NOT LISTED FOR SALE

2508 Demere Rd Unit 5 Saint Simons Island, GA 31522

Estimated Value: $337,000 - $387,000

2 Beds
2 Baths
1,200 Sq Ft
1979 Built

Last Sold August 26, 2022

Last sale price $315,000 $262 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,200/month

3 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Community Pool
  • St. Simons Elementary School Rated A-
  • Furnished
  • Tennis Courts

About This Home

As of August 2022

Fantastic opportunity to purchase a Turn Key AirBNB/VRBO business with bookings throughout the year! This Condo offers some privacy, it's an end unit on second floor overlooking a common grassy area. The condo was completely renovated in 2020 including stainless appliances, HVAC, Water Heater, Vinyl Plank Flooring, Bathrooms as well as new furnishings too. Located in Gated Island Retreat subdivision, this community has walking paths, workout room, swimming pool, playground, tennis courts and bike racks. Close proximity to restaurants, shopping, bike rental company, golf cart rental company, all the amenities that make this a great place to live or vacation! Showings are limited due to vacationers renting, so please look at all the photos and we can send you the link to the AirBNB listing. This unit is well represented on VRBO and AirBNB with excellent reviews and booking history. See documents for floor plan and covenants.

Last Agent to Sell the Property

Stephanie Webb-Foster

BHHS Hodnett Cooper Real Estate BWK License #245521 Listed on: 06/29/2022

BHHS Hodnett Cooper Real Estate BWK

Co-Listed By

Erin Vaughn

BHHS Hodnett Cooper Real Estate BWK License #321425

Last Buyer's Agent

Non-Member Solds Only (Outside) Non-Members Solds Only

Non-member for solds only

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,965

Year Built

  • Built in 1979

Lot Details

  • Property fronts a freeway
  • 1 Common Wall
  • Fenced
  • Landscaped

Home Design

  • Slab Foundation
  • Fire Rated Drywall
  • Asphalt Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Furnished
  • Ceiling Fan

Kitchen

  • Galley Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Hall
  • Dryer
  • Washer

Home Security

Parking

  • Garage
  • Parking Storage or Cabinetry
  • Parking Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 04-13231

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, insurance, ground maintenance, pest control, recreation facilities, reserve fund, sewer, trash, water, road maintenance
  • Island Retreat HOA, Phone Number (912) 638-4750
  • Island Retreat Condos Subdivision

Amenities

  • Shops

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,965

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: ,,,
  • Road Frontage Type: Freeway
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: 142
  • Co List Office Phone: 912-638-5450
  • Ownership: Condo
  • Subdivision Name: Island Retreat Condos
  • Directions: From Demere Road, turn onto S Island Square Drive and continue straight. Gated entrance to Island Retreat.
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1979
  • Property Sub Type Additional: Condominium
  • ResoBuildingAreaSource: Other
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Appliances: Some Electric Appliances, Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Vinyl
  • Interior Amenities: Galley Kitchen, Ceiling Fan(s)
  • Living Area: 1200.0
  • ResoLivingAreaSource: Other

Exterior Features

  • Fencing: Fenced
  • Lot Features: Subdivision, Landscaped
  • Pool Features: Association
  • View: Other, Residential
  • Waterfront: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Common Walls: 1 Common Wall
  • Construction Type: Drywall
  • Foundation Details: Slab
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Paved, Parking Lot, Storage

Utilities

  • Laundry Features: In Hall, Laundry Room, Washer Hookup, Dryer Hookup
  • Security: Gated Community, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Sewer Available, Sewer Connected, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Shopping, Street Lights
  • Amenities: Fitness Center, Gated, Playground, Pool, Pets Allowed, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association Name: Island Retreat HOA
  • Phone: 912-638-4750
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Insurance, Maintenance Grounds, Pest Control, Recreation Facilities, Reserve Fund, Sewer, Trash, Water, Road Maintenance

Schools

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

Lot Info

  • Current Use: Residential
  • Parcel #: 04-13231
  • Zoning Description: Condo
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Weekly

Tax Info

  • Tax Annual Amount: 1965.0
  • Tax Book Number: 4334/331
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2024
Sold by
Stallings Properties Llc
Bought by
Stallings Jennifer L and Stallings Scott V
Current Estimated Value
$360,754

