NOT LISTED FOR SALE

2509 Demere Rd Unit 1 Saint Simons Island, GA 31522

Estimated Value: $339,000 - $386,000

2 Beds
2 Baths
-- Sq Ft
$27/mo HOA Fee

Last Sold February 28, 2024

Last sale price $359,000

Est. 2% increase in value since last sale

Current estimated payment $2,258/month

198 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Carpet
  • St. Simons Elementary School Rated A-
  • Cooling Available

About This Home

As of February 2024

Great opportunity for new personal residence or investment property on lovely St. Simons Island. This Ground floor 2 bedroom, 2 bath condo is freshly painted and has new flooring. It also has a new washer/dryer. Ready to move in!
This property offers access to the pool, tennis courts, playground and fitness center. It offers long and short term rentals.

Last Agent to Sell the Property

Sally Jones

Golden Isles Realty License #162362 Listed on: 07/17/2023

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

  • $3,461

Year Built

  • Built in 1984

HOA Fees

  • $27 Monthly HOA Fees

Home Design

  • Concrete Perimeter Foundation

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Paved Parking

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-13235

Community Details

Overview

  • Association fees include management, ground maintenance, pest control, recreation facilities
  • Island Retreat Condos Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,461

Year Built

Built in 1984

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: ,,,
  • Subdivision Name: Island Retreat Condos
  • Directions: Off Demere, turn onto road between McDolnalds and United Bank, veer right into Island Retreat. Must have gate code to enter. 2509 is in the back of complex. Number on building
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1984
  • Property Sub Type Additional: Condominium
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Oven, Range
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Pool Features: Association
  • Disclosures: Covenants/Restrictions Disclosure
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: Paved
  • Total Parking Spaces: 2.0

Utilities

  • Security: Gated Community
  • Cooling: Electric, Heat Pump
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated
  • Amenities: Gated, Pool
  • Association #2 Fee: 322.0
  • Association #2 Fee Frequency: Annually

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Pest Control, Recreation Facilities

Schools

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

Lot Info

  • Parcel #: 04-13235
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Multi Family

  • Existing Lease Type: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Feb 28, 2024
Sold by
Tarpon Dunes Llc
Bought by
Wood Frank Maxwell
Seller's Agent
Sally Jones
Golden Isles Realty
Buyer's Agent
Non-Member Solds Only (Outside) Non-Members Solds Only
Non-member for solds only
List Price
$385,000
Sold Price
$359,000
Premium/Discount to List
-$26,000
-6.75%
Views
376
Current Estimated Value
$366,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,496
Avg. Annual Appreciation
1.88%
Original Mortgage
$319,510
Outstanding Balance
$310,890
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$58,858

Purchase Details

Listed on
Oct 19, 2018
Closed on
Oct 23, 2018
Sold by
Hodnett Cooper & Hodnett Llc
Bought by
Tarpon Dunes Llc
Seller's Agent
Kelly Ross
BHHS Hodnett Cooper Real Estate
Buyer's Agent
Melanie Barger
BHHS Hodnett Cooper Real Estate
List Price
$170,500
Sold Price
$170,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.93%
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
Wood Frank Maxwell $359,000 --
Tarpon Dunes Llc $170,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Frank Maxwell $319,510
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2024 02/28/24 Sold $359,000 -1.6% --
02/01/2024 02/01/24 Pending -- -- --
01/17/2024 01/17/24 Price Changed $365,000 -2.7% --
11/14/2023 11/14/23 Price Changed $375,000 -2.6% --
10/09/2023 10/09/23 For Sale $385,000 0.0% --
10/05/2023 10/05/23 Pending -- -- --
10/02/2023 10/02/23 For Sale $385,000 +7.2% --
08/29/2023 08/29/23 Off Market $359,000 -- --
07/17/2023 07/17/23 For Sale $399,000 +134.0% --
10/23/2018 10/23/18 Sold $170,500 0.0% $142 / Sq Ft
10/19/2018 10/19/18 For Sale $170,500 0.0% $142 / Sq Ft
02/09/2016 02/09/16 Rented -- -- --
02/09/2016 02/09/16 For Rent $1,100 -- --
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

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1641107

Golden Isles Association of REALTORS®

APN: 04-13235