Sold Price cut: $20,000 (8/4)
$59,900
3 beds · 1,421 sqft
116 Lake Forest Drive, Elberton, GA 30635
Great deal
Priced about $238,629 (80%) below comparable homes. Estimated market value $298,529, based on 325 comparable homes in the metro.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Renovated 4 side BRICKranch 3 bdr/2 full baths, great first time buyer or rental investment property,family rm and separate dinning rm ,all rooms restored real hardwd flrs,new vinyl kitchen and baths,new paint inside/out, kitchen:new ss appliances,new countertops,real wood paneling walls.New lighting,updated electr and plumbing,new blinds,0.4 acres lot,storage on backyard, excellent location close to downtown, 1 car carpot,private owner,regular sale
PoolBasementNo HOARenovated
Listing remarks courtesy of SOLID SOURCE REALTY GA LLC · Sold by SOLID SOURCE REALTY GA LLC.
· FMLS #5684541$410/mo est.
with $5,990 down · $59,900 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
1,421
Sqft
1956
Built
None
HOA
$823/yr
Est. taxes
Veribas Rental Valuation
If you rented it out · estimated from sale value
$500/morange $450 – $55010.0% gross yield
Estimated from this home's value — not enough similar rentals nearby for a direct comparison.
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$427/mo
Principal & interest$350
Property taxes$60
Home insurance$17
Down payment$5,990 (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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Schools
Elbert CountyElementary
Elbert CountyMiddle
Elbert CountyHigh
Location
3 for sale 1 pending 10 sold
Listed by
SOLID SOURCE REALTY GA LLC · Sold by SOLID SOURCE REALTY GA LLC
Source: FMLS · #5684541
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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.