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$550,000

Beds
6
Baths
4.0
sq ft
3,510

5040 Mundy Ct, Cumming, GA 30028

5040 Mundy Ct

Cumming, GA 30028

  • 7 days on market
Nestled within the serene swim/tennis community of Hopewell Manor, this spacious 6-bedroom home offers an exceptional living experience in the highly sought-after Forsyth school district. The thoughtfully designed open floor plan seamlessly connects the great room, oversized kitchen, keeping room, and dining room, creating an inviting atmosphere perfect for both everyday living and entertaining. The kitchen is a culinary enthusiast's dream, boasting stained cabinets, sleek black and stainless steel appliances, recessed lighting, a pantry, and a convenient island/breakfast bar. The main floor also includes a separate dining room, a versatile office space, a bedroom, and a full bath. Ascend to the second level to discover the luxurious owner’s suite featuring vaulted ceilings, a sitting room with tray ceiling, double vanities, a large tile shower, and an oversized closet, alongside four additional bedrooms and another full bath. Outdoors, enjoy the tranquility of the spacious, flat, fenced-in backyard from your back porch and patio. Conveniently located near Highway 400, this home provides easy access to a plethora of shopping, dining, and recreational opportunities, including the scenic Lake Lanier. Roof is only 4 years old, and new water heater installed only 2 years ago.

Details

Property type

Single Family Residence

Est. home value

$540,320

Lot size

0.32 acres

Price per sq ft

$157

Year built

2007

Annual property taxes

$5,197

HOA fee

$662

Price History

03/27/2025
FMLS

FMLS #7544242

Listed
$550,000
+3.77%
07/29/2022
FMLS

FMLS #7059584

Sold
$530,000

Schools & Community

Elementary school: 

Silver City

Middle school: 

North Forsyth

High school: 

North Forsyth

Community features: 

Clubhouse, Playground, Pool, 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

$98,724
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$407,276
Cash to seller
$98,724

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

Seller’s Loan History

Lender

Knock Lending

Loan start date

July 2022

Original loan amount

$424,000

Est. remaining balance

$407,276

Interest rate

5.23%

Loan type

New Conventional, 30 year

Seller

Gregory C Stenger and Nancy L Stenger

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?

Status: Active

Tomo last checked: 04/04/2025 at 3:45 PM

Listing updated: 04/01/2025 at 10:12 AM

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

MLS: FMLS #7544242

FMLS logo

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