tomo logo

$849,900

Beds
4
Baths
3.0
sq ft
Unknown

8404 Majors Rd, Cumming, GA 30041

8404 Majors Rd

Cumming, GA 30041

  • 30 days on market
    • Price drop $25,100↓
Beautiful renovated farmhouse in Cumming! Great location!! Fall in love with this charming renovated farmhouse on 1.13 acres. This home has been renovated and is full of charm. Brand new Front porch with trex decking, beautiful wood front door, foyer area and open to the family room, large chefs dream kitchen with breakfast area, walk in pantry, professional stainless appliances and vent hood. Large island for gatherings. Open Family room, office nook, playroom which could be converted into a 4th bedroom, full bath and more! Upper level offers a beautiful primary suite with new spa like bathroom, 2 additional bedrooms with one brand new bathroom. This home is full of charm and so many fabulous upgrades all new paint, drywall, ceilings, lighting, new doors and hardware, tankless hotwater heater, spray foam insulation and so much more. Its like a brand new home! Great flat lot with huge 1200 square foot workshop with multi car garage in the back perfect for anything, endless possibilities. This home is amazing, no HOA so you can bring your RV and all your dreams here at 8404 Majors Road. Located right by the Collection of Forsyth. Must see this gem!!! Seller to pay $10k in closing cost or $10k towards a buy down rate with accepted offer,

Details

Property type

Single Family Residence

Est. home value

$565,741

Lot size

1.13 acres

Price per sq ft

Unknown

Year built

1984

Annual property taxes

$4,659

HOA

No

Price History

01/16/2025
FMLS

FMLS #7502912

Price change
$849,900
-2.87%
01/02/2025
FMLS

FMLS #7502912

Listed
$875,000
+78.57%
02/16/2022
FMLS

FMLS #6986134

Sold
$490,000

Schools & Community

Elementary school: 

Shiloh Point

Middle school: 

Piney Grove

High school: 

South 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

$360,242
Asking price
$849,900
Closing costs (~8% of asking)
-$67,992
Est. remaining loan balance
-$421,666
Cash to seller
$360,242

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

Seller’s Loan History

Lender

Banksouth Mortgage

Loan start date

February 2022

Original loan amount

$449,350

Est. remaining balance

$421,666

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Brooke Nichole Murray

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: 02/02/2025 at 2:30 AM

Listing updated: 01/30/2025 at 8:20 AM

Listed by: Heidi Wentz, Harry Norman Realtors Phone #: (770) 977-9500

MLS: FMLS #7502912

FMLS logo

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