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$740,000

Beds
6
Baths
5.0
sq ft
5,263

1235 Summerfield Dr, Cumming, GA 30040

1235 Summerfield Dr

Cumming, GA 30040

  • 7 days on market
Welcome to 1235 Summerfield Dr., a stunning residence located in the heart of Cumming, GA, just a stone's throw from top-rated schools. It is conveniently situated near dining and shopping at The Collection, Halcyon, Midway, Vickery Village and The Cumming City Center. This beautiful, EMMACULATE maintained home offers an inviting blend of elegance and comfort, perfect for modern living. As you enter, you'll be greeted by a spacious, open-concept floor plan filled with natural light. The living area features high ceilings and a cozy log fireplace, ideal for entertaining or just relaxing with the family. The entire interior of house was just painted this spring in the very popular Accessible Beige color. The dreamy kitchen boasts a large island with granite countertops and stainless steel appliances. Adjacent to the kitchen is a formal dinning room perfect for hosting dinner parties and family celebrations. The home has a generous master suite with a luxurious bathroom and a soaking tub, separate over sized walk in shower and separate vanities. Additional bedrooms with lots of closet space. The entire area that is carpeted is so new you can still smell it. The finished, walk out terrace level basement boasts another bedroom and full bathroom with a common area and a separate finished flex room that could be theatre room or gym room, your choice. Step outside to a beautiful back yard that is so private when the leaves are on the trees. Very low maintenance home with a 2 year old roof and fresh exterior paint! Each level of the home has its very own, brand new heating and air units. The property is situated in a friendly cul-de-sac, with easy access to community amenities, including a walking trail, swimming pool, tennis courts and more!

Details

Property type

Single Family Residence

Est. home value

$667,142

Lot size

0.27 acres

Price per sq ft

$141

Year built

2006

Annual property taxes

$5,298

Monthly HOA fee

$110.58

Price History

12/14/2024
FMLS

FMLS #7498039

Listed
$740,000
+127.69%
08/01/2013
FMLS

FMLS #5166588

Sold
$325,000
+43.17%
01/30/2013
FMLS

FMLS #5082924

Sold
$227,000

Schools & Community

Elementary school: 

Kelly Mill

Middle school: 

Otwell

High school: 

Forsyth Central

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

$507,443
Asking price
$740,000
Closing costs (~8% of asking)
-$59,200
Est. remaining loan balance
-$173,357
Cash to seller
$507,443

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

Seller’s Loan History

Lender

Swbc Mortgage

Loan start date

August 2020

Original loan amount

$230,000

Est. remaining balance

$173,357

Interest rate

2.51%

Loan type

New Conventional, 15 year

Seller

Catherine Lutz Carpenter and Deric Scott Carpenter

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 12:00 AM

Listing updated: 12/19/2024 at 3:45 AM

Listed by: Christy Wethington, Maximum One Premier Realtors Phone #: (470) 400-9877

MLS: FMLS #7498039

FMLS logo

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