tomo logo

$525,000

Beds
3
Baths
3.5
sq ft
Unknown

1950 Buford Dam Rd Unit 105, Cumming, GA 30041

1950 Buford Dam Rd Unit 105

Cumming, GA 30041

  • 7 days on market
Welcome Home...You will not believe the space in this RENOVATED LUXURY brick townhome in very desirable community that is close to Lake Lanier and GA 400. Shows like a model home! Walking trails and close to shopping and restaurants! Huge open foyer as you enter with massive master suite on main floor with amazing tiled shower with frameless glass door and double vanities and walk in closet. Soaring ceilings and tons of light in your family room with cozy gas fireplace to hang with friends and family in the evening curled up on the couch watching movies or for game night. Gourmet kitchen features quartz countertops with island, stainless appliances, and built in butlers pantry/bar area with glass doors that that is the perfect place to enjoy a cocktail while cooking a terrific meal. French doors that open up to a private covered porch that is the ideal spot for entertaining friends or relaxing with your favorite book or glass of wine in the evening. Upstairs loft/flex space features a great place for an additional family room, play room, or office space. Oversized secondary bedrooms upstairs with great closet space and and a private bath for each room that would make a great space for guests or additional family members. Upgraded designed light fixtures throughout home. The terrace level features a finished bath and closet space as well as massive 2 car garage for extra storage space. There is also parking on the driveway and lots of guest and resident parking in the front. There is also a huge finished room with so many options...perfect for a home office, gym, in law or teen suite, or media/game room. This one has all the convenience of a low maintenance townhome with the space of a single family home. Do not miss this quality built well maintained home.

Details

Property type

Townhouse

Est. home value

$465,020

Lot size

6,534 sq ft

Price per sq ft

Unknown

Year built

2001

Annual property taxes

$3,468

Monthly HOA fee

$310

Price History

11/14/2024
FMLS

FMLS #7486008

Listed
$525,000
+51.3%
02/01/2021
FMLS

FMLS #6800440

Sold
$347,000

Schools & Community

Elementary school: 

Mashburn

Middle school: 

Lakeside - Forsyth

High school: 

Forsyth Central

Community features: 

Lake

Number of units in community: 

57

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

$138,316
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$344,684
Cash to seller
$138,316

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

Seller’s Loan History

Lender

Mortgage Firm

Loan start date

April 2022

Original loan amount

$362,000

Est. remaining balance

$344,684

Interest rate

3.89%

Loan type

New Conventional, 30 year

Seller

Addison Albright and Courtney Keen Best

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: 11/21/2024 at 11:35 PM

Listing updated: 11/17/2024 at 4:10 PM

Listed by: Laura M Mccook, Berkshire Hathaway HomeServices Georgia Properties Phone #: (770) 844-8484

MLS: FMLS #7486008

FMLS logo

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