$325,000
SOLD DEC 28, 2022

2509 Demere Rd Unit 6 Saint Simons Island, GA 31522

2 Beds
2 Baths
1,200 Sq Ft
$297/mo HOA Fee

Recently Sold

$271 Per Sq Ft

11% Below List Price

75 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Contemporary Architecture
  • St. Simons Elementary School Rated A-
  • Gated Community
  • Furnished

About This Home

As of December 2022

Clean, fresh, partially renovated with new paint and flooring. Beautifully furnished, exquisitely decorated, and absolutely ready to move in! The sunroom has a closet and can be an additional bedroom. There are no rental restrictions here. This has been in the vacation rental program and has a rental history with gross income at $80,000, $3,235.69 monthly for 25 months (rental log provided). The Owners and Management Company have kept up on all routine maintenance and it shows! Location is prime on South Island. Island Retreat offers a pool, tennis courts, pickleball, work out facility, and walking distance to restaurants, shopping, and easy on/off the Island.

Last Agent to Sell the Property

Janice Morgan

Signature Properties Group Inc. License #345003 Listed on: 09/21/2022

Last Buyer's Agent

Sharon Foster

N R Foster Properties, Inc. License #100251

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,965

Year Built

  • Built in 1985

Lot Details

  • Property fronts a county road
  • 1 Common Wall

HOA Fees

  • $297 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Asphalt Roof
  • Concrete Siding
  • Vinyl Siding

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Paved Parking
  • Guest Parking
  • Parking Lot

Schools

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

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 04-13240

Community Details

Overview

  • Association fees include management, insurance, ground maintenance, pest control, recreation facilities, reserve fund, sewer, trash, water
  • Island Retreat Homeowners Association, Phone Number (912) 638-4750
  • Island Retreat Condos Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • 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 1985

Lot Details

0

HOA Fees

$297 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: ,,,
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Inclusions: Alarm-Smoke/Fire,Dryer,Refrigerator,Washer,Other-See Remarks
  • 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 Bldg 2509 GATE= #1258
  • Architectural Style: Contemporary
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1985
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Pool Features: In Ground, Association
  • Disclosures: Covenants/Restrictions Disclosure
  • Common Walls: 1 Common Wall
  • Construction Type: Concrete, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Porch, Screened
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Guest, Paved, Parking Lot

Utilities

  • Security: Gated Community, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Shopping, Street Lights
  • Amenities: Fitness Center, Gated, Barbecue, Picnic Area, Playground, Pool, Pets Allowed, Tennis Court(s)
  • Association Fee: 297.0
  • Association Fee Frequency: Monthly
  • Association Name: Island Retreat Homeowners Association
  • 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

Schools

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

Lot Info

  • Parcel #: 04-13240
  • Zoning Description: Condo
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1965.0
  • Tax Book Number: 3881-142
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2018
Closed on
Apr 25, 2018
Sold by
Leonard Nina
Bought by
Stroud Nancy
Seller's Agent
Keith Dean
BHHS Hodnett Cooper Real Estate
Buyer's Agent
Janice Morgan
Signature Properties Group Inc.
List Price
$169,000
Sold Price
$169,000
Current Estimated Value
$367,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,700
Avg. Annual Appreciation
11.28%
Original Mortgage
$135,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 1, 2015
Closed on
Mar 20, 2015
Sold by
Hodnett Cooper L
Bought by
Leonard Nina Y
Seller's Agent
Kelly Ross
BHHS Hodnett Cooper Real Estate
Buyer's Agent
Jeffery Williams, Jr., Associate
BHHS Hodnett Cooper Real Estate
List Price
$159,000
Sold Price
$159,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.99%
Source: Public Records

Range of Values:

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Average Value
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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 $169,000 --
Warranty Deed $159,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $135,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2022 12/28/22 Sold $325,000 -10.9% $271 / Sq Ft
12/05/2022 12/05/22 Pending -- -- --
09/21/2022 09/21/22 For Sale $364,900 +115.9% $304 / Sq Ft
04/25/2018 04/25/18 Sold $169,000 0.0% $141 / Sq Ft
03/10/2018 03/10/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $169,000 +6.3% $141 / Sq Ft
03/20/2015 03/20/15 Sold $159,000 0.0% $133 / Sq Ft
02/18/2015 02/18/15 Pending -- -- --
01/01/2015 01/01/15 For Sale $159,000 -- $133 / Sq Ft
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 $1,859 $71,200 $0 $71,200
2019 $1,723 $66,000 $0 $66,000
2018 $1,723 $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: 1636404

Golden Isles Association of REALTORS®

APN: 04-13240