tomo logo

$795,000

Beds
5
Baths
4.5
sq ft
4,460

7840 Scenic Dr, Cumming, GA 30041

7840 Scenic Dr

Cumming, GA 30041

  • 70 days on market
    • Price drop $30,000↓
The lake is calling! Visit this charming turnkey 5-bed, 4.5-bath home in the exclusive lakefront Breeze Bay on Lanier community today! Overflowing with southern charm, this lovely home greets you with a custom-stained pine tongue-and-groove front porch and welcoming friendship porch off the drive. The spacious interior features fresh, updated paint, beautiful red oak hardwoods, and primary suite on the main level. Well-appointed entertainer\'s kitchen w/granite countertops, stainless steel appliances, island w/storage & double convection ovens makes family gatherings and holidays a joy. So much storage must see to believe! Owner is a master carpenter and has surprise upgrades everywhere you look! Custom live-edge Sycamore mantel, beautifully finished terrace-level bedroom w/huge walk-in and new flooring, ALL exterior & interior paint fresh & updated, NEW office windows w/gorgeous trim. This home offers the perfect blend of elegance, comfort, and convenience all worry-free with recent upgrades: a NEW roof, 2 new & 1 refurbished HVAC units, NEW water heater, and a NEW septic field. Even pets have a place to visit with a luxurious shaded puppy patio in the fenced-in yard. Yard is surrounded by green space easement, so you\'ll always have privacy as well as plenty of room to bring your backyard oasis vision to life. Enjoy access to the community dock on sparkling Lake Lanier, just steps from your front door, with a low-cost OPTIONAL HOA for $300/yr. Please note: Tax records do not reflect newly completed 5th bedroom and additional half bath.

Details

Property type

Single Family Residence

Est. home value

$746,722

Lot size

0.70 acres

Price per sq ft

$179

Year built

2002

Annual property taxes

$5,586

HOA

No

Price History

11/01/2024
FMLS

FMLS #7455827

Price change
$795,000
-5.91%
09/13/2024
FMLS

FMLS #7404906

Removed
$844,900
+2.41%
09/13/2024
FMLS

FMLS #7455827

Listed
$825,000
-2.36%

Schools & Community

Elementary school: 

Chattahoochee - Forsyth

Middle school: 

Little Mill

High school: 

East Forsyth

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

$477,956
Asking price
$795,000
Closing costs (~8% of asking)
-$63,600
Est. remaining loan balance
-$253,444
Cash to seller
$477,956

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

Seller’s Loan History

Lender

Navy Federal Credit Union

Loan start date

August 2020

Original loan amount

$334,000

Est. remaining balance

$253,444

Interest rate

2.51%

Loan type

New Conventional, 15 year

Seller

Deborah Riney and Steven D Riney

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 6:25 AM

Listing updated: 11/10/2024 at 12:35 PM

Listed by: Cheryl Boncimino, BHGRE Metro Brokers Phone #: (404) 843-2500

MLS: FMLS #7455827

FMLS logo

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