Sold Price cut: $25,000 (1/20)
$99,900
3 beds · 1,115 sqft
2050 Shaffer Road, Cumming, GA 30041
Great deal
Priced about $178,757 (64%) below comparable homes. Estimated market value $278,657, based on 3 comparable homes in the county.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
pre-forclosure, short sale, home is located 2 houses from lake, great location,schools, close to Hwy 400, on South side of Lake Lanier. Bald Ridge Marina is 2 walking blocks away, includes restaurant lunch area, tennis, and a great walking or boat dock area.
PoolBasementNo HOA
Listing remarks courtesy of PARS ESTATES INC · Sold by SOLID SOURCE REALTY GA LLC.
· FMLS #5343850$683/mo est.
with $9,990 down · $99,900 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.
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Home details
3
Beds
1,115
Sqft
1979
Built
1
Fireplaces
None
HOA
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,775/morange $1,650 – $1,90021.3% gross yield
Based on 8 similar rentals within 2 mi (3 recently leased).
Home facts
Payment calculator
$712/mo
Principal & interest$583
Property taxes$100
Home insurance$29
Down payment$9,990 (10%)
Interest rate6.750%
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
Forsyth - OtherElementary
Forsyth - OtherMiddle
Forsyth - OtherHigh
Location
63 for sale 14 pending 12 sold
Listed by
PARS ESTATES INC · Sold by SOLID SOURCE REALTY GA LLC
Source: FMLS · #5343850
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© 2026 Veribas Real Estate LLC · (833) 837-4227 · Georgia Broker Lic. H-81905 · Qualifying Broker: Ahsan Charania, GREC #417366. Veribas Real Estate LLC is a licensed Georgia real estate brokerage. We are not a lender or mortgage loan originator; all financing is provided by independent NMLS-licensed lenders, and payment figures on this site are estimates only. Listing information is deemed reliable but not guaranteed and should be independently verified. We are committed to the federal Fair Housing Act and the Equal Credit Opportunity Act.
