Features & Amenities

Interior

  • Other Interior Features

    Eat-in Kitchen, Pantry, Entrance Foyer

  • Total Bedrooms

    3

  • Bathrooms

    2

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Central Air

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Forced Air, Natural Gas

Exterior

  • Garage

    Yes

  • Garage spaces

    1

  • Construction Materials

    Vinyl Siding

  • Other Exterior Features

    None

  • Parking

    Carport, Garage

  • Patio and Porch Features

    Front Porch, Patio

  • Pool

    Yes

  • Pool Features

    None

  • View

    Other

Area & Lot

  • Lot Features

    Corner Lot, Level, Wooded

  • Lot Size(acres)

    0.5496

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Traditional

Price

  • Sales Price

    $249,900

  • Tax Amount

    2374.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    NO

School District

  • Elementary School

    Bright Star

  • Middle School

    Mason Creek

  • High School

    Alexander

Property Features

  • Foundation Details

    Combination

  • Sewer

    Septic Tank

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Location

County

Douglas

Elementary School

Bright Star

Middle School

Mason Creek

High School

Alexander

Listing Courtesy of Cambre Mabry , Keller WIlliams Atlanta Classic

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Investor Special or Buyer looking for an affordable, large home over 2,000 finished square feet under $250K to put some sweat equity in!! This home features 3 bedrooms, 2 full bathrooms, 1 half bathroom, an updated kitchen, living area, flex space, and finished 2 room basement on an almost 1 acre lot. This home literally has all the space you need to fix and flip or live and upgrade at a steal of a deal at $250K!! Owner considering all offers $250K OBO!!

6508 Paul Way

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Here's the Proposed Owner Financing Deal:
We've structured this deal to be transparent and beneficial, helping you achieve your homeownership goals.
Here's the Proposed Owner Financing Deal:
We've structured this deal to be transparent and beneficial, helping you achieve your homeownership goals.
Total Purchase Price: $205,000
This is the total agreed-upon value of the home.
Your Down Payment: $45,000
This upfront payment demonstrates your commitment and reduces the amount you need to finance.
Amount to be Financed (Seller Carryback): $160,000
This is the portion of the purchase price the sellers will be financing for you ($205,000 - $45,000).
Interest Rate: 5.5% (Fixed)
This attractive, fixed rate provides predictable monthly payments.
Monthly Payment (Principal & Interest): $1,304.57
Your consistent monthly payment directly to the sellers. This payment is calculated based on a 15-year (180-month) amortization schedule, meaning your payments are designed to fully pay off the loan over this period.
Loan Term: 15 Years
You will make monthly payments for 15 years.
Balloon Payment Due: At the end of the 15-year term
With this financing structure, the loan is fully amortized over 15 years. This means that if all 180 scheduled monthly payments of $1,304.57 are made as planned, the outstanding balance at the end of the 15-year term will be $0.00. The "balloon payment" in this context refers to the final payment which completes the full repayment of the loan.
How This Deal Benefits You (The Buyer):
Clear Path to Ownership: With payments calculated over 15 years, you have a direct path to owning the home free and clear within that timeframe.
Attractive Interest Rate: At 5.5%, this rate is competitive and helps keep your housing costs manageable compared to higher rates often found in alternative financing.
Easier Qualification: Owner financing often has less stringent credit requirements than traditional banks.
Faster Closing: The closing process can be significantly quicker as there are no lengthy bank approvals.
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 - property

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