tomo logo

$534,900

Beds
4
Baths
3.0
sq ft
2,694

103 Timberlane Rd, Cumming, GA 30040

103 Timberlane Rd

Cumming, GA 30040

  • 4 days on market
This well-built, 1973 spacious 4-sided brick, 4-bedroom, 3-bathroom home is waiting for your personal touch! Set on 1.825 private wooded acres, this property offers both tranquility and seclusion. With easy access to downtown Cumming and the new Cumming City Center you have access to all the amenities of town and country. The main floor features 4 generously-sized bedrooms, while the 4th bedroom is a full in-law suite tucked away on the opposite side of the house, offering privacy and convenience for your live in guests. The family room has high vaulted ceilings, real hardwood floors, built in cabinets and a cozy brick fireplace that easily warms the room. All 3 full baths are fully operational and are ready for full updates or a few tweaks to preserve their 70’s retro feel. The basement is a blank slate with endless possibilities for additional bedrooms, recreation room or even a rentable apartment. A second wood-burning fireplace is a bonus for this blank canvas. Whether you're looking to renovate, expand, or simply enjoy the serene surroundings, this property is full of value and potential.

Details

Property type

Single Family Residence

Est. home value

$512,176

Lot size

1.83 acres

Price per sq ft

$199

Year built

1973

Annual property taxes

$70,323

HOA

No

Price History

02/19/2025
FMLS

FMLS #7527302

Listed
$534,900
+132.57%
03/18/2013
FMLS

FMLS #5018001

Sold
$230,000

Schools & Community

Elementary school: 

Cumming

Middle school: 

Otwell

High school: 

Forsyth Central

Community features: 

None

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$422,224
Asking price
$534,900
Closing costs (~8% of asking)
-$42,792
Est. remaining loan balance
-$69,884
Cash to seller
$422,224

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

December 2014

Original loan amount

$165,000

Est. remaining balance

$69,884

Interest rate

3.13%

Loan type

New Conventional, 16 year

Seller

Billy H Marlow

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 8:05 AM

Listing updated: 02/20/2025 at 8:05 AM

Listed by: Jay Martin, Keller Williams Realty Atlanta Partners Phone #: (678) 318-5000

MLS: FMLS #7527302

FMLS logo

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