Sold Price cut: $75,000 (10/22)
$1,325,000
4 beds · 7,396 sqft
775 Lummus Road, Cumming, GA 30040
Great deal
Priced about $553,743 (29%) below comparable homes. Estimated market value $1,878,743, based on 26 comparable homes in the metro.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
REDUCED $75,000. Absolute dream home - architectural masterpiece -Totally Unique - Perfect Location- Just over Fulton City Line in Horse Country. Superior quality in every detail. Open, spacious rooms for total joy of living. Master suite and guest bedroom on main. Designer Country Kitchen opens to Fireside Dining. Additional finished space presently used as office has 2nd…
PoolBasementGarageNo HOA
Listing remarks courtesy of BEACHAM AND COMPANY REALTORS · Sold by PROFESSIONAL REALTY GROUP.
· FMLS #5599329$9,060/mo est.
with $132,500 down · $1,325,000 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
4
Beds
7,396
Sqft
2006
Built
3-car
Garage
2
Fireplaces
Veribas Rental Valuation
If you rented it out · from nearby rentals
$8,800/morange $8,175 – $9,4258.0% gross yield
Based on 8 similar rentals within 2 mi (3 recently leased).
4 bd · 3 ba · 1.7 mi away$3,500/mo4 bd · 3 ba · 3,340 sqft · 1.3 mi away · leased$3,200/mo3 bd · 2 ba · 1,760 sqft · 0.8 mi away$2,000/mo3 bd · 2 ba · 1,360 sqft · 1.1 mi away$2,095/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$9,446/mo
Principal & interest$7,735
Property taxes$1,325
Home insurance$386
Down payment$132,500 (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
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No surprises at closing
No junk fees — the numbers you agree to are the numbers you sign.
Schools
Free HomeElementary
Creekland - CherokeeMiddle
CreekviewHigh
Location
34 for sale 7 pending 12 sold
Listed by
BEACHAM AND COMPANY REALTORS · Sold by PROFESSIONAL REALTY GROUP
Source: FMLS · #5599329
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