tomo logo

$1,950,000

Beds
1
Baths
1.0
sq ft
Unknown

3725 Post Rd, Cumming, GA 30040

3725 Post Rd

Cumming, GA 30040

  • 370 days on market
The seller is currently working on rezoning for commercial use and price reflects commercial pricing. Please call agent for details on this great property at prime location. The home on the property is occupied by a tenant.

Details

Property type

Single Family Residence

Est. home value

$1,271,666

Lot size

6.34 acres

Price per sq ft

Unknown

Year built

1996

Annual property taxes

$4,029

Price History

09/30/2024
GeorgiaMLS

GeorgiaMLS #10225013

Price change
$1,950,000
+58990.91%
09/11/2024
GeorgiaMLS

GeorgiaMLS #10225013

Price change
$3,300
-99.83%
09/01/2024
GeorgiaMLS

GeorgiaMLS #10225013

Removed
$1,950,000

Schools & Community

Elementary school: 

Vickery Creek

Middle school: 

Vickery Creek

High school: 

West 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

$1,249,427
Asking price
$1,950,000
Closing costs (~8% of asking)
-$156,000
Est. remaining loan balance
-$544,573
Cash to seller
$1,249,427

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

Seller’s Loan History

Lender

Jones Rachel

Loan start date

March 2023

Original loan amount

$1,100,000

Est. remaining balance

$544,573

Interest rate

6.12%

Loan type

New Conventional, 3 year

Seller

Rajesh Chennuru

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: 11/05/2024 at 11:35 AM

Listing updated: 10/14/2024 at 4:40 PM

Listed by: Anthony Tedesco, Crye-Leike Commercial, Inc.

MLS: GeorgiaMLS #10225013

GeorgiaMLS logo

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