tomo logo

$575,000

Beds
3
Baths
1.0
sq ft
Unknown

3534 Dahlonega Hwy, Cumming, GA 30028

3534 Dahlonega Hwy

Cumming, GA 30028

  • 27 days on market
Huge potential commercial opportunity adjacent to the new Coal Mountain Town Center now under construction. This lot (currently zoned A1) is 1.04 +/- acres and is adjacent to a 2.63 acre tract currently available (FMLS 7459900) with over 300 ft of road frontage on Dahlonega Highway. Total assemblage is 3.64 +/- acres. The small home on the property is a rental, so access to the inside of the home is not possible without listing agent present. Make an appointment via showingtime if you want to walk the property yourself.

Details

Property type

Single Family Residence

Est. home value

$296,849

Lot size

1.04 acres

Price per sq ft

Unknown

Year built

1958

Annual property taxes

$3,277

HOA

No

Price History

10/25/2024
FMLS

FMLS #7473394

Listed
$575,000
+121.15%
10/31/2022
FMLS

FMLS #7124788

Sold
$260,000

Schools & Community

Elementary school: 

Coal Mountain

Middle school: 

North Forsyth

High school: 

North Forsyth

Community features: 

None

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

$496,121
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$32,879
Cash to seller
$496,121

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

Seller’s Loan History

Lender

Guaranty Mtg Svcs Llc

Loan start date

September 2001

Original loan amount

$76,000

Est. remaining balance

$32,879

Interest rate

7%

Loan type

New Conventional, 30 year

Seller

Beverly, Norman S & Marilyn H

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 12:35 AM

Listing updated: 11/17/2024 at 6:05 AM

Listed by: Ron Bouknight, Atlanta Fine Homes Sotheby's International Phone #: (770) 442-7300

MLS: FMLS #7473394

FMLS logo

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