tomo logo

$550,000

Beds
3
Baths
2.5
sq ft
1,680

1460 Chamblee Gap Rd, Cumming, GA 30040

1460 Chamblee Gap Rd

Cumming, GA 30040

  • 51 days on market
This charming property offers a fantastic location just minutes to shopping, dining, and convenient access to 400. Situated on just under an acre this 3 bedroom 2.5 bath home at 1630 square feet is perfect for those seeking a peaceful retreat without sacrificing convenience, The spacious primary suite features a large private sitting room-ideal for a home office, reading nook, or creative space. This property also boasts an additional dwelling at 630 square feet with a half bath, HVAC, electricity and plumbing complete with polished concrete floors and an abundance of natural light. This versatile space would be perfect for an art studio, office, or with a few modifications could easily be a studio apartment for additional income or a guest house. Don't miss this opportunity to own a property with so much potential in an unbeatable location!

Details

Property type

Single Family Residence

Est. home value

$446,014

Lot size

0.80 acres

Price per sq ft

$328

Year built

1998

Annual property taxes

$510

HOA

No

Price History

01/03/2025
FMLS

FMLS #7503876

Listed
$550,000
+362.18%
05/29/2013
FMLS

FMLS #5271446

Sold
$119,000

Schools & Community

Elementary school: 

Kelly Mill

Middle school: 

Otwell

High school: 

Forsyth Central

Community features: 

None

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Regions Bank

Loan start date

September 2020

Original loan amount

$25,000

Est. remaining balance

$22,528

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Vera Josephine Lundy

Lender

Quicken Loans

Loan start date

November 2019

Original loan amount

$121,627

Est. remaining balance

$97,976

Interest rate

3.57%

Loan type

New Conventional, 20 year

Seller

Vera Josephine Lundy

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: 02/23/2025 at 3:50 PM

Listing updated: 02/21/2025 at 3:45 PM

Listed by: Mark Spain, Mark Spain Real Estate Phone #: (770) 886-9000

MLS: FMLS #7503876

FMLS logo

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