tomo logo

$950,000

Beds
3
Baths
2.0
sq ft
1,476

5125 Dahlonega Hwy, Cumming, GA 30028

5125 Dahlonega Hwy

Cumming, GA 30028

  • 209 days on market
    • Price drop $50,000↓
4.125 acres close to everything! Great potential to subdivide with 747 feet of road frontage. Over 2 acres to the right of the residence . This 4 sides brick ranch has been completely remodeled and furnished.The home features new windows, electrical, gas lines and plumbing. Water and well water with remodeled well house. Residence has a new enclosed 2 car garage in addition to an oversized 575 sqft commercial grade 3 bay garage with separate office behind the residence. Heavily wooded with hunting opportunities.Off roading trails through the property. Live, work and play on site!

Details

Property type

Single Family Residence

Est. home value

$585,610

Property condition

Updated/Remodeled

Lot size

4.07 acres

Price per sq ft

$644

Year built

1951

Annual property taxes

$4,638

HOA

No

Price History

02/11/2025
FMLS

FMLS #7434277

Price change
$950,000
-5%
02/07/2025
FMLS

FMLS #7434277

Price change
$1,000,000
-33.33%
12/09/2024
FMLS

FMLS #7434277

Price change
$1,500,000
+50.15%

Schools & Community

Elementary school: 

Silver City

Middle school: 

North Forsyth

High school: 

North Forsyth

Community features: 

None

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

$420,085
Asking price
$950,000
Closing costs (~8% of asking)
-$76,000
Est. remaining loan balance
-$453,915
Cash to seller
$420,085

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

Seller’s Loan History

Lender

Fairway Independent Mortgage

Loan start date

April 2022

Original loan amount

$479,751

Est. remaining balance

$453,915

Interest rate

3.76%

Loan type

FHA, 30 year

Seller

John M Marshall

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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FMLS
$975,000
5 bd
|
4 ba
|
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5765 Riley Rd, Cumming, GA 30028

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New
FMLS
$999,000
4 bd
|
3.5 ba
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House

6490 Mockingbird Rd, Cumming, GA 30028

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FMLS
$1,066,995
5 bd
|
5 ba
|
3,409 sq ft
|
House

7170 Pond View Dr, Cumming, GA 30028

Status: Active

Tomo last checked: 03/03/2025 at 11:50 PM

Listing updated: 02/11/2025 at 9:15 PM

Listed by: Deborah Cook Assoc Broker, Berkshire Hathaway HomeServices Georgia Properties Phone #: (678) 352-3314

MLS: FMLS #7434277

FMLS logo

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