NOT LISTED FOR SALE

2505 Demere Rd Unit 3 Saint Simons Island, GA 31522

Estimated Value: $276,000 - $312,000

1 Bed
1 Bath
-- Sq Ft
$174/mo HOA Fee

Last Sold January 12, 2018

Last sale price $137,500

Est. 115% increase in value since last sale

Current estimated payment $1,952/month

137 Days on Market

Highlights

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

About This Home

As of January 2018

Centrally located on St. Simons Island, Island Retreat is convenient to many shops and restaurants; several within walking distance! Interior features of this charming one bedroom condo include a modern kitchen with tile flooring, custom cabinets, stylish black appliances and granite countertops. Also, a sun porch, updated bathroom, abundant closet space, and crown molding throughout. Community amenities include a swimming pool, fitness center, tennis court, lush landscaping, and a gated entrance. Easy to see!

Last Agent to Sell the Property

Kelly Ross

BHHS Hodnett Cooper Real Estate License #342420 Listed on: 07/29/2017

BHHS Hodnett Cooper Real Estate

Last Buyer's Agent

Russell Bolt

CENTURY 21 American Heritage License #209415

CENTURY 21 American Heritage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $754

Year Built

  • Built in 1978

Lot Details

  • Landscaped

HOA Fees

  • $174 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Wood Roof
  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Crown Molding

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-13206

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

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

Additional Features

  • Picnic Area
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$754

Year Built

Built in 1978

Lot Details

0

HOA Fees

$174 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: ,,,
  • Ownership: Condo
  • Subdivision Name: Island Retreat Condos
  • Directions: Behind McDonald's/United Community Bank on Demere Rd.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1978
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: Crown Molding, Painted Woodwork
  • Stories: 1

Exterior Features

  • Lot Features: Landscaped
  • Pool Features: Association
  • Waterfront: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Concrete, Vinyl Siding, Drywall
  • Foundation Details: Slab
  • Roof: Shingle, Wood

Garage/Parking

  • Parking Features: Paved

Utilities

  • Security: Gated Community
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Fitness Center, Gated, Picnic Area, Playground, Pool, Tennis Court(s)
  • Association Fee: 174.0
  • 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 #: 04-13206
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 753.56
  • Tax Book Number: 2856/322
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2017
Closed on
Jan 12, 2018
Sold by
Graley Jeffrey L
Bought by
Landon Brian A and Landon Ann
Seller's Agent
Kelly Ross
BHHS Hodnett Cooper Real Estate
Buyer's Agent
Russell Bolt
CENTURY 21 American Heritage
List Price
$139,500
Sold Price
$137,500
Premium/Discount to List
-$2,000
-1.43%
Current Estimated Value
$295,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,322
Avg. Annual Appreciation
10.34%
Original Mortgage
$10,000,000
Outstanding Balance
$8,534,239
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
-$8,240,328

Purchase Details

Closed on
Apr 25, 2011
Sold by
Regions Bank
Bought by
Graley Jeffrey L and Graley Lynne T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2009
Sold by
Davis Jeremiah
Bought by
Regions Bank

Purchase Details

Closed on
Nov 27, 2006
Sold by
Hodnett Cooper Hodnett Llc
Bought by
Davis Jeremiah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
6.36%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Landon Brian A $137,500 --
Graley Jeffrey L $94,000 --
Regions Bank -- --
Davis Jeremiah $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landon Brian A $10,000,000
Previous Owner Graley Jeffrey L $83,500
Previous Owner Davis Jeremiah $38,000
Previous Owner Davis Jeremiah $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2018 01/12/18 Sold $137,500 -1.4% --
12/13/2017 12/13/17 Pending -- -- --
07/29/2017 07/29/17 For Sale $139,500 -- --
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 $2,508 $100,000 $0 $100,000
2023 $2,231 $90,800 $0 $90,800
2022 $1,505 $60,000 $0 $60,000
2021 $1,552 $60,000 $0 $60,000
2020 $1,478 $56,600 $0 $56,600
2019 $1,405 $53,800 $0 $53,800
2018 $1,405 $53,800 $0 $53,800
2017 $1,218 $46,640 $0 $46,640
2016 $1,119 $46,640 $0 $46,640
2015 $965 $40,040 $0 $40,040
2014 $965 $40,040 $0 $40,040
Source: Public Records

Agents Affiliated with this Home

  • Kelly Ross

    Seller's Agent in 2018

    Kelly Ross

    BHHS Hodnett Cooper Real Estate

    (912) 269-6710

    56 in this area

    72 Total Sales

    Kelly Ross
    Section Image
  • Russell Bolt

    Buyer's Agent in 2018

    Russell Bolt

    CENTURY 21 American Heritage

    (912) 230-7454

    1 in this area

    13 Total Sales

    Russell Bolt
    Section Image
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1585017

Golden Isles Association of REALTORS®

APN: 04-13206

Georgia Glynn County Saint Simons Island 31522

2505 Demere Rd Unit 3, Saint Simons Island, GA

This home is located at 2505 Demere Rd Unit 3, Saint Simons Island, GA 31522 since 29 July 2017 and is currently estimated at $295,822. This property was built in 1978. 2505 Demere Rd Unit 3 is a home located in Glynn County with nearby schools including St. Simons Elementary School, Glynn Middle School, and Glynn Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Golden Isles Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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