tomo logo

$475,000

Beds
4
Baths
2.5
sq ft
3,171

5045 Fieldgate Ridge Dr, Cumming, GA 30028

5045 Fieldgate Ridge Dr

Cumming, GA 30028

  • 75 days on market
    • Price drop $4,000↓
Welcome to this spacious home in the coveted Wild Meadows Neighborhood. Featuring an inviting open-concept design, this residence offers ample room for both relaxation and entertainment. The expansive kitchen is equipped with stainless steel appliances and a large island, perfect for culinary enthusiasts and family gatherings. A cozy family room area with a fireplace provides a comfortable retreat, while there is additional space in the living and dining rooms. Upstairs, the master suite boasts a generous ensuite bathroom with dual sinks and a soaking tub. Additionally, a separate office offers an ideal workspace and great-sized secondary bedrooms. Highlights include a convenient laundry mudroom, expansive windows for natural light, and a backyard patio for outdoor enjoyment. This home combines comfort, functionality, and style in a sought-after neighborhood known for its excellent schools and community amenities.

Details

Property type

Single Family Residence

Est. home value

$484,514

Lot size

9,148 sq ft

Price per sq ft

$150

Year built

2005

Annual property taxes

$3,316

Monthly HOA fee

$50

Price History

10/29/2024
FMLS

FMLS #7443314

Price change
$475,000
-0.84%
10/25/2024
FMLS

FMLS #7443314

Listed
$479,000
10/20/2024
FMLS

FMLS #7443314

Removed
$479,000

Schools & Community

Elementary school: 

Silver City

Middle school: 

North Forsyth

High school: 

North Forsyth

Community features: 

Playground, Pool, 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

$211,277
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$225,723
Cash to seller
$211,277

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

Seller’s Loan History

Lender

Jfq Lending

Loan start date

December 2021

Original loan amount

$240,000

Est. remaining balance

$225,723

Interest rate

3.14%

Loan type

New Conventional, 30 year

Seller

Lauren Clevenger Holmes and Colly Derrick Holmes

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: 10/29/2024 at 9:35 AM

Listed by: Mark Spain, Mark Spain Real Estate Phone #: (770) 886-9000

MLS: FMLS #7443314

FMLS logo

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