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$749,900

Beds
4
Baths
3.5
sq ft
3,299

4910 Magnolia Creek Dr, Cumming, GA 30028

4910 Magnolia Creek Dr

Cumming, GA 30028

  • 11 days on market
    • Price drop $19,100↓
Nestled in the sought-after Magnolia Subdivision, this meticulously maintained updated home features 2 Master ensuites. Popular Matt Elementary, Liberty Middle, and N Forsyth school systems. One Master is on the Main level, and another is on the Upper level. The house has 4 large bedrooms with 3 full baths and 1 half bathroom. This spacious home offers hardwood floors on the main level, a separate dining room, a family room with a coffered ceiling, and a beautiful view of the private backyard and back porch. The kitchen has wood cabinets, many granite countertop areas for meal prep, a gas stovetop, double ovens, a walking pantry, an eat-in kitchen area, and an extended island overlooking a cozy den with a vaulted ceiling with a wood-burning fireplace. The upper level includes an open space currently used as an office, a Jack n Jill bathroom connecting 2 bedrooms, a nursery/large closet, and a large master en suite. There is a back porch overlooking the professionally landscaped, fenced backyard. Daylight basement/workshop/craft room, including a Doggie Bath! **A bonus feature of the home is a recently completed Detached Garage with 2 garage doors front and back. You will love the extra features of the custom-built workshop garage. There are too many features to list here. This home is truly remarkable. It is just minutes away from GA 400 and has highly rated schools and convenient proximity to shopping. This location is close to the Publix Shopping Center, Starbucks, Highway 400, and Coal Mountain Town Center.

Details

Property type

Single Family Residence

Est. home value

$670,390

Lot size

0.59 acres

Price per sq ft

$228

Year built

2004

Annual property taxes

$1,012

Monthly HOA fee

$57.92

Price History

07/05/2024
FMLS

FMLS #7408895

Price change
$749,900
-2.48%
06/25/2024
FMLS

FMLS #7408895

Listed
$769,000
+92.73%
12/18/2017
FMLS

FMLS #5909482

Sold
$399,000

Schools & Community

Elementary school: 

Matt

Middle school: 

Liberty - Forsyth

High school: 

North Forsyth

Community features: 

Pool, 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

$366,028
Asking price
$749,900
Closing costs (~8% of asking)
-$59,992
Est. remaining loan balance
-$323,880
Cash to seller
$366,028

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

Seller’s Loan History

Lender

Amerisave Mortgage

Loan start date

February 2021

Original loan amount

$350,506

Est. remaining balance

$323,880

Interest rate

2.66%

Loan type

New Conventional, 30 year

Seller

Cecil Louis Flowe and Penny Mcelveen Flowe

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: 07/06/2024 at 2:25 AM

Listing updated: 07/05/2024 at 7:26 PM

Listed by: Robin Palmer, Virtual Properties Realty.com Phone #: (770) 495-5050

MLS: FMLS #7408895

FMLS logo

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