NOT LISTED FOR SALE

2514 Demere Rd Unit 5 Saint Simons Island, GA 31522

Estimated Value: $340,000 - $379,000

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

Last Sold April 09, 2024

Last sale price $350,000 $292 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,664/month

34 Days on Market

Highlights

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

About This Home

As of April 2024

Beautifully updated 2 bedroom, 2 bath condo with tile floors is located on the upper floor of the complex. Nicely furnished and ready to move into to start island living! This gated condo complex is centrally located and convenient to many shops and restaurants. Interior features include a modern kitchen with custom cabinetry and granite countertops, tiled kitchen, bathrooms, and sun porch, abundant closet space, and molding throughout. Community amenities include a swimming pool, clubhouse, fitness center, tennis court, and lushly landscaped grounds. There are no rental restrictions here. Easy to show. Be sure to check out the virtual tour!

Last Agent to Sell the Property

Michael Banker

Banker Real Estate License #338485 Listed on: 02/06/2024

Last Buyer's Agent

Susan Parks

Keller Williams Realty Golden Isles License #1751997

Keller Williams Realty Golden Isles

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,307

Year Built

  • Built in 1985

HOA Fees

  • $297 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 04-13279

Community Details

Overview

  • Association fees include management, insurance, ground maintenance, pest control, recreation facilities, reserve fund, sewer, trash, water
  • Island Retreat Condos Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

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

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,307

Year Built

Built in 1985

Lot Details

0

HOA Fees

$297 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: ,,,
  • Subdivision Name: Island Retreat Condos
  • Directions: Demere Rd, right in between McDonalds and United Community Bank. Follow around to right, Enter Island Retreat Gate, Right to Bldg 2514
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1985
  • Property Sub Type Additional: Condominium
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1200.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Pool Features: Association
  • Disclosures: Covenants/Restrictions Disclosure

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Security: Gated Community

Condo/Co-op/Association

  • Amenities: Fitness Center, Gated, Barbecue, Picnic Area, Playground, Pool, Pets Allowed, Tennis Court(s)
  • Association Fee: 297.0
  • Association Fee Frequency: Monthly
  • 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

  • Current Use: Residential
  • Parcel #: 04-13279
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2307.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2024
Closed on
Apr 9, 2024
Sold by
Prince Stephen G
Bought by
Smith Nicolas Jason
Seller's Agent
Michael Banker
Banker Real Estate
Buyer's Agent
Susan Parks
Keller Williams Realty Golden Isles
List Price
$355,000
Sold Price
$350,000
Premium/Discount to List
-$5,000
-1.41%
Views
104
Current Estimated Value
$376,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,339
Avg. Annual Appreciation
3.41%
Original Mortgage
$262,500
Outstanding Balance
$259,697
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$106,137

Purchase Details

Listed on
Mar 16, 2018
Closed on
Jun 29, 2018
Sold by
Daugherty Larry D
Bought by
Prince Stephen G and Prince Carol C
Seller's Agent
Kelli Taylor Osteen
Signature Properties Group Inc.
Buyer's Agent
Michael Banker
Banker Real Estate
List Price
$168,000
Sold Price
$165,000
Premium/Discount to List
-$3,000
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.89%

Purchase Details

Closed on
May 5, 2006
Sold by
Hodnett Cooper Hodnett Llc
Bought by
Daugherty Larry D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,143
Interest Rate
6.39%
Mortgage Type
New Conventional
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
Smith Nicolas Jason $350,000 --
Prince Stephen G $165,000 --
Daugherty Larry D $227,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Nicolas Jason $262,500
Previous Owner Daugherty Larry D $195,200
Previous Owner Daugherty Larry D $193,143
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2024 04/09/24 Sold $350,000 -1.4% $292 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
02/24/2024 02/24/24 For Sale $355,000 0.0% $296 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $355,000 +115.2% $296 / Sq Ft
06/29/2018 06/29/18 Sold $165,000 -1.8% $138 / Sq Ft
05/09/2018 05/09/18 Pending -- -- --
03/16/2018 03/16/18 For Sale $168,000 -- $140 / 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 $1,122 $46,560 $0 $46,560
2014 $1,122 $46,560 $0 $46,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1644710

Golden Isles Association of REALTORS®

APN: 04-13279