Sold
$125,000
2 beds · 1,432 sqft
2675 Wallace Lake Circle, Cumming, GA 30040
Great deal
Priced about $205,665 (62%) below comparable homes. Estimated market value $330,665, based on 5 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Home Sweet Home! Charming Rocking Chair Front Porch! You will feel right at home in this beautifully updated ranch on a large corner lot. Perfect for first time home buyers or empty nesters!!!
PoolBasementNo HOARenovated
Listing remarks courtesy of RE/MAX CENTER · Sold by PALMERHOUSE PROPERTIES & ASSOCIATES.
· FMLS #5134457$855/mo est.
with $12,500 down · $125,000 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
1,432
Sqft
1961
Built
None
HOA
$78/yr
Est. taxes
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,600/morange $1,500 – $1,70015.4% gross yield
Based on 3 similar rentals within 2 mi (3 recently leased).
3 bd · 3 ba · 1,861 sqft · 0.7 mi away · leased$2,340/mo3 bd · 3 ba · 1,970 sqft · 2 mi away · leased$2,200/mo4 bd · 3 ba · 2,202 sqft · 1.7 mi away · leased$2,400/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$891/mo
Principal & interest$730
Property taxes$125
Home insurance$36
Down payment$12,500 (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
No junk fees — the numbers you agree to are the numbers you sign.
Schools
SawneeElementary
OtwellMiddle
Forsyth CentralHigh
Location
50 for sale 6 pending 12 sold
Listed by
RE/MAX CENTER · Sold by PALMERHOUSE PROPERTIES & ASSOCIATES
Source: FMLS · #5134457
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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.
