Sold
$229,000
3 beds · 1,720 sqft
5575 Hancock Lane, Cumming, GA 30041
Great deal
Priced about $184,746 (45%) below comparable homes. Estimated market value $413,746, based on 7 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
This home has been completely updated - including - all floors -new kitchen - new secondary bath - new master bath with walk in shower - new roof 10/2015 - Large patio with pergola and ceiling fans -BONUS room with new carpet - 20X24 shop with power - fenced garden area with raised beds. AGENT/OWNER with a GA R E Lic # 284205.
PoolBasementGarageRenovated
Listing remarks courtesy of SOLID SOURCE REALTY GA LLC · Sold by SOLID SOURCE REALTY GA LLC.
· FMLS #5834077$1,566/mo est.
with $22,900 down · $229,000 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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Video walkthrough
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Home details
3
Beds
1,720
Sqft
2005
Built
0.59 ac
Lot
2-car
Garage
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,100/morange $1,950 – $2,25011.0% gross yield
Based on 12 similar rentals within 5 mi (7 recently leased).
3 bd · 2 ba · 1,680 sqft · 0.6 mi away · leased$1,950/mo3 bd · 3 ba · 1,416 sqft · 0.4 mi away · leased$2,300/mo3 bd · 3 ba · 2,257 sqft · 0.9 mi away · leased$4,500/mo2 bd · 3 ba · 1,930 sqft · 1.4 mi away$2,450/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$1,650/mo
Principal & interest$1,337
Property taxes$229
Home insurance$67
HOA$17
Down payment$22,900 (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
ChestateeElementary
Little MillMiddle
North ForsythHigh
Location
36 for sale 9 pending 12 sold
Listed by
SOLID SOURCE REALTY GA LLC · Sold by SOLID SOURCE REALTY GA LLC
Source: FMLS · #5834077
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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.
