tomo logo

$500,000

Beds
4
Baths
3.0
sq ft
3,040

20 Pine Lake Dr, Cumming, GA 30040

20 Pine Lake Dr

Cumming, GA 30040

  • Pending
Welcome home to this four sided brick ranch, on a basement, ideally situated on a quiet road in Greenwood Acres. The open-concept layout must make the main living areas feel inviting and interconnected. Having the primary bedroom and two additional bedrooms on the main floor is convenient, especially for those who prefer single-level living or want easy access to the essentials. A finished basement can add versatility to the home, providing extra living space, entertainment areas, or even a home office or gym. With 1.5 acres, there's likely plenty of room for outdoor activities or gardening, too. It sounds like a beautiful place to call home!

Details

Property type

Single Family Residence

Est. home value

$537,298

Lot size

1.53 acres

Price per sq ft

$165

Year built

1970

Annual property taxes

$2,899

Price History

08/31/2024
FMLS

FMLS #7434246

Pending
$500,000
-1.77%
08/07/2024
FMLS

FMLS #7390539

Removed
$509,000
+1.8%
08/07/2024
FMLS

FMLS #7434246

Listed
$500,000
-1.77%

Schools & Community

Elementary school: 

Kelly Mill

Middle school: 

Hendricks

High school: 

Forsyth Central

Community features: 

None

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

$65,090
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$394,910
Cash to seller
$65,090

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

Seller’s Loan History

Lender

Guild Mortgage

Loan start date

April 2022

Original loan amount

$413,250

Est. remaining balance

$394,910

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Dustin A Clay

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: Pending/Under Contract

Tomo last checked: 10/04/2024 at 11:30 PM

Listing updated: 09/09/2024 at 2:45 PM

Listed by: Mark Wohlers, Keller Williams North Atlanta Phone #: (770) 663-7291

MLS: FMLS #7434246

FMLS logo

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