Sold Price cut: $59,000 (4/26)
$515,000
5 beds · 7,064 sqft
7505 Matts Landing Point, Cumming, GA 30028
Great deal
Priced about $447,023 (46%) below comparable homes. Estimated market value $962,023, based on 5 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
MOTIVATED SELLER! Incredible home with Indoor Pool (36' long!), on a QUIET PRIVATE 45 AC LAKE w/ elec motors only. 260' of lake frntge. Lake access limited to lake front homes only. Trophy bass lake! Quiet one street sub-division. Mstr on main. 4 bdrm, 4.5 ba. Plantation shutters, crown molding throughout 1st floor, updated kitchen appliances. Fin trrce lvl opens to pool with…
PoolBasementGarageRenovatedWaterfront
Listing remarks courtesy of Berkshire Hathaway HomeServices Georgia Properties · Sold by BHGRE METRO BROKERS.
· FMLS #5580842$3,521/mo est.
with $51,500 down · $515,000 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
7,064
Sqft
2002
Built
1.7 ac
Lot
3-car
Garage
Veribas Rental Valuation
If you rented it out · from nearby rentals
$7,125/morange $6,625 – $7,62516.6% gross yield
Based on 8 similar rentals within 2 mi (5 recently leased).
Home facts
Payment calculator
$3,671/mo
Principal & interest$3,006
Property taxes$515
Home insurance$150
Down payment$51,500 (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
MattElementary
Liberty - ForsythMiddle
North ForsythHigh
Location
33 for sale 7 pending 12 sold
Listed by
Berkshire Hathaway HomeServices Georgia Properties · Sold by BHGRE METRO BROKERS
Source: FMLS · #5580842
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