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$345,000

Beds
2
Baths
1.0
sq ft
Unknown

2010 Driftwood Cir, Cumming, GA 30041

2010 Driftwood Cir

Cumming, GA 30041

  • 37 days on market
    • Price drop $14,000↓
Investors looking for income property. This is it!! This property has two separate units. Upstairs has 2 bedrooms and one bath. The basement unit has one bedroom and one bath. Close to 400 exit 15, Convenient loaction and Lake. Close to Shopping, especially Costco

Details

Property type

Single Family Residence

Est. home value

$215,071

Lot size

9,583 sq ft

Price per sq ft

Unknown

Year built

1973

Annual property taxes

$2,116

HOA

No

Price History

10/10/2024
FMLS

FMLS #7464403

Price change
$345,000
-3.9%
09/30/2024
FMLS

FMLS #7464403

Listed
$359,000
+226.36%
06/03/2015
FMLS

FMLS #5318726

Sold
$110,000

Schools & Community

Elementary school: 

Cumming

Middle school: 

Otwell

High school: 

Forsyth - Other

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

$234,408
Asking price
$345,000
Closing costs (~8% of asking)
-$27,600
Est. remaining loan balance
-$82,992
Cash to seller
$234,408

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

June 2015

Original loan amount

$104,500

Est. remaining balance

$82,992

Interest rate

3.67%

Loan type

New Conventional, 30 year

Seller

Gene Chong

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?

Similar Homes Nearby

Price drop
FMLS
$325,000
2 bd
|
1 ba
|
House

2100 Driftwood Cir, Cumming, GA 30041

New
FMLS
$349,900
2 bd
|
2 ba
|
House

2595 Poplar Ln, Cumming, GA 30041

FMLS
$389,000
2 bd
|
2.5 ba
|
1,660 sq ft
|
House

3822 Holliwell Pass, Cumming, GA 30040

Status: Active

Tomo last checked: 11/08/2024 at 12:40 PM

Listing updated: 10/26/2024 at 2:55 PM

Listed by: Amanda Cuccia Ortiz, Keller Williams Realty Atlanta Partners Phone #: (678) 775-2600

MLS: FMLS #7464403

FMLS logo

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