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$1,649,000

Beds
6
Baths
5.0
sq ft
Unknown

5755 Riley Rd, Cumming, GA 30028

5755 Riley Rd

Cumming, GA 30028

  • 39 days on market
Executive lake home w/ open concept floor plan, custom floating dock on private 2.16 acres. The entire house is ADA accessible, with an elevator to all 4 floors, pool, backyard playground and lake! FULL REMODEL JUST COMPLETED! Every room has been updated. The seller moved out to do a complete remodel, and has since been relocated for work. Meaning, this home has not been occupied since its remodel. Upgrades include; Full interior paint, high-end carpet throughout, refinished real hardwood floors, custom cabinets, Quartz countertops, chandeliers, lighting, ceiling fans, refinished multi tiered deck w/ prive access to primary suite, exterior lighting all the way to the lake, pool deck lighting, pond rocks & waterfall lights & pumps. All bathrooms have new tile, showers, bathtub, cabinets, countertops, hardware, chandeliers, extra lighting, backlit mirrors with anti-fog features, and paint. Kitchen has new lighting, hardware, countertops & waterfall island, new butler's pantry w/ 2nd fridge, digital-waterfall sink, tile work & pot filler over the NEW gas stove. Main living areas host a new Quartz fireplace, refinished bar/ billiard room, wine cellar, theater, & gym. If that's not enough, the Primary suite has been transformed into a Private SPA! Everything is NEW! Paint, chandeliers, lighting, floors, tile work, shower, tub, cabinets, Quartz countertops w/ 2 waterfalls, glass entry door to walk-in closet with waterfall island and a private deck overlooking the lake. Sellers also have a new infinity pool design ready to go for the new owners. Extra large 3 car garage fits F250s in every bay, with a new mudroom. 3rd best school district in all of Georgia!

Details

Property type

Single Family Residence

Est. home value

$912,663

Property condition

Updated/Remodeled

Lot size

2.16 acres

Price per sq ft

Unknown

Year built

2007

Annual property taxes

$7,250

Monthly HOA fee

$16.67

Price History

09/20/2024
FMLS

FMLS #7462856

Listed
$1,649,000
+83.24%
03/10/2023
FMLS

FMLS #7174146

Sold
$899,900
+52.53%
07/30/2019
FMLS

FMLS #6547455

Sold
$590,000
+22.66%

Schools & Community

Elementary school: 

Silver City

Middle school: 

North Forsyth

High school: 

North Forsyth

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

$811,019
Asking price
$1,649,000
Closing costs (~8% of asking)
-$131,920
Est. remaining loan balance
-$706,061
Cash to seller
$811,019

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

Seller’s Loan History

Lender

Umortgage

Loan start date

March 2023

Original loan amount

$719,920

Est. remaining balance

$706,061

Interest rate

6.15%

Loan type

New Conventional, 30 year

Seller

Darrell David Niver and Laura Niver

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: 11/05/2024 at 2:35 PM

Listing updated: 10/14/2024 at 4:59 AM

Listed by: Wesley Moore, Keller Williams Realty Community Partners Phone #: (678) 341-7400

MLS: FMLS #7462856

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