NOT LISTED FOR SALE

1500 Demere Rd Unit E5 Saint Simons Island, GA 31522

Estimated Value: $338,000 - $361,000

2 Beds
1.5 Baths
1,100 Sq Ft
$275/mo HOA Fee

Last Sold July 11, 2014

Last sale price $149,900 $136 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $2,405/month

280 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Open Patio
  • St. Simons Elementary School Rated A-
  • Cooling Available
  • Community Barbecue Grill

About This Home

As of July 2014

Townhouse under $200K Close to the Beach. Recently updated. Tile floors, new kitchen, pool and tennis court. Currently leased. Shows well, Owner Ready to Sell. Owner will consider financing for purchaser. Sold furnished.

Last Agent to Sell the Property

Jon Shipley

Real Escapes Properties, Inc. License #261875 Listed on: 09/04/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,330

Year Built

  • Built in 1963

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Fire Rated Drywall
  • Metal Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • 2-Story Property

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Outdoor Features

  • Open Patio

Utilities

  • Cooling Available
  • Heat Pump System
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-03546

Community Details

Overview

  • Island Townhouse Condos Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,330

Year Built

Built in 1963

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: 0,0,0,0
  • Ownership: Condo
  • Subdivision Name: Island Townhouse Condos
  • Directions: Demere Road to Island Townhouses. Island Townhouse located on the corner of the East Beach Causeway and Demere Road.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1963
  • Property Sub Type Additional: Condominium,Townhouse
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Living Area: 1100.0
  • Stories: 2

Exterior Features

  • Lot Features: Flood Zone
  • Pool Features: Association
  • View: Residential
  • Waterfront: No
  • Construction Type: Brick, Drywall
  • Patio And Porch Features: Open, Patio
  • Roof: Metal

Garage/Parking

  • Parking Features: Assigned, Parking Space(s)

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Sewer Connected, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Clubhouse, Laundry, Barbecue, Pool, Pets Allowed
  • Association Fee: 275.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 04-03546
  • Zoning Description: Condo,Multi-Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2013
Closed on
Jul 11, 2014
Sold by
Paul Michael W
Bought by
Green Paul A
Seller's Agent
Jon Shipley
Real Escapes Properties, Inc.
List Price
$169,000
Sold Price
$149,900
Premium/Discount to List
-$19,100
-11.3%
Current Estimated Value
$347,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,931
Avg. Annual Appreciation
7.79%
Original Mortgage
$112,425
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2012
Sold by
Murphy Deborah E
Bought by
Mwp Enterprises Inc

Purchase Details

Closed on
Feb 3, 2012
Sold by
Heffner William A
Bought by
Murphy Deborah
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
Green Paul A $149,900 --
Mwp Enterprises Inc $140,000 --
Murphy Deborah $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Green Paul A $112,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2014 07/11/14 Sold $149,900 -11.3% $136 / Sq Ft
06/11/2014 06/11/14 Pending -- -- --
09/04/2013 09/04/13 For Sale $169,000 -- $154 / 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 $468 $132,800 $0 $132,800
2022 $590 $95,600 $0 $95,600
2021 $2,188 $84,600 $0 $84,600
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: 1565515

Golden Isles Association of REALTORS®

APN: 04-03546