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$446,709Estimated home value

Beds
3
Baths
2.0
sq ft
1,780

5525 Hancock Ln, Cumming, GA 30041

5525 Hancock Ln

Cumming, GA 30041

  • Sold On 9/4/2024
Welcome to 5525 Hancock Lane, a stunning residence situated on a huge, level lot in Forsyth County! This 3-bedroom, 2-bathroom home offers the perfect blend of modern style and classic charm, ideal for families seeking comfort, convenience, and top-rated educational opportunities. Close proximity to Lake Lanier, GA-400, shopping and the outlet mall. As you step inside you are greeted with a cozy entryway, beautiful hardwood floors and a family room perfect for entertaining or a relaxing evening at home. The galley kitchen offers an eat-in area, gas stove/cooktop, and an oversized sink. Retreat to the spacious master suite, complete with two closets and an ensuite bathroom featuring a soaking tub, dual sinks, and a separate shower. The finished basement features a large room with a window, great for a movie room, an extra bedroom, an office, or a workout area. The oversized garage has storage space and the potential for a workshop. There is also additional unfinished basement space, great for storage or future expansion. This home also features Elfa closet organizers, an upgraded Trex deck, and a gazebo. The long driveway allows for plenty of space to accommodate multiple cars or a boat. This is a must see home , it won’t last long!

Details

Property type

Single Family Residence

Est. home value

$446,709

Lot size

0.59 acres

Price per sq ft

$248

Year built

2005

Annual property taxes

$3,184

Price History

08/27/2024
FMLS

FMLS #7415965

Sold
$445,000
+1.16%
07/22/2024
FMLS

FMLS #7415965

Pending
$439,900
07/15/2024
FMLS

FMLS #7415965

Listed
$439,900

Schools & Community

Elementary school: 

Chestatee

Middle school: 

Little Mill

High school: 

East Forsyth

Community features: 

Street Lights

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Connexus Credit Union

Loan start date

April 2023

Original loan amount

$80,000

Est. remaining balance

Not provided

Interest rate

6.73%

Loan type

New Conventional

Seller

Andres Ortega and Shelby Ortega

Lender

Regions Bank

Loan start date

February 2021

Original loan amount

$233,750

Est. remaining balance

$214,597

Interest rate

2.66%

Loan type

New Conventional, 30 year

Seller

Andres Ortega and Shelby Ortega

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: Off Market

Tomo last checked: 10/05/2024 at 3:45 PM

Listing updated: 09/05/2024 at 1:55 AM

Listed by: Chay Vercek, Maximum One Premier Realtors Phone #: (470) 400-9877

MLS: FMLS #7415965

FMLS logo

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