Sold Price cut: $65,000 (8/20)
$875,000
6 beds · 3,682 sqft
5685 Cherokee Trace, Cumming, GA 30041
Overpriced
Priced about $126,443 (17%) above comparable homes. Estimated market value $748,557, based on 9 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Seller wants an offer! REDUCED PRICE!! Fabulous Lakefront Home on Laniers South end! So close to the waters edge. Double Slip Dock. Deep, deep, water, gorgeous views of the lake! 3 bdrms, 2 1/2 baths on main level, terrace level has additional bdrm/bath plus 2 more rooms that are used as bdrms, lg family rm w/ fplc, wet bar, game room. Enjoy the views from the huge…
PoolBasementGarageNo HOA
Home details
6
Beds
3,682
Sqft
1977
Built
0.35 ac
Lot
2-car
Garage
Veribas Rental Valuation
If you rented it out · from nearby rentals
$3,975/morange $3,700 – $4,2505.5% gross yield
Based on 3 similar rentals within 2 mi (1 recently leased).
5 bd · 4 ba · 3,346 sqft · 1.6 mi away · leased$3,100/mo4 bd · 3 ba · 3,180 sqft · 1.6 mi away$3,150/mo4 bd · 4 ba · 2,299 sqft · 1.8 mi away$3,000/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$6,238/mo
Principal & interest$5,108
Property taxes$875
Home insurance$255
Down payment$87,500 (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
Chattahoochee - ForsythElementary
OtwellMiddle
Forsyth CentralHigh
Location
49 for sale 8 pending 12 sold
Listed by
RE/MAX Center · Sold by KELLER WILLIAMS REALTY COMMUNITY PARTNERS
Source: FMLS · #5824919
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