Laura Jewett

Laura Jewett

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Closed

$274,900

($23,425 down)
FHA

1022 Princeton Avenue, Shakopee, MN 55379

2
2
1,438 sqft
PITI Monthly
$1,714.48 /mo

Listing courtesy of: , RE/MAX Advantage Plus

Assumed Rate

3.45%
7.15%

Principal & Interest

$1,181 /mo
$1,787 /mo

What's Special

STAINLESS STEEL APPLIANCES

Welcome home! This light-and-bright, 2 bed plus loft townhouse features updated stainless steel appliances, new light fixtures, fans, and window treatments, smart thermostat, doorbell, front door lock, and garage door for added ease while away from home, laundry upstairs for convenience, and a new roof. Enjoy a cup of coffee and nature views with no neighbors right across from you, as well as ample street parking out front for guests. The association fee includes some “extras”, such as garbage and sewer/water. Move right in and enjoy this fabulous townhome!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.45
Remaining Loan Term
26 years, 11 months
Monthly PITI
$1,714.48/mo
Estimated Loan Balance
$253,294
Cash to close
$23,425
Interest Paid
$27,317

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • 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: Age 8 Years or Less, 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: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Townhouse Side x Side
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 2003
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Cic 1098 Providence Pointe
  • Features: None
HOA
  • Has HOA: Yes
  • HOA Name: Providence Pointe
  • HOA Amenities: Unknown
  • HOA Fee: $340
  • HOA Frequency: $Monthly
Location
  • Region: Shakopee

Financial Details

  • Price per Sqft: $191.17
  • Tax Annual Amount: $2354
  • On Market Date: 2024-08-28T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $23,425 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $23,425!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$251,475
Your Cash$23,425
Total Purchase Price:$274,900

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$1,181/mo
Traditional @ 7.5%
$1,854/mo
You save $673/month ($8,076/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6593144

Listing From: northstar

Last updated: 2024-10-25T20:41:02.000Z

© , 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

3.45%
7.15%

Principal & Interest

$1,181 /mo
$1,787 /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 $23,425 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $23,425!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$251,475
Your Cash$23,425
Total Purchase Price:$274,900

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$1,181/mo
Traditional @ 7.5%
$1,854/mo
You save $673/month ($8,076/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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