NOT LISTED FOR SALE

2507 Demere Rd Unit 1 Saint Simons Island, GA 31522

Estimated Value: $398,000 - $413,182

3 Beds
2 Baths
1,350 Sq Ft
$377/mo HOA Fee

Last Sold June 15, 2023

Last sale price $403,000 $299 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,917/month

9 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Cooling Available
  • St. Simons Elementary School Rated A-
  • Tennis Courts
  • Tile Flooring

About This Home

As of June 2023

Charming 3 Bedroom GROUND FLOOR condo conveniently located close to shopping and restaurants. Island Retreat is GATED with TENNIS Courts, Swimming Pool, and work out room. Enjoy all the island has to offer carefree with the benefits of condo ownership. One seller is licensed agent in the State of Georgia.

Last Agent to Sell the Property

Jennifer Robinson

Robinson Coastal Real Estate License #220651 Listed on: 05/15/2023

Last Buyer's Agent

Rachel Marascalco

Signature Properties Group Inc. License #286330

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,611

Year Built

  • Built in 1985

HOA Fees

  • $377 Monthly HOA Fees

Home Design

  • 1,350 Sq Ft Home
  • Slab Foundation

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 04-13219

Community Details

Overview

  • Association fees include management, ground maintenance, pest control, sewer, trash, water
  • Island Retreat HOA, Phone Number (912) 638-4750
  • Island Retreat Condos Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,611

Year Built

Built in 1985

Lot Details

0

HOA Fees

$377 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: ,,,
  • Subdivision Name: Island Retreat Condos
  • Directions: Demere Road to Island Retreat/ Island Square. Island Retreat is on the right. Code on gate to enter. Building 2507 is on back of complex.
  • New Construction: No
  • Year Built: 1985
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Living Area: 1350.0

Exterior Features

  • Pool Features: Association
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Foundation Details: Slab

Utilities

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

Condo/Co-op/Association

  • Amenities: Gated, Pool, Tennis Court(s)
  • Association Fee: 377.0
  • Association Fee Frequency: Monthly
  • Association Name: Island Retreat HOA
  • Phone: 912-638-4750
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Pest Control, Sewer, Trash, Water

Schools

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

Lot Info

  • Parcel #: 04-13219
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2018
Closed on
Jun 21, 2018
Sold by
Hodnett Cooper Hodnett Llc
Bought by
Stanjen Inc
Seller's Agent
Kelly Ross
BHHS Hodnett Cooper Real Estate
Buyer's Agent
Jennifer Robinson
Robinson Coastal Real Estate
List Price
$188,500
Sold Price
$188,500
Current Estimated Value
$405,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,926
Avg. Annual Appreciation
11.44%
Original Mortgage
$10,000,000
Outstanding Balance
$8,311,232
Interest Rate
4.6%
Mortgage Type
Unknown
Estimated Equity
-$7,903,070
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
Stanjen Inc $188,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanjen Inc $10,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $403,000 +1.0% $299 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $399,000 +111.7% $296 / Sq Ft
06/21/2018 06/21/18 Sold $188,500 0.0% $140 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $188,500 0.0% $140 / Sq Ft
12/20/2016 12/20/16 Rented -- -- --
11/20/2016 11/20/16 Under Contract -- -- --
12/06/2011 12/06/11 For Rent $1,350 -- --
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 $3,611 $144,000 $0 $144,000
2023 $3,244 $132,000 $0 $132,000
2022 $2,859 $114,000 $0 $114,000
2021 $2,312 $89,400 $0 $89,400
2020 $1,896 $72,613 $0 $72,613
2019 $1,896 $72,613 $0 $72,613
2018 $1,651 $74,400 $0 $74,400
2017 $1,738 $66,560 $0 $66,560
2016 $1,597 $66,560 $0 $66,560
2015 $1,236 $58,800 $0 $58,800
2014 $1,236 $51,303 $0 $51,303
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jennifer Robinson

    Robinson Coastal Real Estate

    (912) 638-0789

    47 in this area

    60 Total Sales

    Section Image

  • R

    Buyer's Agent in 2023

    Rachel Marascalco

    Signature Properties Group Inc.

    (770) 316-2349

    35 in this area

    48 Total Sales

    Section Image
  • Kelly Ross

    Seller's Agent in 2018

    Kelly Ross

    BHHS Hodnett Cooper Real Estate

    (912) 269-6710

    59 in this area

    75 Total Sales

    Section Image
  • Pat Hodnett Cooper

    Seller Co-Listing Agent in 2018

    Pat Hodnett Cooper

    BHHS Hodnett Cooper Real Estate

    (912) 270-3366

    84 in this area

    94 Total Sales

    Section Image

  • M

    Seller's Agent in 2016

    Melody Wood

    BHHS Hodnett Cooper Real Estate

    Section Image
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1639992

Golden Isles Association of REALTORS®

APN: 04-13219

Georgia Glynn County Saint Simons Island 31522

2507 Demere Rd Unit 1, Saint Simons Island, GA

This home is located at 2507 Demere Rd Unit 1, Saint Simons Island, GA 31522 since 15 May 2023 and is currently estimated at $407,046, approximately $301 per square foot. This property was built in 1985. 2507 Demere Rd Unit 1 is a home located in Glynn County with nearby schools including St. Simons Elementary School, Glynn Middle School, and Glynn Academy.

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