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1500 Demere Rd

St Simons Island, GA 31522

2 bd 1 ba 1,088 sqft Built 1963 condo
Most recent sale
$239,000
Jun 7, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 24, 2022 Price changed $397,000 MLS #1636217
Sep 10, 2022 Listed $400,000 MLS #1636217
Jun 7, 2021 Sold $239,000 Public Record
May 1, 2021 Listed $239,900 MLS #1625644
May 22, 2018 Sold $191,300 Public Record
Jan 29, 2018 Listed $195,000 MLS #1587216
Oct 3, 2016 Sold $180,000 Public Record
Feb 26, 2016 Listed $199,000 MLS #1577458
Apr 30, 2014 Listed $199,000 MLS #1568528
Jul 2, 2008 Listed $259,000 MLS #541327
Sep 5, 2003 Sold $120,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $132,800 $132,800 $3,197
2024 $132,800 $132,800 $3,197
2023 $132,800 $132,800 $3,263
2022 $95,600 $95,600 $590
2021 $84,600 $84,600 $2,188
2020 $73,800 $73,800 $1,927
2019 $73,800 $73,800 $1,927
2018 $69,200 $69,200 $1,807
2017 $64,800 $64,800 $1,692
2016 $64,800 $64,800 $1,555
2015 $58,000 $58,000 $1,395
2014 $49,400 $49,400 $1,191
2013 $49,400 $1,197

Property facts

Year built
1963
Property type
condo
Stories
2
Beds
2
Baths
1
Living area
1,088 sqft
Lot size
ZIP code
31522
City
St Simons Island
Street
Demere Rd
Coordinates
31.14641, -81.38161

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
$1,686
Gross rental yield
8.47%
Implied cap rate
5.50%
Trend-extrapolated value

Frequently asked questions

When did 1500 Demere Rd last sell?
1500 Demere Rd most recently sold on Jun 7, 2021 for $239,000.
What is the current tax assessment for 1500 Demere Rd?
The most recent total assessment for 1500 Demere Rd (year 2025) is $132,800 with $3,197 in property tax.
How does 1500 Demere Rd's assessment compare to its last sale price?
The current assessment is 44.4% below the last sale price of $239,000.
When was 1500 Demere Rd built?
1500 Demere Rd was built in 1963.
How does 1500 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 1500 Demere Rd?
1500 Demere Rd is a 2 bed, 1 bath, 1,088 sqft condo.
Is 1500 Demere Rd a flip candidate?
No — 1500 Demere Rd does not appear in our flips dataset.
Is 1500 Demere Rd a tax-appeal candidate?
No — 1500 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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