tomo logo

$959,900

Beds
5
Baths
4.0
sq ft
3,881

1416 Elgin Way, Cumming, GA 30041

1416 Elgin Way

Cumming, GA 30041

  • 85 days on market
Welcome to your dream home in the heart of Windermere! This stunning five-bedroom, four-bathroom residence is in a tranquil cul-de-sac, offering privacy and charm. Step inside to discover a bright, open floor plan designed for modern living and effortless entertaining. The main level features a spacious living area filled with natural light, a gourmet kitchen with abundant storage and sleek finishes, and a welcoming dining space that invites gatherings. A large office provides the perfect work-from-home setup or study area. Upstairs, retreat to the luxurious primary suite with a spa-like bath and an enormous walk-in closet—your personal oasis! Four additional bedrooms offer ample space for family, guests, or a creative playroom. The full unfinished basement is a blank canvas, ready for your vision—think game room, home gym, or extra storage. Step outside to your expansive backyard, ideal for summer barbecues, garden parties, or quiet evenings under the stars. With top-rated schools, beautiful parks, and convenient shopping and dining just moments away, this home perfectly combines comfort, style, and convenience. Don’t miss the chance to make this Windermere gem your own—schedule your showing today and envision the possibilities! *** $10,000 Carpet Allowance Paid by Seller ***

Details

Property type

Single Family Residence

Est. home value

$898,972

Lot size

0.44 acres

Price per sq ft

$248

Year built

2000

Annual property taxes

$3,919

Monthly HOA fee

$116.67

Price History

10/04/2024
FMLS

FMLS #7462914

Listed
$959,900
+77.76%
08/17/2017
FMLS

FMLS #5810837

Sold
$540,000

Schools & Community

Elementary school: 

Haw Creek

Middle school: 

Lakeside - Forsyth

High school: 

South Forsyth

Community features: 

Clubhouse, Fitness Center, Golf, Park, Playground, Pool, Restaurant, 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

$462,982
Asking price
$959,900
Closing costs (~8% of asking)
-$76,792
Est. remaining loan balance
-$420,126
Cash to seller
$462,982

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

Seller’s Loan History

Lender

Certainty Home Loans

Loan start date

January 2021

Original loan amount

$461,250

Est. remaining balance

$420,126

Interest rate

2.72%

Loan type

VA, 30 year

Seller

Eric E Fries and Patricia Fries

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 8:55 AM

Listing updated: 12/04/2024 at 12:53 AM

Listed by: Vicky Gorman, Method Real Estate Advisors Phone #: (404) 476-8171

MLS: FMLS #7462914

FMLS logo

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