tomo logo

$850,000

Beds
5
Baths
4.0
sq ft
4,508

6450 Oak Valley Dr, Cumming, GA 30040

6450 Oak Valley Dr

Cumming, GA 30040

  • 13 days on market
    • Price drop $40,000↓
Come see this magnificent home located in the beautiful community of Hampton Forest minutes away from Fowler Park. This 3 sided brick home sits on a large corner lot and features a 4 car garage, with the 2 car detached garage boasting an ample amount of space, running water and electricity, perfect for any automotive enthusiast. You enter through the stately iron doors into a welcoming 2 story foyer, leading to an open floor plan with the kitchen, breakfast, and living room all open to each other. The living room has two story ceilings, plenty of windows, and a cozy gas fireplace for the holidays. The kitchen has ample storage, as well as two ovens and a prep island that overlooks the other two rooms. This home has an excellent layout for entertaining! The formal dining room is connected to a sitting room and has access to the expansive back deck overlooking the large wooded backyard. A guest room and full bath completes the main floor. There are two staircases that lead upstairs. The master includes trey ceilings, a large walk in closet, and vaulted ceilings in the bath which gives a spacious airy feel. The laundry room is also on the 2nd floor. The terrace level is a daylight basement with a full bath, a kitchenette, a large pool table room, along with additional rooms and an unfinished area. Plenty of storage for hobbies and toys as well! Smart lighting, smart window shades, and smart outlets. Pool and tennis community. Easy access to 400, just 3 miles off the exit. Retail and restaurants are moments away (Vickery Village 3 miles) (The Collections 4 miles) (Halcyon 6 miles) (Avalon & downtown Alpharetta 10 miles). Fowler Park is 2 miles away, along with Greenway access, which is a walk/bike path that spans from Cumming to Roswell. Excellent school district!!

Details

Property type

Single Family Residence

Est. home value

$720,977

Lot size

0.71 acres

Price per sq ft

$189

Year built

1996

Annual property taxes

$5,505

Monthly HOA fee

$50

Price History

06/26/2024
FMLS

FMLS #7406433

Price change
$850,000
-4.49%
06/19/2024
FMLS

FMLS #7406433

Listed
$890,000
+122.5%
03/05/2020
FMLS

FMLS #6597211

Sold
$400,000
+2.56%

Schools & Community

Elementary school: 

New Hope - Forsyth

Middle school: 

DeSana

High school: 

Denmark High School

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

$511,972
Asking price
$850,000
Closing costs (~8% of asking)
-$68,000
Est. remaining loan balance
-$270,028
Cash to seller
$511,972

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

Seller’s Loan History

Lender

Home Point Financial

Loan start date

March 2020

Original loan amount

$320,000

Est. remaining balance

$270,028

Interest rate

3.65%

Loan type

New Conventional, 20 year

Seller

Eric Andrew Urban

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: 07/02/2024 at 2:20 PM

Listing updated: 06/30/2024 at 4:35 PM

Listed by: Nicolas Maillet, Atlanta Fine Homes Sotheby's International Phone #: (770) 442-7300

MLS: FMLS #7406433

FMLS logo

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