tomo logo

$690,000

Beds
5
Baths
4.0
sq ft
Unknown

1120 Constitution Way, Cumming, GA 30040

1120 Constitution Way

Cumming, GA 30040

  • 15 days on market
Stunning traditional south Forsyth home on a large corner lot in sought after Liberty Community. 5 Bedrooms with 4 Baths, with the option to convert the 3rd story office/playroom to a 6th Bedroom. Enter the house through the two story covered porch with immediate access to the formal living room. The balance of the 1st floor is an Open and Bright floorplan that highlights a large kitchen opening to the family room and separate Dining. A main level guest suite enjoys convenient access from the garage or private back yard patio. Upstairs, the the large primary bedroom has two closets and overlooks the backyard. 3 additonal bedrooms on this floor of which one of those includes an en suite bathroom. Access the 3rd story bonus room is from this level and could be an office, playroom or a 6th bedroom with little modification. Enjoy the large level driveway and yard which is conveniently located directly across the street from Clubhouse Amenities: Gym, Clubhouse, Jr Olympic pool, kids fountain, playground, tennis, pickleball, and basketball courts! Home recently painted on the outside. New Roof in 2019. Upgraded and replaced HVAC. Close to Blue Ribbon award-winning schools, GA - 400, restaurants, Big Creek Greenway, Northside Hospital, and the new Cumming City Center. All of this is very convenient when you choose South Forsyth County!

Details

Property type

Single Family Residence

Est. home value

$675,965

Lot size

0.31 acres

Price per sq ft

Unknown

Year built

2003

Annual property taxes

$5,856

HOA

Yes

Price History

12/06/2024
FMLS

FMLS #7494903

Listed
$690,000
+82.3%
06/12/2019
FMLS

FMLS #6527727

Sold
$378,500
+42.83%
07/30/2012
FMLS

FMLS #5023404

Sold
$265,000

Schools & Community

Elementary school: 

George W. Whitlow

Middle school: 

Otwell

High school: 

Forsyth Central

Community features: 

Clubhouse, Fitness Center, Park, Playground, Pool, Sidewalks, Street Lights

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

$312,266
Asking price
$690,000
Closing costs (~8% of asking)
-$55,200
Est. remaining loan balance
-$322,534
Cash to seller
$312,266

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

Seller’s Loan History

Lender

First Federal Bank

Loan start date

June 2019

Original loan amount

$359,575

Est. remaining balance

$322,534

Interest rate

4.2%

Loan type

New Conventional, 30 year

Seller

Raffi Yeremian

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: 12/22/2024 at 9:45 AM

Listing updated: 12/08/2024 at 6:05 AM

Listed by: Path Post Team, Path & Post Real Estate Phone #: (404) 334-2402

MLS: FMLS #7494903

FMLS logo

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