NOT LISTED FOR SALE

1318 Demere Rd Saint Simons Island, GA 31522

Estimated Value: $1,327,960 - $1,486,000

3 Beds
2.5 Baths
1,905 Sq Ft
$739/Sq Ft Est. Value

Last Sold September 02, 2022

Last sale price $1,140,000 $598 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $8,332/month

18 Days on Market

About This Home

As of September 2022

Fantastic southern beach cottage in a great location built by local builder, Frank Serafini. Quality finishes, no detail overlooked. Primary bedroom suite on main floor with two bedrooms, bath, and open bonus room upstairs. This gorgeous home includes 9 & 10 ft ceilings throughout, Pella Low E windows, gas stove and fireplace, hardwood flooring, carrrera marble countertops in kitchen and bathrooms, ship lap walls, custom cabinetry and southern tabby. Outside details include a rocking chair front porch, great entertaining space in the backyard with a screened porch, pool, and tiki hut, built in oyster pit and lighted landscaping. Quick access to East Beach, favorite island restaurants, King & Prince, public tennis & pickle ball courts, and the Pier Village.

Last Agent to Sell the Property

Victor Long

Banker Real Estate License #358373 Listed on: 08/15/2022

Last Buyer's Agent

Victor Long

Banker Real Estate License #358373 Listed on: 08/15/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,079

Year Built

  • Built in 2016

Lot Details

  • 6,665 Sq Ft Lot

Home Design

  • 1,905 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms

Community Details

  • Thompson Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-09315

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,079

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Lot Size: ,,,
  • Subdivision Name: Thompson Cove
  • Directions: Near intersection of Arnold, Mallery, Demere Roads.
  • New Construction: No
  • Year Built: 2016
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1905.0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Disclosures: Covenants/Restrictions Disclosure

Lot Info

  • Lot Size Sq Ft: 6665.0
  • Parcel #: 04-09315
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5079.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2022
Closed on
Sep 2, 2022
Sold by
T Bec Ii Llc
Bought by
Gibson Christi
Seller's Agent
Victor Long
Banker Real Estate
Buyer's Agent
Victor Long
Banker Real Estate
List Price
$1,140,000
Sold Price
$1,140,000
Current Estimated Value
$1,407,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,490
Avg. Annual Appreciation
1.90%
Original Mortgage
$644,200
Outstanding Balance
$618,599
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$588,867

Purchase Details

Listed on
Jun 17, 2020
Closed on
Jul 2, 2020
Sold by
James E Dahm Rev Trust
Bought by
T Bec Ii Llc
Seller's Agent
Victor Long
Banker Real Estate
Buyer's Agent
Victor Long
Banker Real Estate
List Price
$850,000
Sold Price
$827,500
Premium/Discount to List
-$22,500
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.91%

Purchase Details

Closed on
Jun 15, 2016
Sold by
Frank Serafini Builders In
Bought by
Dahm James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 26, 2012
Closed on
Jan 22, 2016
Sold by
Poppell Brenda Gail
Bought by
Frank Serafini Builders Inc
Seller's Agent
Winnie Skarpalezos
BHHS Hodnett Cooper Real Estate
List Price
$150,000
Sold Price
$105,000
Premium/Discount to List
-$45,000
-30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.73%
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 Buyer Sale Price Title Company
Gibson Christi $1,140,000 --
T Bec Ii Llc $827,500 --
Dahm James E $635,000 --
Frank Serafini Builders Inc $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Christi $644,200
Previous Owner Dahm James E $485,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2022 09/02/22 Sold $1,140,000 0.0% $598 / Sq Ft
08/15/2022 08/15/22 For Sale $1,140,000 +37.8% $598 / Sq Ft
07/02/2020 07/02/20 Sold $827,500 -2.6% $434 / Sq Ft
06/17/2020 06/17/20 For Sale $850,000 +709.5% $446 / Sq Ft
01/22/2016 01/22/16 Sold $105,000 -30.0% $55 / Sq Ft
12/23/2015 12/23/15 Pending -- -- --
06/26/2012 06/26/12 For Sale $150,000 -- $79 / 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 $10,782 $429,920 $80,000 $349,920
2023 $4,407 $455,040 $100,000 $355,040
2022 $5,011 $194,840 $50,000 $144,840
2021 $5,079 $191,560 $50,000 $141,560
2020 $4,703 $175,320 $50,000 $125,320
2019 $3,446 $127,200 $25,200 $102,000
2018 $3,446 $127,200 $25,200 $102,000
2017 $3,446 $127,200 $25,200 $102,000
2016 $730 $25,200 $25,200 $0
2015 $607 $25,200 $25,200 $0
2014 $607 $25,200 $25,200 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2022

    Victor Long

    Banker Real Estate

    (912) 266-2650

    140 in this area

    165 Total Sales

    Victor Long
    Section Image
  • Winnie Skarpalezos

    Seller's Agent in 2016

    Winnie Skarpalezos

    BHHS Hodnett Cooper Real Estate

    (912) 258-0080

    56 in this area

    113 Total Sales

    Winnie Skarpalezos
    Section Image
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1635042

Golden Isles Association of REALTORS®

APN: 04-09315

Georgia Glynn County Saint Simons Island 31522

1318 Demere Rd, Saint Simons Island, GA

This home is located at 1318 Demere Rd, Saint Simons Island, GA 31522 since 15 August 2022 and is currently estimated at $1,407,490, approximately $738 per square foot. This property was built in 2016. 1318 Demere Rd is a home located in Glynn County with nearby schools including St. Simons Elementary School, Glynn Middle School, and Glynn Academy.

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