tomo logo

$739,900

Beds
5
Baths
3.0
sq ft
3,172

7210 Wallace Tatum Rd, Cumming, GA 30028

7210 Wallace Tatum Rd

Cumming, GA 30028

  • 69 days on market
    • Price drop $10,000↓
NO HOA! 4 Car Garage! Spacious home on 1 acre not in a subdivision. This 5 bedroom 3 bath home sits on an acre with a level backyard and is fully fenced in with a privacy gate at the driveway. The home features wood floors throughout. No carpet! The kitchen includes a double oven and a kitchenette. The stone fireplace is the focal point of the living room. There is plenty of space for cars and a workshop with a 4 car garage. Enjoy sitting on the front porch that wraps around the side of the home. A large sitting room is off the master bedroom. Upstairs is a loft featuring another stone fireplace with fully build in media center along with the master and 3 other bedrooms. Downstairs is a bedroom and full bath. This home has lots of storage! Close to the new Publix shopping center and Matt Park. Come see this rare find in a desirable area. School district with a rating of excellence and close to everything with that "Country feel". Numerous updates and great condition.

Details

Property type

Single Family Residence

Est. home value

$640,161

Lot size

1.00 acres

Price per sq ft

$234

Year built

2008

Annual property taxes

$4,872

HOA

No

Price History

01/13/2025
FMLS

FMLS #7485681

Price change
$739,900
-1.33%
11/19/2024
FMLS

FMLS #7485681

Listed
$749,900
+19.98%
08/23/2022
FMLS

FMLS #7076950

Sold
$625,000
+98.41%

Schools & Community

Elementary school: 

Matt

Middle school: 

Liberty - Forsyth

High school: 

North Forsyth

Community features: 

Park

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

$318,379
Asking price
$739,900
Closing costs (~8% of asking)
-$59,192
Est. remaining loan balance
-$362,329
Cash to seller
$318,379

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

August 2022

Original loan amount

$375,000

Est. remaining balance

$362,329

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Abel Davis

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: 01/22/2025 at 3:00 PM

Listing updated: 01/22/2025 at 3:25 AM

Listed by: Brodie Allred, Century 21 Results Phone #: (770) 889-6090

MLS: FMLS #7485681

FMLS logo

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