tomo logo

$1,200,000

Beds
5
Baths
4.5
sq ft
5,980

7455 Richmond Way, Cumming, GA 30040

7455 Richmond Way

Cumming, GA 30040

  • 50 days on market
    • Open house Apr 06
Welcome to this beautifully updated home, perfectly situated on a 1.3-acre lot in a tranquil cul-de-sac within the prestigious Polo Golf and Country Club. With over $150,000 in recent capital improvements, this home seamlessly blends modern luxury, functionality, and natural beauty. Step inside and discover a spacious open floor plan designed for comfortable living and effortless entertaining. The heart of the home is the open-concept kitchen, featuring stainless steel appliances, a breakfast nook, a cozy sitting area, and a pantry with custom-built cabinets. The two-story family room boasts a breathtaking window wall, filling the space with natural light and enhancing the home's expansive feel. The main-level master suite provides a private retreat with ample space, while upstairs, you’ll find three additional generously sized bedrooms, brand-new carpet, and thoughtfully updated living areas designed for relaxation and comfort. The terrace level is an entertainer’s dream, offering a versatile space that includes a bedroom (or office), a full bathroom, a game room, a gym, and a recreation room. A kitchenette, added in 2019, enhances the basement's functionality, making it an ideal space for guests or extended family. Recent upgrades include two new HVAC systems (upstairs in 2020 and the main level in 2024), ensuring year-round comfort, along with new LVP flooring and a new hot water heater (2020). The home’s exterior is just as impressive, featuring meticulously maintained landscaping with retaining walls, planter boxes, and flourishing blueberry bushes. The backyard oasis provides a serene escape where you can unwind and even spot the occasional deer passing through. Additional updates include a new roof (2019), new exterior security doors, and a revitalized pantry, all contributing to the home’s move-in-ready appeal. The expansive 3-car garage offers ample storage space to meet all your needs. 1-year Home Buyers Warranty included! Whether you're relaxing indoors or soaking in the natural beauty of your surroundings, this home offers the perfect blend of elegance and tranquility. Don’t miss out on the opportunity to make this stunning property your forever home!

Details

Property type

Single Family Residence

Est. home value

$1,024,787

Lot size

1.32 acres

Price per sq ft

$201

Year built

1998

Annual property taxes

$8,219

HOA fee

$600

Price History

03/04/2025
FMLS

FMLS #7530805

Listed
$1,200,000
03/02/2025
FMLS

FMLS #7530805

Pending
$1,200,000
02/13/2025
FMLS

FMLS #7530805

Listed
$1,200,000
+128.57%

Schools & Community

Elementary school: 

Vickery Creek

Middle school: 

Vickery Creek

High school: 

West Forsyth

Community features: 

Clubhouse, Golf, Playground, Pool

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

$656,056
Asking price
$1,200,000
Closing costs (~8% of asking)
-$96,000
Est. remaining loan balance
-$447,944
Cash to seller
$656,056

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

Seller’s Loan History

Lender

Ameris Bank

Loan start date

November 2020

Original loan amount

$496,000

Est. remaining balance

$447,944

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Wallace Andrew Huey and Susan Gantt Huey

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: 04/04/2025 at 5:25 AM

Listing updated: 03/29/2025 at 8:15 PM

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

MLS: FMLS #7530805

FMLS logo

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