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5540 Mercedes Dr, Cumming, GA 30041

$290,000

Reduced By $35,000
last change 12/9/2024

Spacious backyard with garden and storage shed at 5540 Mercedes Dr, Cumming, GA 30041
  • Bedrooms

    4

  • Baths

    2

  • Full Baths

    2

  • Year Built

    1970

  • Days On Market

    36

  • Half Baths

    0

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Home Description

Investor's loss is your gain! This home is waiting for someone to come in and finish it off. Home has been partially renovated with 2 bedrooms and 1 bath up and another 2 bedrooms, 1 bath down. Prior owner closed off the staircase that led to the downstairs so you have 2 separate living spaces or open it back up and add the stairs back in. Home sits on a large .33ac +/- lot with a fenced in area, two large double carports with electrical and lighting, 2 separate driveways and a third carport and driveway perfect to store your boat, camper, work truck and more. Home sits across the street from the private gated lack access and boat launch. There is an optional POA for lake access. This is not a legal duplex, there are no rental restrictions and no HOA. Garden area, firepit, close to 400, Dawsonville outlets and more! If you're an investor - lender will fund the rehab.

  • MLS #: 7488804F
  • Address: 5540 Mercedes Dr
  • City: Cumming
  • Zip: 30041
  • County: Forsyth
  • Subdivision: Shady Shores
  • Community Features: Lake
  • Square Feet: 1840
  • Sq. Ft. Source: Public Records
  • Pool: None
  • Water Body Name: None
  • Dock : None
  • Waterfront Features: None
  • Water Source: Public
  • Interior of Property: Other,Recessed Lighting
  • Rooms: Kitchen,Laundry,Master Bedroom,Other
  • Flooring: Ceramic Tile,Luxury Vinyl,Wood
  • Kitchen Features: Other
  • Kitchen Appliances: Electric Range,Electric Water Heater
  • Fireplace: None
  • Number Fireplaces: 0
  • Bedrooms: Split Bedroom Plan
  • Master Bath: None
  • Dinning Room: Open Concept,Other
  • Laundry: Laundry Room,Other
  • Other Equipment: None
  • Patio/Porch Features: Covered,Deck,Patio
  • Security Features: None
  • Common Walls: No Common Walls
  • Basement: Other
  • Parking: Carport,Driveway,Level Driveway,Parking Pad,RV Access/Parking
  • Carport Spaces: 5
  • Lot Dimensions: 105 x 170
  • Lot Size Acres: 0.33

Available now at $290,000

  • Type: Single Family
  • Style: Traditional
  • Levels: Two
  • Property Condition: Resale
  • Road Type: Paved
  • Cooling: Ceiling Fan(s),Wall Unit(s)
  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Green Energy Efficient: None
  • Green Energy Generation: None
  • Exterior of Property: Garden,Other,Storage
  • Construction Materials: Other
  • Roof Type: Composition,Shingle
  • Other Structures: Other,Shed(s)
  • Swim/Tennis Fee: None
  • Tax Year: 2023
  • Home Warranty: No

Neighborhood

The average asking price of a 4 bedroom Cumming home in this zip code is $754,703 (160.2% more than this home).

This home is priced at $158/sqft, which is 61.0% less than similar homes in the 30041 zip code.

Potential Great Value Bank Owned

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School Information

  • Elementary:Chattahoochee - Forsyth
  • Middle School:Little Mill
  • High School:East Forsyth

Financial

  • Approx Payment:$1,469*
  • Taxes:$109

Area Stats

These statistics are updated daily from the Georgia Multiple Listing Service. For further analysis or to obtain statistics not shown below please call EasyStreet Realty at (404) 735-7757 and speak with one of our real estate consultants.

Listing Courtesy of EXP Realty, LLC.. For information or to schedule a viewing of this property (MLS# 7488804F), call: 404-735-7757

5540 Mercedes Dr, Cumming GA is a single family home of 1840 sqft and is currently priced at $290,000 . This single family home has 4 bedrooms. A comparable home for sale at 1520 Victoria Walk in Cumming is listed at $495,000. In addition to single family homes, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures in Cumming, GA. Driftwood, Hutchinson Pointe and Cambridge Hills are nearby neighborhoods. MLS 7488804F has been posted on this site since 11/21/2024 (today).

2024 12/26/2024

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