$315,000
SOLD MAY 13, 2022

2502 Demere Rd Unit 5 Saint Simons Island, GA 31522

2 Beds
2 Baths
1,200 Sq Ft
$297/mo HOA Fee

Recently Sold

$262 Per Sq Ft

3% Below List Price

10 Days on Market

Highlights

  • Fitness Center
  • Outdoor Pool
  • Tennis Courts
  • St. Simons Elementary School Rated A-
  • Gated Community
  • Shops

About This Home

As of May 2022

Beautiful upstairs unit in desirable Island Retreat. Conveniently located near local restaurants, shopping, the beach, and the pier village. New HVAC in 2018. New laminate flooring and newly painted in 2021. Enjoy the many amenities this neighborhood has to offer. This unit is still tenant occupied. Basic 1 year lease has expired. Tenant will vacate the premises on or before June 19, 2022! Uploaded pictures were taken after renovation and before current tenant moved into the condo in 2021.

Last Agent to Sell the Property

Martin Sportschuetz

Coastal Georgia Living LLC License #381923 Listed on: 04/25/2022

Last Buyer's Agent

Non-Member Solds Only (Outside) Non-Members Solds Only

Non-member for solds only

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,985

Year Built

  • Built in 1984

Lot Details

  • Fenced
  • Landscaped

HOA Fees

  • $297 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Slab Foundation
  • Metal Roof
  • Concrete Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Stacked Washer and Dryer

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Schools

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

Additional Features

  • Outdoor Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 04-13184

Community Details

Overview

  • Association fees include management, insurance, ground maintenance, pest control, recycling, recreation facilities, reserve fund, sewer, trash, water
  • Island Retreat Condos Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Shops

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,985

Year Built

Built in 1984

Lot Details

0

HOA Fees

$297 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: ,,,
  • Subdivision Name: Island Retreat Condos
  • Directions: Off Demere Road - behind McDonald's/United Community Bank. When entering gate building in driver's direction.
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1984
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Disposal, Microwave, Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1200.0
  • Stories: 2

Exterior Features

  • Fencing: Fenced
  • Lot Features: Landscaped
  • Pool Features: Pool, Association
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Concrete
  • Foundation Details: Slab
  • Roof: Metal

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Stacked
  • Security: Gated Community, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Gated, Shopping
  • Amenities: Fitness Center, Gated, Barbecue, Picnic Area, Playground, Pool, Pets Allowed, Tennis Court(s)
  • Association Fee: 297.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Insurance, Maintenance Grounds, Pest Control, Recycling, Recreation Facilities, Reserve Fund, Sewer, Trash, Water

Schools

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

Lot Info

  • Parcel #: 04-13184
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1985.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
May 13, 2022
Sold by
Maddox Joel A
Bought by
Herman Thomas
Seller's Agent
Martin Sportschuetz
Coastal Georgia Living LLC
Buyer's Agent
Non-Member Solds Only (Outside) Non-Members Solds Only
Non-member for solds only
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Current Estimated Value
$380,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,965
Avg. Annual Appreciation
6.10%

Purchase Details

Listed on
Feb 19, 2018
Closed on
Mar 9, 2018
Sold by
Park Daniel
Bought by
Maddox Joel A and Maddox Laura L
Seller's Agent
Patrick Ozanne
Coldwell Banker Access Realty SSI
Buyer's Agent
Anthony Quickle
Sea Palms Coastal Realty LLC
List Price
$169,000
Sold Price
$165,000
Premium/Discount to List
-$4,000
-2.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.73%

Purchase Details

Closed on
Apr 26, 2006
Sold by
Hodnett Cooper and Hodnett L
Bought by
Park Daniel and Park Juanalee
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 $315,000 --
Warranty Deed $165,000 --
Deed $230,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $315,000 -3.1% $263 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $325,000 +97.0% $271 / Sq Ft
03/09/2018 03/09/18 Sold $165,000 -2.4% $138 / Sq Ft
02/19/2018 02/19/18 For Sale $169,000 -- $141 / 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 $3,461 $138,000 $0 $138,000
2023 $3,096 $126,000 $0 $126,000
2022 $2,307 $92,000 $0 $92,000
2021 $1,965 $76,000 $0 $76,000
2020 $1,859 $71,200 $0 $71,200
2019 $1,723 $66,000 $0 $66,000
2018 $1,723 $66,000 $0 $66,000
2017 $1,579 $60,480 $0 $60,480
2016 $1,452 $60,480 $0 $60,480
2015 $1,122 $46,560 $0 $46,560
2014 $1,122 $46,560 $0 $46,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1633784

Golden Isles Association of REALTORS®

APN: 04-13184