2507 Demere Rd Unit 5 Saint Simons Island, GA 31522
Saint Simons Neighborhood
3
Beds
2
Baths
1,400
Sq Ft
$377/mo
HOA Fee
Highlights
- In Ground Pool
- Gated Community
- Crown Molding
- St. Simons Elementary School Rated A-
- Galley Kitchen
- Laundry Room
About This Home
As of June 20243 Bedroom & 2 Bath -Tons of Detail-Beautiful Unit_ - TOP FLOOR(MORE QUIET THAN A BOTTOM FLOOR and UPDATED beautiful unit Well Maintained Complex - Pool - Tennis Court - Fitness Area - Playground - Pet Friendly - Vacuum/Car Wash Area - Plenty of Parking - Bike Storage - Nicely Landscaped & Gated Just 2.0 miles from the gates of Island Retreat to the Public Beach Access at the Coast Guard Station Walk to Restaurants, Grocery Stores, Shopping Centers Easy Access on and off the Island. All major systems have been updated within the last few years. In addition to all major systems being updated, since the owners purchased in January 2019, the owners have done the following THIS PLACE IS READY FOR YOU! :
1) New AC condenser (outside unit) 3/19
2) New hot water heater 3/19
3) New four panel doors throughout the unit with oil rubbed bronze door hardware
4) New paint on all interior walls and trim
5) Installation of luxury vinyl plank flooring throughout entire unit (except sunroom floor)
6) Updated doorway and window trim in main common area/kitchen and master bedroom window
7) New comfort height toilets both baths
8) New bathtubs w/ fixtures
9) New tile tub surrounds floor/tub to ceiling
10) New bathroom sink faucets
11) New bathroom high efficiency exhaust fans in both bathrooms
12) New over tub recessed light in 2nd bathroom
13) New dining room light fixture
14) New kitchen light fixture
15) New laundry room light fixture
16) New master bath vanity light fixture
17) New light in storage closet
18) New door HVAC return/filter for HVAC closet for better efficiency
19) New granite countertops in kitchen (12/22)
20) New kitchen sink, garbage disposal and faucet
21) Yale lock
22) Sensi wifi Thermostat
23) New ceiling fans in living room, sunroom and master bedroom
24) Additional wall mounted wire storage shelving in laundry, storage closet and HVAC closet (the stand alone shelving units in owners closet are not staying)
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,611
Year Built
- Built in 1979
HOA Fees
- $377 Monthly HOA Fees
Interior Spaces
- 1,400 Sq Ft Home
- Crown Molding
- Ceiling Fan
- Laundry Room
Kitchen
- Galley Kitchen
- Microwave
- Dishwasher
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Central Heating and Cooling System
- Cable TV Available
Additional Features
- In Ground Pool
- Property fronts a county road
Listing and Financial Details
- Assessor Parcel Number 04-13223
Community Details
Overview
- Island Retreat Condominium Association, Phone Number (912) 638-4750
- Island Retreat Condos Subdivision
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 31, 2024
Closed on
Jun 5, 2024
Sold by
Perala Jennifer L
Bought by
Spikes Sandra K
Seller's Agent
Jonathan Shipley
Banker Real Estate
Buyer's Agent
Tamara Green
BHHS Hodnett Cooper Real Estate
List Price
$425,000
Sold Price
$405,000
Premium/Discount to List
-$20,000
-4.71%
Total Days on Market
95
Views
268
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,745
Avg. Annual Appreciation
0.50%
Original Mortgage
$215,000
Outstanding Balance
$213,586
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$193,318
Purchase Details
Listed on
Dec 27, 2018
Closed on
Mar 29, 2019
Sold by
Hodnett Cooper Hodnett Llc
Bought by
Perala Scott and Perala Jennifer
Seller's Agent
Kelly Ross
BHHS Hodnett Cooper Real Estate
Buyer's Agent
Jonathan Shipley
Banker Real Estate
List Price
$192,500
Sold Price
$195,000
Premium/Discount to List
$2,500
1.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.12%
Original Mortgage
$165,750
Interest Rate
4.3%
Mortgage Type
New Conventional
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $405,000 | -- | |
| Warranty Deed | $195,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $215,000 | New Conventional | |
| Previous Owner | $169,200 | New Conventional | |
| Previous Owner | $165,750 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2024 06/05/24 | Sold | $405,000 | -2.4% | $289 / Sq Ft |
| 05/05/2024 05/05/24 | Pending | -- | -- | -- |
| 04/24/2024 04/24/24 | Price Changed | $415,000 | -2.4% | $296 / Sq Ft |
| 01/31/2024 01/31/24 | For Sale | $425,000 | +117.9% | $304 / Sq Ft |
| 03/29/2019 03/29/19 | Sold | $195,000 | +1.3% | -- |
| 02/27/2019 02/27/19 | Pending | -- | -- | -- |
| 12/27/2018 12/27/18 | For Sale | $192,500 | 0.0% | -- |
| 02/14/2017 02/14/17 | Rented | -- | -- | -- |
| 01/15/2017 01/15/17 | Under Contract | -- | -- | -- |
| 12/30/2014 12/30/14 | For Rent | $1,300 | -- | -- |
Source: Golden Isles Association of REALTORS®
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 | $1,965 | $89,400 | $0 | $89,400 |
| 2020 | $2,010 | $77,000 | $0 | $77,000 |
| 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
Source: Golden Isles Association of REALTORS®
MLS Number: 1644578
APN: 04-13223
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