Laura Jewett

Laura Jewett

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$229,000

($167,717 down)
FHA

101 W 5th Street, Cyrus, MN 56323

5
3
2,456 sqft
PITI Monthly
$712.37 /mo

Listing courtesy of: , Edina Realty, Inc.

Assumed Rate

3.5%
7.15%

Principal & Interest

$388 /mo
$584 /mo

What's Special

SPACIOUS
MODERN

Stunning 5-Bedroom, 3-Bathroom Bungalow with Character and Charm! Welcome to this meticulously maintained 1.5-story bungalow, offering an abundance of space and timeless beauty. Featuring 5 spacious bedrooms and 3 bathrooms, this home is perfect for families or anyone seeking ample living space. The home boasts exquisite woodwork throughout, including stunning French doors, that add a touch of elegance. The main level has been thoughtfully updated with new windows, flooding the space with natural light and providing a fresh, modern feel. With a newer roof, you can enjoy peace of mind knowing the home is built to last for years to come. Located on a desirable corner lot, this property offers privacy, curb appeal, and convenience. The expansive 3-car garage is perfect for both storage and parking, while the paved alley provides easy access and additional parking options. Whether you're hosting gatherings in the spacious living areas, enjoying the beautiful outdoor surroundings, or relaxing in one of the comfortable bedrooms, this home offers a perfect blend of charm, functionality, and comfort. Don’t miss the opportunity to make this exceptional property your forever home!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.5
Remaining Loan Term
17 years, 7 months
Monthly PITI
$712.37/mo
Estimated Loan Balance
$62,114
Cash to close
$167,717
Interest Paid
$32,480

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • 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: None
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: 1918
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Cyrus City
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Cyrus

Financial Details

  • Price per Sqft: $93.24
  • Tax Annual Amount: $1358
  • On Market Date: 2025-03-12T00:00:00.000Z
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 $167,717 (73%)
You can enter any amount below - secondary financing will cover the difference if needed.
73%
$

You cover the entire equity of $167,717!

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

Loan Breakdown

Assumed Mortgage3.5% Sellers Rate
$61,283
Your Cash:$167,717
Total Purchase Price:$229,000

Assumed vs Traditional Mortgage

Assumed @ 3.5%
$388/mo
Traditional @ 7.5%
$605/mo
You save $217/month ($2,608/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6684023

Listing From: northstar

Last updated: 2025-03-29T20:40:03.000Z

© , 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

3.5%
7.15%

Principal & Interest

$388 /mo
$584 /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 $167,717 (73%)
You can enter any amount below - secondary financing will cover the difference if needed.
73%
$

You cover the entire equity of $167,717!

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

Loan Breakdown

Assumed Mortgage3.5% Sellers Rate
$61,283
Your Cash:$167,717
Total Purchase Price:$229,000

Assumed vs Traditional Mortgage

Assumed @ 3.5%
$388/mo
Traditional @ 7.5%
$605/mo
You save $217/month ($2,608/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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