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$530,000

Beds
3
Baths
2.5
sq ft
1,979

7120 Creek Ridge Dr, Gainesville, GA 30506

7120 Creek Ridge Dr

Gainesville, GA 30506

  • 123 days on market
Welcome to 7120 Creek Ridge Drive, a charming home nestled on a serene .61-acre lot in Forsyth County, Gainesville. This property invites you to unwind on its classic rocking chair front porch while enjoying the tranquility of the neighborhood. Inside, the cozy family room with its inviting fireplace sets the stage for memorable gatherings. The light-filled kitchen is perfect for both cooking and entertaining, and the adjoining dining room offers a lovely setting for everything from casual meals to special celebrations. The main level features a private primary suite with an attached ensuite bath, creating a peaceful retreat. Upstairs, you’ll find two additional bedrooms, a versatile bonus room, and a loft area, providing plenty of space for family and guests. Step outside to a spacious, fenced backyard, ideal for gardening, play, or outdoor activities. The large back deck, complete with a retractable awning, offers a shaded spot for relaxation and entertaining. The home also boasts an unfinished basement, stubbed for a bath, allowing you to customize the space to fit your needs—whether that’s an extra living area, a home gym, or an entertainment zone. Combining comfort, charm, and potential, 7120 Creek Ridge Drive is ready for you to make it your own. Schedule a visit today and discover the perfect balance of peaceful living and modern convenience.

Details

Property type

Single Family Residence

Est. home value

$461,540

Lot size

0.61 acres

Price per sq ft

$268

Year built

2003

Annual property taxes

$3,627

Monthly HOA fee

$17.08

Price History

07/22/2024
FMLS

FMLS #7422306

Listed
$530,000
+0.95%
07/13/2024
FMLS

FMLS #7324654

Removed
$525,000
06/21/2024
FMLS

FMLS #7324654

Price change
$525,000
-1.87%

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

$129,088
Asking price
$530,000
Closing costs (~8% of asking)
-$42,400
Est. remaining loan balance
-$358,512
Cash to seller
$129,088

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

Seller’s Loan History

Lender

Fairway Independent Mortgage

Loan start date

June 2022

Original loan amount

$372,000

Est. remaining balance

$358,512

Interest rate

5.11%

Loan type

New Conventional, 30 year

Seller

John B Sumner and Pamela B Sumner

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 5:10 AM

Listing updated: 10/15/2024 at 9:40 AM

Listed by: Jenny Smith, Keller Williams Realty Northwest, LLC. Phone #: (770) 607-7400

MLS: FMLS #7422306

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