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$686,427Estimated home value

Beds
6
Baths
4.5
sq ft
5,873

5485 Mirror Lake Dr, Cumming, GA 30028

5485 Mirror Lake Dr

Cumming, GA 30028

  • Sold On 8/21/2024
This beautiful 6 BR, 4.5 BTH home has an open concept and shows like a model home. Hardwoods flow throughout the entire home on all levels. There is a separate living room and dining room leading to an entertaining kitchen with large breakfast area. Gorgeous white kitchen has large island, granite counters, tile backsplash, stainless steel appliances, double ovens, refrigerator, oversized walk in pantry, overlooking the family room with inviting gas fireplace. With a guest bedroom and bath on the main, a mudroom, neutral colors, upgraded light fixtures, this home has it all. Enjoy your morning coffee on the lovely screened in deck just off the kitchen. Upstairs the huge Master Bedroom has a separate sitting room with a fireplace. Large, oversized master bath has double vanities, walk in closet and oversized shower. One of the 4 additional bedrooms has been converted to an amazing walk in closet. The other 3 large bedrooms share 2 additional bathrooms. Laundry room has a sink. Fully finished basement is open and spacious with hardwood floors, a wet bar and gym area with a wall of mirrors. Walk out basement takes you to beautiful and professionally terraced backyard with patio and fire pit area.

Details

Property type

Single Family Residence

Est. home value

$686,427

Lot size

0.23 acres

Price per sq ft

$125

Year built

2019

Annual property taxes

$5,735

Monthly HOA fee

$54.17

Price History

08/15/2024
FMLS

FMLS #7426047

Sold
$730,000
08/02/2024
FMLS

FMLS #7426047

Pending
$730,000
07/31/2024
FMLS

FMLS #7426047

Listed
$730,000
+43.14%

Schools & Community

Elementary school: 

Silver City

Middle school: 

North Forsyth

High school: 

North Forsyth

Community features: 

Playground, Pool, Sidewalks, Street Lights

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

$323,915
Asking price
$730,000
Closing costs (~8% of asking)
-$58,400
Est. remaining loan balance
-$347,685
Cash to seller
$323,915

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

Seller’s Loan History

Lender

Inspire Home Loans

Loan start date

June 2019

Original loan amount

$384,637

Est. remaining balance

$347,685

Interest rate

4.2%

Loan type

New Conventional, 30 year

Seller

Ivo Bibum Bilikha and Katrina Smith Bilikha

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: Off Market

Tomo last checked: 09/07/2024 at 7:25 PM

Listing updated: 08/22/2024 at 2:06 AM

Listed by: Cheryl Wallin, Atlanta Communities Phone #: (770) 240-2005

MLS: FMLS #7426047

FMLS logo

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