tomo logo

$769,000

Beds
5
Baths
3.0
sq ft
3,372

8470 Wallace Tatum Rd, Cumming, GA 30028

8470 Wallace Tatum Rd

Cumming, GA 30028

  • 18 days on market
Owner/Agent. Home with 2 acres m/l in Northwest Forsyth. Built in 2017 with many upgrades. All engineered hardwood floors and ceramic tile ( no carpet in the home ). The property has a guest house with 1 bd and a loft. Large workshop with storage. Almost finished basement for additional sq ft. The home is being sold with 2 acres m/l. Very Private Setting on Settingdown Creek. Close to 2 elementary schools and several parks. Additional Acreage is available for purchase if desired.

Details

Property type

Single Family Residence

Est. home value

$1,036,745

Lot size

2.00 acres

Price per sq ft

$229

Year built

2017

Annual property taxes

$8,834.56

Price History

01/04/2025
GeorgiaMLS

GeorgiaMLS #10434668

Listed
$769,000
01/01/2025
GeorgiaMLS

GeorgiaMLS #10312117

Removed
$769,000
12/21/2024
GeorgiaMLS

GeorgiaMLS #10312117

Price change
$769,000
-3.75%

Schools & Community

Elementary school: 

Poole's Mill

Middle school: 

Liberty

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

$208,478
Asking price
$769,000
Closing costs (~8% of asking)
-$61,520
Est. remaining loan balance
-$499,002
Cash to seller
$208,478

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

Seller’s Loan History

Lender

Radius Financial Group

Loan start date

February 2021

Original loan amount

$548,250

Est. remaining balance

$499,002

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Robert Johnson

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 12:05 PM

Listing updated: 01/18/2025 at 1:07 AM

Listed by: Stephanie Johnson, RS Asset Management

MLS: GeorgiaMLS #10434668

GeorgiaMLS logo

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