Sold Price cut: $10,000 (4/26)
$420,000
3 beds · 2,720 sqft
5735 Mercedes Drive, Cumming, GA 30041
Great deal
Priced about $184,603 (31%) below comparable homes. Estimated market value $604,603, based on 18 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
COMPLETE REMODEL! Don't let this deal slip by before summer. Practically brand new construction on the desirable south end of Lake Lanier. Deep water access with cover boat slip. ALL items are NEW: Entire kitchen, bathrooms, Fixtures, HW tile Flooring all over, SS appliances, Roof, water heater, custom master suite etc. Newer HVAC (5yr)  Lots of storage on all floors.…
PoolBasementNo HOARenovated
Listing remarks courtesy of Mark Spain Real Estate · Sold by CENTURY 21 RESULTS REALTY SERVICES.
· FMLS #5996491$3,006/mo est.
with $42,000 down · $420,000 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 7.28%, the national average for the week of Oct 1, plus property taxes. Insurance and HOA are extra. Not an APR or a loan offer.
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Home details
3
Beds
2,720
Sqft
1998
Built
0.2 ac
Lot
None
HOA
Veribas Rental Valuation
If you rented it out · from nearby rentals
$3,100/morange $2,875 – $3,3258.9% gross yield
Based on 12 similar rentals within 2 mi (8 recently leased).
Home facts
Payment calculator
$3,129/mo
Principal & interest$2,586
Property taxes$420
Home insurance$123
Down payment$42,000 (10%)
Interest rate7.280%
Starts at today’s national average for a 30-year fixed, 7.28% (week of Oct 1). Not an APR or a loan offer. 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
Chattahoochee - ForsythElementary
Little MillMiddle
Forsyth CentralHigh
Location
65 for sale 15 pending 12 sold
Listed by
Mark Spain Real Estate · Sold by CENTURY 21 RESULTS REALTY SERVICES
Source: FMLS · #5996491
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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.
