,000
Sold Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.83%
Original Mortgage
$356,250
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 9, 2020
Closed on
Jul 24, 2020
Sold by
Moore Elizabeth Wilson
Bought by
Salavarria Ilona M
Seller's Agent
Rachel Fitzpatrick
Keller Williams Realty Golden Isles
Buyer's Agent
Ben Fendig
Fendig Realty, Inc.
List Price
$345,000
Sold Price
$330,000
Premium/Discount to List
-$15,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.78%
Original Mortgage
$297,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2019
Sold by
Bostock Mary H
Bought by
Moore Elizabeth Wilson

Purchase Details

Listed on
Jan 29, 2018
Closed on
Mar 16, 2018
Sold by
Wilson Marcia K
Bought by
Bostock Mary H
Seller's Agent
Marcia Wilson
BHHS Hodnett Cooper Real Estate LGV
Buyer's Agent
Kate Danowski
DeLoach Sotheby's International Realty
List Price
$335,000
Sold Price
$325,000
Premium/Discount to List
-$10,000
-2.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%

Purchase Details

Listed on
Oct 17, 2014
Closed on
Mar 26, 2015
Sold by
Palmetto Building Grp Llc
Bought by
Wilson Marcia K
List Price
$234,990
Sold Price
$246,590
Premium/Discount to List
$11,600
4.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.71%
Source: Public Records

Range of Values:

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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
Berger Ginger $580,000 --
Shenderovich Oleg A $475,000 --
Salavarria Ilona M $330,000 --
Moore Elizabeth Wilson -- --
Bostock Mary H $325,000 --
Wilson Marcia K $246,590 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berger Ginger $464,000
Previous Owner Shenderovich Oleg A $356,250
Previous Owner Salavarria Ilona M $297,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Sold $580,000 -1.7% $327 / Sq Ft
04/15/2024 04/15/24 Pending -- -- --
04/06/2024 04/06/24 For Sale $590,000 0.0% $333 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/26/2024 03/26/24 For Sale $590,000 +24.2% $333 / Sq Ft
01/03/2022 01/03/22 Sold $475,000 0.0% $268 / Sq Ft
12/04/2021 12/04/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $475,000 +43.9% $268 / Sq Ft
07/25/2020 07/25/20 Sold $330,000 -4.3% $186 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $345,000 +6.2% $195 / Sq Ft
03/16/2018 03/16/18 Sold $325,000 -3.0% $183 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
01/29/2018 01/29/18 For Sale $335,000 +35.9% $189 / Sq Ft
03/26/2015 03/26/15 Sold $246,590 +4.9% $138 / Sq Ft
12/09/2014 12/09/14 Pending -- -- --
10/17/2014 10/17/14 For Sale $234,990 -- $132 / Sq Ft
Source: Golden Isles Association of REALTORS®

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 $5,140 $204,960 $36,000 $168,960
2023 $4,628 $183,240 $36,000 $147,240
2022 $3,681 $141,800 $24,000 $117,800
2021 $3,420 $127,400 $18,000 $109,400
2020 $3,451 $127,400 $18,000 $109,400
2019 $3,451 $127,400 $18,000 $109,400
2018 $2,974 $113,920 $18,000 $95,920
2017 $2,569 $105,720 $18,000 $87,720
2016 $2,382 $98,640 $18,000 $80,640
2015 -- $69,120 $18,000 $51,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1645550

Golden Isles Association of REALTORS®

APN: 04-14684