NOT LISTED FOR SALE

2503 Demere Rd Unit 7 Saint Simons Island, GA 31522

Estimated Value: $361,000 - $427,000

3 Beds
2 Baths
-- Sq Ft
$304/mo HOA Fee

Last Sold August 14, 2020

Last sale price $228,000

Est. 70% increase in value since last sale

Current estimated payment $2,655/month

4 Days on Market

Highlights

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

About This Home

As of August 2020

THREE BEDROOMS & TWO BATHS - Upstairs Unit (No one above you). This beautiful condo is furnished and move-in ready. Well maintained. Just as you enter inside the unit is a spacious walk-in storage closet perfect for beach & pool necessities. Warm & inviting is the feeling you might have in this open floor plan with Living & Dining Areas plus a Sun Room (work from home). Updated Kitchen & Baths. Separate Laundry. Spacious Bedrooms, Master has Walk-in-Closet. Great location, condition & price. You can own a place on St Simons Island in a gated community within walking distance to shops & restaurants. Short distance to beach & village - Easy access on & off the Island. Complex offers a pool, tennis court, fitness center, playground, bike storage, mature landscaping and more. Very Easy to see on short notice. Professional Photos Soon

Last Agent to Sell the Property

Lee Baxter

DeLoach Sotheby's International Realty License #138676 Listed on: 07/10/2020

DeLoach Sotheby's International Realty

Last Buyer's Agent

Lori Mccormick

Keller Williams Realty Golden Isles License #362447

Keller Williams Realty Golden Isles

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,611

Lot Details

  • Landscaped

HOA Fees

  • $304 Monthly HOA Fees

Interior Spaces

  • Ceiling Fan
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 04-13194

Community Details

Overview

  • Association fees include ground maintenance
  • Island Retreat Condos Subdivision

Recreation

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

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,611

Lot Details

0

HOA Fees

$304 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: ,,,
  • Subdivision Name: Island Retreat Condos
  • Directions: Turn off Demere Road beside McDonald's into Island Retreat Entrance - Gate ahead on right - Need code to access - Once inside complex stay to the right, Building 2503 is second building on the right. Upstairs unit on back right side of building. You can park on backside of building and unit is upstairs on left.
  • Architectural Style: Flat
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Lot Features: Landscaped
  • Pool Features: Association
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Gated Community
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Fitness Center, Gated, Playground, Pool, Tennis Court(s)
  • Association Fee: 304.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

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

Lot Info

  • Parcel #: 04-13194
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 3902/30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2021
Sold by
Orr Beverly L
Bought by
Reynolds Troy R
Current Estimated Value
$388,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$216,816
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$171,253

Purchase Details

Listed on
Jul 10, 2020
Closed on
Aug 17, 2020
Sold by
Chu Osvaldo
Bought by
Orr Beverly L
Seller's Agent
Lee Baxter
DeLoach Sotheby's International Realty
Buyer's Agent
Lori Mccormick
Keller Williams Realty Golden Isles
List Price
$229,000
Sold Price
$228,000
Premium/Discount to List
-$1,000
-0.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%
Original Mortgage
$193,800
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2018
Closed on
Jun 8, 2018
Sold by
Hodnett Cooper
Bought by
Chu Osvaldo and Chu Denise
Seller's Agent
Kelly Ross
BHHS Hodnett Cooper Real Estate
Buyer's Agent
Lee Baxter
DeLoach Sotheby's International Realty
List Price
$187,500
Sold Price
$187,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.34%
Original Mortgage
$150,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reynolds Troy R $260,000 --
Orr Beverly L $228,000 --
Chu Osvaldo $187,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Troy R $240,000
Previous Owner Orr Beverly L $193,800
Previous Owner Chu Osvaldo $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2020 08/14/20 Sold $228,000 -0.4% --
07/15/2020 07/15/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $229,000 +22.1% --
06/08/2018 06/08/18 Sold $187,500 0.0% $139 / Sq Ft View Prior Sale
06/01/2018 06/01/18 For Sale $187,500 -- $139 / 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
2025 $3,611 $144,000 $0 $144,000
2024 $3,611 $144,000 $0 $144,000
2023 $3,244 $132,000 $0 $132,000
2022 $2,608 $104,000 $0 $104,000
2021 $2,312 $89,400 $0 $89,400
2020 $1,896 $72,613 $0 $72,613
2019 $1,896 $72,613 $0 $72,613
2018 $1,651 $74,400 $0 $74,400
2017 $1,738 $66,560 $0 $66,560
2016 $1,597 $66,560 $0 $66,560
2015 $1,358 $58,800 $0 $58,800
2014 $1,358 $56,364 $0 $56,364
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1619078

Golden Isles Association of REALTORS®

APN: 04-13194