tomo logo

$899,500

Beds
5
Baths
3.5
sq ft
4,084

3895 Overlake Dr, Cumming, GA 30041

3895 Overlake Dr

Cumming, GA 30041

  • 15 days on market
    • Price drop $9,500↓
Welcome to this meticulously updated home in the coveted swim/ tennis community, Chattahoochee River Club. UPGRADES: NEW ROOF WITH DOWNSPOUTS, NEW AC, COMPLETELY REMODELED KITCHEN, FULLY FINISHED TERRACE LEVEL, MILLWORK, LUTRON CASETA SMART LIGHTING CONTROLS, SECURITY SYSTEM AND MORE. Just minutes away from Lake Sydney Lanier, Buford Dam, Lake Lanier, Northside Forsyth Hospital, store, shops, restaurants and hiking trails. Upon entering through a grand two-story entrance foyer, you will fall in love with an open concept main floor with separate dining room, and a great room with a cozy fireplace. Updated kitchen offers a massive island, custom illuminated cabinets, stainless steel appliances, and an oversized pantry complete with a wet bar and wine cooler. Adjacent to the kitchen, a bright breakfast nook is bathed in natural light, making it an ideal spot for morning coffee. Luxurious primary suite features a tray ceiling, a spacious sitting area, and an expansive walk-in closet. Spa-like bathroom with a soaking tub, a double vanity, and a separate shower room. Three additional bedrooms and two full baths are located on the upper level, providing ample space for family or guests. Fully finished terrace level adds even more living space, with a kitchenette, a bedroom, a full bath, and a custom laundry room with a granite folding table. Outside, oversized private backyard offers plenty of room for relaxation. HOA amenities include resort-style pools, six tennis/pickleball courts, baseball fields, a swim team, an amphitheater, a clubhouse, two gyms, and a baseball park. Don’t miss the opportunity to make it yours—schedule a showing today!

Details

Property type

Single Family Residence

Est. home value

$692,752

Lot size

0.67 acres

Price per sq ft

$221

Year built

1998

Annual property taxes

$4,927

Monthly HOA fee

$104.17

Price History

11/19/2024
FMLS

FMLS #7482100

Price change
$899,500
-1.05%
11/06/2024
FMLS

FMLS #7482100

Listed
$909,000
-0.66%
11/04/2024
FMLS

FMLS #7406173

Removed
$915,000

Schools & Community

Elementary school: 

Haw Creek

Middle school: 

Lakeside - Forsyth

High school: 

South Forsyth

Community features: 

Clubhouse, Fishing, 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

$410,078
Asking price
$899,500
Closing costs (~8% of asking)
-$71,960
Est. remaining loan balance
-$417,462
Cash to seller
$410,078

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

Seller’s Loan History

Lender

Broker Solutions

Loan start date

January 2022

Original loan amount

$444,000

Est. remaining balance

$417,462

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Paul Arthur Hill and Giulia Hill

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: 11/21/2024 at 11:25 PM

Listing updated: 11/19/2024 at 9:55 AM

Listed by: Felipe Poveda, Weichert, Realtors - The Collective Phone #: (404) 848-0996

MLS: FMLS #7482100

FMLS logo

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