Sold Price cut: $15,000 (4/11)
$239,900
4 beds · 2,766 sqft
1255 Spring Oak Way, Cumming, GA 30041
Great deal
Priced about $373,448 (61%) below comparable homes. Estimated market value $613,348, based on 18 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Freddie Mac Foreclosure with new paint, carpet and appliances in kitchen. Ready to move in! Seller will pay up to $500 for buyers home warranty(buyer chooses company and warranty is paid at closing). Call Today! This home qualifies for special HomeSteps financing: NO Mortgage Insurance, NO appraisal, and as little as 5% down. Contact Listing Agent for detail
PoolBasementGarage
Listing remarks courtesy of ERA SUNRISE REALTY · Sold by NORTON MOUNTAIN PROPERTIES.
· FMLS #5114865$1,640/mo est.
with $23,990 down · $239,900 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.
Make an offer
Sign in, then back your offer with a verified pre-approval — either a Veribas pre-approval or a lender letter we confirm.
In-person tour
As soon as today with a Veribas agent
Video walkthrough
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Home details
4
Beds
2,766
Sqft
1997
Built
2-car
Garage
1
Fireplaces
Veribas Rental Valuation
If you rented it out · from nearby rentals
$3,100/morange $2,875 – $3,32515.5% gross yield
Based on 8 similar rentals within a mile (3 recently leased).
Home facts
Payment calculator
$1,750/mo
Principal & interest$1,400
Property taxes$240
Home insurance$70
HOA$40
Down payment$23,990 (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.
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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
MashburnElementary
Lakeside - ForsythMiddle
Forsyth CentralHigh
Location
49 for sale 6 pending 12 sold
Listed by
ERA SUNRISE REALTY · Sold by NORTON MOUNTAIN PROPERTIES
Source: FMLS · #5114865
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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.
