265 Federal St, Athens, GA 30607
4 beds · 3 baths · 2,659 sqft
Welcome to 265 Federal Street, an exquisite two-year-old home in Athens, GA, where modern luxury meets timeless design! Step onto an expansive wrap-around front porch and enter through a gorgeous front door into a residence filled with upscale features and thoughtful touches. This spacious 4-bedroom, 3.5-bath home is designed to impress. The main level boasts an owner's suite with a luxurious soaking tub, a large walk-in closet, and a spa-like ambiance-your personal retreat. The heart of the home is an open-concept kitchen with a large island, gas range, pot filler, and a convenient butler's pantry, making it a true chef's haven. Flowing seamlessly into a welcoming dining area and living room, this space is anchored by a double-sided fireplace that brings warmth to both rooms. Architectural features like coffered ceilings and board-and-batten accents add a touch of classic elegance throughout. The main level also includes a spacious laundry room for ultimate convenience. Off the kitchen, a screened outdoor sitting area with a cozy gas fireplace and TV creates the perfect spot to watch the DAWGS clinch another championship this year! For peace of mind, this home is wired with a high-tech REOLINK 12MP Security Commercial Camera System. With nine 12MP PoE wired security cameras offering person, vehicle, and pet detection along with spotlight color night vision, every detail is securely captured on the 16-channel NVR with 4TB HDD storage. Upstairs, discover an expansive second master suite, offering additional privacy and comfort for guests or family, along with two more generously sized bedrooms connected by a Jack and Jill bathroom. Outside you find yourself in an true entertainer's paradise with a brand-new luxury pool and waterfall spa, surrounded by beautiful travertine tile and specialty CoolDeck concrete that stays cool underfoot even on the hottest days. The covered outdoor pavilion rounds out this space and makes it perfect for year-round gatherings, seamlessly blending indoor and outdoor living. Plus, this home includes an unfinished walk-out basement with bathroom plumbing already installed, ready and waiting for its new owner's vision-whether it's a home theater, gym, or guest suite. Just steps away from the brand-new Oak Grove Shopping Center, complete with Publix, restaurants, and shops, this home offers every modern convenience right at your doorstep. 265 Federal Street is a rare opportunity, combining luxury, comfort, high-end security, and prime location in Athens. Don't miss the chance to make this exceptional lifestyle yours!
Source: GAMLS #10410520
All values shown are estimated costs / mo.
Source: Public records
Source: GAMLS #10410520
To qualify, you must meet the current FHA or VA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50%. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 620, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.