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$750,000

Beds
5
Baths
4.0
sq ft
Unknown

5940 Wilmington Ct, Cumming, GA 30040

5940 Wilmington Ct

Cumming, GA 30040

  • 127 days on market
    • Price drop $25,000↓
PRICED LESS THAN APPRAISED VALUE! DS Murphy Appraisal for 755K. Visit this beautiful and meticulously maintained home in the sought after Creekside swim and tennis neighborhood. Have all your friends and family come and stay with you with 5 bedrooms and 4 baths and a spaciously finished basement. This John Wieland home is in mint condition and updated as can be seen in Seller's Disclosure for further review. Enjoy indoor/outdoor living with an oversized screen porch beyond the open vaulted great room and kitchen. Formal living room or office and dining room off of the foyer. Guest room and full bath are on the main. Gourmet kitchen/breakfast area with hardwoods on entire main. Primary bedroom suite upstairs with sitting room and gorgeous updated bath along with three add'l bedrooms/ 2 full baths and laundry upstairs. Finished basement with potential game or media room wired for surround sound along with unfinished area for workshop and storage. Great private, fenced backyard with double decks with lot extending past fence line to a creek. This home is tucked away on a cul-de-sac, side walk lined street in a fantastic neighborhood but only 1 mile from GA 400 with dining and shops all within a short distance.

Details

Property type

Single Family Residence

Est. home value

$734,551

Lot size

0.31 acres

Price per sq ft

Unknown

Year built

2002

Annual property taxes

$4,182

Monthly HOA fee

$70.83

Price History

09/12/2024
FMLS

FMLS #7421996

Price change
$750,000
-3.23%
08/08/2024
FMLS

FMLS #7421996

Price change
$775,000
-1.9%
07/18/2024
FMLS

FMLS #7421996

Listed
$790,000
+97.99%

Schools & Community

Elementary school: 

New Hope - Forsyth

Middle school: 

Vickery Creek

High school: 

Forsyth Central

Community features: 

Clubhouse, Playground, Pool, Sidewalks, Street Lights, 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

$469,272
Asking price
$750,000
Closing costs (~8% of asking)
-$60,000
Est. remaining loan balance
-$220,728
Cash to seller
$469,272

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

Seller’s Loan History

Lender

Truity Federal Credit Union

Loan start date

March 2021

Original loan amount

$281,100

Est. remaining balance

$220,728

Interest rate

2.21%

Loan type

New Conventional, 15 year

Seller

Lee A Carvell and Brenee R Carvell

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: 11/22/2024 at 6:45 AM

Listing updated: 10/20/2024 at 8:10 PM

Listed by: Kathryn Harmon, Coldwell Banker Realty Phone #: (770) 889-3051

MLS: FMLS #7421996

FMLS logo

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