tomo logo

$319,500

Beds
3
Baths
2.0
sq ft
Unknown

5825 Rolling Oaks Dr, Cumming, GA 30040

5825 Rolling Oaks Dr

Cumming, GA 30040

  • Pending
CALLING ALL INVESTORS! All reasonable offers will be considered! This 3 Bed / 2 Bath home, located in a well-established neighborhood, is an incredible investment opportunity. Situated on a huge corner lot, it backs up to a serene, unbuildable wooded area — providing added privacy and a peaceful, natural backdrop. Key updates already include a newer roof, HVAC, and water heater, meaning the big-ticket items are already taken care of. However, the home will need significant TLC and is being sold as-is, giving you the flexibility to transform it into a profitable gem or your own ideal residence. The property is located within a great school district, making it appealing to families. You'll also be minutes from Sawnee Mountain Park and its scenic trails, offering a perfect balance of suburban convenience and outdoor recreation. Downtown Cumming is close by, but the home still offers the charm and peacefulness of a country setting. This is a fantastic opportunity to invest in an area that shows potential and is a true hidden gem for the right buyer. Don't miss out — schedule a showing today and bring your vision to life!

Details

Property type

Single Family Residence

Est. home value

$360,205

Lot size

0.59 acres

Price per sq ft

Unknown

Year built

1993

Annual property taxes

$3,145

Monthly HOA fee

$27.5

Price History

02/20/2025
FMLS

FMLS #7521136

Pending
$319,500
02/06/2025
FMLS

FMLS #7521136

Listed
$319,500
+198.6%
02/27/2009
FMLS

FMLS #3842041

Sold
$107,000

Schools & Community

Elementary school: 

Sawnee

Middle school: 

Otwell

High school: 

Forsyth Central

Community features: 

Pool, Tennis Court(s)

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

$219,410
Asking price
$319,500
Closing costs (~8% of asking)
-$25,560
Est. remaining loan balance
-$74,530
Cash to seller
$219,410

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

Seller’s Loan History

Lender

United Community Mortgage

Loan start date

July 2012

Original loan amount

$105,000

Est. remaining balance

$74,530

Interest rate

3.67%

Loan type

New Conventional, 30 year

Seller

David Paul Curtis

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: Pending/Under Contract

Tomo last checked: 02/23/2025 at 7:10 PM

Listing updated: 02/21/2025 at 2:08 AM

Listed by: John R Cook, Keller Williams Realty Community Partners Phone #: (678) 341-7400

MLS: FMLS #7521136

FMLS logo

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