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$799,548Estimated home value

Beds
5
Baths
5.0
sq ft
4,791

5060 Lloyd Ln, Cumming, GA 30040

5060 Lloyd Ln

Cumming, GA 30040

  • Sold On 7/31/2020
    • Price drop $10,100↓
Completely updated and remodeled farmhouse chic 3 story home designed by HGTV featured designer! Who needs a basement when you have 3 levels of living including a bedroom, full bathroom, rec room, exercise room and storage on the 3rd level! Huge master suite w/ stunning updated master spa! Loft/custom office nook on second level w/ bedrooms and laundry room. Main level is open w/ library/office plus full bathroom, dining, mudroom, huge family room w/ views to fenced backyard. Gorgeous updated kitchen with coffee/beverage bar and tons of extra cabinets! Culdesac lot!

Details

Property type

Single Family Residence

Est. home value

$799,548

Property condition

Updated/Remodeled

Lot size

0.25 acres

Price per sq ft

$108

Year built

2012

Annual property taxes

$4,742

Monthly HOA fee

$70.83

Price History

11/04/2024
FMLS

FMLS #7412654

Removed
$830,000
07/15/2024
FMLS

FMLS #7412654

Listed
$830,000
+59.62%
07/31/2020
FMLS

FMLS #6682751

Sold
$520,000
+36.84%

Schools & Community

Elementary school: 

Kelly Mill

Middle school: 

Vickery Creek

High school: 

West Forsyth

Community features: 

Clubhouse, 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

$71,626
Asking price
$514,900
Closing costs (~8% of asking)
-$41,192
Est. remaining loan balance
-$402,082
Cash to seller
$71,626

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

Seller’s Loan History

Lender

Us Mortgage

Loan start date

July 2020

Original loan amount

$442,000

Est. remaining balance

$402,082

Interest rate

3.21%

Loan type

New Conventional, 30 year

Seller

Willem Johannes Petrus Needham and Marie Elize Needham

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: Off Market

Tomo last checked: 11/04/2024 at 11:30 PM

Listing updated: 06/05/2024 at 12:11 PM

Listed by: Aine Burns, Keller Williams Realty Community Partners Phone #: (678) 341-7400

MLS: FMLS #6682751

FMLS logo

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