Laura Jewett

Laura Jewett

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$440,000

($153,519 down)
FHA

10120 189th Avenue NW, Elk River, MN 55330

4
3
1,988 sqft
PITI Monthly
$2,089.24 /mo

Listing courtesy of: , RE/MAX Results

Assumed Rate

2.83%
7.15%

Principal & Interest

$1,310 /mo
$2,144 /mo

What's Special

LOCATION
DINING
SPACIOUS
RENOVATED
DECK
PATIO
PRIVATE BACKYARD
SOLAR PANELS

A place for your toys! A 50x12 driveway was just added in 2025 giving you space for storage! Go Solar! $23,000 upgrade Solar Panels installed in 2022 and keeps the electric pricing down. The seller saved $102 in electricity last month alone. And that is just the outside! Welcome home to this better than new home packed with updates done since moving in. Bright and open floor plan with the Kitchen, Eating Area and Living Room in one level. New Backsplash. Tons of windows and recessed lighting make this home so bright. Walk out to a spacious deck with an awning included. Three bedrooms up including the Owners Suite with a huge walk in closet and bath that was just updated in 2024. Another full bathroom is in this level that was just renovated in 2025! LVP flooring through entire living areas plus the Owners Suite. Spacious lover level walks out to paver patio, fire pit and large private backyard. Need more storage? Full crawl space storage area under the kitchen, dining room and living room! Relax on your quaint front porch. All of this in a great location close to everything.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.83
Remaining Loan Term
25 years, 8 months
Monthly PITI
$2,089.24/mo
Estimated Loan Balance
$288,374
Cash to close
$153,519
Interest Paid
$37,108

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
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: Unknown
Roof
  • Roof: Age 8 Years or Less, Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 2019
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Miske Meadows Fifth Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Elk River

Financial Details

  • Price per Sqft: $221.33
  • Tax Annual Amount: $4858
  • On Market Date: 2025-04-01T00:00:00.000Z
Inquire about this property

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Apply to Assume

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

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Savings Calculator

Current cash to close is $153,519 (35%)
You can enter any amount below - secondary financing will cover the difference if needed.
35%
$

You cover the entire equity of $153,519!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$286,481
Your Cash$153,519
Total Purchase Price:$440,000

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$1,310/mo
Traditional @ 7.5%
$2,224/mo
You save $915/month ($10,975/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6694228

Listing From: northstar

Last updated: 2025-04-03T10:05:04.000Z

© , 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

2.83%
7.15%

Principal & Interest

$1,310 /mo
$2,144 /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 $153,519 (35%)
You can enter any amount below - secondary financing will cover the difference if needed.
35%
$

You cover the entire equity of $153,519!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$286,481
Your Cash$153,519
Total Purchase Price:$440,000

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$1,310/mo
Traditional @ 7.5%
$2,224/mo
You save $915/month ($10,975/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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