NOT LISTED FOR SALE

2507 Demere Rd Unit 5 Saint Simons Island, GA 31522

Saint Simons Neighborhood

Estimated Value: $393,000 - $439,000

3 Beds
2 Baths
1,400 Sq Ft
$377/mo HOA Fee

Last Sold June 05, 2024

Last sale price $405,000 $289 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,949/month

95 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Crown Molding
  • St. Simons Elementary School Rated A-
  • Galley Kitchen
  • Laundry Room

About This Home

As of June 2024

3 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)

Last Agent to Sell the Property

Jonathan Shipley

Banker Real Estate License #261875 Listed on: 01/31/2024

Co-Listed By

Leighann Woods

Banker Real Estate License #245564

Last Buyer's Agent

Tamara Green

BHHS Hodnett Cooper Real Estate License #327523

BHHS Hodnett Cooper Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,611

Year Built

  • Built in 1979

Lot Details

  • Property fronts a county road

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

Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

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

Recreation

  • In Ground Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,611

Year Built

Built in 1979

Lot Details

0

HOA Fees

$377 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: ,,,
  • Road Frontage Type: County Road
  • Co List Office Mls Id: 1152
  • Co List Office Phone: 912-638-1808
  • Subdivision Name: Island Retreat Condos
  • Directions: Demere Rd, right in between McDonalds and United Community Bank. Follow around to right, Enter Island Retreat Gate, Left to building 2507.
  • Architectural Style: Flat
  • New Construction: No
  • Year Built: 1979
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Some Electric Appliances, Dishwasher, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile, Vinyl
  • Interior Amenities: Crown Molding, Galley Kitchen, Ceiling Fan(s), Cable TV
  • Living Area: 1400.0

Exterior Features

  • Pool Features: In Ground, Pool
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Sewer Connected

Condo/Co-op/Association

  • Community Features: Gated
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 377.0
  • Association Fee Frequency: Monthly
  • Association: Island Retreat Condominium
  • Association Phone #2: 912-638-4750
  • Association: Yes

Lot Info

  • Current Use: Residential
  • Parcel #: 04-13223
  • ResoLotSizeUnits: Acres

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
$409,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,281
Avg. Annual Appreciation
0.99%
Original Mortgage
$215,000
Outstanding Balance
$213,222
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$196,059

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
Source: Public Records

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Range of Values:

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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
Spikes Sandra K $405,000 --
Perala Scott $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spikes Sandra K $215,000
Previous Owner Perala Scott P $169,200
Previous Owner Perala Scott $165,750
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 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 $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

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jonathan Shipley

    Banker Real Estate

    (912) 638-1808

    25 in this area

    26 Total Sales

    Jonathan Shipley
    Section Image

  • L

    Seller Co-Listing Agent in 2024

    Leighann Woods

    Banker Real Estate

    (912) 577-3311

    28 in this area

    40 Total Sales

    Leighann Woods
    Section Image
  • Tamara Green

    Buyer's Agent in 2024

    Tamara Green

    BHHS Hodnett Cooper Real Estate

    (912) 312-3777

    31 in this area

    62 Total Sales

    Tamara Green
    Section Image
  • Kelly Ross

    Seller's Agent in 2019

    Kelly Ross

    BHHS Hodnett Cooper Real Estate

    (912) 269-6710

    62 in this area

    78 Total Sales

    Kelly Ross
    Section Image
  • Pat Hodnett Cooper

    Seller Co-Listing Agent in 2019

    Pat Hodnett Cooper

    BHHS Hodnett Cooper Real Estate

    (912) 270-3366

    87 in this area

    97 Total Sales

    Pat Hodnett Cooper
    Section Image

  • M

    Seller's Agent in 2017

    Melody Wood

    BHHS Hodnett Cooper Real Estate

    (912) 617-1094

    Section Image
See All Agents

Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1644578

Golden Isles Association of REALTORS®

APN: 04-13223

Georgia Glynn County Saint Simons Island 31522 Saint Simons

2507 Demere Rd Unit 5, Saint Simons Island, GA

This home is located at 2507 Demere Rd Unit 5, Saint Simons Island, GA 31522 since 31 January 2024 and is currently estimated at $409,281, approximately $292 per square foot. This property was built in 1979. 2507 Demere Rd Unit 5 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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