tomo logo

$609,000

Beds
3
Baths
3.0
sq ft
Unknown

1950 Buford Dam Rd Unit 803, Cumming, GA 30041

1950 Buford Dam Rd Unit 803

Cumming, GA 30041

  • 23 days on market
This cozy 3 bedroom 3 bathroom townhome offers a bright, open layout with new paint and solid hardwood floors throughout. The main level features a large kitchen including a spacious breakfast bar, overlooking the living room, and secluded balcony, filling the space with natural light. The master suite offers a coffered ceiling, spacious sitting area, a walk-in closet, and an en suite bathroom with dual vanities, with separate tub, and shower. A second bedroom down the hall can be converted to either a sun room or office space, complete with its own bathroom and large closet. Additional highlights include an oversized loft overlooking the living room, a large third bedroom with its own bathroom and bonus storage room. This home is nestled in the quiet, family-friendly neighborhood of Townhouses at Lanier. Perfect for anyone seeking comfort and convenience, along with the surrounding amenities that this thriving community of Cumming has to offer! Enjoy the features of the modern upgrades, spacious living areas, and peaceful ambiance of Lake Lanier.

Details

Property type

Townhouse

Est. home value

$526,575

Lot size

8712.00 acres

Price per sq ft

Unknown

Year built

2008

Monthly HOA fee

$310

Price History

10/31/2024
FMLS

FMLS #7478997

Listed
$609,000
+67.95%
02/03/2021
FMLS

FMLS #6814642

Sold
$362,600

Schools & Community

Elementary school: 

Mashburn

Middle school: 

Lakeside - Forsyth

High school: 

Forsyth Central

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

$321,220
Asking price
$609,000
Closing costs (~8% of asking)
-$48,720
Est. remaining loan balance
-$239,060
Cash to seller
$321,220

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

Seller’s Loan History

Lender

Jp Morgan Chase Bank

Loan start date

February 2021

Original loan amount

$261,500

Est. remaining balance

$239,060

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Ronald S Turner and Karen Turner

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 12:35 AM

Listing updated: 11/02/2024 at 4:15 PM

Listed by: Jahmaul Kidd, HomeSmart Phone #: (404) 876-4901

MLS: FMLS #7478997

FMLS logo

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