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  • $395,000

    5035 Mercedes Dr, Cumming, GA 30041

    4beds
    --sqft
    Single Family Residence, Residential
    Built in 1995
    10,454 Square Feet Lot
    $382,400 Zestimate®
    $--/sqft
    $2,192 Estimated rent

    Home value

    $382,400

    $363,000 - $402,000

    $2,192/mo

    Zestimate® history
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    What's special

    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 the dog down to the lake or drop a boat, kayak or paddle board? How about excellent Forsyth county school district? This is the spot! FREEDOM! This could be an excellent rental investment property 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 floor-plan 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    SHELLIE WATSON,

    Keller Williams Realty Atlanta Partners

    Bought with:

    Karel Holcombe, 367859

    Keller Williams Realty Community Partners

    Source: FMLS GA,MLS#: 7278410MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Rooms
    • Room types: Basement, Family Room, Kitchen
    Primary bedroom
    • Features: Master on Main, Roommate Floor Plan, Studio
    • Level: Master on Main, Roommate Floor Plan, Studio
    Bedroom
    • Features: Master on Main, Roommate Floor Plan, Studio
    Primary bathroom
    • Features: Tub/Shower Combo, Vaulted Ceiling(s)
    Dining room
    • Features: Separate Dining Room
    Kitchen
    • Features: Cabinets White, Pantry, Stone Counters, View to Family Room
    Heating
    • Central
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Dishwasher, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
    • Laundry: Common Area, Laundry Closet
    Features
    • High Ceilings 9 ft Lower, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, High Speed Internet, Tray Ceiling(s), Vaulted Ceiling(s)
    • Flooring: Hardwood
    • Windows: None
    • Basement: Daylight,Driveway Access,Finished,Full
    • Number of fireplaces: 1
    • Fireplace features: Family Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 0
    • Finished area above ground: 1,037
    • Finished area below ground: 374

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Covered, Drive Under Main Level, Driveway, Garage, Garage Door Opener, Garage Faces Side
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Front Porch
    • Exterior features: Private Yard, Storage, Boat Launch, Shared Dock
    • Pool features: None
    • Spa features: None
    • Fencing: None
    • Has view: Yes
    • View description: Trees/Woods, Other
    • Waterfront features: None
    • Body of water: Lanier
    Lot
    • Size: 10,454 Square Feet
    • Dimensions: 99x98x95x98
    • Features: Front Yard, Level
    Details
    • Additional structures: None
    • Parcel number: 221   459
    • Other equipment: None
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage,Traditional
    • Property subtype: Single Family Residence, Residential
    Materials
    • HardiPlank Type
    • Foundation: Concrete Perimeter
    • Roof: Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1995

    Utilities & green energy

    • Electric: None
    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Phone Available, Water Available
    Green energy
    • Energy efficient items: None
    • Energy generation: None

    Community & HOA

    Community
    • Features: Fishing, Lake, Other
    • Security: None
    • Subdivision: Shady Shores
    HOA
    • Has HOA: No
    Location
    • Region: Cumming

    Financial & listing details

    • Tax assessed value: $356,630
    • Annual tax amount: $2,276
    • Date on market: 9/20/2023
    • Cumulative days on market: 144 days
    • Electric utility on property: Yes
    • Road surface type: Gravel

    Price history

    DateEventPrice
    3/18/2024Sold$395,000-1.3%
    Source: FMLS GA #7278410 Report a problem
    2/12/2024Pending sale$400,000
    Source: GAMLS #10205180 Report a problem
    2/11/2024Price change$400,000-2.4%
    Source: GAMLS #10205180 Report a problem
    1/30/2024Price change$410,000-3.5%
    Source: GAMLS #10205180 Report a problem
    1/17/2024Price change$425,000-1.1%
    Source: GAMLS #10205180 Report a problem
    1/6/2024Price change$429,900-0.9%
    Source: GAMLS #10205180 Report a problem
    12/15/2023Price change$434,000-0.2%
    Source: GAMLS #10205180 Report a problem
    11/14/2023Price change$435,000-1.1%
    Source: GAMLS #10205180 Report a problem
    9/20/2023Listed for sale$439,900+167.8%
    Source: FMLS GA #7278410 Report a problem
    9/6/2023Listing removed--
    Source: Zillow Rentals Report a problem
    8/26/2023Listed for rent$2,400+45.5%
    Source: Zillow Rentals Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    8/9/2018Listing removed$1,650
    Source: Owner Report a problem
    7/8/2018Listed for rent$1,650
    Source: Owner Report a problem
    6/4/2018Listing removed$1,650
    Source: Owner Report a problem
    5/16/2018Listed for rent$1,650
    Source: Owner Report a problem
    6/27/2017Listing removed$1,650
    Source: Zillow Rental Network Report a problem
    6/8/2017Listed for rent$1,650+65.8%
    Source: Zillow Rental Network Report a problem
    6/5/2017Sold$164,250-2.8%
    Source: FMLS GA #5851819 Report a problem
    5/23/2017Pending sale$169,000
    Source: Coldwell Banker Residential Brokerage - 400 North/Lake Lanier #5851819 Report a problem
    5/19/2017Listed for sale$169,000+47.1%
    Source: COLDWELL BANKER RESIDENTIAL BROKERAGE #5851819 Report a problem
    1/30/2015Sold$114,900
    Source: FMLS GA #5383440 Report a problem
    1/27/2015Pending sale$114,900
    Source: CENTURY 21 Results Realty Services #7386177 Report a problem
    1/14/2015Listed for sale$114,900+148.2%
    Source: The Real Estate Book #7386177 Report a problem
    5/17/2013Listing removed$995
    Source: Excalibur Home Management LLC Report a problem
    5/16/2013Listed for rent$995
    Source: Excalibur Home Management LLC Report a problem
    1/18/1995Sold$46,300
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,498 +12.8%$142,652 +12.8%
    2024$3,101 +12.4%$126,456 +12.8%
    2023$2,759 +21.2%$112,092 +31.1%
    2022$2,276 +11%$85,532 +15.2%
    2021$2,051 +1.3%$74,276 +1.3%
    2020$2,024 +0.5%$73,296 +0.6%
    2019$2,014 +36.3%$72,836 +36.8%
    2017$1,478 +15.9%$53,256 +15.9%
    2016$1,276 $45,960 -9%
    2015$1,276 +28.6%$50,496 +34.7%
    2014$992 -0.2%$37,480
    2013$994 -1.2%$37,480 -1%
    2012$1,006 -7%$37,852 -6.8%
    2011$1,082 $40,624
    2010-- --
    2009-- $58,200
    2008-- $58,200 +0.8%
    2007-- $57,760
    2006$1,122 $57,760
    2005$1,122 $57,760
    2004$1,122 +16.7%$57,760
    2003$961 +4.6%--
    2002$918 +33.6%--
    2001$687 -6.3%--
    2000$733 --
    Find assessor info on the county website

    Neighborhood: Shady Shores

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Chattahoochee - Forsyth
    • Middle: Little Mill
    • High: Forsyth Central

    Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $382,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $382,400