$195,000
SOLD MAR 29, 2019

2507 Demere Rd Unit 5 Saint Simons Island, GA 31522

3 Beds
2 Baths
-- Sq Ft
$286/mo HOA Fee

Recently Sold

1% Above List Price

62 Days on Market

Highlights

  • Galley Kitchen
  • Cooling Available
  • Heating Available
  • St. Simons Elementary School Rated A-

About This Home

As of June 2024

Three bedroom, two bath condo. Second floor unit. Galley kitchen, En Suite Master. Storage in hall closet. Laundry/Pantry connected to kitchen. Great value and location. Walking distance to restaurants, grocery, and entertainment. Easy bike ride to the beach or village.

Last Agent to Sell the Property

Kelly Ross

BHHS Hodnett Cooper Real Estate License #342420 Listed on: 12/27/2018

BHHS Hodnett Cooper Real Estate

Co-Listed By

Pat Hodnett Cooper

BHHS Hodnett Cooper Real Estate License #119715

Last Buyer's Agent

Jonathan Shipley

Banker Real Estate License #261875

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,611

Year Built

  • Built in 1979

HOA Fees

  • $286 Monthly HOA Fees

Parking

  • 2 Parking Spaces

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
  • Cable TV Available

Additional Features

  • Galley Kitchen
  • Laundry in Kitchen

Community Details

  • Island Retreat Condos Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-13223

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,611

Year Built

Built in 1979

Lot Details

0

HOA Fees

$286 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: ,,,
  • Co List Office Mls Id: 139
  • Co List Office Phone: 912-638-5450
  • Subdivision Name: Island Retreat Condos
  • Directions: Island Retreat is off Demere Road behind McDonalds. Gated complex. Need a code to enter.
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1979
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Galley Kitchen

Exterior Features

  • Lot Features: Flood Zone
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Kitchen
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 286.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • 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%
Views
268
Current Estimated Value
$405,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242
Avg. Annual Appreciation
0.81%
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

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 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 $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 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

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1606159

Golden Isles Association of REALTORS®

APN: 04-13223