tomo logo

$465,000

Beds
3
Baths
2.0
sq ft
1,753

4055 Derby Dr, Cumming, GA 30040

4055 Derby Dr

Cumming, GA 30040

  • 8 days on market
Welcome to 4055 Derby Drive, a well appointed ranch home, nestled on a quiet road in a sought after location. This charming home has been thoughtfully updated by its current owners. As you enter, you'll be greeted by an open and inviting floor plan featuring a spacious living room with abundant natural light and a cozy fireplace, ideal for relaxing or entertaining guests. The renovated kitchen is well-equipped with modern appliances, ample cabinet space, and a breakfast nook for casual dining. The island is perfect for prepping meals and entertaining, and features bar seating beneath. Off the kitchen you will find a designated office area, which is perfect for those who work from home. The primary bedroom offers a peaceful retreat with an ensuite bathroom that includes granite counter top, soaking tub, and separate shower. The two secondary bedrooms share an updated secondary bathroom. This inviting home has been thoughtfully updated and features, fresh paint, new flooring throughout, crown molding, and new light fixtures throughout. Enjoy outdoor living , the large backyard is perfect for gardening, grilling, relaxing on the patio, or enjoying the fire pit on the extended patio. This location offers easy access to Vickery Village, Halcyon, GA 400, midway park, and top-rated schools just moments away!

Details

Property type

Single Family Residence

Est. home value

$425,420

Lot size

0.66 acres

Price per sq ft

$266

Year built

1987

Annual property taxes

$2,596

HOA

No

Price History

09/20/2024
FMLS

FMLS #7459411

Listed
$465,000
+89.02%
04/19/2018
FMLS

FMLS #5981899

Sold
$246,000

Schools & Community

Elementary school: 

Sawnee

Middle school: 

Vickery Creek

High school: 

West Forsyth

Community features: 

None

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Us Bank

Loan start date

June 2022

Original loan amount

$93,455

Est. remaining balance

$90,314

Interest rate

5.11%

Loan type

New Conventional, 30 year

Seller

Andrew D Hoffritz and Caroline Hoffritz

Lender

Sanctuary Home Mortgage

Loan start date

November 2020

Original loan amount

$230,000

Est. remaining balance

$210,490

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Andrew Hoffritz and Caroline Hoffritz

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: 09/28/2024 at 9:35 PM

Listing updated: 09/27/2024 at 1:09 AM

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

MLS: FMLS #7459411

FMLS logo

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