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$675,000

Beds
5
Baths
3.5
sq ft
Unknown

1625 Watercrest Dr, Cumming, GA 30041

1625 Watercrest Dr

Cumming, GA 30041

  • 2 days on market
Beautiful traditional home on a corner cul-de-sac lot located just minutes from Lake Lanier, new Cumming City Center, Downtown Cumming, Hwy 400 and more! Owners Retreat on main level featuring en suite bath with double vanities, large walk in shower and double closets. Two story foyer and Great Room with cozy fireplace. Separate private office space with powder room bath on main level. Large kitchen open to Great Room completely updated with granite counters, stone backsplash, new fixtures, stainless appliances, peninsula bar, and separate breakfast room. Plenty of natural light as home is open to enclosed climate controlled sunroom and back porch. Upstairs has 2 bedrooms, large bonus room or additional bedroom, and full bath. Full finished daylight terrace level with rear entry and separate driveway. Featuring 2 large bedrooms, full kitchen with stacked washer/dryer, huge open living room/dining room and office. This huge full finished basement is perfect for multi generational families or in law suite. 2023 Interior walls repainted throughout New kitchen - cabinets, backsplash, counters, sink, faucet New vanities in half bath and basement bath New LVP flooring on main and basement levels New carpet on stairs New tankless hot water heater $8000 New toilets $1000 New Furnace on main floor $4000 New bathroom fan in basement $200 2024 Regrouted master shower $2000 Upstairs bath renovation- new floors, new walk in tile shower, new vanity, new lighting fixture, new hardware $17000 New main floor A/C $4000 New garage door opener $500 Converted formal dining to flex room with direct access to half bath $9000 Created a walk-in pantry in kitchen $2000 Created an additional flex room in basement $1500 New washer and dryer on main $2000 New washer/dryer combo on basement level $2400 New carpet in master (new LVP remains untouched beneath) $1000 2025 Replaced recessed lighting in kitchen, newly painted front and back doors, installed waterproof ceiling in upstairs shower $1000

Details

Property type

Single Family Residence

Est. home value

$589,707

Lot size

0.45 acres

Price per sq ft

Unknown

Year built

1997

Annual property taxes

$4,904

Monthly HOA fee

$37.5

Price History

02/21/2025
FMLS

FMLS #7528424

Listed
$675,000
+35%
12/15/2023
FMLS

FMLS #7236132

Sold
$500,000
-13.04%
11/20/2023
FMLS

FMLS #7236132

Pending
$575,000
+73.45%

Schools & Community

Elementary school: 

Cumming

Middle school: 

Otwell

High school: 

Forsyth Central

Community features: 

Curbs

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

$142,630
Asking price
$675,000
Closing costs (~8% of asking)
-$54,000
Est. remaining loan balance
-$478,370
Cash to seller
$142,630

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

Seller’s Loan History

Lender

Resicentral

Loan start date

December 2023

Original loan amount

$483,312

Est. remaining balance

$478,370

Interest rate

7.79%

Loan type

New Conventional, 30 year

Seller

Adrienne Payne and Daniel Payne

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?

Status: Active

Tomo last checked: 02/23/2025 at 12:25 PM

Listing updated: 02/22/2025 at 11:40 AM

Listed by: Angela Smith, Crown Realty Inc. Phone #: (770) 880-1156

MLS: FMLS #7528424

FMLS logo

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