tomo logo

$734,000

Beds
5
Baths
5.0
sq ft
3,446

5950 Wilmington Ct, Cumming, GA 30040

5950 Wilmington Ct

Cumming, GA 30040

  • 204 days on market
    • Price drop $15,000↓
Beautiful home on a cul-de-sac block in highly desirable Creekside neighborhood. Bedroom on main with attached Full Bath. Excellent Forsyth County schools with a new, state of the art elementary school, New Hope Elementary, located just outside the neighborhood. The open concept floor plan is enhanced with hardwood floors on the main level. Guest bedroom/office is conveniently located on the main level with an attached full bathroom. Upstairs, you will find the primary suite with a tray ceiling and an ensuite bath with dual vanity, separate jetted tub + shower and a large walk-in closet. Recently remodeled basement with LVP flooring and French doors that extend out to the large newly constructed deck. The basement also consists of three additional unfinished rooms that are great for storage. Recent upgrades consist of 2 brand new HVAC systems, freshly painted inside and out and new garage doors. The backyard provides plenty of grassy play area that is fully fenced in and backs up to the woods for privacy. The location of this home is so convenient to shopping, schools, restaurants, and GA-400.

Details

Property type

Single Family Residence

Est. home value

$752,416

Lot size

0.29 acres

Price per sq ft

$214

Year built

2001

Annual property taxes

$5,184

Monthly HOA fee

$70.83

Price History

09/05/2024
FMLS

FMLS #7379241

Price change
$734,000
-2%
08/10/2024
FMLS

FMLS #7379241

Price change
$749,000
-1.32%
07/24/2024
FMLS

FMLS #7379241

Price change
$759,000
-1.68%

Schools & Community

Elementary school: 

New Hope - Forsyth

Middle school: 

Vickery Creek

High school: 

Forsyth Central

Community features: 

Clubhouse, Tennis Court(s), Playground, Pool

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

$324,164
Asking price
$734,000
Closing costs (~8% of asking)
-$58,720
Est. remaining loan balance
-$351,116
Cash to seller
$324,164

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

Seller’s Loan History

Lender

Milend

Loan start date

September 2020

Original loan amount

$386,500

Est. remaining balance

$351,116

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Craig Blancato and Megan E Blancato

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 6:00 AM

Listing updated: 09/05/2024 at 1:05 PM

Listed by: Craig Blancato, EXP Realty, LLC. Phone #: (888) 959-9461

MLS: FMLS #7379241

FMLS logo

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