NOT LISTED FOR SALE

2507 Demere Rd Unit 8 Saint Simons Island, GA 31522

Estimated Value: $373,000 - $404,020

3 Beds
2 Baths
1,350 Sq Ft
$292/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $387,000 $287 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,391/month

Highlights

  • In Ground Pool
  • Tile Flooring
  • Central Heating and Cooling System
  • St. Simons Elementary School Rated A-

About This Home

As of March 2024

*For Comp purpose only* Spacious Second Floor condo with 3 bedrooms and 2 full baths, furnished, in a gated community with pool, work out room and tennis courts and no rent restrictions! All of this in a great location close to everything on St. Simons Island including walking distance to restaurants and shopping and a short drive or bike ride (Approx 2 miles) to the beach and Village.

Last Agent to Sell the Property

Melvin Charles Tapley

South Central Realty License #370746 Listed on: 02/27/2024

Last Buyer's Agent

Melvin Charles Tapley

South Central Realty License #370746 Listed on: 02/27/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,539

Year Built

  • Built in 1985

Home Design

  • Duplex
  • Slab Foundation
  • Vinyl Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,350 Sq Ft Home
  • 2-Story Property

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Pad
  • Parking Available
  • Open Parking

Additional Features

  • In Ground Pool
  • 44 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0413226

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,539

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Duplex,Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.001
  • Subdivision Name: --
  • Directions: In gated community behind Starbucks. *For Comp purpose only*
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built: 1985
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Stove, Dishwasher, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Living Area: 1350

Exterior Features

  • Lot Features: Less than 1 Acre
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Concrete, Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Parking Pad, Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: Company: Ga Power
  • Sewer: Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 43.56
  • Parcel #: 0413226
  • Zoning: R1
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 3538.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Mar 28, 2024
Sold by
Williams Krystal Nicole
Bought by
Hooks Collins Joy and Blaire Collins Lindsay
Seller's Agent
Melvin Charles Tapley
South Central Realty
Buyer's Agent
Melvin Charles Tapley
South Central Realty
List Price
$389,900
Sold Price
$387,000
Premium/Discount to List
-$2,900
-0.74%
Views
224
Current Estimated Value
$394,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,255
Avg. Annual Appreciation
2.12%
Original Mortgage
$309,600
Outstanding Balance
$306,419
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$92,960

Purchase Details

Listed on
Sep 28, 2017
Closed on
Nov 14, 2017
Sold by
Clements William D
Bought by
Williams Krystal
Seller's Agent
Wanda Greeson
BHHS Hodnett Cooper Real Estate
Buyer's Agent
Carla Jernigan
Signature Properties Group Inc.
List Price
$199,900
Sold Price
$197,400
Premium/Discount to List
-$2,500
-1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.15%
Original Mortgage
$151,200
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 1, 2015
Closed on
Nov 30, 2015
Sold by
Hodnett Cooper L
Bought by
Clements William D and Clements Christie C
Seller's Agent
Kelly Ross
BHHS Hodnett Cooper Real Estate
Buyer's Agent
Wanda Greeson
BHHS Hodnett Cooper Real Estate
List Price
$182,500
Sold Price
$182,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%
Original Mortgage
$182,500
Interest Rate
3.83%
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 Buyer Sale Price Title Company
Hooks Collins Joy $387,000 --
Williams Krystal $197,400 --
Clements William D $182,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hooks Collins Joy $309,600
Previous Owner Williams Krystal $151,200
Previous Owner Clements William D $182,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $387,000 -0.7% $287 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $389,900 +97.5% $289 / Sq Ft
11/14/2017 11/14/17 Sold $197,400 -1.3% $146 / Sq Ft
10/08/2017 10/08/17 Pending -- -- --
09/28/2017 09/28/17 For Sale $199,900 +9.5% $148 / Sq Ft
11/30/2015 11/30/15 Sold $182,500 0.0% $135 / Sq Ft
10/31/2015 10/31/15 Pending -- -- --
10/01/2015 10/01/15 For Sale $182,500 +4.3% $135 / Sq Ft
08/31/2015 08/31/15 Sold $175,000 0.0% $130 / Sq Ft
08/01/2015 08/01/15 Pending -- -- --
07/01/2015 07/01/15 For Sale $175,000 -- $130 / Sq Ft
Source: Altamaha Basin Board 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 $2,010 $77,000 $0 $77,000
2019 $1,943 $74,400 $0 $74,400
2018 $1,943 $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: Altamaha Basin Board of REALTORS®

MLS Number: 21518

APN: 04-13226