Sold
$138,000
2 beds
1203 E Ridge Road, Gainesville, GA 30501
About this home
Must see! 2.26 Acres close in, newly renovated, new HVAC system, new kitchen appliances, counter tops and cabinets, original hardwood floor, freshly painted home with two large family rooms, 2 fireplaces, breakfast room, and separate dining room, 2 bedroom and additional room could be used for 3rd bedroom, 1 bathroom home sits off the road, private setting. Near the new Kroger shopping center, off Jesse Jewell and Limestone Pkwy.
PoolBasementNo HOARenovated
Listing remarks courtesy of Virtual Properties Realty. com · Sold by Southern Classic Realtors.
· FMLS #5848481$944/mo est.
with $13,800 down · $138,000 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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Sign in, then back your offer with a verified pre-approval — either a Veribas pre-approval or a lender letter we confirm.
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Video walkthrough
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Home details
2
Beds
1940
Built
2
Fireplaces
None
HOA
$197/yr
Est. taxes
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,525/morange $1,425 – $1,62513.3% gross yield
Based on 12 similar rentals within a mile (6 recently leased).
2 bd · 2 ba · 0.6 mi away$1,695/mo2 bd · 3 ba · 0.6 mi away$1,725/mo2 bd · 3 ba · 0.7 mi away$1,725/mo1 bd · 1 ba · 0.4 mi away · leased$1,425/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$984/mo
Principal & interest$806
Property taxes$138
Home insurance$40
Down payment$13,800 (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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Every list price is checked against our valuation model and local comps.
Licensed agent on every tour
A Veribas agent walks every showing — questions answered on the spot.
No surprises at closing
No junk fees — the numbers you agree to are the numbers you sign.
Schools
White SulphurElementary
East HallMiddle
East HallHigh
Location
18 for sale 4 pending 12 sold
Listed by
Virtual Properties Realty. com · Sold by Southern Classic Realtors
Source: FMLS · #5848481
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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.
