NOT LISTED FOR SALE

2505 Demere Rd Unit 8 Saint Simons Island, GA 31522

Estimated Value: $269,000 - $348,000

1 Bed
1 Bath
810 Sq Ft
$233/mo HOA Fee

Last Sold August 01, 2023

Last sale price $320,000 $395 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,037/month

24 Days on Market

Highlights

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

About This Home

As of August 2023

HURRY! WON'T LAST LONG! Sought after and rare opportunity to buy this charming and furnished one-bedroom unit in the best building in Island Retreat located above the pool and tennis courts. If you are looking for a great investment property, second home, or a primary residence on the island, then this is for you! Condo has been an AirBnB for several years and has received over 100 five-star ratings! No rental restrictions make this an ideal investment opportunity. The floor plan is open with living and dining area. The new bathroom features a tiled walk-in shower. The large bedroom is cheery and bright. The condo also boasts a sunroom with locked "owners" closet and a perfect place for an extra guest or sitting & reading area or office overlooking the pool area. The kitchen has granite counter tops, plenty of cabinets and a pantry. The refrigerator and the stove are both new purchased in 2023 and new AC in 2022. Newer washer and dryer in laundry area in the kitchen.The front door has a special phantom screen installed for breeze and open feeling! Community amenities include a lovely swimming pool, tennis/pickleball courts, clubhouse, fitness center and very dog friendly surroundings. The grounds are beautifully & lushly landscaped with flowers everywhere. It doesn't get any better than this hidden gem of a complex located on the south side of St. Simons Island. Island Retreat is a gated community close proximity and walking distance to restaurants, grocery, shopping, bike-rental, golf cart rental and just about anything you would need. The beach is a five minute drive. The seller is a licensed realtor in the state of Georgia.

Last Agent to Sell the Property

Peaches Thorp

BHHS Hodnett Cooper Real Estate License #355224 Listed on: 06/04/2023

BHHS Hodnett Cooper Real Estate

Last Buyer's Agent

Peaches Thorp

BHHS Hodnett Cooper Real Estate License #355224 Listed on: 06/04/2023

BHHS Hodnett Cooper Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,277

Year Built

  • Built in 1980

HOA Fees

  • $233 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Metal Roof
  • Concrete Siding

Interior Spaces

  • 810 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Paved Parking
  • Parking Lot

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered Patio or Porch

Schools

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

Additional Features

  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 04-13210

Community Details

Overview

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

Recreation

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

Pet Policy

  • Pets Allowed

Additional Features

  • Shops
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,277

Year Built

Built in 1980

Lot Details

0

HOA Fees

$233 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: ,,,
  • Inclusions: Dryer,Refrigerator,Washer
  • Subdivision Name: Island Retreat Condos
  • Directions: Follow Demere, right before McDonalds and United Community Bank. Through gate and keep left to first building on the left behind pool. Upstairs unit overlooking pool.
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1980
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Refrigerator, Washer
  • Has Basement: Other, See Remarks
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Area, Pantry, Ceiling Fan(s)
  • Living Area: 810.0

Exterior Features

  • Pool Features: In Ground, Pool, Association
  • Disclosures: Covenants/Restrictions Disclosure, Owner Is Listing Agent
  • Home Warranty: No
  • Common Walls: 1 Common Wall
  • Construction Type: Concrete
  • Exterior Features: Deck, Tennis Court(s)
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Deck
  • Roof: Metal

Garage/Parking

  • Parking Features: Paved, Parking Lot
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Kitchen
  • Security: Gated Community
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Shopping
  • Amenities: Fitness Center, Gated, Playground, Pool, Pets Allowed, Tennis Court(s)
  • Association Fee: 233.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Current Use: Residential
  • Parcel #: 04-13210
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2277.0
  • Tax Book Number: 3889/293
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2023
Closed on
Aug 1, 2023
Sold by
Thorp Aj Trust
Bought by
Blum Aleesa L Trust
Seller's Agent
Peaches Thorp
BHHS Hodnett Cooper Real Estate
Buyer's Agent
Peaches Thorp
BHHS Hodnett Cooper Real Estate
List Price
$349,000
Sold Price
$320,000
Premium/Discount to List
-$29,000
-8.31%
Views
199
Current Estimated Value
$300,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,087
Avg. Annual Appreciation
-5.48%

Purchase Details

Listed on
Apr 25, 2018
Closed on
May 15, 2018
Sold by
French
Bought by
Thorp Thorp Aj Aj and Thorp Gary
Seller's Agent
Pat Hodnett Cooper
BHHS Hodnett Cooper Real Estate
Buyer's Agent
Peaches Thorp
BHHS Hodnett Cooper Real Estate
List Price
$139,000
Sold Price
$139,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.32%

Purchase Details

Closed on
Nov 23, 2015
Sold by
French Edgar
Bought by
French Horace Edgar and French Patricia Lilliott

Purchase Details

Closed on
Mar 30, 2006
Sold by
Hodnett Cooper Hodnett Llc
Bought by
French Edgar and French Patricia L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Blum Aleesa L Trust $320,000 --
Thorp Thorp Aj Aj $139,000 --
French Horace Edgar $100,100 --
French Edgar $166,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $320,000 -3.0% $395 / Sq Ft
06/29/2023 06/29/23 Pending -- -- --
06/21/2023 06/21/23 Price Changed $329,900 -5.5% $407 / Sq Ft
06/04/2023 06/04/23 For Sale $349,000 +151.1% $431 / Sq Ft
05/15/2018 05/15/18 Sold $139,000 0.0% $174 / Sq Ft
04/29/2018 04/29/18 Pending -- -- --
04/25/2018 04/25/18 For Sale $139,000 0.0% $174 / Sq Ft
01/30/2012 01/30/12 Rented -- -- --
12/31/2011 12/31/11 Under Contract -- -- --
12/27/2011 12/27/11 For Rent $750 -- --
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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1640322

Golden Isles Association of REALTORS®

APN: 04-13210