tomo logo

$380,000

Beds
2
Baths
2.5
sq ft
Unknown

5062 Sherwood Way, Cumming, GA 30040

5062 Sherwood Way

Cumming, GA 30040

  • 22 days on market
    • Open house Nov 24
Join us this Saturday & Sunday for an Open house from 1 to 4 pm to discover your dream home! This charming residence has just been beautifully refreshed. You'll love the new LVP flooring that flows throughout the main level, along with stunning quartz countertops and stylish sinks and faucets in the kitchen and two bathrooms. With almost all-new lighting casting a warm glow, and stainless steel appliances that shine, this home truly feels inviting. The fresh carpet on the stairs, landing, and both bedrooms adds a cozy touch. Plus, with a brand-new HVAC system installed in June 2024, you can enjoy year-round comfort. The HOA replaced the roofs earlier this year. The hot water heater is only 4 years old. And let's not forget the sparkling clean exterior, the driveway, and back patio have been power washed, giving it a fresh, welcoming look. One of the bedrooms has an large extra living space. This space could be perfect for siblings to share as the 2nd bedroom. The extra space could be an office area too. BOTH bedrooms are spacious and could also be considered as primary bedrooms, this makes it a perfect roommate plan. The HOA fees are only $250 a month. The amenities for this neighborhood are outstanding, there is a beautiful pool and children's Pool, tennis courts, pickleball court and a basketball court. There is also a playground for children plus a large green space perfect for soccer or playing toss with your furry friends. This home is move-in ready and waiting for you to make it your own. We can't wait to see you there!

Details

Property type

Townhouse

Est. home value

$380,030

Lot size

4,356 sq ft

Price per sq ft

Unknown

Year built

2007

Annual property taxes

$2,463

Monthly HOA fee

$250

Price History

11/02/2024
FMLS

FMLS #7475904

Listed
$380,000
+95.88%
05/17/2017
FMLS

FMLS #5824104

Sold
$194,000

Schools & Community

Elementary school: 

George W. Whitlow

Middle school: 

Otwell

High school: 

Forsyth Central

Community features: 

Clubhouse, Pool, Tennis Court(s)

Number of units in community: 

147

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

$192,578
Asking price
$380,000
Closing costs (~8% of asking)
-$30,400
Est. remaining loan balance
-$157,022
Cash to seller
$192,578

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

Seller’s Loan History

Lender

Fidelity Bank

Loan start date

May 2017

Original loan amount

$184,300

Est. remaining balance

$157,022

Interest rate

4.14%

Loan type

New Conventional, 30 year

Seller

Timothy E Hendrixson

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: 11/21/2024 at 11:30 PM

Listing updated: 11/19/2024 at 4:39 PM

Listed by: Barbara Clayton, Keller Williams North Atlanta Phone #: (770) 663-7291

MLS: FMLS #7475904

FMLS logo

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