NOT LISTED FOR SALE

2506 Demere Rd Unit 8 Saint Simons Island, GA 31522

Estimated Value: $271,000 - $331,000

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

Last Sold April 14, 2022

Last sale price $252,000 $315 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,032/month

10 Days on Market

Highlights

  • Central Heating and Cooling System
  • St. Simons Elementary School Rated A-
  • Ceiling Fan

About This Home

As of April 2022

Come enjoy island living in this Mid South island second floor condo located in Island Retreat! Condo features 1bd/1ba with updated flooring and paint. Island Retreat amenities include gated entry, fitness center, tennis courts, playground and swimming pool. This condo would make a great primary residence, second home at the beach or could be an investment as there are currently no rental restrictions.

Last Agent to Sell the Property

Michael Giery

BHHS Hodnett Cooper Real Estate License #363349 Listed on: 03/28/2022

BHHS Hodnett Cooper Real Estate

Last Buyer's Agent

Jacquie Wheeler

BHHS Hodnett Cooper Real Estate License #321038

BHHS Hodnett Cooper Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,552

Year Built

  • Built in 1980

HOA Fees

  • $215 Monthly HOA Fees

Interior Spaces

  • 800 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Island Retreat Condos Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-13218

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
  • Lot Size: ,,,
  • Subdivision Name: Island Retreat Condos
  • Directions: Coming from Brunswick: Take the F.J. Torres Causeway toward Saint Simons Island. Continue onto Kings Way and make a slight left onto Sea Island Road. Turn right onto Demere. Island Retreat will be on the right side about 0.7 miles down the road.
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1980
  • Property Sub Type Additional: Condominium
  • ResoBuildingAreaSource: Other
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator, Range Hood
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 800.0
  • ResoLivingAreaSource: Other

Exterior Features

  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2580.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Parcel #: 04-13218
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1552.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2022
Closed on
Apr 14, 2022
Sold by
Cranford Kelly
Bought by
M H Way Llc
Seller's Agent
Michael Giery
BHHS Hodnett Cooper Real Estate
Buyer's Agent
Jacquie Wheeler
BHHS Hodnett Cooper Real Estate
List Price
$249,900
Sold Price
$252,000
Premium/Discount to List
$2,100
0.84%
Current Estimated Value
$303,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,268
Avg. Annual Appreciation
5.77%
Original Mortgage
$202,676
Outstanding Balance
$153,815
Interest Rate
5.11%
Mortgage Type
Mortgage Modification
Estimated Equity
$152,150

Purchase Details

Listed on
Jul 11, 2017
Closed on
Dec 13, 2017
Sold by
Ricks Llc
Bought by
Cranford Kelly E
Seller's Agent
Joan Lewis
Signature Properties Group Inc.
Buyer's Agent
Michael Giery
BHHS Hodnett Cooper Real Estate
List Price
$137,500
Sold Price
$134,000
Premium/Discount to List
-$3,500
-2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.66%
Original Mortgage
$100,500
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2010
Sold by
Wachovia Bank National Association
Bought by
Ricks Llc

Purchase Details

Closed on
Sep 1, 2009
Sold by
Minish Charles
Bought by
Wachovia Bank National Association
Source: Public Records

Range of Values:

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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
M H Way Llc $252,000 --
Cranford Kelly E $134,000 --
Ricks Llc $105,000 --
Wachovia Bank National Association $122,040 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M H Way Llc $250,000
Previous Owner Cranford Kelly E $100,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $252,000 +0.8% $315 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $249,900 +86.5% $312 / Sq Ft
12/13/2017 12/13/17 Sold $134,000 -2.5% $168 / Sq Ft
11/10/2017 11/10/17 Pending -- -- --
07/11/2017 07/11/17 For Sale $137,500 -- $172 / 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 $1,400 $53,600 $0 $53,600
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

  • Michael Giery

    Seller's Agent in 2022

    Michael Giery

    BHHS Hodnett Cooper Real Estate

    (912) 230-1115

    17 in this area

    41 Total Sales

    Michael Giery
    Section Image
  • Jacquie Wheeler

    Buyer's Agent in 2022

    Jacquie Wheeler

    BHHS Hodnett Cooper Real Estate

    (912) 638-5450

    19 in this area

    62 Total Sales

    Jacquie Wheeler
    Section Image
  • Joan Lewis

    Seller's Agent in 2017

    Joan Lewis

    Signature Properties Group Inc.

    (912) 634-9995

    43 in this area

    88 Total Sales

    Joan Lewis
    Section Image
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1633028

Golden Isles Association of REALTORS®

APN: 04-13218

Georgia Glynn County Saint Simons Island 31522

2506 Demere Rd Unit 8, Saint Simons Island, GA

This home is located at 2506 Demere Rd Unit 8, Saint Simons Island, GA 31522 since 28 March 2022 and is currently estimated at $303,268, approximately $379 per square foot. This property was built in 1980. 2506 Demere Rd Unit 8 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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