tomo logo

$615,000

Beds
5
Baths
3.5
sq ft
Unknown

1245 Red Cedar Trl, Suwanee, GA 30024

1245 Red Cedar Trl

Suwanee, GA 30024

  • 78 days on market
    • Price drop $15,000↓
Welcome to this beautifully designed home with a charming stacked stone exterior and a welcoming front porch. As you step inside, you'll be greeted by a spacious, open floor plan with a stunning two-story foyer that fills the home with natural light. The main level offers elegant formal living and dining rooms, ideal for hosting gatherings or family dinners. The heart of the home is the fireside great room, which offers warmth and comfort, seamlessly flowing into the eat-in kitchen. The kitchen is a chef’s dream, featuring granite countertops, ample cabinet space. Upstairs, you’ll find four generous bedrooms, including the expansive owner’s suite with tray ceilings, crown molding, and an ensuite bath. The additional full bath serves the remaining bedrooms, offering comfort and convenience for family members or guests. The full finished basement adds even more versatility to this home, with a third full bath and a large living space perfect for an in-law or teen suite. Step outside, and you'll find this home backs to the beautiful Riverbrooke greenspace, providing serene views and added privacy. The neighborhood offers fantastic amenities, including a swim and tennis center, playgrounds, and walking trails. This home is perfectly set on a quiet cul-de-sac and is zoned to some of the top schools in the state!!

Details

Property type

Single Family Residence

Est. home value

$576,600

Lot size

0.23 acres

Price per sq ft

Unknown

Year built

2005

Annual property taxes

$3,816

Monthly HOA fee

$54.17

Price History

10/08/2024
FMLS

FMLS #7451006

Price change
$615,000
-2.38%
09/05/2024
FMLS

FMLS #7451006

Listed
$630,000
+100%
07/02/2018
FMLS

FMLS #6001299

Sold
$315,000
+71.92%

Schools & Community

Elementary school: 

Settles Bridge

Middle school: 

Riverwatch

High school: 

Lambert

Community features: 

Playground, Pool, Sidewalks, Street Lights, 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

$406,410
Asking price
$615,000
Closing costs (~8% of asking)
-$49,200
Est. remaining loan balance
-$159,390
Cash to seller
$406,410

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

Seller’s Loan History

Lender

Suntrust Bank

Loan start date

July 2018

Original loan amount

$245,000

Est. remaining balance

$159,390

Interest rate

4.08%

Loan type

New Conventional, 15 year

Seller

Srinivaasan Markandan

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: 11/22/2024 at 12:00 PM

Listing updated: 11/18/2024 at 2:25 PM

Listed by: Katie Gardner, Keller Williams North Atlanta Phone #: (770) 663-7291

MLS: FMLS #7451006

FMLS logo

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