tomo logo

$1,495,000

Beds
6
Baths
4.0
sq ft
3,452

4595 Poole Rd, Cumming, GA 30040

4595 Poole Rd

Cumming, GA 30040

  • 278 days on market
    • Price drop $104,000↓
PRICED $200K UNDER APPRAISED VALUE!! Welcome to an exclusive haven for equestrian enthusiasts in the heart of South Forsyth! Ask listing agent about a total of 352' of road frontage by acquiring neighboring property. Nestled on a sprawling 12-acre parcel, this secluded equestrian paradise offers the perfect blend of proximity to all the conveniences of Cumming and the tranquility of a private retreat. As you head down the lengthy driveway and pass through the welcoming front gate, your eyes will be drawn to the meticulously renovated ranch-style farmhouse. The kitchen, featuring white cabinets and stainless-steel counters, seamlessly flows into the living area with vaulted ceilings and striking wood beams. The primary bedroom features a shiplap accent wall, barn doors, and a renovated bathroom featuring a generously sized soaking tub and frameless glass shower. This home boasts modern upgrades throughout including new flooring, a decorative shiplap fireplace, and on-trend tile in the renovated bathrooms. The remaining two bedrooms have plenty of space and generous closets. Venture down to the newly constructed barn, a masterpiece completed in 2020, and prepare to be awestruck. The main level is a haven for horses, featuring six stalls, a tack room, a hot and cold wash station, hay storage, and a convenient half bath laundry room. You will also appreciate the programmable fly spray system. Head upstairs, where you'll discover additional living quarters with three bedrooms, a fully finished bathroom, and a second bathroom that is primed for you to finish with your personal touches. This space is designed for versatility, with the option to add a kitchen to suit your preferences. Abundant closets provide ample storage, while large windows offer breathtaking views of the fenced riding arena. Step outdoors to view the three generously sized fenced pastures, a spacious jumping arena with a platform for optimal viewing with nighttime lighting as an added bonus. A basketball court, storage shed, additional equipment storage, and trails in the uncleared acreage perfect for trail riding or four-wheeling! As an added bonus all farm equipment and horse-related essentials are available for those seeking an effortless transition into the equestrian lifestyle. Don't miss the chance to make this exceptional equestrian estate your own! Main house square footage is 1,508 and barn living space is roughly 1,700. This property is currently enrolled in a conservation use which provides preferential tax savings to the buyer who retains AG1 zoning. With an acceptable offer, seller is willing to break conservation for buyer and pay any associated fees. FREE APPRAISAL AND LENDER CREDITS AVAILABLE WITH PREFERRED LENDER. Please inquire with listing agent for more information. Appointment required.

Details

Property type

Single Family Residence

Est. home value

$1,046,005

Lot size

12.03 acres

Price per sq ft

$434

Year built

1986

Annual property taxes

$3,004

HOA

No

Price History

10/20/2024
FMLS

FMLS #7325714

Price change
$1,495,000
-6.5%
07/11/2024
FMLS

FMLS #7325714

Price change
$1,599,000
-3.03%
05/29/2024
FMLS

FMLS #7325714

Price change
$1,649,000
-2.71%

Schools & Community

Elementary school: 

Shiloh Point

Middle school: 

Piney Grove

High school: 

Denmark High School

Community features: 

Stable(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

$958,499
Asking price
$1,495,000
Closing costs (~8% of asking)
-$119,600
Est. remaining loan balance
-$416,901
Cash to seller
$958,499

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

Seller’s Loan History

Lender

Suntrust Bank

Loan start date

May 2019

Original loan amount

$465,000

Est. remaining balance

$416,901

Interest rate

4.06%

Loan type

New Conventional, 30 year

Seller

Christopher Allan Rainwater and Sandy R Rainwater

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: 11/05/2024 at 8:35 AM

Listing updated: 10/22/2024 at 10:50 AM

Listed by: Trish Hutcherson, Maximum One Premier Realtors Phone #: (470) 400-9877

MLS: FMLS #7325714

FMLS logo

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