tomo logo

$625,000

Beds
4
Baths
2.5
sq ft
3,102

5352 Tormeall Trce, Suwanee, GA 30024

5352 Tormeall Trce

Suwanee, GA 30024

  • 16 days on market
    • Price drop $25,000↓
Here today and gone tomorrow!! Don't miss this great home. Features include, hardwood floors, granite counter tops, updated kitchen cabinets, updated appliances, granite, newer windows and more. All bathrooms have been updated as well. Other features include formal living room/office, warm family room with fireplace and bookcases, formal dining room, breakfast area, oversized owners suite with sitting room/office and three large secondary bedrooms. Terrace level is a blank slate ready for you to finish the way you want. It has great daylight and a stub for a bath. Private back yard with lovely creek.

Details

Property type

Single Family Residence

Est. home value

$615,842

Lot size

0.34 acres

Price per sq ft

$202

Year built

2000

Annual property taxes

$8,664

Monthly HOA fee

$50

Price History

06/29/2024
FMLS

FMLS #7408088

Price change
$625,000
-3.85%
06/20/2024
FMLS

FMLS #7408088

Listed
$650,000
+11.11%
04/28/2022
FMLS

FMLS #7016222

Sold
$585,000

Schools & Community

Elementary school: 

Riverside - Gwinnett

Middle school: 

North Gwinnett

High school: 

North Gwinnett

Community features: 

Sidewalks

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

$69,590
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$505,410
Cash to seller
$69,590

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

$526,500

Est. remaining balance

$505,410

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Erica C Rushing and Allen Ingram Rushing

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: 07/06/2024 at 2:10 AM

Listing updated: 06/29/2024 at 1:25 PM

Listed by: Harriet Dillard, HomeSmart Phone #: (404) 876-4901

MLS: FMLS #7408088

FMLS logo

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