tomo logo

$1,249,900

Beds
6
Baths
4.5
sq ft
6,905

5527 Franklin Goldmine Rd, Cumming, GA 30028

5527 Franklin Goldmine Rd

Cumming, GA 30028

  • 7 days on market
This one checks all the boxes! Elegant 2018 Built Craftsman Style Home on 1.66 Acres. 6 Bedrooms, 4.5 Baths with Master on Main AND Full Finished Basement including Teen/In-Law Suite. The Privacy Gate with Stone Columns, Decorative Lighting & Camera/Keypad/Remote Access welcomes you. Covered Rocking Chair Front Porch with Brick Pavers. Beautiful Hardwood Floors on Main Level. Gorgeous Chef's Kitchen featuring Granite Counters, Black Stainless Appliances & Tile Backsplash. A Large Center Island, Farm Sink with Instant Hot Water & Double Ovens complete this Entertaining Space. Spacious Formal Dining Room with Butler's Pantry & Separate Breakfast Area. Open Concept Family Room Boasts High Beamed Ceilings with Stone Fireplace, Built-in Bookshelves & Great Natural Light. Private Dedicated Office on First Floor. Generous Primary Suite on Main Level with Very Large Closet. Master Bath has Double Vanity, Quartz Counters, Soaking Tub & Oversized Tile Shower. Laundry/Mud Room with Hall Tree adjacent to Secondary Pantry. Hardwood Stairs lead you up to a HUGE Flex/Media Room. In addition, there are 3 More Bedrooms and 2 Baths including a Jack/Jill Setup. Upstairs also a Storage Room. This Custom 2022 Finished Basement will be the envy of all your friends. It has Amazing Natural Light and features a Family Room with White Brick Fireplace, 2 Bedrooms & Large Full Bath. This space also includes Teen/In-Law Suite with a Full Kitchen that has Granite Counters, Stainless Appliances, Center Island & Pendant Lighting. In addition, there is a Must See Theatre Room with Sound System & Fully Reclining Movie Chairs with Vibration synched to sound. 2 Finished Storage Rooms. Basement was finished with Mold Defense Insulation. Private Patio and HUGE, FLAT Fenced Yard with Room to Play for Kids/Pets. Oversized Screen Porch with Fireplace Perfect for Fall Evenings and Separate Grilling Deck off Main Level. 2018 Roof & Water Heater. 2022 Basement HVAC. 2018 Main Level Upstairs/HVACs. All 3 Fireplaces have Switch Activated Electric Starter Gas Logs. 3 Car Garage with Insulated Doors. 3rd Garage features Storage Cabinets and Workbench. Full Yard Irrigation System with 12" Iron Drains throughout Yard. Just Minutes to Downtown Cumming, Shopping, Dining, 3 Golf Clubs & Multiple Parks.

Details

Property type

Single Family Residence

Est. home value

$964,950

Lot size

1.66 acres

Price per sq ft

$182

Year built

2018

Annual property taxes

$6,681

HOA

Yes

Price History

06/27/2024
FMLS

FMLS #7401149

Listed
$1,249,900
+79.33%
02/22/2021
FMLS

FMLS #6826519

Sold
$697,000
+7.23%
05/30/2018
FMLS

FMLS #5932921

Sold
$650,000
+270.6%

Schools & Community

Elementary school: 

Sawnee

Middle school: 

Liberty - Forsyth

High school: 

West 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

$643,368
Asking price
$1,249,900
Closing costs (~8% of asking)
-$99,992
Est. remaining loan balance
-$506,540
Cash to seller
$643,368

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

Seller’s Loan History

Lender

Stifel Bank And Trust

Loan start date

February 2021

Original loan amount

$548,250

Est. remaining balance

$506,540

Interest rate

2.65%

Loan type

New Conventional, 30 year

Seller

Michael Jamal and Julia Jamal

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: 07/04/2024 at 4:10 PM

Listing updated: 06/29/2024 at 6:46 PM

Listed by: Stacy Corley, Atlanta Communities Phone #: (770) 240-2004

MLS: FMLS #7401149

FMLS logo

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