NOT LISTED FOR SALE

2511 Demere Rd Unit 8 Saint Simons Island, GA 31522

Estimated Value: $398,000 - $417,000

3 Beds
2 Baths
1,400 Sq Ft
$348/mo HOA Fee

Last Sold August 12, 2022

Last sale price $370,000 $264 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,846/month

4 Days on Market

Highlights

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

About This Home

As of August 2022

Meticulously maintained 3 bedroom/ 2 bathroom condo available in Island Retreat. This unit is clean, bright and sunny and has been nicely updated. Furnished in a comfortable coastal style (furnishings remain) this second floor property boasts 1400 square feet and would make a fantastic second home or short/long term rental investment. Wonderful mid-south location, within walking distance to restaurants and stores. This condo has been a very successful property on Airbnb, and rental history will be provided upon request. Island Retreat offers a pool, workout room, tennis court and play ground.

Last Agent to Sell the Property

Gina Hager-Moitoso

Banker Real Estate License #392165 Listed on: 05/02/2022

Last Buyer's Agent

Mary Hunt

DeLoach Sotheby's International Realty License #220283

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,312

Year Built

  • Built in 1985

Lot Details

  • 1 Common Wall

HOA Fees

  • $348 Monthly HOA Fees

Home Design

  • Metal Roof
  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • Furnished
  • Ceiling Fan

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Paved Parking

Outdoor Features

  • In Ground Pool
  • Outdoor Grill

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 04-13258

Community Details

Overview

  • Association fees include management, maintenance structure, pest control, recreation facilities, reserve fund, sewer, trash, water
  • 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

$2,312

Year Built

Built in 1985

Lot Details

0

HOA Fees

$348 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: ,,,
  • Subdivision Name: Island Retreat Condos
  • Directions: Turn at McDonalds on Demere and stay right. Turn right after the gate and building will be on right.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Efficiency: Thermostat
  • Year Built: 1985
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1400.0

Exterior Features

  • Pool Features: In Ground, Pool, Association
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Common Walls: 1 Common Wall
  • Construction Type: Concrete, Vinyl Siding
  • Exterior Features: Outdoor Grill, Tennis Court(s)
  • Roof: Metal

Garage/Parking

  • Parking Features: Paved
  • Total Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated, Shopping
  • Amenities: Fitness Center, Gated, Barbecue, Picnic Area, Playground, Pool, Pets Allowed, Tennis Court(s)
  • Association Fee: 348.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Lot Info

  • Current Use: Residential
  • Parcel #: 04-13258
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2312.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Aug 11, 2021
Sold by
Ssi Pace Llc
Bought by
3 Gems Properties Llc
Seller's Agent
Mary Hunt
DeLoach Sotheby's International Realty
Buyer's Agent
Gina Hager-Moitoso
Banker Real Estate
List Price
$305,000
Sold Price
$293,850
Premium/Discount to List
-$11,150
-3.66%
Current Estimated Value
$401,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,530
Avg. Annual Appreciation
7.96%

Purchase Details

Listed on
May 24, 2019
Closed on
Aug 12, 2019
Sold by
Hodnett Cooper & Hodnett Llc
Bought by
Ssi Pace Llc
Seller's Agent
Kelly Ross
BHHS Hodnett Cooper Real Estate
Buyer's Agent
Mary Hunt
DeLoach Sotheby's International Realty
List Price
$192,500
Sold Price
$192,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.55%
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 Buyer Sale Price Title Company
3 Gems Properties Llc $293,850 --
Ssi Pace Llc $192,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dinsmore Rodrigo $277,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $370,000 0.0% $264 / Sq Ft
05/07/2022 05/07/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $370,000 +25.9% $264 / Sq Ft
08/11/2021 08/11/21 Sold $293,850 -3.7% $210 / Sq Ft
07/23/2021 07/23/21 For Sale $305,000 +58.4% $218 / Sq Ft
08/12/2019 08/12/19 Sold $192,500 0.0% $143 / Sq Ft
07/13/2019 07/13/19 Pending -- -- --
05/24/2019 05/24/19 For Sale $192,500 -- $143 / 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 $3,611 $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 $1,896 $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: 1632647

Golden Isles Association of REALTORS®

APN: 04-13258