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$459,900

Beds
5
Baths
2.5
sq ft
2,626

947 Island Cove Ct, Buford, GA 30518

947 Island Cove Ct

Buford, GA 30518

  • 78 days on market
    • Price drop $25,000↓
This beautiful, spacious 5-bed, 2.5-bath home in Buford, Georgia, will charm you immediately with so much to offer. After entering into a two-story natural-lit foyer with lots of light abounding, a large spacious dining room is to your right, and the kitchen overlooks the breakfast area and a cozy living room with fireplace. With four bedrooms upstairs and one downstairs, you'll have plenty of space to spread out. The patio overlooks a spacious, landscaped yard that backs up to a greenspace area offering lots of privacy and wonderful opportunities for entertaining and relaxing. The home is very close to Lake Lanier, the cities of Buford, Cumming, and Sugar Hill, and is also located within the Gwinnett County School District, specifically being served by Lanier High School. You'll feel right at home here and want to call this one HOME!

Details

Property type

Single Family Residence

Est. home value

$434,745

Lot size

6,098 sq ft

Price per sq ft

$176

Year built

2003

Annual property taxes

$4,428

Monthly HOA fee

$40

Price History

08/05/2024
FMLS

FMLS #7413615

Price change
$459,900
-5.16%
07/25/2024
FMLS

FMLS #7413615

Price change
$484,900
-2.02%
07/01/2024
FMLS

FMLS #7413615

Listed
$494,900

Schools & Community

Elementary school: 

White Oak - Gwinnett

Middle school: 

Lanier

High school: 

Lanier

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

$242,000
Asking price
$459,900
Closing costs (~8% of asking)
-$36,792
Est. remaining loan balance
-$181,108
Cash to seller
$242,000

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

Seller’s Loan History

Lender

Fairway Independent Mortgage

Loan start date

July 2021

Original loan amount

$194,500

Est. remaining balance

$181,108

Interest rate

2.95%

Loan type

New Conventional, 30 year

Seller

Mary Elizabeth Van Lerberghe and Derek Scott Van Lerberghe

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: 09/17/2024 at 4:40 PM

Listing updated: 08/15/2024 at 11:25 AM

Listed by: Angela Adams, RE/MAX Center Phone #: (770) 932-1234

MLS: FMLS #7413615

FMLS logo

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