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1498 Demere Rd

Saint Simons Island, GA 31522

2 bd 2 ba 1,184 sqft Built 1982 condos
Most recent sale
$310,000
Feb 14, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 14, 2023 Sold $310,000 GoldenIsles

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $99,000 $99,000 $2,383
2024 $99,000 $99,000 $2,383
2023 $99,000 $99,000 $2,432
2022 $99,000 $99,000 $245
2021 $99,000 $99,000 $252
2020 $99,000 $99,000 $258
2019 $73,600 $73,600 $258
2018 $73,600 $73,600 $258
2017 $68,000 $68,000 $258
2016 $62,000 $62,000 $203
2015 $53,200 $53,200 $203
2014 $53,200 $53,200 $203
2013 $53,200 $203

Property facts

Year built
1982
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,184 sqft
Lot size
ZIP code
31522
City
Saint Simons Island
Street
Demere Rd
Coordinates
31.14558, -81.38149

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,835
Gross rental yield
7.10%
Implied cap rate
4.62%
Trend-extrapolated value

Frequently asked questions

When did 1498 Demere Rd last sell?
1498 Demere Rd most recently sold on Feb 14, 2023 for $310,000.
What is the current tax assessment for 1498 Demere Rd?
The most recent total assessment for 1498 Demere Rd (year 2025) is $99,000 with $2,383 in property tax.
How does 1498 Demere Rd's assessment compare to its last sale price?
The current assessment is 68.1% below the last sale price of $310,000.
When was 1498 Demere Rd built?
1498 Demere Rd was built in 1982.
How does 1498 Demere Rd compare to others on Demere Rd?
We track 8 other properties on Demere Rd. Browse the list under "Other properties on Demere Rd" to compare beds, baths, and sale history.
What are the property facts for 1498 Demere Rd?
1498 Demere Rd is a 2 bed, 2 bath, 1,184 sqft condos.
Is 1498 Demere Rd a flip candidate?
No — 1498 Demere Rd does not appear in our flips dataset.
Is 1498 Demere Rd a tax-appeal candidate?
No — 1498 Demere Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.8%
Implied 1-yr
+3.2%
2026 Q3
$1.11M
2026 Q4
$1.12M
ZIP 31522 — Median Price History + Forecast

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