tomo logo

$850,000

Beds
3
Baths
3.5
sq ft
Unknown

408 County Line Rd, Cumming, GA 30040

408 County Line Rd

Cumming, GA 30040

  • 74 days on market
    • Price drop $25,000↓
This lovely home was thoughtfully reimagined by the highly sought after luxury builder ECraft. Upon entering notice the hardwood floors in a classic gray finish, the stunning design features and beautiful natural light throughout. An open concept living, dining and kitchen makes for a perfect entertaining space indoors while the wide sliding glass doors allow for exterior entertaining on the large back deck. Chefs kitchen features gas range, custom hood, wood open shelves, quartz counters and a walk in pantry with original swing door. All three bedrooms have their own en suite bathroom that feel like a luxury hotel. The original farm was subdivided into 3 separate lots giving this original house just over 2 acres of flat land surrounded by 4 board fencing. With the zoned AG1 land you may decide to have a mini hobby farm or maybe just relax by a new pool in the perfect backyard. Working from home is easy with two dedicated private offices. Huge unfinished basement with lots of opportunity to finish as you wish as recreation space or consider adding a fourth bedroom & bath. Basement is a walkout that also features a third garage door for a tractor, golf cart, tools etc. Incredible location just over 6 minutes to "Baby Publix" and restaurants in Milton but Cherokee County taxes in the city of Cumming. A trifecta of desirable schools; Avery, Creekview, Creekland. This is the one you've been waiting for!

Details

Property type

Single Family Residence

Est. home value

$589,636

Property condition

Updated/Remodeled

Lot size

2.10 acres

Price per sq ft

Unknown

Year built

1967

Annual property taxes

$5,841

HOA

No

Price History

11/09/2024
FMLS

FMLS #7453093

Price change
$850,000
-2.86%
10/07/2024
FMLS

FMLS #7453093

Price change
$875,000
-2.67%
09/24/2024
FMLS

FMLS #7453093

Price change
$899,000
-2.81%

Schools & Community

Elementary school: 

Avery

Middle school: 

Creekland - Cherokee

High school: 

Creekview

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

$92,332
Asking price
$850,000
Closing costs (~8% of asking)
-$68,000
Est. remaining loan balance
-$689,668
Cash to seller
$92,332

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

Seller’s Loan History

Lender

Crescent Mortgage

Loan start date

May 2022

Original loan amount

$718,811

Est. remaining balance

$689,668

Interest rate

4.67%

Loan type

New Conventional, 30 year

Seller

Richard J Mohr and Rachael L Mohr

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 6:20 AM

Listing updated: 11/19/2024 at 1:45 PM

Listed by: Sarah Daley, Ansley Real Estate| Christie's International Real Estate Phone #: (770) 284-9900

MLS: FMLS #7453093

FMLS logo

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