NOT LISTED FOR SALE

703 Reserve Ln Unit 703 Saint Simons Island, GA 31522

Estimated Value: $541,000 - $553,000

3 Beds
2.5 Baths
1,740 Sq Ft
$314/Sq Ft Est. Value

Last Sold April 03, 2015

Last sale price $248,990 $143 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $3,462/month

12 Days on Market

Highlights

  • Lake View
  • Waterfront
  • Wood Flooring
  • St. Simons Elementary School Rated A-
  • Pond
  • Community Pool

About This Home

As of April 2015

Brand New Construction Townhomes 3 bedroom 2.5 bath,1740SF including ceramic tile, hardwood floors, crown molding, trim package, granite in the kitchen, 9 ft ceilings, 4 inch tumbled marble back splashes, powder room, window blinds, stainless steel appliances single car garage. GREAT investment for St. Simons Island close to the beach and shopping. Only 2 remaining on the lake. One of the BEST buildings in the neighborhood. ***Just became available***

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,143

Year Built

  • Built in 2015

Lot Details

  • Waterfront
  • Landscaped

HOA Fees

  • $135 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking

Home Design

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

Interior Spaces

  • 1,740 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Wood Flooring
  • Lake Views
  • Home Security System

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Pond
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Community Details

Overview

  • Association fees include ground maintenance, pest control
  • 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

$5,143

Year Built

Built in 2015

Lot Details

0

HOA Fees

$135 per month

Parking

1

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size: 0,0,0,0
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Ownership: Fee Simple
  • Subdivision Name: The Reserve at Demere Townhomes (Fee Simple)
  • Directions: Coming onto the Island curve left and then merge right onto Demere Road from Sea Island Road. As soon as you pass the Health Club, The Reserve will be on your right. It's between Health Club and Ace Garden Center. Across from Holiday Inn Express.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 2015
  • Property Sub Type Additional: Townhouse
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Ice Maker, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Breakfast Bar, Tray Ceiling(s), Crown Molding, Coffered Ceiling(s), Kitchen Island, Painted Woodwork
  • Living Area: 1740.0
  • Stories: 2

Exterior Features

  • Lot Features: Flood Zone, Subdivision, Landscaped, Pond
  • Pool Features: Association
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Stucco, Wood Siding, Drywall
  • Foundation Details: Slab
  • Patio And Porch Features: Open, Patio
  • Roof: Shingle, Wood

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Guest, Paved

Utilities

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

Condo/Co-op/Association

  • Amenities: Pool, Pets Allowed
  • Association Fee: 135.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Pest Control

Lot Info

  • Parcel #: 0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2024
Sold by
Vines King Jacqueline
Bought by
King Trust Dated March 21 2024 and King Jacqueline V Tr
Current Estimated Value
$546,754

Purchase Details

Listed on
Feb 26, 2015
Closed on
Apr 3, 2015
Sold by
Palmetto Building Grp Llc
Bought by
Vines King William C and Vines King Jacqueline
List Price
$247,990
Sold Price
$248,990
Premium/Discount to List
$1,000
0.4%
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
King Trust Dated March 21 2024 -- --
Vines King William C $248,990 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2015 04/03/15 Sold $248,990 +0.4% $143 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
02/26/2015 02/26/15 For Sale $247,990 -- $143 / 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 $5,143 $205,080 $36,000 $169,080
2023 $4,632 $183,400 $36,000 $147,400
2022 $3,684 $141,920 $24,000 $117,920
2021 $3,423 $127,520 $18,000 $109,520
2020 $3,455 $127,520 $18,000 $109,520
2019 $3,455 $127,520 $18,000 $109,520
2018 $2,978 $114,040 $18,000 $96,040
2017 $2,888 $105,840 $18,000 $87,840
2016 $2,515 $99,600 $18,000 $81,600
2015 -- $92,200 $18,000 $74,200
Source: Public Records

Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1572458

Golden Isles Association of REALTORS®

APN: 04-14681