tomo logo

$525,000

Beds
4
Baths
2.5
sq ft
Unknown

6025 Crescent Landing Dr, Cumming, GA 30028

6025 Crescent Landing Dr

Cumming, GA 30028

  • 176 days on market
Discover the potential at 6025 Crescent Landing Drive, a spacious 4-bedroom, 2.5-bathroom home now available as a short sale. This home, featuring an unfinished basement and a double deck perfect for outdoor gatherings, is equipped with modern stainless steel appliances in the kitchen. Recent market activity has led to an increase in the appraised value of the property, reflecting its true worth in today’s market. This short sale approval offers a unique opportunity to secure a home with significant potential at a competitive price, making it a smart choice for savvy buyers looking for value and opportunity in a vibrant community.

Details

Property type

Single Family Residence

Est. home value

$524,900

Lot size

9,583 sq ft

Price per sq ft

Unknown

Year built

2021

Annual property taxes

$4,298

Monthly HOA fee

$46

Price History

09/04/2024
FMLS

FMLS #7412603

Price change
$525,000
+8.25%
08/28/2024
FMLS

FMLS #7412603

Price change
$485,000
-3.96%
08/07/2024
FMLS

FMLS #7412603

Price change
$505,000
-2.88%

Schools & Community

Elementary school: 

Matt

Middle school: 

Liberty - Forsyth

High school: 

North Forsyth

Community features: 

Playground, Pool, Street Lights

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

$465,837
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$17,163
Cash to seller
$465,837

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

Seller’s Loan History

Lender

Everett Financial

Loan start date

April 2023

Original loan amount

$17,496

Est. remaining balance

$17,163

Interest rate

6.5%

Loan type

New Conventional, 30 year

Seller

Kelvin Rashad Morton and Angela Morton

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: 12/22/2024 at 9:30 AM

Listing updated: 09/27/2024 at 1:05 PM

Listed by: Toni Johnson, Elysian Real Estate, LLC Phone #: (678) 615-4590

MLS: FMLS #7412603

FMLS logo

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