tomo logo

$400,000

Beds
3
Baths
3.0
sq ft
2,000

5365 Renault St, Cumming, GA 30041

5365 Renault St

Cumming, GA 30041

  • <1 day on market
Discover the charm of this Cumming, GA home located at 5365 Renault St, offering a comfortable and versatile living space. Built in 2001, this property features a valuable finished basement. The finished basement hosts a full second kitchen, adding amazing value to the property. The back porch includes a bar area and a smokehouse, ideal for entertaining and those who love outdoor cooking. The home boasts a remodeled downstairs bathroom, adding a touch of modern elegance. Residents will appreciate the convenient lake access, providing opportunities for recreation and relaxation. This home also benefits from practical upgrades, including a 4-year-old roof and AC unit, and a Honeywell security system (in need of service) and flood lights, for added security. With three separate entrances and exits, this property offers enhanced convenience and flow. This residence presents a unique opportunity to enjoy a comfortable lifestyle in a desirable Cumming location, close to attractions like the Cumming Fairgrounds, and a variety of dining options such as Feed The Well BBQ & Biscuit Barn, Homestead, and Gasthaus Tirol. Shopping is also convenient, with Cumming Marketplace, Cumming Town Center, and The Collection at Forsyth nearby.

Details

Property type

Single Family Residence

Est. home value

$291,397

Lot size

5,227 sq ft

Price per sq ft

$200

Year built

2001

Annual property taxes

$2,238.1

HOA

No

Price History

03/01/2025
GeorgiaMLS

GeorgiaMLS #10469257

Listed
$400,000
+498.8%
01/31/2013
FMLS

FMLS #5091826

Sold
$66,800

Schools & Community

Elementary school: 

Chattahoochee

Middle school: 

Little Mill

High school: 

East Forsyth

Community features: 

Lake

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

$315,592
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$52,408
Cash to seller
$315,592

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

Seller’s Loan History

Lender

Nationpoint

Loan start date

July 2005

Original loan amount

$95,900

Est. remaining balance

$52,408

Interest rate

5.71%

Loan type

New Conventional, 30 year

Seller

Tomlin, Randall M

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?

Status: Active

Tomo last checked: 03/01/2025 at 3:05 PM

Listing updated: 03/01/2025 at 12:19 PM

Listed by: Makayla, Living Out Loud Real Estate Solution

MLS: GeorgiaMLS #10469257

GeorgiaMLS logo

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