tomo logo

$830,000

Beds
5
Baths
5.0
sq ft
4,791

5060 Lloyd Ln, Cumming, GA 30040

5060 Lloyd Ln

Cumming, GA 30040

  • 23 days on market
Expansive 3 story home offers an abundance of space with limitless options. Beautiful and unique Farmhouse home that is a true one of a kind, designed by a HGTV featured designer. Renovated bathrooms with upgraded designer cabinets, lighting and mirrors in all 5 bathrooms. Brick arched ceiling in hall, trimless bullnose corners in open doorways add interest. The beautiful kitchen offers lots of cabinets, extensive countertop space, large island, and coffee bar that opens to a fireside family room. Office/Library, Dining Room, Full Bathroom, reading nook, Barn Door Wine Storage complete the main level. The second level presents a roomy loft with built in custom office nook, huge master suite with custom fireplace, gorgeous master bath with large walk-in shower, large secondary bedroom with ensuite, Hall full bathroom and third bedroom, large laundry room. The third level presents a large family room, full bathroom and 2 huge bedrooms with large closets. Private fenced backyard with patio off the kitchen and a side covered patio. Telfair offers a Swim/Tennis Team lifestyle, clubhouse and playground. Close to great schools, shopping/eateries, and parks. Cul-de-sac lot.

Details

Property type

Single Family Residence

Est. home value

$799,548

Lot size

0.25 acres

Price per sq ft

$174

Year built

2012

Annual property taxes

$7,319

Monthly HOA fee

$81.25

Price History

01/31/2025
FMLS

FMLS #7515841

Listed
$830,000
11/04/2024
FMLS

FMLS #7412654

Removed
$830,000
07/15/2024
FMLS

FMLS #7412654

Listed
$830,000
+59.62%

Schools & Community

Elementary school: 

Kelly Mill

Middle school: 

Vickery Creek

High school: 

West Forsyth

Community features: 

Clubhouse, Curbs, 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

$364,040
Asking price
$830,000
Closing costs (~8% of asking)
-$66,400
Est. remaining loan balance
-$399,560
Cash to seller
$364,040

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

$399,560

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: Active

Tomo last checked: 02/23/2025 at 12:20 PM

Listing updated: 02/01/2025 at 5:25 AM

Listed by: Debbie Martin, HomeSmart Phone #: (404) 876-4901

MLS: FMLS #7515841

FMLS logo

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