tomo logo

$569,990

Beds
4
Baths
3.0
sq ft
2,986

4025 Prescott Ct, Cumming, GA 30041

4025 Prescott Ct

Cumming, GA 30041

  • 39 days on market
    • Price drop $9↓
NO RENTAL RESTRICTIONS! Welcome to this spacious corner-lot home in the heart of Cumming, GA! It is a beautiful red brick front with dramatic columned elevation, on generous lot that provides remarkable curb appeal. The highly desirable layout with the 2-story family room is waiting for you to add your touches for an elevated living experience. The large side-entry garage adds both convenience and aesthetic curb appeal, seamlessly blending with the full walkout basement; ideal for additional living space, storage, or customization. This property is located near top-rated schools, vibrant shopping destinations, and quick highway access, making commuting to destinations like Avalon, North Georgia Premium Outlets, nearby parks and hiking trails a breeze. Enjoy the balance of quiet suburban living while staying connected to the convenience you desire. This home is truly an exceptional opportunity to purchase under appraised value to recreate something amazing.

Details

Property type

Single Family Residence

Est. home value

$600,755

Lot size

0.45 acres

Price per sq ft

$191

Year built

1997

Annual property taxes

$4,316

Monthly HOA fee

$14.58

Price History

12/09/2024
FMLS

FMLS #7484528

Price change
$569,990
11/26/2024
FMLS

FMLS #7484528

Price change
$569,999
-5%
11/13/2024
FMLS

FMLS #7484528

Listed
$599,999
+37.93%

Schools & Community

Elementary school: 

Mashburn

Middle school: 

Lakeside - Forsyth

High school: 

Forsyth Central

Community features: 

Restaurant, Sidewalks, Street Lights

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

$145,049
Asking price
$569,990
Closing costs (~8% of asking)
-$45,599
Est. remaining loan balance
-$379,342
Cash to seller
$145,049

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

Seller’s Loan History

Lender

Ameris Bank

Loan start date

April 2021

Original loan amount

$413,250

Est. remaining balance

$379,342

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Sanjay A Boodhoo and Alicia A Boodhoo

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: 12/22/2024 at 6:15 AM

Listing updated: 12/09/2024 at 2:15 PM

Listed by: Curtis Russell, Great Homes ATL, LLC Phone #: (404) 496-4456

MLS: FMLS #7484528

FMLS logo

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