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$775,000

Beds
3
Baths
2.0
sq ft
1,809

6675 Millwood Rd, Cumming, GA 30041

6675 Millwood Rd

Cumming, GA 30041

  • 22 days on market
This AMAZING property in Cumming offers endless possibilities! Imagine yourself surrounded by nature on over 10 acres with Fourmile Creek winding through your own private paradise- and you are only minutes away from multiple parks and public beaches of Lake Lanier! This property offers the best of both worlds: peace and quiet on a secluded road, yet close to all the modern conveniences Cumming has to offer. Build your dream home: The property boasts two additional home sites with ready-to-go electric and septic connections! Move right in to the existing mobile home while you create your custom masterpiece. Mini farm oasis: Unleash your inner farmer and raise your own crops or livestock. The A1 zoning allows for a variety of agricultural pursuits. Wildlife is abundant and UNRESTRICTED land means you can hunt on your own land! Two additional home sites with utilities: Already equipped with electric and septic hookups, these sites are perfect for guest houses or rentals. Opportunities to purchase other adjoining lots for even more land are available.

Details

Property type

Single Family Residence

Est. home value

$351,579

Lot size

10.68 acres

Price per sq ft

$429

Year built

1999

Annual property taxes

$3,824

Price History

06/14/2024
FMLS

FMLS #7404879

Listed
$775,000
-1.77%
06/13/2024
FMLS

FMLS #7332827

Removed
$789,000
05/17/2024
FMLS

FMLS #7332827

Price change
$789,000
-1.36%

Schools & Community

Elementary school: 

Chestatee

Middle school: 

Little Mill

High school: 

East Forsyth

Community features: 

None

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

$517,961
Asking price
$775,000
Closing costs (~8% of asking)
-$62,000
Est. remaining loan balance
-$195,039
Cash to seller
$517,961

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

Seller’s Loan History

Lender

Fbc Mortgage

Loan start date

February 2021

Original loan amount

$211,500

Est. remaining balance

$195,039

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Steven Zachary Evans

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: 07/06/2024 at 1:30 AM

Listing updated: 06/20/2024 at 1:06 PM

Listed by: Danelle Davis, Keller Williams Realty Atlanta Partners Phone #: (678) 318-5000

MLS: FMLS #7404879

FMLS logo

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