tomo logo

$1,200,000

Beds
7
Baths
5.5
sq ft
5,788

2920 Marthasville Trl, Cumming, GA 30041

2920 Marthasville Trl

Cumming, GA 30041

  • 8 days on market
    • Open house Jul 06
Welcome to this upgraded 3 story reverse basement,7 Bedrooms and 5 1/2 Baths in the heart of South Forsyth . As you step through the lovely covered porch , a grand 2 -story foyer welcomes you with an abundance of natural light , formal living room and spacious dining room . The large family room boasts a magnificent stone fireplace with a wall of windows, high ceilings creating an ambiance and open space . The chef's kitchen features refinished white cabinets, new dishwasher, hood and beautiful backsplash with a breakfast area leading to the bright sunroom for relaxing, Please Note the sunroom square foot is not included in the listing 5788 square foot . The junior master suite is on the main level-the perfect in-law suite with large closet completes the main level . Upstairs has the luxurious primary oversized owner’s suite with a sitting area , walk-in closet his/hers , walkout balcony and a fireplace creating a cozy ambiance for chilly nights . Upstairs also features a loft area which can be used as a bonus media area , office or play area with 2 additional bedrooms/Secondary bedroom has a private entry to the back deck for evening coffee. Third level features second master bedroom suite and additional 2 bedroom with full bath, home theater with led lights, sound system , and a wet bar . Backyard is truly an oasis with retaining walls for backyard design ! Private fenced with water fountain, gazebo , outdoor movie screening with speakers perfect movie night for family and friends!Outdoor lighting with a sprinkler system ,led lighting and wifi , 3 car garage , New roof and 3 new HVAC with high capacity,New wifi controlled Thermostats, new carpet, new hardwood flooring ,freshly painted throughout the house .The home is a fully smart energy efficient home . Award winning South Forsyth Schools and low taxes . Don’t miss this incredible opportunity to make this yours !

Details

Property type

Single Family Residence

Est. home value

$945,972

Lot size

9,148 sq ft

Price per sq ft

$208

Year built

2011

Annual property taxes

$6,981

Monthly HOA fee

$58.33

Price History

07/06/2024
FMLS

FMLS #7382218

Listed
$1,200,000
+269.23%
10/31/2011
FMLS

FMLS #4321313

Sold
$325,000

Schools & Community

Elementary school: 

Sharon - Forsyth

Middle school: 

South Forsyth

High school: 

South Forsyth

Community features: 

Pool, Sidewalks, Street Lights

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

$774,234
Asking price
$1,200,000
Closing costs (~8% of asking)
-$96,000
Est. remaining loan balance
-$329,766
Cash to seller
$774,234

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

Seller’s Loan History

Lender

Mutual Of Omaha Mortgage

Loan start date

October 2020

Original loan amount

$359,000

Est. remaining balance

$329,766

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Ramesh K Valluri and Seetha Valluri

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?

Status: Active

Tomo last checked: 07/06/2024 at 2:20 AM

Listing updated: 07/06/2024 at 1:45 AM

Listed by: Niloufer Panjwani, Virtual Properties Realty. Biz Phone #: (770) 495-5050

MLS: FMLS #7382218

FMLS logo

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