Sold
$40,000
3 beds · 1,239 sqft
1202 Sherwood Drive, Norcross, GA 30093
Great deal
Priced about $236,088 (86%) below comparable homes. Estimated market value $276,088, based on 5 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
NOT A FORECLOSURE OR A SHORT SALE. THIS IS AN ESTATE SALE WITH QUICK RESPONSE TO OFFERS. THE PROPERTY IS A 3 BEDROOM 2 BATH RANCH THAT NEEDS FLOORING, PAINT AND APPLIANCES TO BE IN GOOD SHAPE. THE HOME IS IN A GOOD LOCATION W/GWINNETT SCHOOLS. A SUPER DEAL.
PoolBasementGarageNo HOA
Listing remarks courtesy of REMAX LEGENDS · Sold by ATLANTA MAXIM REALTY.
· FMLS #4325671$273/mo est.
with $4,000 down · $40,000 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.
Make an offer
Sign in, then back your offer with a verified pre-approval — either a Veribas pre-approval or a lender letter we confirm.
In-person tour
As soon as today with a Veribas agent
Video walkthrough
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Home details
3
Beds
1,239
Sqft
1978
Built
2-car
Garage
1
Fireplaces
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,600/morange $1,500 – $1,70048.0% gross yield
Based on 8 similar rentals within a mile (2 recently leased).
Home facts
Payment calculator
$285/mo
Principal & interest$233
Property taxes$40
Home insurance$12
Down payment$4,000 (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
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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
Rockbridge - GwinnettElementary
LilburnMiddle
MeadowcreekHigh
Location
67 for sale 12 pending 12 sold
Listed by
REMAX LEGENDS · Sold by ATLANTA MAXIM REALTY
Source: FMLS · #4325671
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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.
