tomo logo

$1,095,000

Beds
4
Baths
2.0
sq ft
2,682

2380 Peachtree Rd, Cumming, GA 30041

2380 Peachtree Rd

Cumming, GA 30041

  • 3 days on market
One-of-a-Kind unique home nestled on deep water on the far south side - less than 5 minutes from 400. Upon entering the home, your eyes are immediately drawn towards the expansive living area and the adjacent outdoor living space. A 4-sided fireplace sits in the middle of the room- giving the room a vibe of cool and fun. A beautiful dining area sits behind the fireplace framed by a circular wall that adds even more distinctiveness and charm. A gorgeous dramatic chandelier lights the area adding a sophistication that is hard to find in your average lake house. A long bar separates the kitchen from the living area giving the entire room a very open feeling. The kitchen is framed by yet another circular wall with a very high ceiling. The kitchen has been recently updated with neutral colors and stainless steel appliances. As you step outside onto a huge brand new wrap around deck, you are greeted by spectacular lake views - a full 180 degrees. The house sits on a point with an enormous amount of CORP property, giving you a very private outdoor living area. The house has a large, flat backyard that is perfect for entertaining. The backyard has seen just about everything… college water slide parties and a gorgeous wedding. A gentle slope will take you to your dock - and the path is eligible for a golf cart permit- with a “medical reason”. If you desire a 2 slip 32x32 dock - that will be no problem- as that has been approved by the CORP in the past and there is plenty of space. The master bedroom and bath face the lake. You will wake up every morning facing a full wall of windows with peaceful, breathtaking views . This house has a parking pad that can accommodate 6-7 cars. This house has a brand new HVAC system along with a new roof with warranties that are transferable to the new owners. This house has recently had a sophisticated encapsulation to the crawl space along with mold remediation that carries a 10 year warranty that is transferable to the new owners. Don’t wait too long… this gem will go fast !

Details

Property type

Single Family Residence

Est. home value

$966,316

Property condition

Updated/Remodeled

Lot size

0.47 acres

Price per sq ft

$409

Year built

1975

Annual property taxes

$6,101

Price History

06/29/2024
FMLS

FMLS #7405727

Listed
$1,095,000
+227.84%
02/26/2010
FMLS

FMLS #3999427

Sold
$334,000

Schools & Community

Elementary school: 

Cumming

Middle school: 

Otwell

High school: 

Forsyth Central

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

$777,299
Asking price
$1,095,000
Closing costs (~8% of asking)
-$87,600
Est. remaining loan balance
-$230,101
Cash to seller
$777,299

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

Seller’s Loan History

Lender

Wcs Lndg Llc

Loan start date

February 2010

Original loan amount

$327,950

Est. remaining balance

$230,101

Interest rate

5.09%

Loan type

FHA, 30 year

Seller

Dan J Allen

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
$1,145,000
4 bd
|
3.5 ba
|
2,426 sq ft
|
House

4840 Dean Ct, Cumming, GA 30041

Price drop
FMLS
$1,250,000
4 bd
|
3 ba
|
3,516 sq ft
|
House

3520 Still Rd, Cumming, GA 30041

FMLS
$1,200,000
4 bd
|
4.5 ba
|
4,500 sq ft
|
House

214 Denson Dr, Cumming, GA 30040

Status: Active

Tomo last checked: 07/01/2024 at 12:20 PM

Listing updated: 06/30/2024 at 8:26 PM

Listed by: Barry Jackson, Haven Real Estate Brokers Phone #: (770) 217-7561

MLS: FMLS #7405727

FMLS logo

Recently listed in Cumming

$929,000|4 bd|3.5 ba|House
$625,000|4 bd|2.5 ba|House
$648,900|5 bd|4.0 ba|House
$2,475,000|5 bd|5.5 ba|House
$525,000|5 bd|3.5 ba|House
$1,195,000|6 bd|5.0 ba|House
$599,900|4 bd|2.5 ba|House