Purchase Details

Listed on
Jun 29, 2022
Closed on
Sep 7, 2022
Sold by
Stallings Scott V
Bought by
Stallings Properties Llc
Seller's Agent
Stephanie Webb-Foster
BHHS Hodnett Cooper Real Estate BWK
Buyer's Agent
Non-Member Solds Only (Outside) Non-Members Solds Only
Non-member for solds only
List Price
$299,900
Sold Price
$315,000
Premium/Discount to List
$15,100
5.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$236,250
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2022
Closed on
Aug 26, 2022
Sold by
Amman Mark D
Bought by
Stallings Scott V and Stallings Jennifer L
Seller's Agent
Stephanie Webb-Foster
BHHS Hodnett Cooper Real Estate BWK
Buyer's Agent
Non-Member Solds Only (Outside) Non-Members Solds Only
Non-member for solds only
List Price
$299,900
Sold Price
$315,000
Premium/Discount to List
$15,100
5.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 4, 2020
Closed on
Nov 30, 2020
Sold by
Hodnett Cooper Hodnet Llc
Bought by
Amman Mark D and Blandford Jennifer S
Seller's Agent
Kelly Ross
BHHS Hodnett Cooper Real Estate
Buyer's Agent
Stephanie Webb-Foster
BHHS Hodnett Cooper Real Estate BWK
List Price
$219,000
Sold Price
$215,000
Premium/Discount to List
-$4,000
-1.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.55%
Original Mortgage
$161,250
Interest Rate
2.8%
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
Stallings Jennifer L -- --
Stallings Properties Llc -- --
Stallings Scott V $315,000 --
Amman Mark D $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stallings Scott V $236,250
Previous Owner Amman Mark D $161,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $315,000 +5.0% $263 / Sq Ft
07/03/2022 07/03/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $299,900 +39.5% $250 / Sq Ft
11/30/2020 11/30/20 Sold $215,000 -1.8% $179 / Sq Ft
10/31/2020 10/31/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $219,000 0.0% $183 / Sq Ft
01/29/2014 01/29/14 Rented -- -- --
01/29/2014 01/29/14 For Rent $975 -- --
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 $3,461 $138,000 $0 $138,000
2023 $3,096 $126,000 $0 $126,000
2022 $2,307 $92,000 $0 $92,000
2021 $1,965 $76,000 $0 $76,000
2020 $1,723 $66,000 $0 $66,000
2019 $1,723 $66,000 $0 $66,000
2018 $1,465 $66,000 $0 $66,000
2017 $1,579 $60,480 $0 $60,480
2016 $1,452 $60,480 $0 $60,480
2015 $979 $46,560 $0 $46,560
2014 $979 $40,624 $0 $40,624
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Webb-Foster

    Seller's Agent in 2022

    Stephanie Webb-Foster

    BHHS Hodnett Cooper Real Estate BWK

    (912) 223-0604

    35 in this area

    361 Total Sales

    Stephanie Webb-Foster
    Section Image
  • Erin Vaughn

    Seller Co-Listing Agent in 2022

    Erin Vaughn

    BHHS Hodnett Cooper Real Estate BWK

    (912) 223-2201

    31 in this area

    382 Total Sales

    Erin Vaughn
    Section Image

  • N

    Buyer's Agent in 2022

    Non-Member Solds Only (Outside) Non-Members Solds Only

    Non-member for solds only

  • Kelly Ross

    Seller's Agent in 2020

    Kelly Ross

    BHHS Hodnett Cooper Real Estate

    (912) 269-6710

    56 in this area

    72 Total Sales

    Kelly Ross
    Section Image

  • L

    Seller Co-Listing Agent in 2020

    Luke Pigge

    BHHS Hodnett Cooper Real Estate

    Section Image
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1634939

Golden Isles Association of REALTORS®

APN: 04-13231

Georgia Glynn County Saint Simons Island 31522

2508 Demere Rd Unit 5, Saint Simons Island, GA

This home is located at 2508 Demere Rd Unit 5, Saint Simons Island, GA 31522 since 29 June 2022 and is currently estimated at $360,754, approximately $300 per square foot. This property was built in 1979. 2508 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Golden Isles Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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