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$765,000

Beds
5
Baths
4.0
sq ft
3,319

5725 Lake Oak Lndg, Cumming, GA 30040

5725 Lake Oak Lndg

Cumming, GA 30040

  • 67 days on market
    • Price drop $4,500↓
Stunning executive home in highly sought after Lake Forest- a premier resort style neighborhood! Located in the heart of North Forsyth, this stunning residence offers an exceptional lifestyle with access to top-tier amenities including a neighborhood park with access to 40-acre "Twin Lake" with fishing and boating opportunities, tennis and pickleball courts, a volleyball sand court, basketball courts, a playground, and a resort-style 2 story clubhouse with Jr. Olympic pool and seasonal swim team! Immaculately maintained, this open floorplan features newly refinished hardwoods throughout! Main level offers a spacious fireside family room, formal living/office space, formal dining room and bedroom with adjacent bathroom. The kitchen is perfect for entertaining or cooking and boasts a spacious eat-in breakfast area and breakfast bar, granite countertops and stained cabinets with plenty of storage- including 2 pantries! Large deck with professional landscaped, fenced backyard. Second level floorplan features 3 guest bathrooms plus the large primary suite with sitting area. Master bathroom is spacious and light filled and offers "his and her's" closets with custom! Unfinished basement stubbed for a bath and ready for you to complete and enjoy! Top rated schools and minutes from Sawnee Mtn, highways, parks and the new Cumming City Center which offers unique dining, boutique shopping and an open air Ampitheater for live music and entertainment! Virtually staged.

Details

Property type

Single Family Residence

Est. home value

$675,979

Lot size

0.60 acres

Price per sq ft

$231

Year built

2003

Annual property taxes

$1,001

Monthly HOA fee

$106.25

Price History

09/10/2024
FMLS

FMLS #7429681

Price change
$765,000
-0.58%
07/30/2024
FMLS

FMLS #7429681

Listed
$769,500
-0.05%
07/16/2024
FMLS

FMLS #7376854

Removed
$769,900

Schools & Community

Elementary school: 

Matt

Middle school: 

Liberty - Forsyth

High school: 

North Forsyth

Community features: 

Fishing, Lake, Pool, Sidewalks, Street Lights, Tennis Court(s)

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

Branch Banking And Trust Co

Loan start date

November 2017

Original loan amount

$100,000

Est. remaining balance

$81,512

Interest rate

3.91%

Loan type

New Conventional, 25 year

Seller

Richard A Newell and Barbara E Newell

Lender

Wells Fargo Bank Na

Loan start date

August 2017

Original loan amount

$181,000

Est. remaining balance

$155,277

Interest rate

3.96%

Loan type

New Conventional, 30 year

Seller

Richard A Newell and Barbara E Newell

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: 10/04/2024 at 9:50 PM

Listing updated: 09/11/2024 at 8:05 AM

Listed by: Aine Burns, Compass Phone #: (404) 668-6621

MLS: FMLS #7429681

FMLS logo

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