NOT LISTED FOR SALE

502 Reserve Ln Saint Simons Island, GA 31522

Estimated Value: $558,359 - $580,000

3 Beds
2.5 Baths
1,740 Sq Ft
$325/Sq Ft Est. Value

Last Sold September 19, 2014

Last sale price $257,940 $148 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $3,721/month

108 Days on Market

Highlights

  • In Ground Pool
  • Waterfront
  • Wood Flooring
  • St. Simons Elementary School Rated A-
  • Pond
  • Woodwork

About This Home

As of September 2014

Brand New Construction Townhomes..3 Bedroom 2.5 bath, 1740 square feet finished out with custom upgrades including ceramic tile and hardwood floors, granite countertops, custom kitchen cabinets, 9 ft. ceilings, travertine back splashes, powder room, single car garage, patio and more. Not to mention, ALL Stainless Steel appliances are included, as well as blinds and wired with an alarm system! Chose all your interior colors to create your own style of living, great investment for St. Simon's..close to the beach, shopping and dining.

Last Agent to Sell the Property

LeAnn Duckworth

Duckworth Properties BWK License #245963 Listed on: 02/19/2014

Last Buyer's Agent

LeAnn Duckworth

Duckworth Properties BWK License #245963 Listed on: 02/19/2014

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,208

Year Built

  • Built in 2013 | Under Construction

Lot Details

  • Waterfront
  • Landscaped
  • Sprinkler System
  • Cleared Lot

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Driveway
  • Assigned Parking

Home Design

  • Block Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Wood Roof
  • Wood Siding
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,740 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Crown Molding

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • In Ground Pool
  • Pond
  • Open Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Phone Available

Community Details

Overview

  • Association fees include ground maintenance, recreation facilities
  • The Reserve At Demere Townhomes Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,208

Year Built

Built in 2013 | Under Construction

Lot Details

0

HOA Fees

$225 per month

Parking

1

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size: 0,0,0,0
  • Road Surface Type: Paved
  • Subdivision Name: The Reserve at Demere Townhomes (Fee Simple)
  • Directions: Proceed on Demere Road, just upon entering onto the island. As soon as you pass the Health Club, The Reserve will be on your right. It is before you get to Ace Garden Center.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Insulation
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 2013
  • Property Sub Type Additional: Townhouse
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Breakfast Bar, Crown Molding, Painted Woodwork
  • Living Area: 1740.0
  • Stories: 2

Exterior Features

  • Lot Features: Cleared, Flood Zone, Subdivision, Landscaped, Pond
  • Pool Features: In Ground, Pool, Association
  • View: Other, Residential
  • Waterfront: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Concrete, Stucco, Wood Siding, Drywall
  • Exterior Features: Curb, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Block, Slab
  • Patio And Porch Features: Open, Patio
  • Property Condition: Under Construction
  • Roof: Flat, Shingle, Wood

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Assigned, Driveway, Paved, Parking Space(s)

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Phone Available, Sewer Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Pool, Pets Allowed
  • Association Fee: 225.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Recreation Facilities

Schools

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

Lot Info

  • Zoning Description: Patio/Duplex,Res Multi
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2014
Closed on
Sep 19, 2014
Sold by
Palmetto Building Grp Llc
Bought by
Loomis Wendy
Seller's Agent
LeAnn Duckworth
Duckworth Properties BWK
Buyer's Agent
LeAnn Duckworth
Duckworth Properties BWK
List Price
$239,900
Sold Price
$257,940
Premium/Discount to List
$18,040
7.52%
Current Estimated Value
$566,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,400
Avg. Annual Appreciation
7.48%
Original Mortgage
$107,940
Outstanding Balance
$84,081
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$484,971

Purchase Details

Closed on
Mar 15, 2014
Sold by
Mary Wan Llc
Bought by
Palmetto Building Grp Llc
Source: Public Records

Range of Values:

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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
Loomis Wendy $257,940 --
Palmetto Building Grp Llc $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loomis Wendy $107,940
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2014 09/19/14 Sold $257,940 +7.5% $148 / Sq Ft
06/07/2014 06/07/14 Pending -- -- --
02/19/2014 02/19/14 For Sale $239,900 -- $138 / 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 $5,208 $207,680 $36,000 $171,680
2023 $1,882 $186,040 $36,000 $150,040
2022 $2,309 $144,040 $24,000 $120,040
2021 $2,377 $129,520 $18,000 $111,520
2020 $2,397 $129,520 $18,000 $111,520
2019 $2,397 $129,520 $18,000 $111,520
2018 $3,024 $115,800 $18,000 $97,800
2017 $2,397 $107,440 $18,000 $89,440
2016 $2,224 $101,600 $18,000 $83,600
2015 $193 $92,080 $18,000 $74,080
2014 $193 $8,000 $8,000 $0
Source: Public Records

Agents Affiliated with this Home

  • LeAnn Duckworth

    Seller's Agent in 2014

    LeAnn Duckworth

    Duckworth Properties BWK

    (912) 266-7675

    145 in this area

    615 Total Sales

    LeAnn Duckworth
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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1567520

Golden Isles Association of REALTORS®

APN: 04-14641

Georgia Glynn County Saint Simons Island 31522

502 Reserve Ln, Saint Simons Island, GA

This home is located at 502 Reserve Ln, Saint Simons Island, GA 31522 since 19 February 2014 and is currently estimated at $566,340, approximately $325 per square foot. This property was built in 2013. 502 Reserve Ln is a home located in Glynn County with nearby schools including St. Simons Elementary School, Glynn Middle School, and Glynn Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Golden Isles Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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