tomo logo

$525,000

Beds
3
Baths
2.5
sq ft
Unknown

2580 Laurel Gate Ln, Cumming, GA 30040

2580 Laurel Gate Ln

Cumming, GA 30040

  • 59 days on market
    • Price drop $20,000↓
This 3 bedroom, 2.5 bath ( East Facing) end(Corner) unit townhome in Cumming’s sought-after Stablegate at Mountain Crest is an unbelievable find! The exterior features front sitting porch, with a two car gar garage and charming windowed front door. Upon entering, choose to continue on the main floor to the master bedroom and living area, or continue upstairs to the 2 additional bedrooms. The bright and airy main floor offers an open floor plan, tray ceilings, windows galore, and a half bath for guests. Cozy up to the fireplace that has build-in shelves and cabinets on either side. With easy access to the terraced fenced-in backyard, you’ll find this home ideal for entertaining. The updated and functional kitchen with stainless steel appliances and island allows the chef to spend time with family and friends while preparing lovely snacks and meals. A dining area is conveniently located next to the kitchen and is also open to the living area. Upstairs enjoy a lovely common area and 2 nice-sized bedrooms and 1 full bath. As a bonus, there’s loads of storage in the partially finished attic. Don’t miss out on this captivating home.

Details

Property type

Townhouse

Est. home value

$535,891

Lot size

4,356 sq ft

Price per sq ft

Unknown

Year built

2019

Annual property taxes

$3,908

Monthly HOA fee

$315

Price History

11/15/2024
FMLS

FMLS #7457938

Price change
$525,000
-3.67%
10/24/2024
FMLS

FMLS #7457938

Listed
$545,000
10/10/2024
FMLS

FMLS #7457938

Removed
$545,000

Schools & Community

Elementary school: 

Kelly Mill

Middle school: 

Hendricks

High school: 

West Forsyth

Community features: 

Clubhouse, Gated, Fitness Center, Playground, Pool, Street Lights, Tennis Court(s)

Number of units in community: 

1

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

$110,748
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$372,252
Cash to seller
$110,748

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

Seller’s Loan History

Lender

Local Mortgage

Loan start date

June 2022

Original loan amount

$424,000

Est. remaining balance

$372,252

Interest rate

4.17%

Loan type

New Conventional, 15 year

Seller

Praveen Bhumireddy

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 6:30 AM

Listing updated: 11/19/2024 at 9:30 AM

Listed by: Venkata Gaddam, Dream Realty Group, LLC. Phone #: (678) 480-5245

MLS: FMLS #7457938

FMLS logo

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