Sold
$65,000
2 beds · 714 sqft
516 Kelly Mill Road, Cumming, GA 30040
Great deal
Priced about $122,000 (65%) below comparable homes. Estimated market value $187,000, based on 31 comparable homes in the metro.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Cute bungalow sitting on a nice level lot; house has vinyl siding, back porch, tin roof, 2 bed/ 1 bath. House is in process of renotivations.
PoolBasementNo HOA
Listing remarks courtesy of ERA SUNRISE REALTY · Sold by HARRY NORMAN REALTORS.
· FMLS #5238458$444/mo est.
with $6,500 down · $65,000 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
2
Beds
714
Sqft
1981
Built
None
HOA
$713/yr
Est. taxes
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,375/morange $1,275 – $1,47525.4% gross yield
Based on 4 similar rentals within 2 mi.
1 bd · 1 ba · 728 sqft · 1.7 mi away$1,401/mo3 bd · 3 ba · 1.1 mi away$2,100/mo1 bd · 1 ba · 784 sqft · 1.7 mi away$1,673/mo2 bd · 2 ba · 1,143 sqft · 1.3 mi away$1,881/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$463/mo
Principal & interest$379
Property taxes$65
Home insurance$19
Down payment$6,500 (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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A Veribas agent walks every showing — questions answered on the spot.
No surprises at closing
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Schools
Kelly MillElementary
OtwellMiddle
Forsyth CentralHigh
Location
38 for sale 12 pending 12 sold
Listed by
ERA SUNRISE REALTY · Sold by HARRY NORMAN REALTORS
Source: FMLS · #5238458
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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.
