tomo logo

$539,000

Beds
4
Baths
3.5
sq ft
2,092

3438 Old Towne Ln, Cumming, GA 30040

3438 Old Towne Ln

Cumming, GA 30040

  • 77 days on market
Meticulously maintained home nestled in the serene Old Towne Bethelview subdivision. The charm of this property begins with its setting, complete with a picturesque white picket fence. Spacious living, boasting 4 bedrooms and 3.5 bathrooms. The Primary Bedroom features a tray ceiling, walk-in closet and large bath; with beautiful new white butcher block countertops and square sinks. A second bedroom also features its own private bath. Downstairs, open and spacious living areas, designed with social gatherings and family time in mind. Kitchen is a chef's delight, equipped with granite countertops, hardwood floors, and new stainless steel appliances with view to a cozy fireplaced family room. A formal Living and Dining Room filled with natural sunlight, is a great area for the upcoming holidays. Back patio area serves as a tranquil escape, backing up to nature and offering a peaceful retreat from the hustle and bustle of daily life. New roof installed July 2023. The Icing on the Cake is the awesome Neighborhood Social Activities, Swimming Pool, Pickle Ball/Tennis Courts and Playground. Located just minutes away from the Big Creek Greenway, several Dog Parks, Vickery Village Shops & Restaurants and the Cumming City Center.

Details

Property type

Single Family Residence

Est. home value

$510,486

Lot size

6,098 sq ft

Price per sq ft

$258

Year built

2003

Annual property taxes

$3,921

Monthly HOA fee

$54.58

Price History

09/13/2024
FMLS

FMLS #7451189

Listed
$539,000
+239.53%
07/30/2012
FMLS

FMLS #4230062

Sold
$158,750
-22.82%
10/22/2008
FMLS

FMLS #3753697

Sold
$205,700

Schools & Community

Elementary school: 

Kelly Mill

Middle school: 

Hendricks

High school: 

West Forsyth

Community features: 

Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)

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

$361,275
Asking price
$539,000
Closing costs (~8% of asking)
-$43,120
Est. remaining loan balance
-$134,605
Cash to seller
$361,275

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

Seller’s Loan History

Lender

Suntrust Mtg Inc

Loan start date

October 2008

Original loan amount

$195,415

Est. remaining balance

$134,605

Interest rate

6.35%

Loan type

New Conventional, 30 year

Seller

Daniel A Shumard and Lee A Shumard

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
$609,900
4 bd
|
3.5 ba
|
2,671 sq ft
|
House

5915 Winding Lakes Dr, Cumming, GA 30028

Price drop
FMLS
$593,000
4 bd
|
3.5 ba
|
3,037 sq ft
|
House

5480 Landseer Way, Cumming, GA 30040

FMLS
$575,000
4 bd
|
3 ba
|
2,890 sq ft
|
House

7160 Wyngate Dr, Cumming, GA 30040

Status: Active

Tomo last checked: 11/22/2024 at 6:10 AM

Listing updated: 10/29/2024 at 4:55 PM

Listed by: Deborah Darling, Virtual Properties Realty.com Phone #: (770) 495-5050

MLS: FMLS #7451189

FMLS logo

Recently listed in Cumming

$560,000|3 bd|3.0 ba|House
$400,000|3 bd|2.5 ba|House
$679,999|5 bd|4.0 ba|House
$1,141,027|3 bd|3.0 ba|House
$540,000|4 bd|3.5 ba|Townhouse
$889,000|4 bd|3.5 ba|House
$429,900|4 bd|3.0 ba|House
$1,177,000|5 bd|5.0 ba|House
$438,000|4 bd|2.5 ba|House