Skip To Content

5035 Mercedes Drive

Cumming, GA 30041
  • $435,000
  • STATUS: Active
  • ON SITE: 77 Days
  • MLS #: 10205180
UPDATED: 50 min ago
$435,000
  • 4
    BEDS
  • 0.24
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,408
    SQFT
  • $309
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1995
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

MOVE IN READY-RARE COMMUNITY LAKE ACCESS! Sought after south end of Lake Lanier! Your Lake Lanier cottage awaits! NO HOA! OWNER FINANCING OPTION/Must qualify:20% down required @6.5% for 30 yrs! Are you ready for something affordable where you can walk to the lake or drop a boat, kayak or paddle board? How about excellent Forsyth county school district? This is the spot! FREEDOM! This can be a Short term OR long term rental OR call this YOUR HOME! Freshly painted with hardwood floors, stainless appliance pkg includes fridge and we are including the red washer and dryer set! Kitchen features updated stacked stone tile backsplash, granite counters, newer cabinetry. Bathrooms feature updated lighting, hardware & classic tile. Excellent floorplan with 4th bonus studio or workshop option on basement garage level. BBQ deck is recently stained. You will notice that the lighting and hardware is updated and the home is clean, interior freshly painted and move in ready. Walk to the private community lake access for fishing & lake fun. Conveniently located to 400 and Forsyth County shopping/dining. Quiet community. Roof, septic, HVAC recently serviced. * See attached Document! Potential short term rental income according to Air DNA at 69% occupancy is approx $54k

Monthly Payment Calculator



Georgia MLS logo© 2023 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Grier & Co with Georgia Home Partners Realty are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Grier & Co with Georgia Home Partners Realty. Data last updated: 2023-12-07T00:09:59.987.
www.northeastgahomesource.com/homes/143575553
Print Image

5035 Mercedes Drive Cumming, GA 30041

  • Price: $435,000
  • Status: Active
  • On Site: 77 Days
  • Updated: 50 min ago
  • MLS #: 10205180
4
Beds
2
Baths
0
½ Baths
0.24
Acres
1,408
SQFT
$309
$/SQFT
1995
Built
Neighborhood:
Shady Shores
County:
Forsyth
Area:
Cumming
Elementary School:
Chattahoochee
Middle School:
Little Mill
High School:
Forsyth Central
Property Description
MOVE IN READY-RARE COMMUNITY LAKE ACCESS! Sought after south end of Lake Lanier! Your Lake Lanier cottage awaits! NO HOA! OWNER FINANCING OPTION/Must qualify:20% down required @6.5% for 30 yrs! Are you ready for something affordable where you can walk to the lake or drop a boat, kayak or paddle board? How about excellent Forsyth county school district? This is the spot! FREEDOM! This can be a Short term OR long term rental OR call this YOUR HOME! Freshly painted with hardwood floors, stainless appliance pkg includes fridge and we are including the red washer and dryer set! Kitchen features updated stacked stone tile backsplash, granite counters, newer cabinetry. Bathrooms feature updated lighting, hardware & classic tile. Excellent floorplan with 4th bonus studio or workshop option on basement garage level. BBQ deck is recently stained. You will notice that the lighting and hardware is updated and the home is clean, interior freshly painted and move in ready. Walk to the private community lake access for fishing & lake fun. Conveniently located to 400 and Forsyth County shopping/dining. Quiet community. Roof, septic, HVAC recently serviced. * See attached Document! Potential short term rental income according to Air DNA at 69% occupancy is approx $54k
Exterior Features

Architectural Style Bungalow/CottageTraditional Attached Garage YN Yes Carport YN No Common Walls No Common Walls Construction Materials Wood Siding Garage YN Yes Levels Two Lot Features LevelPrivate Lot Size Area 10454.4 Lot Size Source Public Records Lot Size Units Square Feet Parking Features AttachedGarage Door OpenerBasementGarageSide/Rear Entrance Parking Total 4 Patio And Porch Features Deck Roof Composition Total Number Of Slips 0 View YN No

Interior Features

Above Grade Finished Area 1034 Above Grade Finished Area Units Square Feet Appliances Electric Water HeaterDryerWasherDishwasherRefrigerator Basement DaylightFinishedFull Below Grade Finished Area 374 Below Grade Finished Area Units Square Feet Below Grade Unfinished Area 0 Building Area Total 1408 Building Area Units Square Feet Cooling Ceiling Fan(s)Central Air Cooling YN Yes Fireplace Features Family Room Fireplace YN Yes Fireplaces Total 1 Flooring Hardwood Heating Central Heating YN Yes Interior Features Tray Ceiling(s)Vaulted Ceiling(s)High CeilingsMaster On Main LevelRoommate Plan Kitchen Features Pantry Laundry Features Laundry ClosetCommon Area Living Area Source Public Records Living Area Units Square Feet Main Level Bathrooms 2 Main Level Bedrooms 3 Rooms Family Room

Property Features

Association Fee 0 Association Fee Includes None Association YN No Community Features Lake District 14 Electric On Property YN Yes Es Bus Yn Yes Home Warranty YN No Hs Bus Yn Yes Land Lease YN No Land Lot 150 Listing Terms 1031 ExchangeCashConventionalFHAOwner Will CarryVA Loan Ms Bus Yn Yes New Construction YN No Property Attached YN No Property Condition Resale Property Sub Type Single Family Residence Section 1 Sewer Septic Tank Special Listing Conditions Investor Owned Structure Type House Tax Annual Amount 2276 Tax Year 2022 Utilities Cable AvailableElectricity AvailableHigh Speed InternetPhone AvailableWater Available Water Body Name Lanier Water Source Public Waterfront YN Yes

GAMLS logo Listing provided courtesy of Keller Williams Rlty Atl. Part: 678-341-2900. © 2023 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2023 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Grier & Co with Georgia Home Partners Realty are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Grier & Co with Georgia Home Partners Realty. Data last updated: 2023-12-07T00:09:59.987.
 
https://bt-photos.global.ssl.fastly.net/gamls/1280_boomver_5_10205180-2.jpg https://bt-photos.global.ssl.fastly.net/gamls/1280_boomver_5_10205180-2.jpg https://bt-photos.global.ssl.fastly.net/gamls/1280_boomver_5_10205180-2.jpg
Logo
Grier & Co with Georgia Home Partners Realty
1551 Jennings Mill Road, #700A
Watkinsville GA, 30677