NOT LISTED FOR SALE

2504 Demere Rd Unit 5 Saint Simons Island, GA 31522

Estimated Value: $326,933 - $363,000

2 Beds
2 Baths
1,200 Sq Ft
$272/mo HOA Fee

Last Sold March 25, 2021

Last sale price $212,500 $177 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,370/month

21 Days on Market

Highlights

  • Community Pool
  • Cooling Available
  • Heat Pump System
  • St. Simons Elementary School Rated A-

About This Home

As of March 2021

Well maintained 2 bedroom, 2 bath, second floor unit in popular Island Retreat. Great location.

Last Agent to Sell the Property

Keith Dean

BHHS Hodnett Cooper Real Estate License #269607 Listed on: 02/01/2021

BHHS Hodnett Cooper Real Estate

Last Buyer's Agent

Stacy Mclarty

Curated Real Estate License #388517

Curated Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,461

Year Built

  • Built in 1979

HOA Fees

  • $272 Monthly HOA Fees

Home Design

  • 1,200 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 04-13200

Community Details

Overview

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

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,461

Year Built

Built in 1979

Lot Details

0

HOA Fees

$272 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: ,,,
  • Subdivision Name: Island Retreat Condos
  • Directions: Demre Rd from FJ Torras Causeway. Turn right onto S Island Square Dr between United Community Bank & McDonalds (before the roundabout). Keep right and stop to enter gate code.
  • New Construction: No
  • Year Built: 1979
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1200.0

Exterior Features

  • Pool Features: Association
  • Disclosures: Covenants/Restrictions Disclosure

Utilities

  • Cooling: Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Pool
  • Association Fee: 272.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, 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 #: 04-13200
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 4164/323

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Mar 25, 2021
Sold by
Miller James
Bought by
Fricke Michael Edward and Rickard Mary K
Seller's Agent
Keith Dean
BHHS Hodnett Cooper Real Estate
Buyer's Agent
Stacy Mclarty
Curated Real Estate
List Price
$212,500
Sold Price
$212,500
Current Estimated Value
$342,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,233
Avg. Annual Appreciation
10.80%
Original Mortgage
$191,250
Outstanding Balance
$172,018
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$170,715

Purchase Details

Closed on
Feb 25, 2020
Sold by
Ream Elizabeth K
Bought by
Miller James and Miller Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,875
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 11, 2006
Sold by
Hodnett Cooper Hodnett Llc
Bought by
Ream Elizabeth K
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
Fricke Michael Edward $212,500 --
Miller James $178,500 --
Ream Elizabeth K $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fricke Michael Edward $191,250
Previous Owner Miller James $133,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2021 03/25/21 Sold $212,500 0.0% $177 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $212,500 0.0% $177 / Sq Ft
04/10/2017 04/10/17 Rented -- -- --
03/11/2017 03/11/17 Under Contract -- -- --
01/29/2014 01/29/14 For Rent $1,150 -- --
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 $3,461 $138,000 $0 $138,000
2024 $3,461 $138,000 $0 $138,000
2023 $3,096 $126,000 $0 $126,000
2022 $2,132 $85,000 $0 $85,000
2021 $1,846 $71,400 $0 $71,400
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

  • Keith Dean

    Seller's Agent in 2021

    Keith Dean

    BHHS Hodnett Cooper Real Estate

    (912) 577-9003

    9 in this area

    13 Total Sales

    Keith Dean
    Section Image
  • Stacy Mclarty

    Buyer's Agent in 2021

    Stacy Mclarty

    Curated Real Estate

    (770) 361-1917

    36 in this area

    68 Total Sales

    Stacy Mclarty
    Section Image

  • M

    Seller's Agent in 2017

    Melody Wood

    BHHS Hodnett Cooper Real Estate

    Section Image
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1624090

Golden Isles Association of REALTORS®

APN: 04-13200

Georgia Glynn County Saint Simons Island 31522

2504 Demere Rd Unit 5, Saint Simons Island, GA

Not Listed for Sale

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