Sold
$54,900
2 beds · 1,216 sqft
1018 Summer Place 1018, Norcross, GA 30071
Great deal
Priced about $227,978 (81%) below comparable homes. Estimated market value $282,878, based on 4 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Fannie Mae property. This lovely two bedroom 2.5 bath unit is ideal for roommates with two master bedrooms. Wood flooring on first floor. All appliances including microwave and refrigerator. Very private backyard. Gated swim tennis community in a great location, convenient to shopping, dining, entertainment and I-85 and I-285. Home is eligible for Homepath Mortgage & Homepath Renovation financing with as little as 3% down.
PoolBasementRenovated
Listing remarks courtesy of RE/MAX CENTER · Sold by VIRTUAL PROPERTIES REALTY.
· FMLS #5057532$375/mo est.
with $5,490 down · $54,900 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.
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Video walkthrough
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Home details
2
Beds
1,216
Sqft
2005
Built
$175/month
HOA
$1,032/yr
Est. taxes
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,750/morange $1,625 – $1,87538.3% gross yield
Based on 7 similar rentals within a mile (1 recently leased).
2 bd · 4 ba · 1,214 sqft · 0 mi away$1,850/mo2 bd · 3 ba · 1,214 sqft · 0 mi away · leased$1,755/mo2 bd · 2 ba · 1,146 sqft · 0.8 mi away$1,450/mo2 bd · 2 ba · 1,146 sqft · 0.8 mi away$1,628/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$566/mo
Principal & interest$320
Property taxes$55
Home insurance$16
HOA$175
Down payment$5,490 (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
NorcrossElementary
SummerourMiddle
NorcrossHigh
Location
63 for sale 16 pending 12 sold
Listed by
RE/MAX CENTER · Sold by VIRTUAL PROPERTIES REALTY
Source: FMLS · #5057532
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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.
