NOT LISTED FOR SALE

505 Reserve Ln Saint Simons Island, GA 31522

Estimated Value: $530,000 - $579,000

3 Beds
3 Baths
1,772 Sq Ft
$309/Sq Ft Est. Value

Last Sold January 14, 2021

Last sale price $329,000 $186 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,519/month

55 Days on Market

Highlights

  • In Ground Pool
  • Pond
  • Breakfast Bar
  • St. Simons Elementary School Rated A-
  • Wood Flooring
  • Open Patio

About This Home

As of January 2021

Welcome home to The Reserve at Demere! This newer construction, one of a kind townhome offers 3 bedrooms and 3 full baths! A former foyer closet converted to a stand-up shower offers a convenient way for you (or your pet) to rinse off after spending a relaxing day at the beach. Quality interior features include 9' ceilings, engineered hardwood flooring throughout the 1st level, plantation shutters, stainless steel appliances and granite kitchen countertops. The spacious primary bedroom with double vanity ensuite includes a garden tub, separate shower, and custom walk-in closet. This lovely home backs up to the private setting of Sea Island's Retreat golf course and features ample patio/backyard space for your outdoor enjoyment. This impeccably landscaped community with in-gound pool is conveniently located near the island's entrance and close to a variety of shops, restaurants, and fitness centers. An excellent investment opportunity, great location, and furnishings are negotiable!

Last Agent to Sell the Property

Judith Nichols

eXp Realty, LLC License #390664 Listed on: 10/20/2020

eXp Realty, LLC

Last Buyer's Agent

Tracy Nelson

The Condo Hut, LLC License #184645

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,326

Year Built

  • Built in 2014

Lot Details

  • 2,396 Sq Ft Lot
  • Property fronts a county road
  • Two or More Common Walls
  • Landscaped
  • Sprinkler System

HOA Fees

  • $195 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,772 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

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
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-14638

Community Details

Overview

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

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Shops
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,326

Year Built

Built in 2014

Lot Details

0

HOA Fees

$195 per month

Parking

1

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Lot Size: ,,,
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Inclusions: Alarm-Smoke/Fire,Dryer,Refrigerator,Washer
  • Subdivision Name: The Reserve at Demere Townhomes (Fee Simple)
  • Directions: From the causeway, (entrance to St. Simons Island) merge left onto Sea Island Road. Take a right at the first light onto Demere Rd. Go approximately 1/4 mile and take a right into The Reserve at Demere. Go straight until you see 505 Reserve Ln on your right.
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 2014
  • Property Sub Type Additional: Townhouse
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Breakfast Bar, Pantry, Ceiling Fan(s)
  • Living Area: 1772.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: Subdivision, Landscaped, Pond
  • Pool Features: In Ground, Pool, Association
  • Disclosures: Covenants/Restrictions Disclosure
  • Common Walls: 2+ Common Walls
  • Construction Type: Brick
  • Exterior Features: Sprinkler/Irrigation
  • Foundation Details: Slab
  • Patio And Porch Features: Open, Patio

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage Door Opener, Guest

Utilities

  • Laundry Features: Upper Level
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: Cable Available, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Shopping, Street Lights
  • Amenities: Pool, Pets Allowed
  • Association Fee: 195.0
  • 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

  • Lot Size Sq Ft: 2396.0
  • Parcel #: 04-14638
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3326.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2025
Sold by
Mozdab Laila
Bought by
Laila Mozdab Living Trust Dated February and Mozdab Laila Trust
Current Estimated Value
$548,375

Purchase Details

Listed on
Oct 20, 2020
Closed on
Jan 14, 2021
Sold by
Wilson R Lindsay
Bought by
Wilson Christy Lynn
Seller's Agent
Judith Nichols
eXp Realty, LLC
Buyer's Agent
Tracy Nelson
The Condo Hut, LLC
List Price
$337,000
Sold Price
$329,000
Premium/Discount to List
-$8,000
-2.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.06%

Purchase Details

Listed on
Oct 19, 2016
Closed on
Aug 9, 2017
Sold by
Durden Willie H
Bought by
Lindsay Wilson R and Wilson Christy Lynn
Seller's Agent
Julie Vaughn
St. Simons Island Beach Rentals
Buyer's Agent
Julie Vaughn
St. Simons Island Beach Rentals
List Price
$314,990
Sold Price
$299,900
Premium/Discount to List
-$15,090
-4.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.73%
Original Mortgage
$239,920
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 9, 2014
Closed on
Jan 8, 2015
Sold by
Palmetto Building Grp Llc
Bought by
Durden Willie H and Durden Julia Ann
List Price
$254,490
Sold Price
$244,590
Premium/Discount to List
-$9,900
-3.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%

Purchase Details

Closed on
Mar 15, 2014
Sold by
Mary Wan Llc
Bought by
Palmetto Building Grp Llc
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
Laila Mozdab Living Trust Dated February -- --
Wilson Christy Lynn -- --
Mozdab Laila $329,000 --
Lindsay Wilson R $299,900 --
Durden Willie H $244,590 --
Palmetto Building Grp Llc $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lindsay Wilson R $239,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2021 01/14/21 Sold $329,000 -2.4% $186 / Sq Ft
12/15/2020 12/15/20 Pending -- -- --
10/20/2020 10/20/20 For Sale $337,000 +12.4% $190 / Sq Ft
08/09/2017 08/09/17 Sold $299,900 -4.8% $172 / Sq Ft View Prior Sale
06/28/2017 06/28/17 Pending -- -- --
10/19/2016 10/19/16 For Sale $314,990 +28.8% $181 / Sq Ft
01/08/2015 01/08/15 Sold $244,590 -3.9% $141 / Sq Ft View Prior Sale
01/07/2015 01/07/15 Pending -- -- --
08/09/2014 08/09/14 For Sale $254,490 -- $146 / 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 $4,503 $183,240 $36,000 $147,240
2022 $3,300 $131,600 $24,000 $107,600
2021 $3,295 $127,400 $18,000 $109,400
2020 $3,326 $127,400 $18,000 $109,400
2019 $3,326 $127,400 $18,000 $109,400
2018 $2,974 $113,920 $18,000 $95,920
2017 $2,760 $105,720 $18,000 $87,720
2016 $2,348 $97,840 $18,000 $79,840
2015 $193 $92,080 $18,000 $74,080
2014 $193 $8,000 $8,000 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Judith Nichols

    eXp Realty, LLC

    (518) 534-0288

    13 in this area

    42 Total Sales

    Judith Nichols
    Section Image

  • T

    Buyer's Agent in 2021

    Tracy Nelson

    The Condo Hut, LLC

    (404) 664-3662

    33 in this area

    40 Total Sales

    Tracy Nelson
    Section Image

  • J

    Seller's Agent in 2017

    Julie Vaughn

    St. Simons Island Beach Rentals

See All Agents

Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1622685

Golden Isles Association of REALTORS®

APN: 04-14638

Georgia Glynn County Saint Simons Island 31522

505 Reserve Ln, Saint Simons Island, GA

Not Listed for Sale

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