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$450,000

Beds
3
Baths
2.0
sq ft
1,956

3240 Marine Rd, Cumming, GA 30041

3240 Marine Rd

Cumming, GA 30041

  • 80 days on market
    • Price drop $9,000↓
NEW PRICE!!! Was $459,000 NOW $450,000 for quick sale. Your home at Lake Lanier is here! This great and spacious home sits in the desirable Lanier Country Club Estates which offers serene privacy with easy and quick Lake Lanier access at Little Ridge Park and also great access to GA400 exit 14-Buford Dam Rd shopping/retail centers and restaurants just minutes away. No HOA in this neighborhood so no added expense there. Enjoy lake life without a high price tag! Perfect for a vaca rental/investment too!! The home features new LVP flooring and gorgeous hardwoods on main, BEAUTIFUL Kitchen with high end QUARTZITE COUNTERTOP and NEWER CREAM CABINETS, NEW MICROWAVE, NEW FARMHOUSE SINK, NEW INDUCTION COOKTOP, CUSTOM MADE BARN DOORS, NEW WATER HEATER, lawn sprinkler system and rest on the back deck under the large Gazebo! Updated rear sliding door and select windows too! All bedrooms on the main floor with a bonus LOFT area upstairs overlooking the Greatroom. Master bathroom updated with a beautiful double Marble vanity and a spa shower system. Master closet also maximized with a built-in custom hanging and shelving system. Downstairs is a finished basement you can use for whatever you like. Currently an artist studio, it would also make a wonderful workout area, rec room or simply more storage. It's up to you. Just fantastic to have that space! Homes across the street are lakefront with docks. Location just cannot be beat. Lanier access is a 5 minute drive away. Have a boat or getting one? Little Ridge Park has ample parking for autos and trailers with 2 very gradual boat ramps. Two marina's close by...Habersham Marina and Bald Ridge Marina. You will LOVE your life at the lake!

Details

Property type

Single Family Residence

Est. home value

$411,188

Lot size

0.34 acres

Price per sq ft

$231

Year built

1988

Annual property taxes

$3,389

HOA

No

Price History

10/14/2024
FMLS

FMLS #7442696

Price change
$450,000
-1.96%
09/25/2024
FMLS

FMLS #7442696

Price change
$459,000
-1.29%
08/21/2024
FMLS

FMLS #7442696

Listed
$465,000

Schools & Community

Elementary school: 

Mashburn

Middle school: 

Lakeside - Forsyth

High school: 

Forsyth Central

Community features: 

Fishing, Lake, Park

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

$358,852
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$55,148
Cash to seller
$358,852

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

Seller’s Loan History

Lender

Wells Fargo Hm Mtg Inc

Loan start date

April 2003

Original loan amount

$118,000

Est. remaining balance

$55,148

Interest rate

5.67%

Loan type

New Conventional, 30 year

Seller

Michel, Jameds

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: 11/09/2024 at 11:45 AM

Listing updated: 10/25/2024 at 6:57 PM

Listed by: Jeff Fedder, Keller Williams Realty Intown ATL Phone #: (404) 541-3500

MLS: FMLS #7442696

FMLS logo

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