tomo logo

$720,000

Beds
5
Baths
3.0
sq ft
3,103

5130 Otter Creek Run, Cumming, GA 30040

5130 Otter Creek Run

Cumming, GA 30040

  • 31 days on market
Welcome to this exceptional 5 bedroom, 3 bath ranch home located in the Shiloh Creek swim/tennis subdivision districted for Denmark High School. This inviting home offers a spacious and versatile floorplan perfect for anyone seeking a blend of comfort and functionality plus modern convenience paired with tranquil outdoor living spaces! The contemporary lifestyle is showcased from the exterior curb appeal featuring extensive hardscaping to the interior decor including sleek cabinetry and timeless design. Do you love to ENTERTAIN? This home is the one! The outdoor living spaces feature a Screened Cabana with Hot Tub and large deck with built in seating will make for fun gatherings with family and friends. The Kitchen has 2 dishwashers and a top tier refrigerator to make entertaining prep and clean up a breeze! The ranch style footprint of this home features living and dining areas open to the kitchen plus a split bedroom plan versatile for multigenerational living. The floorplan flows well for easy living with main level Owners suite and two guest bedrooms. Prepare to be WOWed by the primary owners' space featuring a spa bathroom with steam shower, heated floors, soaking tub and spacious CUSTOM closet with modern cabinetry, lighted dressing vanity area, customized glass closets plus integrated laundry/ironing cabinetry. Amazing use of space! Adjacent to the garage entry are stairs leading to an expansive upstairs suite that you must see to fully appreciate. There is a stunning flex bonus/4th bedroom detailed with vaulted ceiling and beams. Options galore depending on your lifestyle. Would be an amazing recreation room for a billiards table, for homeschooling activities or even a yoga/dance studio with the new LVP flooring. Adjacent is a full suite with 5th guest bedroom and full bath plus walk in storage areas. Just step outside to your private outdoor oasis, where every detail has been considered. Enjoy year-round relaxation in the Screened Cabana complete with a hot tub or host gatherings on the low-maintenance TREX deck with built in seating. The fully fenced backyard is a gardener's dream, featuring a greenhouse for cultivating plants and vegetables plus a large workshop/storage "She Shed" equipped with an A/C unit for comfort and practicality. Not to be missed are the garages that can house up to 4 cars and additional parking pad. The 3rd deep tandem garage bay fits 2 cars but can serve as 'ManCave' workshop, boat storage or golf cart parking. It also features custom cabinetry for storage and a beverage fridge. All this plus a prime location in the Forsyth County school district that also has private schools nearby. Take advantage of a lifestyle of comfort and outdoor enjoyment. Easy access to GA-400, Highway 9, and the Big Creek Greenway for commuting, biking, walking, and outdoor enjoyment. You'll also be just minutes from premier shopping, dining, and entertainment at Halcyon and The Collection. Both Emory Johns Creek Hospital and Northside Forsyth Hospital are just a short drive away. Currently priced below appraisal for a quick sale. Act now for your opportunity to own this exceptional property in one of Forsyth County's most desirable areas! Schedule your private tour today and make this house your forever home.

Details

Property type

Single Family Residence

Est. home value

$589,526

Property condition

Updated/Remodeled

Lot size

0.46 acres

Price per sq ft

$233

Year built

1995

Annual property taxes

$5,347

Monthly HOA fee

$73.33

Price History

11/21/2024
FMLS

FMLS #7488794

Listed
$720,000
+140.08%
12/29/2010
FMLS

FMLS #4131787

Sold
$299,900
05/11/2007
FMLS

FMLS #3394599

Sold
$299,900

Schools & Community

Elementary school: 

New Hope - Forsyth

Middle school: 

DeSana

High school: 

Denmark High School

Community features: 

Pool, 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

$465,479
Asking price
$720,000
Closing costs (~8% of asking)
-$57,600
Est. remaining loan balance
-$196,921
Cash to seller
$465,479

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 Bk Mtg

Loan start date

December 2010

Original loan amount

$287,754

Est. remaining balance

$196,921

Interest rate

4.17%

Loan type

FHA, 30 year

Seller

Tina R Hudson

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: 12/22/2024 at 4:35 AM

Listing updated: 12/17/2024 at 9:40 AM

Listed by: Tricia Williams, Berkshire Hathaway HomeServices Georgia Properties Phone #: (770) 844-8484

MLS: FMLS #7488794

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