Sold
$110,000
3 beds · 1,782 sqft
5755 Mercedes Drive, Cumming, GA 30041
Great deal
Priced about $276,765 (72%) below comparable homes. Estimated market value $386,765, based on 10 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
REAL LAKE LIVING! Move-in ready home w/ Year Round Lake Lanier View from Deck. Maximize your Relaxation on the Wrap Around Deck with Lake View! Open Floor Plan. Kitchen with plant garden-bay window, tons of natural sunlight. 2 closets in Master Bedroom and both bedrooms have sliding glass doors to deck with amazing Lake View. Possible Roommate plan/inlaw suite on full terrace…
PoolBasementGarageNo HOAOpen floor plan
Listing remarks courtesy of SOLID SOURCE REALTY INC. · Sold by KELLER WILLIAMS REALTY CITYSIDE.
· FMLS #5059349$752/mo est.
with $11,000 down · $110,000 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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As soon as today with a Veribas agent
Video walkthrough
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Home details
3
Beds
1,782
Sqft
1992
Built
2-car
Garage
1
Fireplaces
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,250/morange $2,100 – $2,40024.5% gross yield
Based on 12 similar rentals within 2 mi (4 recently leased).
3 bd · 3 ba · 1,668 sqft · 0.6 mi away$2,150/mo3 bd · 3 ba · 1,750 sqft · 1 mi away$2,200/mo3 bd · 3 ba · 1,842 sqft · 1 mi away · leased$2,400/mo3 bd · 3 ba · 1,752 sqft · 1.1 mi away$2,250/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$784/mo
Principal & interest$642
Property taxes$110
Home insurance$32
Down payment$11,000 (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
ChestateeElementary
North ForsythMiddle
North ForsythHigh
Location
64 for sale 16 pending 12 sold
Listed by
SOLID SOURCE REALTY INC. · Sold by KELLER WILLIAMS REALTY CITYSIDE
Source: FMLS · #5059349
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