1 of 1

Want to see similar homes for sale?

5540 Mercedes Drive

Cumming, GA 30041

4 beds
2 baths
– sqft
14,375 sqft lot
1970 build
– on site

More homes

New Year, new price! 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. If you're an investor - lender will fund the rehab. PLEASE Look at ALL the Pictures!

Listing courtesy of GAMLS / Lorraine Beato / eXp Realty

Last checked: Checking… • Last updated Jan 22, 2025 •

MLS# 10417005 —

The Building

Year Built:

1970
Construction Materials:

Other
Architectural Style:

Traditional
Structure Type:

House
Roof:

Composition
Foundation Details:

Slab
Levels:

Two
Basement:

None
Living Area Source:

Public Records
Common Walls:

No Common Walls
Patio And Porch Features:

Deck, Patio

Interior

Interior Features:

Other, Split Bedroom Plan
Flooring:

Tile
Rooms:

Laundry, Other

Financial & Terms

Home Warranty:

No
Possession:

Close Of Escrow

Location

Latitude:

34.218048
Longitude:

-84.094467

The Property

Property Type:

Residential
Property Subtype:

Single Family Residence
Property Condition:

Resale
Exterior Features:

Garden, Other
Lot Features:

Corner Lot, Level
Lot Size Acres:

0.33
Lot Size Source:

Public Records
Parcel Number:

221 313
Leased Land:

No
Vegetation:

Grassed
Fencing:

Chain Link, Front Yard
Waterfront Footage:

No
Waterfront Features:

No Dock Or Boathouse

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

$109

Beds

Bedrooms:

4
Bed Main:

2
Bed Upper Level:

2

Baths

Full Baths:

2
Main Level Full Baths:

1
Upper Level Full Baths:

1

The Listing

Financing Type:

Cash

Heating & Cooling

Heating:

Heat Pump
Cooling:

Ceiling Fan(s)

Utilities

Utilities:

Cable Available, Electricity Available, Phone Available, Water Available
Sewer:

Septic Tank
Water Source:

Public

Appliances

Appliances:

Electric Water Heater
Laundry Features:

Other

Schools

Elementary School:

Chattahoochee
Elementary Bus:

Yes
Middle School:

Little Mill
Middle School Bus:

Yes
High School:

East Forsyth
High School Bus:

Yes

The Community

Subdivision:

Shady Shores
Community Features:

Lake
Association:

No
Association Fee Includes:

None

Parking

Parking Features:

Carport, Parking Pad, RV/Boat Parking
Parking Total:

10

Extra Units

Other Structures:

Other, Shed(s)

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Xfinity

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
1/21/25 Jan 21, 2025	Sold	GAMLS	$265,000	-3.6%
1/6/25 Jan 6, 2025	Pending	GAMLS	$275,000
1/2/25 Jan 2, 2025	Price Changed	GAMLS	$275,000	-5.2%

House Sold on 1/21/2025

– Foreclosure

$265,000

Listing provided by broker:

Lorraine Beato

eXp Realty

Newest listings in 30041

Similar sold homes

Listing Courtesy of: GAMLS and eXp Realty.

© 2025 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. GAMLS, Estately 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 Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

5540 Mercedes Drive

Cumming, GA 30041