tomo logo

$289,500

Beds
3
Baths
1.5
sq ft
1,448

960 Mary Alice Park Rd, Cumming, GA 30041

960 Mary Alice Park Rd

Cumming, GA 30041

  • 2 days on market
Charming Ranch Fixer-upper near Lake Lanier. Walk to Mary Alice Park from this perfectly located ranch home in Cumming. This 3-bedroom, 1.5 bath home offers a bonus room, new deck, and Brand new HVAC system. Situated on almost an acre in an area of fine homes, it's ideal for those who love outdoor activities, with sidewalk access to Mary Alice Park, public white sandy beach, fishing, kayaking, swimming, and a boat ramp. The property features more than 25 fruit trees, a double carport, detached garage, and extra sheds. Conveniently close to schools, shopping and recreation, this home is being sold AS-IS. Cash Buyers only, and a great opportunity to make it your own! NO HOA--you can park your jet ski here!

Details

Property type

Single Family Residence

Est. home value

$341,161

Lot size

0.65 acres

Price per sq ft

$200

Year built

1971

Annual property taxes

$4,500

HOA

No

Price History

10/11/2024
FMLS

FMLS #7470558

Listed
$289,500
+45.55%
06/26/2020
FMLS

FMLS #6676007

Sold
$198,900

Schools & Community

Elementary school: 

Mashburn

Middle school: 

Otwell

High school: 

Forsyth Central

Community features: 

Fishing, Lake, Park, Playground, Pool, Restaurant, Sidewalks

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

$88,909
Asking price
$289,500
Closing costs (~8% of asking)
-$23,160
Est. remaining loan balance
-$177,431
Cash to seller
$88,909

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

Seller’s Loan History

Lender

Whited David B

Loan start date

June 2020

Original loan amount

$194,900

Est. remaining balance

$177,431

Interest rate

3.26%

Loan type

New Conventional, 30 year

Seller

Lori B Childress

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: 10/14/2024 at 3:20 PM

Listing updated: 10/12/2024 at 8:07 AM

Listed by: Jill Morris, Century 21 Results Phone #: (770) 889-6090

MLS: FMLS #7470558

FMLS logo

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