Laura Jewett

Laura Jewett

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Closed

$375,000

($99,610 down)
VA

1009 Walnut Street, Farmington, MN 55024

3
2
1,628 sqft
PITI Monthly
$2,055.96 /mo

Listing courtesy of: , Edina Realty, Inc.

Assumed Rate

5.52%
7.15%

Principal & Interest

$1,616 /mo
$1,918 /mo

What's Special

SPACIOUS
PATIO
CHARMING
COZY

Welcome to your new home! This charming 3-bedroom, 2-bath split-level offers the perfect blend of comfort and style. Start by enjoying the spacious front porch, a great spot for morning coffee or evening relaxation. As you step inside, you'll be greeted by natural light flooding the kitchen, with a patio door that opens to a private, fenced backyard. The upper level features two bedrooms, a full bath, and a cozy living room perfect for gathering. Downstairs, you'll find an additional bedroom, a 3/4 bath, a generously sized living room, and a convenient laundry room. The backyard is ready for outdoor fun on the beautiful paver patio—perfect for dinners, entertaining, or unwinding by the firepit. This home offers endless possibilities for enjoyment, inside and out!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
5.52
Remaining Loan Term
27 years, 4 months
Monthly PITI
$2,055.96/mo
Estimated Loan Balance
$276,427
Cash to close
$99,610
Interest Paid
$41,053

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Asphalt
Condition
  • Year Built: 1997
Details
  • Builder:

Community & HOA

Community
  • Subdivision: East Farmington 1st Add
  • Features: None
HOA
  • Has HOA: Yes
  • HOA Name: First Residential
  • HOA Amenities: Unknown
  • HOA Fee: $500
  • HOA Frequency: $Annually
Location
  • Region: Farmington

Financial Details

  • Price per Sqft: $230.34
  • Tax Annual Amount: $3484
  • On Market Date: 2024-10-14T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $99,610 (27%)
You can enter any amount below - secondary financing will cover the difference if needed.
27%
$

You cover the entire equity of $99,610!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$275,390
Your Cash$99,610
Total Purchase Price:$375,000

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$1,616/mo
Traditional @ 7.5%
$1,989/mo
You save $373/month ($4,482/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6618213

Listing From: northstar

Last updated: 2024-11-27T22:24:02.000Z

© , northstar. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

5.52%
7.15%

Principal & Interest

$1,616 /mo
$1,918 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $99,610 (27%)
You can enter any amount below - secondary financing will cover the difference if needed.
27%
$

You cover the entire equity of $99,610!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$275,390
Your Cash$99,610
Total Purchase Price:$375,000

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$1,616/mo
Traditional @ 7.5%
$1,989/mo
You save $373/month ($4,482/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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