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$415,000

Beds
3
Baths
2.0
sq ft
Unknown

5305 Pilgrim Point Rd, Cumming, GA 30041

5305 Pilgrim Point Rd

Cumming, GA 30041

  • 47 days on market
    • Price drop $4,000↓
Welcome to 5305 Pilgrim Point Rd in beautiful Cumming, GA! This fully renovated 3-bedroom, 2-bathroom single-story home blends modern upgrades with peaceful surroundings, making it ideal for families, lake lovers, or savvy investors seeking long-term rental potential. Nestled on over half an acre in rapidly growing Forsyth County, this property promises both comfort and value. With Lake Lanier just minutes away and public boat access only a mile from your door, the lake life is right within reach. Inside, enjoy a spacious open floor plan with fresh paint, new flooring, and updated appliances—all ready for your personal touch or immediate rental. Don’t miss out on this gem; it’s the perfect place to call home or add to your investment portfolio! Lender 1-0 buydown available! Reach out for more details.

Details

Property type

Single Family Residence

Est. home value

$333,632

Lot size

0.52 acres

Price per sq ft

Unknown

Year built

1986

Annual property taxes

$3,143

HOA

No

Price History

02/04/2025
FMLS

FMLS #7505563

Price change
$415,000
-0.95%
01/07/2025
FMLS

FMLS #7505563

Listed
$419,000
01/01/2025
FMLS

FMLS #7462347

Removed
$419,000

Schools & Community

Elementary school: 

Chattahoochee - Forsyth

Middle school: 

Little Mill

High school: 

East 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

$228,823
Asking price
$415,000
Closing costs (~8% of asking)
-$33,200
Est. remaining loan balance
-$152,977
Cash to seller
$228,823

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

Seller’s Loan History

Lender

Mortgage Investors Group

Loan start date

July 2020

Original loan amount

$169,750

Est. remaining balance

$152,977

Interest rate

3.15%

Loan type

New Conventional, 30 year

Seller

Deborah E Kelly and Stephen Rediger

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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7030 Valley Landing Ct, Cumming, GA 30041

Status: Active

Tomo last checked: 02/23/2025 at 5:00 PM

Listing updated: 02/22/2025 at 3:20 PM

Listed by: Eterno Realty Group, Keller Williams Realty Atlanta Partners Phone #: (678) 341-2900

MLS: FMLS #7505563

FMLS logo

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