tomo logo

$2,950,000

Beds
5
Baths
6.0
sq ft
6,389

6870 Colfax Ave, Cumming, GA 30040

6870 Colfax Ave

Cumming, GA 30040

  • 1 day on market
Bring your most discriminating buyers to this truly exceptional one-of-a-kind custom-built Rosemary Beach inspired home. Completely solid concrete block and stucco exterior, 5 ensuite bedrooms that includes one bedroom/bath on the main floor and a bedroom and bath in the garage apartment, 2 half baths, exterior gas lamps, sound system, custom exposed brick dining room wall, second floor TV/game room, white oak floors along with 12 inch baseboards throughout, whole house water recirculation system, Aprilaire system, 2 bar areas include icemakers, custom Keystone built 400+ bottle wine/sitting room, over $25K in custom window treatments. Entertainers dream home includes chef’s kitchen equipped with Wolf oven and microwave, Meile dishwasher, SubZero refrigerator/freezer, oversized island, breakfast nook, custom cabinetry throughout, 11-foot ceilings. If you enjoy outdoor living, this home gives you everything you can imagine. Bi-fold glass doors open to the main floor patio and backyard that have an outdoor kitchen with gas grill and green egg along with a Isokern wood burning fireplace with gas starter. The backyard recently had synthetic turf installed and has a stucco wall for privacy. The home offers one of the largest front porches in Vickery with a custom swing and surround sound for your morning or evening enjoyment. Off the master suite you have a covered porch that runs the entire length of the home. Last but not least, is the third level bar and outdoor area, that includes expansive views of Vickery with the most amazing and unforgettable sunsets. This home is located on one of the best lots in Vickery, across from the park. The two car garage and long driveway give you ample parking space. Home is walking distance to all of Vickery’s wonderful amenities, the Vickery Village shops & restaurants and the elementary & middle school. Vickery is located in a top rated school district, and is in close proximity to hospitals, doctor’s offices, along with Halcyon, Avalon and The Collection for plenty of shopping and restaurant choices! Vickery has approximately 75 acres of green space featuring 6 tennis courts, pickleball courts, community pool with cabanas, 2 ponds, walking trails throughout, playground, outdoor basketball court, fire pit for gatherings, open fields for community use, plenty of activities and events! Vickery Village includes a farmer's market, movie nights, cornhole leagues, brew festivals and much more. Golf cart friendly community.

Details

Property type

Single Family Residence

Est. home value

$1,953,301

Lot size

7,405 sq ft

Price per sq ft

$462

Year built

2015

Annual property taxes

$14,503

Monthly HOA fee

$12.5

Price History

12/28/2024
FMLS

FMLS #7504755

Listed
$2,950,000
+145.83%
12/22/2017
FMLS

FMLS #5918777

Sold
$1,200,000

Schools & Community

Elementary school: 

Vickery Creek

Middle school: 

Vickery Creek

High school: 

West Forsyth

Community features: 

Pool, Playground, 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

$1,992,102
Asking price
$2,950,000
Closing costs (~8% of asking)
-$236,000
Est. remaining loan balance
-$721,898
Cash to seller
$1,992,102

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

December 2017

Original loan amount

$840,000

Est. remaining balance

$721,898

Interest rate

3.94%

Loan type

New Conventional, 30 year

Seller

Glenn Goad and Angela Goad

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?

Status: Active

Tomo last checked: 01/08/2025 at 1:00 AM

Listing updated: 01/06/2025 at 1:20 PM

Listed by: Cathie Costello, HomeSmart Phone #: (404) 876-4901

MLS: FMLS #7504755

FMLS logo

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