Sold Price cut: $25,000 (3/19)
$825,000
3 beds · 3 baths · 2,436 sqft
902 Laurel Creek Trail, Cherry Log, GA 30522
Overpriced
Priced about $357,006 (76%) above comparable homes. Estimated market value $467,994, based on 433 comparable homes in the metro.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
This beautifully maintained cabin combines charm, luxury, and income potential with its successful rental history-fully turnkey and ready to enjoy or do a short term rental! From the moment you arrive, you're greeted by breathtaking, expansive mountain views and an inviting wrap-around porch, perfect for soaking in the scenery. Step inside to an open-concept design with…
PoolBasement
Listing remarks courtesy of Berkshire Hathaway HomeServices Georgia Properties · Sold by Keller Williams Lanier Partners.
· FMLS #7533308$5,641/mo est.
with $82,500 down · $825,000 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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Home details
3
Beds
3
Baths
2,436
Sqft
2006
Built
1.5 ac
Lot
2
Veribas Rental Valuation
If you rented it out · from nearby rentals
$3,100/morange $2,875 – $3,3254.5% gross yield
Based on 4 similar rentals within 10 mi.
3 bd · 2 ba · 2.5 mi away$4,200/mo5 bd · 4 ba · 2,340 sqft · 4.9 mi away$2,995/mo4 bd · 3 ba · 2,400 sqft · 8 mi away$2,500/mo4 bd · 4 ba · 2,592 sqft · 9 mi away$3,300/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$5,924/mo
Principal & interest$4,816
Property taxes$825
Home insurance$241
HOA$42
Down payment$82,500 (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
Estimated valueListed for sale
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Schools
Gilmer - OtherElementary
Gilmer - OtherMiddle
Gilmer - OtherHigh
Location
10 for sale 2 pending 12 sold
Listed by
Berkshire Hathaway HomeServices Georgia Properties · Sold by Keller Williams Lanier Partners
Source: FMLS · #7533308
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