$475,000
SOLD OCT 4, 2013

11828 Old Demere Rd Saint Simons Island, GA 31522

3 Beds
2 Baths
1,714 Sq Ft
0.48 Acres

Recently Sold

$277 Per Sq Ft

20% Below List Price

54 Days on Market

Highlights

  • 0.48 Acre Lot
  • Wood Flooring
  • Porch
  • St. Simons Elementary School Rated A-
  • No HOA
  • Cooling Available

About This Home

As of October 2015

First time ever on market!! Great opportunity to purchase home with 2 adjoining lots nestled under a canopy of majestic oaks on a corner very familiar with local islanders. A quaint 1940's 3BR/2BA cottage w/approx 1714 sf is on Lot #3! Lot #1, situated on the corner of Old Demere & Broadway has a 25x15 brick garage and a 700ft deep artesian well w/new pump. Lot #2 has no structures. All 3 lots are platted individually. Alley runs at rear of each between Broadway and Peachtree. Home sold as-is, in pretty good condition and has month to month tenants. Beautiful oaks, great neighborhood and premium location! Remodel/sell or tear down and build 3 new homes...several options!! One of highest elevations on island...NO FLOOD ZONE! Call agent for more details!

Last Agent to Sell the Property

Kay Power

Keller Williams Realty Golden Isles License #255956 Listed on: 07/05/2013

Keller Williams Realty Golden Isles

Last Buyer's Agent

Roland Daniel

Paradise Realty of Coastal Georgia LLC License #60911

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,746

Year Built

  • Built in 1940

Lot Details

  • 0.48 Acre Lot
  • Property fronts a county road
  • Zoning described as Res Single

Parking

  • Unpaved Parking

Home Design

  • Shingle Roof
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 1,714 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Schools

  • St. Simons Elementary School
  • Glynn Middle School
  • Glynn Academy High School

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Heat Pump System

Community Details

  • No Home Owners Association
  • St Simons Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-02619

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,746

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.48
  • Lot Size: 0,0,0,0
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: St Simons Heights
  • Directions: Demere Rd past airport to flashing light at fire station, turn left. Go to Broadway...property begins at corner of Broadway & Old Demere.
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1940
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Oven, Range, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Pull Down Attic Stairs
  • Living Area: 1714.0
  • Stories: 1

Exterior Features

  • Lot Features: Corner Lot, Subdivision
  • View: Residential
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Porch
  • Foundation Details: Crawlspace
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch
  • Roof: Shingle, Wood

Garage/Parking

  • Parking Features: Unpaved

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Utilities: Sewer Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: St. Simons
  • High School: Glynn Academy
  • Middle Or Junior School: Glynn Middle

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Parcel #: 04-02619
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month

Tax Info

  • Tax Book Number: 62L / 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2015
Closed on
Oct 8, 2015
Sold by
Jimmy Allgood Rental Llc
Bought by
Beauchamp Kenneth L
Seller's Agent
Roland Daniel
Paradise Realty of Coastal Georgia LLC
Buyer's Agent
Keith Dean
BHHS Hodnett Cooper Real Estate
List Price
$489,000
Sold Price
$490,691
Premium/Discount to List
$1,691
0.35%
Current Estimated Value
$1,112,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$622,048
Avg. Annual Appreciation
8.54%
Original Mortgage
$417,000
Outstanding Balance
$328,758
Interest Rate
3.94%
Mortgage Type
VA
Estimated Equity
$783,981

Purchase Details

Listed on
Jul 5, 2013
Closed on
Oct 12, 2013
Sold by
Owens Gail Brewer
Bought by
Jimmy Allgood Rental Llc
Seller's Agent
Kay Power
Keller Williams Realty Golden Isles
Buyer's Agent
Roland Daniel
Paradise Realty of Coastal Georgia LLC
List Price
$595,000
Sold Price
$475,000
Premium/Discount to List
-$120,000
-20.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.63%
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 Type Sale Price Title Company
Warranty Deed $490,691 --
Warranty Deed $475,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $417,000 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2015 10/08/15 Sold $490,691 +0.3% $245 / Sq Ft View Prior Sale
09/08/2015 09/08/15 Pending -- -- --
06/13/2015 06/13/15 For Sale $489,000 +2.9% $245 / Sq Ft
10/04/2013 10/04/13 Sold $475,000 -20.2% $277 / Sq Ft
08/28/2013 08/28/13 Pending -- -- --
07/05/2013 07/05/13 For Sale $595,000 -- $347 / 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 $7,746 $308,880 $78,200 $230,680
2023 $1,596 $308,880 $78,200 $230,680
2022 $1,746 $236,760 $31,280 $205,480
2021 $1,793 $236,760 $31,280 $205,480
2020 $1,836 $243,280 $31,280 $212,000
2019 $1,836 $243,280 $31,280 $212,000
2018 $1,836 $243,280 $31,280 $212,000
2017 $1,836 $218,760 $31,280 $187,480
2016 $4,683 $189,920 $31,280 $158,640
2015 $1,619 $31,280 $31,280 $0
2014 $1,619 $62,000 $35,200 $26,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1564462

Golden Isles Association of REALTORS®

APN: 04-02619