Sold Price cut: $34,500 (6/26)
$465,431
3 beds · 2,574 sqft
4060 Merritt Drive, Cumming, GA 30041
Great deal
Priced about $106,719 (19%) below comparable homes. Estimated market value $572,150, based on 18 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Huge price reduction by owner for immediate sale! South Lake 2 story dock, w/boat lift. One of the most gentle walks to the lake! See water from the home & enjoy large parking areas. Large bedrooms have ample room for king beds. Open floorplan rebuilt in 2006. Low utilities! Finished basement was previous bedroom but can be used as office/family room&rec room combined. Tons of…
PoolBasementNo HOAOpen floor plan
Home details
3
Beds
2,574
Sqft
2006
Built
0.25 ac
Lot
1
Fireplaces
Veribas Rental Valuation
If you rented it out · from nearby rentals
$3,050/morange $2,825 – $3,2757.9% gross yield
Based on 12 similar rentals within 2 mi (9 recently leased).
Home facts
Payment calculator
$3,467/mo
Principal & interest$2,866
Property taxes$465
Home insurance$136
Down payment$46,543 (10%)
Interest rate7.280%
Starts at today’s national average for a 30-year fixed, 7.28% (week of Oct 1). Not an APR or a loan offer. Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
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Schools
Chattahoochee - ForsythElementary
Little MillMiddle
Forsyth CentralHigh
Location
44 for sale 10 pending 12 sold
Listed by
PalmerHouse Properties · Sold by ATLANTA COMMUNITIES
Source: FMLS · #6013047
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