NOT LISTED FOR SALE

2513 Demere Rd Unit 5 Saint Simons Island, GA 31522

Estimated Value: $369,366 - $380,000

3 Beds
2 Baths
1,350 Sq Ft
$325/mo HOA Fee

Last Sold January 20, 2022

Last sale price $330,000 $244 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,600/month

10 Days on Market

Highlights

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

About This Home

As of January 2022

Come see this three bedroom furnished condo on the south end of St. Simons! Located in the popular and well maintained Island Retreat, which is a gated complex with pool, exercise room and tennis courts. Great walkability score using the walk/bike paths and easy on and off the island. Great rental numbers for investors and no minimum rental terms, but Island Retreat is also great for full timers. Full laundry room with pantry shelving and a great closet storage, including walk in closet in master bedroom. No carpet, granite countertops, window coverings and up to date appliances. Roofs recently replaced in complex. Rental numbers available upon request.

Last Agent to Sell the Property

Michele Beveridge

Banker Real Estate License #279819 Listed on: 12/10/2021

Last Buyer's Agent

Belinda Thomas

Belinda Thomas Realty, Inc. License #104140

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,611

Year Built

  • Built in 1979

Lot Details

  • Fenced
  • Landscaped

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Slab Foundation
  • Metal Roof

Interior Spaces

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 04-13271

Community Details

Overview

  • Association fees include management, ground maintenance, pest control, recreation facilities, reserve fund, sewer, trash, water
  • Island Retreat Condo Association, Phone Number (912) 638-5450
  • Island Retreat Condos Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Shops

Recreation

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

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,611

Year Built

Built in 1979

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: ,,,
  • Subdivision Name: Island Retreat Condos
  • Directions: Located behind Demere Grill and United Community Bank off Demere.
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1979
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1350.0
  • Stories: 2

Exterior Features

  • Fencing: Fenced
  • Lot Features: Landscaped
  • Pool Features: In Ground, Pool, Association
  • Disclosures: Covenants/Restrictions Disclosure
  • Foundation Details: Slab
  • Other Structures: Pool House
  • Roof: Metal

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Security: Gated Community

Condo/Co-op/Association

  • Community Features: Gated, Shopping
  • Amenities: Fitness Center, Gated, Barbecue, Picnic Area, Playground, Pool, Tennis Court(s)
  • Association Fee: 325.0
  • Association Fee Frequency: Monthly
  • Association Name: Island Retreat Condo Association
  • Phone: 912-638-5450
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, 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

  • Current Use: Residential
  • Parcel #: 04-13271
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 4056/315

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2021
Closed on
Jan 20, 2022
Sold by
Smead Eric
Bought by
Borg Michael J and Borg Arlene
Seller's Agent
Michele Beveridge
Banker Real Estate
Buyer's Agent
Belinda Thomas
Belinda Thomas Realty, Inc.
List Price
$325,000
Sold Price
$330,000
Premium/Discount to List
$5,000
1.54%
Current Estimated Value
$373,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,842
Avg. Annual Appreciation
3.29%
Original Mortgage
$297,000
Outstanding Balance
$274,918
Interest Rate
3.45%
Mortgage Type
Cash
Estimated Equity
$98,924

Purchase Details

Listed on
May 29, 2019
Closed on
Jun 28, 2019
Sold by
Hodnett Cooper Hodnett Llc
Bought by
Smead Eric
Seller's Agent
Kelly Ross
BHHS Hodnett Cooper Real Estate
Buyer's Agent
Michele Beveridge
Banker Real Estate
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
23.33%
Original Mortgage
$173,250
Interest Rate
3.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Borg Michael J $330,000 --
Smead Eric $192,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borg Michael J $297,000
Previous Owner Smead Eric $173,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/20/2022 01/20/22 Sold $330,000 +1.5% $244 / Sq Ft
12/21/2021 12/21/21 Pending -- -- --
12/10/2021 12/10/21 For Sale $325,000 +68.8% $241 / Sq Ft
06/28/2019 06/28/19 Sold $192,500 0.0% $143 / Sq Ft View Prior Sale
05/29/2019 05/29/19 For Sale $192,500 0.0% $143 / Sq Ft
03/24/2016 03/24/16 Rented -- -- --
02/23/2016 02/23/16 Under Contract -- -- --
01/23/2014 01/23/14 For Rent $1,250 -- --
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
2025 $3,611 $144,000 $0 $144,000
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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1631498

Golden Isles Association of REALTORS®

APN: 04-13271