tomo logo

$895,000

Beds
5
Baths
4.0
sq ft
4,322

4110 Homestead Ridge Dr, Cumming, GA 30041

4110 Homestead Ridge Dr

Cumming, GA 30041

  • 19 days on market
    • Price drop $25,000↓
Welcome to an extraordinary residence nestled in the prestigious Three Chimneys Farm community, an enclave renowned for its exceptional schools, family-friendly environment, and luxurious living standards. This stunning home exemplifies perfection in every detail, offering a harmonious blend of elegance, modern comfort, and exquisite craftsmanship. The 3-sided brick construction and the outdoor living spaces are truly remarkable, featuring two decks that provide ideal settings for both relaxation and entertaining. Imagine sipping your morning coffee or hosting an evening gathering while overlooking the meticulously landscaped side and back yards, accented by the sight and sound of serene waterfalls cascading from the picturesque creek below, creating a private oasis that brings nature’s beauty right to your doorstep. Step inside to discover an open floor plan, with high ceilings that enhance the sense of space, and large windows that flood the home with natural light. The main living areas flow seamlessly, making it easy to host family gatherings or intimate dinner parties. The chef’s kitchen, equipped with ample counter space, is perfect for culinary enthusiasts and casual cooks alike. The master suite includes a spa-like ensuite bathroom and spacious chandelier-lit walk-in closet. Total of 5 bedrooms and 4 bathrooms, this home provides ample space for family members and guests. The partially finished spacious full basement is a canvas waiting for your final personal touch. Whether you envision a state-of-the-art home theater, a fitness center, expansive office, or an additional living area, this space offers endless possibilities to create a customized haven that suits your lifestyle. Living in the Three Chimneys Farm community means enjoying access to an array of amenities designed to enhance your quality of life. The community features swimming pool, tennis court, walking trails, playground, and a variety of social activities that foster a vibrant and engaging neighborhood. Furthermore, the home’s prime location ensures that you are close to top-rated schools, shopping, dining, and entertainment options, providing convenience and an exceptional living experience.

Details

Property type

Single Family Residence

Est. home value

$815,870

Lot size

0.43 acres

Price per sq ft

$208

Year built

1999

Annual property taxes

$6,102

Monthly HOA fee

$89.17

Price History

07/02/2024
FMLS

FMLS #7401384

Price change
$895,000
-2.72%
06/20/2024
FMLS

FMLS #7401384

Price change
$920,000
-3.16%
06/19/2024
FMLS

FMLS #7401384

Price change
$950,000
+2.7%

Schools & Community

Elementary school: 

Sharon - Forsyth

Middle school: 

South Forsyth

High school: 

South Forsyth

Community features: 

Clubhouse, Lake, Playground, 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

$414,317
Asking price
$895,000
Closing costs (~8% of asking)
-$71,600
Est. remaining loan balance
-$409,083
Cash to seller
$414,317

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

September 2020

Original loan amount

$446,500

Est. remaining balance

$409,083

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Shari Lynn Ellis

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: 07/02/2024 at 2:10 PM

Listing updated: 07/02/2024 at 8:58 AM

Listed by: Sherine Loudermilk, Century 21 Connect Realty Phone #: (770) 640-6800

MLS: FMLS #7401384

FMLS logo

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