tomo logo

$718,000

Beds
4
Baths
4.5
sq ft
3,896

1960 Overlook Springs Ln, Cumming, GA 30040

1960 Overlook Springs Ln

Cumming, GA 30040

  • 6 days on market
This charming home is nestled in a peaceful cul-de-sac, offering exceptional privacy in the backyard. Boasting a generous 4-bedroom layout, it can easily be transformed into a 5-bedroom residence. With 4 full bathrooms and a half bath, there's plenty of space for comfort and convenience. The large master suite includes two walk-in closets, while a junior suite on the main floor features its own walk-in shower and closet. The open-concept kitchen is ideal for meal prep and hosting gatherings, creating the perfect space to bring everyone together. Outside, the spacious yard is perfect for games and entertainment, with the property extending beyond the lawn. The subdivision also offers residents access to a pool, tennis and grilling areas for relaxation and fun. Conveniently located near the Cumming City Center and local shops, this home is well-situated for both comfort and convenience. It will be sold with appliances, including a large-capacity Whirlpool washer and dryer, and a Samsung 3-Door French Door Smart Refrigerator with Family Hub. Please note: The agent is related to the owner, and a 24-hour notice is required for showings.

Details

Property type

Single Family Residence

Est. home value

$689,354

Lot size

0.44 acres

Price per sq ft

$185

Year built

2014

Annual property taxes

$5,714

Monthly HOA fee

$50

Price History

02/17/2025
FMLS

FMLS #7527625

Listed
$718,000
+100.56%
02/12/2015
FMLS

FMLS #5238660

Sold
$358,000

Schools & Community

Elementary school: 

Cumming

Middle school: 

Otwell

High school: 

Forsyth Central

Community features: 

Playground, Pool, 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

$395,560
Asking price
$718,000
Closing costs (~8% of asking)
-$57,440
Est. remaining loan balance
-$265,000
Cash to seller
$395,560

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

Seller’s Loan History

Lender

Home Point Financial

Loan start date

June 2021

Original loan amount

$287,800

Est. remaining balance

$265,000

Interest rate

3.04%

Loan type

New Conventional, 30 year

Seller

Michael O Lowe

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 7:30 AM

Listing updated: 02/20/2025 at 8:05 AM

Listed by: Marjorie Lowe, Maximum One Executive Realtors Phone #: (770) 835-4311

MLS: FMLS #7527625

FMLS logo

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