tomo logo

$650,000

Beds
5
Baths
3.0
sq ft
2,896

1120 Red Cedar Trl, Suwanee, GA 30024

1120 Red Cedar Trl

Suwanee, GA 30024

  • 10 days on market
    • Open house Jul 06
Highly sought-after home in the desirable Riverbrooke Subdivision! Ideally located near the front entrance and within walking distance to amenities. This spacious residence boasts five generously sized bedrooms, including four upstairs and one on the first floor. The upper level also features a convenient laundry room. The large kitchen is a chef's dream, complete with a walk-in pantry, stainless steel appliances, and an island. All bedrooms have walk-in closets, providing ample storage space. The lot is level, making outdoor activities and landscaping a breeze. The dining room is perfect for entertaining, easily accommodating large gatherings. The oversized owner's suite includes a cozy sitting room, ideal for relaxation. Recent updates include a new kitchen island, fresh interior and exterior paint, and new flooring throughout. No Carpet. Additionally, a new roof is currently in the process, ensuring added value and peace of mind for the new owners. Top-rated schools: Settles Bridge Elementary, Riverwatch Middle, and Lambert High.

Details

Property type

Single Family Residence

Est. home value

$548,474

Lot size

9,148 sq ft

Price per sq ft

$225

Year built

2005

Annual property taxes

$4,734

Monthly HOA fee

$54.17

Price History

06/26/2024
FMLS

FMLS #7406913

Listed
$650,000
+130.5%
03/27/2017
FMLS

FMLS #5798047

Sold
$282,000
+33.97%
06/05/2008
FMLS

FMLS #3690014

Sold
$210,500

Schools & Community

Elementary school: 

Sharon - Forsyth

Middle school: 

Riverwatch

High school: 

Lambert

Community features: 

Clubhouse, Pool, Tennis Court(s)

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

$458,333
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$139,667
Cash to seller
$458,333

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

Seller’s Loan History

Lender

Brand Mtg Grp Llc

Loan start date

June 2008

Original loan amount

$207,247

Est. remaining balance

$139,667

Interest rate

5.88%

Loan type

FHA, 30 year

Seller

Joseph M George

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: 07/06/2024 at 1:25 AM

Listing updated: 07/05/2024 at 2:05 PM

Listed by: Jingru Sui, Real Broker, LLC. Phone #: (855) 450-0442

MLS: FMLS #7406913

FMLS logo

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