Sold
$129,900
3 beds · 1,372 sqft
5037 Elrod Road, Gainesville, GA 30506
Great deal
Priced about $192,493 (60%) below comparable homes. Estimated market value $322,393, based on 8 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
3 BEDROOM 2 BATH RANCH HOME SITUATED ON 2.61 ACRES IN NORTH HALL!! NO SUBDIVISION, VERY PRIVATE, HAS A SEPARTE GARAGE/WORKSHOP, PLENTLY OF ROOM FOR A GARDEN, UNIQUE PROPERTY, A MUST SEE AT THIS PRICE. CONVENIENT TO GAINESVILLE, DAWSONVILLE AND DAHLONEGA! OWNERS ARE RELOCATING.
PoolBasementNo HOA
Listing remarks courtesy of VIRTUAL PROPERTIES REALTY · Sold by VIRTUAL PROPERTIES REALTY.
· FMLS #5615222$888/mo est.
with $12,990 down · $129,900 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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Home details
3
Beds
1,372
Sqft
1981
Built
None
HOA
$997/yr
Est. taxes
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,600/morange $1,500 – $1,70014.8% gross yield
Based on 11 similar rentals within 5 mi (5 recently leased).
Home facts
Payment calculator
$926/mo
Principal & interest$758
Property taxes$130
Home insurance$38
Down payment$12,990 (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
LanierElementary
ChestateeMiddle
ChestateeHigh
Location
25 for sale 3 pending 12 sold
Listed by
VIRTUAL PROPERTIES REALTY · Sold by VIRTUAL PROPERTIES REALTY
Source: FMLS · #5615222
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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.
