5540 Mercedes Drive

Cumming, GA 30041

$325,000
Price
4
Beds
2
Baths
1,840 Sq. Ft.
$177 / Sq. Ft.
1,840
Sq. Ft.
$177
per Sq. Ft.

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...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.
  1. Listed by Lorraine Beato • EXP Realty, LLC.

Property Details for 5540 Mercedes Drive

Subdivision Complex
Shady Shores
Architectural Style
Traditional
Exterior
Garden, Storage, Other
Num Of Parking Spaces
5
Parking Features
Carport, Driveway, Level Driveway, Parking Pad, RV Access/Parking
Property Attached
No
Waterfront Features
None
LISTING UPDATED: 11/22/2024 10:52 AM

Property Details for 5540 Mercedes Drive

StatusActive
MLS #7488804
Days on Market1
Taxes$109 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1970
Lot Size0.33 AC / 14,374 SF
CountyForsyth County

Building Information for 5540 Mercedes Drive

Stories2Year Built1970Building Size-Lot Size0.33 AC / 14,374 SF

Property Information for 5540 Mercedes Drive

Summary
Location and General Information
  • Community Features: Lake
  • Directions: 400 to Exit 16 Pilgrim Mill Rd, Right onto Pilgrim Point Rd, Right onto Mercedes Dr, home on the corner on right. Probably easiest to park around the corner in the second driveway.
  • Lake Name: None
  • View: Other
  • Coordinates: -84.094628, 34.218042
Taxes and HOA Information
  • Parcel Number: 221 313
  • Tax Year: 2023
  • Master Association Fee: $.00
  • HOA Rent Restrictions: No
  • Association: No
  • Tax Legal Description: 14-1 87 LOT 82-84 HT SS COMB 221-314----1993 036E4T084
School Information
  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Chattahoochee - Forsyth
  • High School: East Forsyth
  • Middle School: Little Mill
Parking
  • # of Carport Spaces: 5
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Heating: Heat Pump
  • Appliances: Electric Range, Electric Water Heater
  • Basement: Other
  • Fireplace Features: None
  • # of Fireplaces: 0
  • Flooring: Ceramic Tile, Luxury Vinyl, Wood
  • Interior Features: Recessed Lighting, Other
  • Levels/Stories: Two
  • Other Equipment: None
  • Window Features: Aluminum Frames
  • Bedroom Features: Split Bedroom Plan
  • Diningroom Features: Open Concept, Other
  • Kitchen Features: Other
  • Master Bathroom Features: None
  • Foundation: Slab
  • Main Bedrooms: 2
  • Total Half Baths: 0
  • Bathrooms Total Interger: 2
  • Main Full Baths: 1
  • Additional Rooms: Kitchen, Laundry, Master Bedroom, Other
  • Bathrooms Total Decimal: 2.00
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Other
  • Dock: None
  • Fencing: Chain Link, Front Yard
  • Horse Amenities: None
  • Patio And Porch Features: Covered, Deck, Patio
  • Pool Features: None
  • Road Surface Type: Paved
  • Roof Type: Composition, Shingle
  • Security Features: None
  • Spa Features: None
  • Laundry Features: Laundry Room, Other
  • Pool Private: No
  • Road Frontage Type: None
  • Other Structures: Shed(s), Other
Property
Utilities
  • Sewer: Septic Tank
  • Utilities: Cable Available,Electricity Available,Phone Available,Water Available
  • Water Source: Public
  • Electric: 110 Volts, 220 Volts in Laundry
Property and Assessments
  • Home Warranty: No
  • Property Condition: Resale
  • Possession: Close Of Escrow
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • SqFt Source: Public Records
  • Square Footage: 1840.0
  • Common Walls: No Common Walls
  • Lot Features: Cleared, Corner Lot, Front Yard, Level
  • Acreage Source: Public Records
  • Lot Size Dimensions: 105 x 170
  • Waterfront Footage: 0.0
Multi Family
Income & Expenses Information
  • Swim/Tennis Fee: $0
  • Swim/Tennis Fee Due: None
Rental
Rent Information
  • Land Lease: No
  • Occupant Types: Vacant

Property History for 5540 Mercedes Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5540 Mercedes Drive

Taxable ValueLand$21,000Additions$85,564Total$106,564
Tax Record2024$220 ($18 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,840 SqFtAbove Grade Finished SqFt1,840 SqFtStories2Lot Size14,375 SqFtStyleSingle Family ResidenceYear Built1970ZoningR2RCountyFORSYTHAPN221 313Fireplace TypeHas Fireplace

Schools near 5540 Mercedes Drive

This home is within Forsyth County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Chattahoochee Elementary School
PublicPK to 5

Little Mill Middle School
Public6 to 8

East Forsyth High School
Public9 to 12

Alliance Academy for Innovation
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5540 Mercedes Drive is a single family home for sale in Cumming, GA 30041. This property was listed for sale on November 20, 2024 by EXP Realty, LLC., it's currently listed at $325,000. It has been on the market for a total of 1 days and was last sold on April 24, 2024. This listing's school district is Forsyth County School District. Nearby schools include Chattahoochee Elementary School, Little Mill Middle School and East Forsyth High School. 5540 Mercedes Drive is a 4-bed, 2-bath, 1,840 sqft single family home built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty, LLC., Lorraine Beato

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.