NOT LISTED FOR SALE

2506 Demere Rd Unit 2 Saint Simons Island, GA 31522

Estimated Value: $278,000 - $308,000

1 Bed
1 Bath
1,000 Sq Ft
$156/mo HOA Fee

Last Sold November 06, 2015

Last sale price $115,000 $115 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $1,905/month

864 Days on Market

Highlights

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

About This Home

As of November 2015

Well maintained one bedroom/bath condo on the first level, kitchen with granite countertops, nice appliances, great room/dining area and cozy sunporch. Gated community offering pool, tennis courts, playground and fitness center. Located within walking distance to shopping, banks, restaurants, and grocery store. Easy bike ride to the beach and Village.

Last Agent to Sell the Property

Betty Ellis

Betty Ellis Realtors License #60108 Listed on: 05/26/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $931

Year Built

  • Built in 1984

Lot Details

  • Property fronts a freeway
  • Landscaped

HOA Fees

  • $156 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-13212

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

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

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$931

Year Built

Built in 1984

Lot Details

0

HOA Fees

$156 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: 0,0,0,0
  • Road Frontage Type: Freeway
  • Road Surface Type: Paved
  • Subdivision Name: Island Retreat Condos
  • Directions: Demere Rd turn between MacDonalds and United community Bank, go straight until the gated entrance, building 2506 straight back on the right
  • Architectural Style: Flat
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1984
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Living Area: 1000.0
  • Stories: 1

Exterior Features

  • Lot Features: Flood Zone, Landscaped
  • Pool Features: Association
  • View: Residential
  • Waterfront: No
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Roof: Shingle, Wood

Utilities

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

Condo/Co-op/Association

  • Amenities: Fitness Center, Gated, Barbecue, Picnic Area, Playground, Pool, Pets Allowed, Tennis Court(s)
  • Association Fee: 156.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Lot Info

  • Parcel #: 04-13212
  • Zoning Description: Condo,Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 931.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2013
Closed on
Nov 6, 2015
Sold by
Bentley Calvin
Bought by
Brittain Thomas and Brittain Amy
Seller's Agent
Betty Ellis
Betty Ellis Realtors
List Price
$139,900
Sold Price
$115,000
Premium/Discount to List
-$24,900
-17.8%
Current Estimated Value
$290,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,365

Purchase Details

Closed on
May 13, 2011
Sold by
Pettis Louise V
Bought by
Bentley Calvin and Bentley Francis

Purchase Details

Closed on
Jul 25, 2006
Sold by
Hodnett Cooper Hodnett Llc
Bought by
Pettis Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.74%
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
Brittain Thomas $115,000 --
Bentley Calvin $130,000 --
Pettis Louise $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pettis Louise $144,000
Previous Owner Pettis Louise $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2015 11/06/15 Sold $115,000 -17.8% $115 / Sq Ft
10/07/2015 10/07/15 Pending -- -- --
05/26/2013 05/26/13 For Sale $139,900 -- $140 / 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 $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 $1,104 $46,000 $0 $46,000
2015 $965 $40,040 $0 $40,040
2014 $965 $40,040 $0 $40,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1563858

Golden Isles Association of REALTORS®

APN: 04-13212