11 days on rocket

5485 Mercedes Dr, Cumming, GA, 30041

$344,900

Home List Price

$4,096*

Closing Credit

4 Bedrooms
2 Full Baths
1,620 SqFt
$213/SqFt
House

Location

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5485 Mercedes Dr, Cumming$344,900

Buyer Closing Credits

$4,096*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingKitchen Level
Year Built2007
HeatingCentral
CoolingCeiling Fan(s), Central Air
BasementYes
MLS #10407411
Lot Size0.24 Acres
StatusActive

About 5485 Mercedes Dr

Seller OFFERING $2,000 towards closing cost! Incredible Opportunity in East Forsyth HS District! Discover this beautifully updated 4-bedroom, 2-bath home in the serene Shady Shores neighborhood, just minutes from Lake Lanier. With NO HOA and voluntary POA lake access, enjoy the best of lake living without restrictions. This open-concept home boasts Quartz countertops, stainless steel appliances, and luxury vinyl plank flooring. Modern light fixtures add a touch of elegance, and a versatile bonus room offers endless possibilities as a 5th bedroom, media room, office, or playroom. You can walk to the lake and have ramp access from the optional POA for a $35 key. Ideally located with quick access to GA 400, this home is close to Alliance Academy, Cumming's new City Center, the Aquatic Center, Dawsonville Premium Outlets, UNG Campus, and Tidwell Park boat ramp. This must-see gem offers lake life, convenience, and style in one perfect package.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow/Cottage, Traditional
  • Year Built: 2007
  • Living Area: 1,620 SqFt

Listing Office:

  • Office Name: Anchor Real Estate Advisors
  • Listing Agent: Cyndi Eversole

Interior Features

Interior Information:

  • Appliances: Dishwasher, Oven/Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Laminate
  • Interior: Master On Main Level, Tray Ceiling(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Kitchen Level

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

  • Directions: gps friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $344,900
  • Price Per SqFt: $213/SqFt

Tax Information:

  • Annual Amount: $1,262
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cumming, GA.

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Cumming, GA

City

Med. Sold Price

$581.5K

Med. Price/SqFt

$219

Avg. Days On Market

43

# of Sold Homes

239

5485 Mercedes Dr vs Cumming

11 DAYS ON ROCKET

-32 Days

$344,900

-$236.6K Less

$213/SqFt

-$6 Less

KEY TAKEAWAY

This property is $236.6K less than the Median Sold Price and $6/SqFt less than other homes in Cumming, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Georgia MLS 2
  • MLS Number: #10407411

Listing Office:

  • Office Name: Anchor Real Estate Advisors
  • Listing Agent: Cyndi Eversole

IDX Based on information from the Georgia MLS © 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 4:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 25, 2016Home Sold
$112,000
Apr 04, 2011Home Sold
$29,700

Tax History

YEARPROP. TAXASSESSMENT
2020$1,262$45,500
2018$1,022$36,992
2017$1,022$36,820

History based on county public records data.

Payment Calculator

$1,789

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,101

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-499676
6
/10

  • Chattahoochee Elementary School

  • 2800 Holtzclaw Rd

  • 1.51 miles

  • Public District Grades KG-5

school-card-donut-499677
6
/10

  • Cumming Elementary School

  • 540 Dahlonega St

  • 2.34 miles

  • Public District Grades KG-5

school-card-donut-499678
7
/10

  • Mashburn Elementary School

  • 3777 Samples Rd

  • 3.46 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,138. The majority of Cumming, GA residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5485 Mercedes Dr

What is the listing price of this property?

The listing price of 5485 Mercedes Dr property is $344,900.

What type of property is this?

The property 5485 Mercedes Dr is a house located in Cumming, Georgia, 30041.

Is this property for sale now?

Active Listing: 5485 Mercedes Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,262 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 25, 2016 for $112,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5485 Mercedes Dr has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5485 Mercedes Dr is 1,620 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5485 Mercedes Dr is 2007.

Rocket Homes›Georgia›Forsyth County›Cumming›30041›5485 Mercedes Dr

This home is located at 5485 Mercedes Dr in Cumming, GA and zip code 30041. This 1,620 square foot home, which was built in 2007, sits on a 0.24 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 06, 2024 and is currently priced at $344,900.

Cumming, GA housing market in October 2024 saw over 36 listings sold above listed price, more than 51 sold at listed price and over 143 sold below. In October 2024 in Cumming, GA there were 14.9% more homes for sale than in September 2024. While the average time on the market in October 2024 was 43 days, the median list price was $581,508.

From Rocket Homes Real Estate and based on county public records data.

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