NOT LISTED FOR SALE

401 Reserve Ln Saint Simons Island, GA 31522

Estimated Value: $548,477 - $569,000

3 Beds
2.5 Baths
1,772 Sq Ft
$316/Sq Ft Est. Value

Last Sold March 21, 2022

Last sale price $495,000 $279 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,591/month

24 Days on Market

Highlights

  • In Ground Pool
  • Lake View
  • Community Lake
  • St. Simons Elementary School Rated A-
  • Waterfront
  • Pond

About This Home

As of March 2022

You don't want to miss this beautiful END UNIT at The Reserve at Demere. This townhome has an awesome LAKE VIEW, and has only had one tenant who kept it in excellent condition. Home features quality construction with 9 foot ceilings, hardwood floors on main floor, granite countertops, and stainless appliances. Master bath features double vanity, separate shower with beautiful tile, and spacious walk-in closet. The Reserve at Demere is a highly coveted complex in a great location that features beautiful landscaping and in-ground community pool. Unit is in an X zone, is a short walk from the pool, and is being sold unfurnished.

Last Agent to Sell the Property

Betsy Polhill

Signature Properties Group Inc. License #219291 Listed on: 02/24/2022

Co-Listed By

Ken Sausedo

DeLoach Sotheby's International Realty License #385252

Last Buyer's Agent

Clarke Downey

Golden Isles Realty License #136770

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,140

Year Built

  • Built in 2014

Lot Details

  • 2,178 Sq Ft Lot
  • Waterfront
  • Landscaped

HOA Fees

  • $210 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,772 Sq Ft Home
  • Ceiling Fan
  • Lake Views
  • Dishwasher
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • In Ground Pool
  • Pond

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 04-14622

Community Details

Overview

  • Association fees include management, ground maintenance, recreation facilities, reserve fund
  • The Reserve At Demere Townhomes Subdivision
  • Community Lake

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,140

Year Built

Built in 2014

Lot Details

0

HOA Fees

$210 per month

Parking

1

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.05
  • Lot Size: ,,,
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: 52
  • Co List Office Phone: 912-634-9995
  • Inclusions: Alarm-Smoke/Fire,Refrigerator
  • Ownership: Fee Simple
  • Subdivision Name: The Reserve at Demere Townhomes (Fee Simple)
  • Directions: From the Torras Causeway coming on to Saint Simons, merge onto Sea Island Road, then turn right onto Demere Rd. After aprox. 1/4 mile, turn right into "The Reserve at Demere." 401 will be on your left.
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 2014
  • Property Sub Type Additional: Townhouse
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour

Interior Features

  • Private Spa: No
  • Appliances: Dishwasher, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1772.0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: Landscaped, Pond
  • Pool Features: In Ground, Pool, Association
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Common Walls: End Unit

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake
  • Amenities: Pool
  • Association Fee: 210.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Recreation Facilities, Reserve Fund

Schools

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

Lot Info

  • Parcel #: 04-14622
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 3315/299

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
Mar 21, 2022
Sold by
Price John E
Bought by
Liles Lee P and Liles Francine W
Seller's Agent
Betsy Polhill
Signature Properties Group Inc.
Buyer's Agent
Clarke Downey
Golden Isles Realty
List Price
$499,000
Sold Price
$495,000
Premium/Discount to List
-$4,000
-0.8%
Current Estimated Value
$559,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,119
Avg. Annual Appreciation
3.36%

Purchase Details

Listed on
Jan 7, 2014
Closed on
Jun 17, 2014
Sold by
Palmetto Building Grp Llc
Bought by
Price John E and Price Deborah S
Seller's Agent
LeAnn Duckworth
Duckworth Properties BWK
Buyer's Agent
Angela Golden
Sea Georgia Realty
List Price
$230,900
Sold Price
$214,900
Premium/Discount to List
-$16,000
-6.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.35%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Liles Lee P $495,000 --
Price John E $214,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2022 03/21/22 Sold $495,000 -0.8% $279 / Sq Ft
02/24/2022 02/24/22 For Sale $499,000 +132.2% $282 / Sq Ft
06/17/2014 06/17/14 Sold $214,900 -6.9% $124 / Sq Ft View Prior Sale
02/17/2014 02/17/14 Pending -- -- --
01/07/2014 01/07/14 For Sale $230,900 -- $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
2025 $5,140 $204,960 $36,000 $168,960
2024 $5,140 $204,960 $36,000 $168,960
2023 $4,628 $183,240 $36,000 $147,240
2022 $3,681 $141,800 $24,000 $117,800
2021 $3,420 $127,400 $18,000 $109,400
2020 $3,451 $127,400 $18,000 $109,400
2019 $3,451 $127,400 $18,000 $109,400
2018 $2,974 $113,920 $18,000 $95,920
2017 $2,885 $105,720 $18,000 $87,720
2016 $2,525 $100,000 $18,000 $82,000
2015 $318 $85,960 $18,000 $67,960
2014 $318 $8,000 $8,000 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Betsy Polhill

    Signature Properties Group Inc.

    (912) 634-9995

    24 in this area

    28 Total Sales

    Betsy Polhill
    Section Image

  • K

    Seller Co-Listing Agent in 2022

    Ken Sausedo

    DeLoach Sotheby's International Realty

    (912) 223-1918

    45 in this area

    62 Total Sales

    Ken Sausedo
    Section Image

  • C

    Buyer's Agent in 2022

    Clarke Downey

    Golden Isles Realty

    (912) 222-0301

    3 in this area

    4 Total Sales

    Clarke Downey
    Section Image
  • LeAnn Duckworth

    Seller's Agent in 2014

    LeAnn Duckworth

    Duckworth Properties BWK

    (912) 266-7675

    140 in this area

    591 Total Sales

    LeAnn Duckworth
    Section Image
  • Angela Golden

    Buyer's Agent in 2014

    Angela Golden

    Sea Georgia Realty

    (912) 571-1736

    10 in this area

    111 Total Sales

    Angela Golden
    Section Image
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1632590

Golden Isles Association of REALTORS®

APN: 04-14622

Georgia Glynn County Saint Simons Island 31522

401 Reserve Ln, Saint Simons Island, GA

Not Listed for Sale

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