tomo logo

$1,499,999

Beds
5
Baths
4.5
sq ft
6,531

7280 Timber Trl, Cumming, GA 30041

7280 Timber Trl

Cumming, GA 30041

  • 54 days on market
INCLUDES TWO PARCELS adding up to about 1.28 acres! A rare gem on Lake Lanier - TWO PRIVATE BOAT DOCKS each with slips, a screened-in pavilion with flagstone porch that is grandfathered in ON the Corps property! The location could not be better being in Forsyth County and very close to HWY 400, shopping, schools and restaurants.To top it off this home is priced over 500K UNDER the MOST RECENT APPRAISAL!!The DOUBLE LOTS on this gorgeous all brick home are level, landscaped and very few trees allowing views of Lake Lanier all year long. Upon entering you realize there were no corners cut in building this home - from the two story foyer you see the multiple rooms of this open floor plan with an office with gorgeous custom wood trim and built-in shelving. The large windows keep this space naturally bright. There is a dining room for at least 12, a large kitchen with gas cooktop, breakfast room looking into the large living room with a soaring fireplace flanked by large custom windows. The deck spans the entire backside of this home. The main level master bedroom offers lake views, dual vanities, separate tub and shower, luxury vinyl flooring and walk-in closet. As you head upstairs you see that there is so much space with an open loft, AT LEAST 3 additional bedroom, 2 full baths and TWO additional flex spaces. On the terrace level the finishes were equally appointed as the rest of this home with an addtional large bedroom and bath, full custom bar, another white brick fireplace in the rec/family room. The patio off of the terrace is covered and large showcasing beautiful brick accents and columns and a landscaped backyard with sprinkler system. Wide brick stairs off the patio lead to the private docks and the pavilion known as 'The Love Shack' for entertaining space outside for a large crowd. Skiing and Wakeboarding are easy as this is in Young Deer. Come see for yourself...

Details

Property type

Single Family Residence

Est. home value

$1,423,986

Lot size

0.66 acres

Price per sq ft

$230

Year built

1995

Annual property taxes

$7,357

HOA

No

Price History

09/28/2024
FMLS

FMLS #7457911

Listed
$1,499,999
-6.25%
04/30/2024
FMLS

FMLS #7296087

Removed
$1,599,999
04/24/2024
FMLS

FMLS #7296087

Price change
$1,599,999
-3.03%

Schools & Community

Elementary school: 

Chattahoochee - Forsyth

Middle school: 

Little Mill

High school: 

East Forsyth

Community features: 

None

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Suntrust Bank

Loan start date

April 2017

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Terrance G Morrisey and Elizabeth L Morrisey

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: 11/19/2024 at 6:20 AM

Listing updated: 11/15/2024 at 9:46 AM

Listed by: Janna Maresco, Keller Williams Realty Community Partners Phone #: (678) 341-7400

MLS: FMLS #7457911

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