tomo logo

$425,000

Beds
3
Baths
2.0
sq ft
Unknown

5305 Pilgrim Point Rd, Cumming, GA 30041

5305 Pilgrim Point Rd

Cumming, GA 30041

  • 8 days on market
Welcome to 5305 Pilgrim Point Rd in the heart of Cumming, GA! This beautifully renovated, single-story 3 bed, 2 bath home offers the perfect blend of modern updates and serene living. Just minutes from Lake Lanier, with public boat access only a mile away, you'll enjoy the best of lake life right at your doorstep. Step inside to an inviting open floor plan, fresh paint, new flooring, and updated appliances; ready for you to move right in. Situated on over half an acre in the rapidly growing Forsyth County, this gem won't last long. Don't miss your chance to make it yours!

Details

Property type

Single Family Residence

Est. home value

$333,632

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

Unknown

Year built

1986

Annual property taxes

$3,143

HOA

No

Price History

09/26/2024
FMLS

FMLS #7462347

Listed
$425,000
+142.86%
07/17/2020
FMLS

FMLS #6712644

Sold
$175,000
+25%
09/21/2007
FMLS

FMLS #3519617

Sold
$140,000

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

$236,397
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$154,603
Cash to seller
$236,397

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

$154,603

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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Status: Active

Tomo last checked: 10/05/2024 at 12:25 AM

Listing updated: 09/29/2024 at 3:15 PM

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

MLS: FMLS #7462347

FMLS logo

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