NOT LISTED FOR SALE

1500 Demere Rd Unit D5 Saint Simons Island, GA 31522

Estimated Value: $347,000 - $431,000

2 Beds
1.5 Baths
1,088 Sq Ft
436 Sq Ft Lot

Last Sold September 22, 2023

Last sale price $424,000 $390 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $2,267/month

335 Days on Market

About This Home

As of September 2023

Location, Location, Location! Renovated 2 bedroom 1.5 bath south end condo located in Island Townhouses. The downstairs features a kitchen with spacious island, dining area, 1/2 bath and living room with sliding glass doors leading out to a private patio, walking distance to the pool. The upstairs features two bedrooms and full bath with a large shower. Enjoy a short walk or bike ride to the beach and restaurants or relax by the pool. An excellent location with no rental restrictions makes Island Townhouses very popular for rentals. Perfect for a beach getaway or a great investment property!

Last Agent to Sell the Property

George Skarpalezos

BHHS Hodnett Cooper Real Estate License #182287 Listed on: 09/15/2022

BHHS Hodnett Cooper Real Estate

Last Buyer's Agent

Thomas Cason

Keller Williams Realty Golden Isles License #405030

Keller Williams Realty Golden Isles

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,152

Year Built

  • Built in 1963

Lot Details

  • 436

Home Design

  • 1,088 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms

Community Details

  • Island Townhouse Condos Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-03537

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,152

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.01
  • Lot Size: ,,,
  • Subdivision Name: Island Townhouse Condos
  • Directions: Drive South on Demere towards Ocean Blvd, pass through the round about and take the 2nd exit onto Demere Rd. Island Townhouse #D-5 is on the left. Condo complex is at the corner of Demere Road and East Beach Causeway.
  • New Construction: No
  • Year Built: 1963
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1088.0

Exterior Features

  • Home Warranty: No

Lot Info

  • Parcel #: 04-03537
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2152.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Sep 22, 2023
Sold by
Claps Chris
Bought by
Surf Hut Ssi D5 Llc
Seller's Agent
George Skarpalezos
BHHS Hodnett Cooper Real Estate
Buyer's Agent
Thomas Cason
Keller Williams Realty Golden Isles
List Price
$422,000
Sold Price
$424,000
Premium/Discount to List
$2,000
0.47%
Views
1099
Current Estimated Value
$373,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50,292
Avg. Annual Appreciation
-6.00%
Original Mortgage
$318,000
Outstanding Balance
$311,614
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$62,094

Purchase Details

Listed on
May 6, 2020
Closed on
Jun 3, 2020
Sold by
Downwind Ssi Llc
Bought by
Claps Chris
Seller's Agent
Roland Daniel
Paradise Realty of Coastal Georgia LLC
Buyer's Agent
Jason Morris
Engel & Volkers Golden Isles
List Price
$219,000
Sold Price
$208,000
Premium/Discount to List
-$11,000
-5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.09%

Purchase Details

Listed on
Jun 15, 2014
Closed on
Sep 19, 2014
Sold by
Gemmill Natalie Ryan
Bought by
Downwind Ssi Llc
Seller's Agent
Guerry Norwood
BHHS Hodnett Cooper Real Estate
Buyer's Agent
Roland Daniel
Paradise Realty of Coastal Georgia LLC
List Price
$159,000
Sold Price
$147,000
Premium/Discount to List
-$12,000
-7.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Source: Public Records

Range of Values:

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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
Surf Hut Ssi D5 Llc $424,000 --
Claps Chris $208,000 --
Downwind Ssi Llc $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Surf Hut Ssi D5 Llc $318,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2023 09/22/23 Sold $424,000 +0.5% $390 / Sq Ft
08/17/2023 08/17/23 Pending -- -- --
02/28/2023 02/28/23 Price Changed $422,000 +1.4% $388 / Sq Ft
10/13/2022 10/13/22 Price Changed $416,000 -2.8% $382 / Sq Ft
09/24/2022 09/24/22 Price Changed $428,000 +1.4% $393 / Sq Ft
09/24/2022 09/24/22 For Sale $422,000 0.0% $388 / Sq Ft
09/18/2022 09/18/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $422,000 +102.9% $388 / Sq Ft
06/03/2020 06/03/20 Sold $208,000 -5.0% $191 / Sq Ft View Prior Sale
05/06/2020 05/06/20 For Sale $219,000 +49.0% $201 / Sq Ft
09/19/2014 09/19/14 Sold $147,000 -7.5% $134 / Sq Ft View Prior Sale
08/20/2014 08/20/14 Pending -- -- --
06/15/2014 06/15/14 For Sale $159,000 -- $145 / 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 $3,330 $132,800 $0 $132,800
2023 $3,263 $132,800 $0 $132,800
2022 $2,398 $95,600 $0 $95,600
2021 $2,152 $83,200 $0 $83,200
2020 $1,927 $73,800 $0 $73,800
2019 $1,927 $73,800 $0 $73,800
2018 $1,807 $69,200 $0 $69,200
2017 $1,692 $64,800 $0 $64,800
2016 $1,555 $64,800 $0 $64,800
2015 $1,191 $58,000 $0 $58,000
2014 $1,191 $49,400 $0 $49,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1636292

Golden Isles Association of REALTORS®

APN: 04-03537