tomo logo

$650,000

Beds
6
Baths
4.0
sq ft
4,308

7425 Ivy Grove St, Cumming, GA 30040

7425 Ivy Grove St

Cumming, GA 30040

  • 9 days on market
6 BEDROOM, 4 BATHROOM Beauty on a 5.48 ACRE CUL-DE-SAC Lot !!! HUGE MASTER ON MAIN. TONS of Closet Space. Bathroom has 2 Vanities, Large Frameless Shower Door. 2 other Bright Bedrooms on Main. Kitchen Stainless Steel Appliances, Granite Countertops, Plenty of Cabinet Space, and Large Pantry. Walk out from Family Room or Kitchen to Wrap-Around Deck with great views to FLAT, PRIVATE, FENCED in Backyard featuring a Large 2 Story WORKSHOP. Tall Ceilings and Hardwood Floors on Main. Second Floor has 1 Bedroom, it's Own Bathroom with Shower, and Built-in Desk. DAYLIGHT BASEMENT APARTMENT has a Kitchen, 2 Bedrooms, a Bathroom, and 2 Large Living Areas, Beautiful Flooring, it's Own Laundry, Bonus Room and 2 Large Storage Areas. Walk out to Covered Patio--able to be Enjoyed even on a Rainy Day. GREAT LOCATION, GREAT SCHOOLS, GREAT LOT! AWESOME SQUARE FOOTAGE AND ACREAGE! MUST SEE!

Details

Property type

Single Family Residence

Est. home value

$671,613

Lot size

5.48 acres

Price per sq ft

$151

Year built

1999

Annual property taxes

$2,400

Monthly HOA fee

$29.58

Price History

01/08/2025
FMLS

FMLS #7507844

Listed
$650,000
+44.44%
06/30/2021
FMLS

FMLS #6882695

Sold
$450,000
+20%
01/04/2019
FMLS

FMLS #6104985

Sold
$375,000
+97.47%

Schools & Community

Elementary school: 

Coal Mountain

Middle school: 

North Forsyth

High school: 

North Forsyth

Community features: 

Clubhouse, Pool, 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

$210,102
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$387,898
Cash to seller
$210,102

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

Seller’s Loan History

Lender

Vanderbilt Mortgage

Loan start date

June 2021

Original loan amount

$420,074

Est. remaining balance

$387,898

Interest rate

2.94%

Loan type

FHA, 30 year

Seller

Stephanie L Dunford and Katherine L Anthony

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 11:45 AM

Listing updated: 01/17/2025 at 2:31 PM

Listed by: Paul Driver, Atlanta Communities Phone #: (770) 240-2005

MLS: FMLS #7507844

FMLS logo

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