Sold Price cut: $20,000 (5/30)
$575,000
3 beds · 2,164 sqft
1940 KEMP Drive, Cumming, GA 30041
Overpriced
Priced about $64,765 (13%) above comparable homes. Estimated market value $510,235, based on 9 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
EXCELLENT SOUTH LAKE LOCATION-Beautiful Grass-to-Water Views from this Charming Home Built for Lake Living! Cvrd Single Slip-Dock w/Swim Platform in Great Water-Vaulted Great Room w/Hardwood Flrs & Stone Fireplace Open to Updated Kitchen w/Granite Counters+Tumbled Tile Back-splash-Amazing Lakeside Gathering Room w/Slate Floors was Designed for Optimum VIEWS! Owner Ste…
PoolBasementGarageNo HOARenovated
Listing remarks courtesy of Berkshire Hathaway HomeServices Georgia Properties · Sold by KELLER WILLIAMS REALTY PARTNERS.
· FMLS #5830602$3,931/mo est.
with $57,500 down · $575,000 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
3
Beds
2,164
Sqft
1970
Built
0.65 ac
Lot
2-car
Garage
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,875/morange $2,675 – $3,0756.0% gross yield
Based on 12 similar rentals within a mile (4 recently leased).
Home facts
Payment calculator
$4,099/mo
Principal & interest$3,356
Property taxes$575
Home insurance$168
Down payment$57,500 (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
MashburnElementary
OtwellMiddle
Forsyth CentralHigh
Location
68 for sale 10 pending 12 sold
Listed by
Berkshire Hathaway HomeServices Georgia Properties · Sold by KELLER WILLIAMS REALTY PARTNERS
Source: FMLS · #5830602
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