Sold Price cut: $10,000 (7/7)
$440,000
4 beds · 3 baths · 2,501 sqft
7005 Ridge Way, Gainesville, GA 30506
Great deal
Priced about $73,027 (14%) below comparable homes. Estimated market value $513,027, based on 11 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Welcome to 7005 Ridge Way, a beautifully maintained 4-bedroom, 3-bath ranch-style home located in the quiet Cedar Ridge community of Forsyth County. This spacious residence offers a blend of comfort, functionality, and versatility—perfect for multi-generational living, growing families, or anyone who values extra space. Step into an open-concept main level filled with natural…
PoolBasementGarageCul-de-sacNo HOA
Listing remarks courtesy of Keller Williams Lanier Partners · Sold by Keller Williams Realty Community Partners.
· FMLS #7580247$3,008/mo est.
with $44,000 down · $440,000 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
4
Beds
3
Baths
2,501
Sqft
2002
Built
0.6 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,725/morange $2,525 – $2,9257.4% gross yield
Based on 12 similar rentals within 5 mi (3 recently leased).
Home facts
Payment calculator
$3,136/mo
Principal & interest$2,568
Property taxes$440
Home insurance$128
Down payment$44,000 (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 sale
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Schools
ChestateeElementary
North ForsythMiddle
East ForsythHigh
Location
21 for sale 1 pending 12 sold
Listed by
Keller Williams Lanier Partners · Sold by Keller Williams Realty Community Partners
Source: FMLS · #7580247
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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.
