Sold Price cut: $145,000 (8/9)
$1,150,000
5 beds · 3 baths · 3,379 sqft
5950 Truman Mountain Road, Gainesville, GA 30506
Overpriced
Priced about $458,001 (66%) above comparable homes. Estimated market value $691,999, based on 11 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Welcome to your own private retreat on the breathtaking shores of Lake Lanier, where stunning long-range deep water views take center stage from nearly every room in this one-of-a-kind mid century modern lake home. Perfectly situated on a beautiful nearly half-acre flat lot, this brick ranch with a full finished basement offers the ultimate blend of timeless character,…
· FMLS #7771615770-844-8484
$7,863/mo est.
with $115,000 down · $1,150,000 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
3
Baths
3,379
Sqft
1963
Built
0.4 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$4,150/morange $3,850 – $4,4504.3% gross yield
Based on 5 similar rentals within 2 mi (3 recently leased).
4 bd · 3 ba · 2,314 sqft · 0.8 mi away · leased$4,200/mo5 bd · 5 ba · 3,389 sqft · 1.6 mi away · leased$3,600/mo3 bd · 3 ba · 1,740 sqft · 0.6 mi away$1,995/mo3 bd · 3 ba · 1,932 sqft · 1.3 mi away$2,500/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$8,198/mo
Principal & interest$6,713
Property taxes$1,150
Home insurance$335
Down payment$115,000 (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
Estimated valueListed for salePrice cut
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Schools
ChestateeElementary
Little MillMiddle
North ForsythHigh
Location
42 for sale 7 pending 12 sold
Listed by
Berkshire Hathaway HomeServices Georgia Properties · Sold by Keller Williams Realty Atlanta Partners
Source: FMLS · #7771615
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