tomo logo

$900,000

Beds
6
Baths
4.5
sq ft
5,090

7985 Thunder River Way, Cumming, GA 30028

7985 Thunder River Way

Cumming, GA 30028

  • 21 days on market
    • Price drop $25,000↓
Beautiful Modern Farmhouse Estate on 1.4 acres at the end of the quietest street in Cumming. This 6 bedroom, 4.5 bath, 4-level home with a pool has been fully refurbished. You’ll enjoy the privacy of an iron fenced front and back yard. The rocking chair porch runs the full length of the traditional southern entrance. The main level has newly installed LVP flooring with a formal dining room and arched entrance living room on each side of the stairway entry hall. Continue to the 2-story great room with cathedral ceiling flooded with natural light from floor to ceiling windows and a huge skylight. Built-in cabinetry with access for an entertainment center accents the side wall. The main floor opens to a full deck from the kitchen to the primary suite. The kitchen makes a grand statement with generous white cabinets, double ovens, electric cooktop and a huge granite island with breakfast bar seating on two sides and a wall of windows view to the wooded backyard. A large back counter serves as a butler pantry to the dining room and the garage entrance to the kitchen area has a cabinetry office desk leading to a large laundry and pantry area. The primary suite is on the main level with private access to the back deck and has a relaxing jetted tub, shower, double vanities and a large walk-in closet with custom cabinetry. Upstairs are 2 large bedrooms at the end of the hallway with a full bath and two additional bedrooms, one with a private bath with double vanities. The terrace level has a great room for entertaining with a wall of windows and French Doors that open to the large lower deck. A bedroom and bath and kitchenette complete the lower level ideal for an in-law or teen suite. Here you will also find lots of unfinished storage area. The terrace deck leads to the fenced saltwater pool with a recently updated pebble-tex lining. The pool area deck is ideal for large gatherings and has a lower-level room with sink and fridge for preparing your barbecue parties and storing pool and furniture accessories. There is No HOA. Excellent location with a 20-minute drive to US19/GA-400, Cumming City Center and Halycon Forsyth. Moreover, it is just a one-hour drive to Atlanta Hartsfield-Jackson Airport and Buckhead. Schedule your tour today and make this dream home yours!

Details

Property type

Single Family Residence

Est. home value

$876,775

Lot size

1.43 acres

Price per sq ft

$177

Year built

1998

Annual property taxes

$8,254

HOA

No

Price History

04/02/2025
FMLS

FMLS #7544126

Price change
$900,000
-2.7%
03/14/2025
FMLS

FMLS #7544126

Listed
$925,000
+114.37%
01/05/2016
FMLS

FMLS #5576406

Sold
$431,500

Schools & Community

Elementary school: 

Poole's Mill

Middle school: 

Liberty - Forsyth

High school: 

North Forsyth

Community features: 

None

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

$482,395
Asking price
$900,000
Closing costs (~8% of asking)
-$72,000
Est. remaining loan balance
-$345,605
Cash to seller
$482,395

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

Seller’s Loan History

Lender

Tvc Funding Iii

Loan start date

November 2021

Original loan amount

$373,000

Est. remaining balance

$345,605

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Ek Real Estate Fund I Llc

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?

Status: Active

Tomo last checked: 04/04/2025 at 3:15 PM

Listing updated: 04/01/2025 at 8:45 PM

Listed by: Joe Huggins, Orchard Brokerage LLC Phone #: (844) 515-9880

MLS: FMLS #7544126

FMLS logo

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