5035 Mercedes Dr, Cumming, GA 30041
SOLDMAR 18, 2024

5035 Mercedes Dr
Cumming, GA 30041

Shady Shores
  • 4 Beds
  • 2 Baths
  • 1,408 sqft
  • 4 Beds
  • 2 Baths
  • 1,408 sqft

$395,000

Last Sold: Mar 18, 2024
1% below list $400K
$281/sqft
Est. Refi. Payment $2,386/mo*

Homes for Sale Near 5035 Mercedes Dr

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from March 21, 2024
MOVE IN READY-RARE COMMUNITY LAKE ACCESS! Sought after south-end of Lake Lanier! Your Lake Lanier cottage awaits! NO HOA! 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 has excellent rental investment property potential OR call this YOUR LAKE HOME! EXCELLENT INVESTMENT! Imagine walking your dog down the street to the lake! Or dropping your paddle board! 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.

Home Highlights

Parking
Attached Garage
Outdoor
Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$281/sqft
Listed
180+ days ago

Home Details for 5035 Mercedes Dr

Interior Features

Interior Details
Basement: Daylight,Finished,FullNumber of Rooms: 1Types of Rooms: Kitchen
Beds & Baths
Number of Bedrooms: 4Main Level Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 1408 Square Feet
Appliances & Utilities
Utilities: Cable Available, Electricity Available, High Speed Internet, Phone Available, Water AvailableAppliances: Electric Water Heater, Dryer, Washer, Dishwasher, RefrigeratorDishwasherDryerLaundry: Laundry Closet,Common AreaRefrigeratorWasher
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Ceiling Fan(s),Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Family RoomHas a Fireplace
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Flooring: HardwoodCommon Walls: No Common Walls
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Hardwood
View
No View

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: Deck
Parking & Garage
No CarportHas a GarageHas an Attached GarageParking Spaces: 4Parking: Attached,Garage Door Opener,Basement,Garage,Side/Rear Entrance
Frontage
WaterfrontOn Waterfront
Water & Sewer
Sewer: Septic TankWater Body: Lanier
Finished Area
Finished Area (above surface): 1034 Square FeetFinished Area (below surface): 374 Square Feet

Property Information

Year Built
Year Built: 1995
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Bungalow/Cottage,Traditional
Building
Construction Materials: Wood SidingNot a New ConstructionNot Attached PropertyDoes Not Include Home Warranty
Property Information
Condition: ResaleParcel Number: 221 459

Price & Status

Price
List Price: $400,000Price Per Sqft: $281/sqft
Status Change & Dates
Off Market Date: Sun Feb 11 2024Possession Timing: Close Of Escrow

Active Status

MLS Status: Sold

Location

Direction & Address
City: CummingCommunity: Shady Shores
School Information
Elementary School: ChattahoocheeJr High / Middle School: Little MillHigh School: Forsyth Central

Building

Building Area
Building Area: 1408 Square Feet

Community

Community Features: Lake

HOA

HOA Fee Includes: NoneNo HOA

Lot Information

Lot Area: 10454.4 sqft

Listing Info

Special Conditions: Investor Owned

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: 1031 Exchange, Cash, Conventional, FHA, Owner Will Carry, VA Loan

Compensation

Buyer Agency Commission: 3Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

BasementMls Number: 10205180

Additional Information

Lake
Last check for updates: about 14 hours ago
Listed by Shellie Watson, (678) 938-9232
Keller Williams Realty Atl. Partners
Bought with: Karel Salcedo Holcombe, (678) 767-2816, Keller Williams Community Partners
Source: GAMLS, MLS#10205180

Price History for 5035 Mercedes Dr

DatePriceEventSource
03/18/2024$395,000Sold
GAMLS #10205180
02/12/2024$400,000PendingGAMLS #10205180
02/11/2024$400,000PriceChange
GAMLS #10205180
01/30/2024$410,000PriceChange
GAMLS #10205180
01/17/2024$425,000PriceChange
GAMLS #10205180
01/06/2024$429,900PriceChange
GAMLS #10205180
12/15/2023$434,000PriceChange
GAMLS #10205180
11/14/2023$435,000PriceChange
GAMLS #10205180
09/20/2023$439,900Listed For SaleFMLS GA #7278410
06/05/2017$164,250Sold
FMLS GA #5851819
05/23/2017$169,000PendingAgent Provided
05/19/2017$169,000Listed For SaleAgent Provided
01/30/2015$114,900Sold
FMLS GA #5383440
01/27/2015$114,900PendingAgent Provided
01/14/2015$114,900Listed For SaleAgent Provided
01/18/1995$46,300Sold
N/A

Property Taxes and Assessment

Year2023
Tax$2,759
Assessment$280,230
Home facts updated by county records

Comparable Sales for 5035 Mercedes Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.11
Single-Family Home
$339,000
06/30/23
3
2
1,644
0.20
Single-Family Home
$297,000
05/05/23
3
2
1,400
0.32
Single-Family Home
$325,000
04/24/24
4
2
1,840
0.19
Single-Family Home
$295,000
11/07/23
2
2
924
0.19
Single-Family Home
$250,000
09/20/23
2
2
960
0.48
Single-Family Home
$439,000
07/21/23
3
2
1,682
0.14
Single-Family Home
$320,000
09/28/23
1
3
1,264

What Locals Say about Shady Shores

  • Joni J.
    "Trick or treating and people out walking and working in the yards. I don’t know of any other events except the NOA"
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  • Rparkerpne
    "Drive about 35 minutes a day doe 400 which is very close to where I live. Usually takes me longer to get home "
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  • Dthomp35
    "We lived there for ten years, unfortunately my husbands job was transfered to Texas. We really miss it. It was the best for my kids including the schools, sports, safety, and it gave them kind of the country feel of growing up but knowing your not far from plenty of shopping and great things to do. The lake is awesome, they loved it!"
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LGBTQ Local Legal Protections

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2024 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 5035 Mercedes Dr

Off Market Homes Near 5035 Mercedes Dr

5035 Mercedes Dr, Cumming, GA 30041 is a 4 bedroom, 2 bathroom, 1,408 sqft single-family home built in 1995. 5035 Mercedes Dr is located in Shady Shores, Cumming. This property is not currently available for sale. 5035 Mercedes Dr was last sold on Mar 18, 2024 for $395,000 (1% lower than the asking price of $400,000). The current Trulia Estimate for 5035 Mercedes Dr is $397,200.