NOT LISTED FOR SALE

2506 Demere Rd Unit 6 Saint Simons Island, GA 31522

Estimated Value: $272,000 - $332,000

1 Bed
1 Bath
810 Sq Ft
$215/mo HOA Fee

Last Sold December 19, 2022

Last sale price $265,000 $327 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,054/month

45 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 December 2022

Are you looking for a St. Simons Island condo minutes from the BEACH that can be your island getaway or make you some sweet passive income? Well, ding, ding, ding you found it. This sought-after FULLY Furnished condo is centrally located on the island & it is within walking distance to shopping, coffee, dining, and Golf. This condo is a 1 bedroom, 1 bathroom with granite countertops shiplap accent walks, and beautiful all-wood cabinets. This gated community comes with a tennis court, pool, and fitness center. However, don’t take this silver-tongued Realtors’ word for it. Take the 3D tour and click through this incredible condo on St. Simons Island. https://my.matterport.com/show/?m=rBjFtVJ3USC&mls=1
The seller is a licensed Real Agent in the state of Georgia

Last Agent to Sell the Property

Michael Heiser

Keller Williams Realty Golden Isles License #373759 Listed on: 10/22/2022

Keller Williams Realty Golden Isles

Last Buyer's Agent

Ken Sausedo

DeLoach Sotheby's International Realty License #385252

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,552

Year Built

  • Built in 1980

Lot Details

  • No Unit Above or Below
  • 1 Common Wall

HOA Fees

  • $215 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Interior Spaces

  • 810 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

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 04-13216

Community Details

Overview

  • Association fees include flood insurance, ground maintenance, pest control
  • Island Retreat Condos Subdivision

Recreation

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

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,552

Year Built

Built in 1980

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Horses: No
  • Lot Size: ,,,
  • Subdivision Name: Island Retreat Condos
  • Directions: once in the gate hang a left the building is on the right once you pass the playground. Go to the 2nd floor unit is on the left side look for sentri lock lockbox
  • New Construction: No
  • Year Built: 1980
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Some Electric Appliances, Dryer, Dishwasher, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Tile
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 810.0

Exterior Features

  • Pool Features: Association
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Common Walls: 1 Common Wall, No One Above

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Amenities: Fitness Center, Gated, Playground, Pool, Tennis Court(s)
  • Association Fee: 215.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Flood Insurance, Maintenance Grounds, Pest Control

Schools

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

Lot Info

  • Parcel #: 04-13216
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1552.0
  • Tax Book Number: 4483 / 166
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2022
Closed on
Dec 15, 2022
Sold by
Lost Lake Properties Llc
Bought by
Wells Vicki S
Seller's Agent
Michael Heiser
Keller Williams Realty Golden Isles
Buyer's Agent
Ken Sausedo
DeLoach Sotheby's International Realty
List Price
$282,500
Sold Price
$265,000
Premium/Discount to List
-$17,500
-6.19%
Views
57
Current Estimated Value
$307,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,344
Avg. Annual Appreciation
5.68%

Purchase Details

Closed on
Jun 10, 2021
Sold by
G E Woods Properties Llc
Bought by
Wood Glenn and Wood Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2021
Sold by
Wood Glenn E
Bought by
Ge Wood Properties Llc

Purchase Details

Closed on
Aug 17, 2018
Sold by
Owens Virginia E
Bought by
Wood Glenn E and Wood Erin G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,999
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
May 12, 2006
Sold by
Hodnett Cooper Hodnett Llc
Bought by
Owens Virginia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
6.41%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Wells Vicki S $265,000 --
Wood Glenn -- --
Ge Wood Properties Llc -- --
Wood Glenn E $139,000 --
Owens Virginia E $176,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wood Glenn E $112,999
Previous Owner Owens Virginia E $140,800
Previous Owner Owens Virginia E $26,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2022 12/19/22 Sold $265,000 -5.3% $327 / Sq Ft
12/07/2022 12/07/22 Pending -- -- --
11/03/2022 11/03/22 Price Changed $279,900 -0.9% $346 / Sq Ft
11/01/2022 11/01/22 For Sale $282,500 0.0% $349 / Sq Ft
11/01/2022 11/01/22 Off Market $282,500 -- --
10/22/2022 10/22/22 For Sale $282,500 +1.6% $349 / Sq Ft
08/10/2022 08/10/22 Sold $278,000 +3.0% $343 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $269,900 -- $333 / 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 $1,119 $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

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1636912

Golden Isles Association of REALTORS®

APN: 04-13216