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$869,000

Beds
4
Baths
3.5
sq ft
4,739

8720 Rhapsody Ln, Cumming, GA 30041

8720 Rhapsody Ln

Cumming, GA 30041

  • <1 day on market
This beautifully maintained brick ranch home with a 3-car garage is situated in a small, gated community of just four homes, conveniently located near The Collection and South Forsyth High School. The main level boasts a spacious and open floor plan, highlighted by an expansive entry foyer that leads into a stunning great room featuring vaulted ceilings, a wood-burning brick fireplace, gleaming hardwood floors, and plantation shutters, all opening to a picturesque, tree-lined fenced backyard. The bright and airy dining room showcases wainscoting, a beautiful modern light fixture, hardwood floors, and plantation shutters. The kitchen is a chef's dream with pristine white cabinetry, stainless steel appliances, a gas cooktop, wall ovens, stone countertops, and a breakfast bar that flows into a generous breakfast room. A french door leads out to a stone patio in the backyard, designed for entertaining with a pergola, a stone firepit, and beautifully landscaped gardens featuring mature flowering plants like azaleas, camellias, rhododendrons, and hydrangeas perfect for both relaxing and hosting gatherings. The owner's retreat is a serene escape, offering views of the backyard, hardwood floors, trey ceilings, a walk-in closet, and a spa-like bathroom with a soaking tub, separate shower, and dual vanities. On the opposite side of the main level are two more spacious bedrooms and a full bathroom. A powder room and a laundry room with a sink and cabinetry, are conveniently located near the two-car side-entry garage. The lower level features an additional bedroom and bath, an exercise room (which could easily be converted into a fifth bedroom), a cozy den with a brick fireplace and wet bar, plus a large storage area with a workshop and extensive shelving/cabinetry. The oversized 3rd car garage includes epoxy floors and a workshop area ample space for both a car and a golf cart or even a mini cooper/Corvette! This private, ranch-style home offers all the features and comforts you could ever desire!

Details

Property type

Single Family Residence

Est. home value

$773,750

Property condition

Updated/Remodeled

Lot size

1.11 acres

Price per sq ft

$184

Year built

1985

Annual property taxes

$5,980

Monthly HOA fee

$25

Price History

02/28/2025
FMLS

FMLS #7532685

Listed
$869,000
+83.33%
02/28/2019
FMLS

FMLS #6067052

Sold
$474,000

Schools & Community

Elementary school: 

Shiloh Point

Middle school: 

Piney Grove

High school: 

South Forsyth

Community features: 

Gated

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

$386,311
Asking price
$869,000
Closing costs (~8% of asking)
-$69,520
Est. remaining loan balance
-$413,169
Cash to seller
$386,311

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

Seller’s Loan History

Lender

Pennymac Loan Services

Loan start date

May 2020

Original loan amount

$459,057

Est. remaining balance

$413,169

Interest rate

3.33%

Loan type

VA, 30 year

Seller

Jerry L Gaines and Cindy L Gaines

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: 03/01/2025 at 12:00 PM

Listing updated: 02/28/2025 at 11:46 PM

Listed by: Carolyn Hassel, Harry Norman Realtors Phone #: (678) 461-8700

MLS: FMLS #7532685

FMLS logo

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