Sold Price cut: $80,000 (10/29)
$450,000
5 beds · 4 baths · 2,601 sqft
5387 Ponderosa Farm Road, Gainesville, GA 30507
Great deal
Priced about $59,767 (12%) below comparable homes. Estimated market value $509,767, based on 8 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Back on Market, through no Fault of the Seller! 2.87% Rate Assumable FHA with Roam! NO HOA. MASTER ON MAIN. STAINLESS STEEL APPLIANCES. 1 ACRE LOT. FENCED YARD.
Charming craftsman on a flat 1-acre lot in Gainesville with serene horse farm views! This well-maintained home offers a spacious open-concept layout with crown molding, rich hardwoods, and a cozy brick fireplace. The…
Master on mainPoolBasementGarageNo HOA
Listing remarks courtesy of Mark Spain Real Estate · Sold by Chattahoochee North, LLC.
· FMLS #7593788$3,077/mo est.
with $45,000 down · $450,000 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
5
Beds
4
Baths
2,601
Sqft
2017
Built
0.93 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,475/morange $2,300 – $2,6506.6% gross yield
Based on 12 similar rentals within 5 mi (6 recently leased).
Home facts
Payment calculator
$3,208/mo
Principal & interest$2,627
Property taxes$450
Home insurance$131
Down payment$45,000 (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
Estimated valueListed for sale
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Schools
Chestnut MountainElementary
Cherokee BluffMiddle
Cherokee BluffHigh
Location
42 for sale 7 pending 12 sold
Listed by
Mark Spain Real Estate · Sold by Chattahoochee North, LLC
Source: FMLS · #7593788
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