Laura Jewett

Laura Jewett

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Closed

$249,900

($124,619 down)
FHA

1024 9th Avenue NW, Rochester, MN 55901

3
1
1,728 sqft
PITI Monthly
$1,064.7 /mo

Listing courtesy of: , Real Broker, LLC.

Assumed Rate

2.9%
7.15%

Principal & Interest

$557 /mo
$904 /mo

What's Special

SHOPPING
SPACIOUS
HARDWOOD FLOORS
FENCED YARD
CHARMING

New roof to be installed before end of the year! Charming 3-bedroom, 1-bath home featuring beautiful hardwood floors on both the 1st and 2nd levels. Large bedrooms on the 2nd story! A fully-fenced yard is great for the doggos! The basement is roughed-in for an extra 3/4 bath, fourth bedroom and a family room. You'll love the spacious 1-car detached garage provides extra storage and convenience. Close to schools, parks, trails and shopping - this one is a great value in a great price point. Schedule your showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.9
Remaining Loan Term
26 years, 8 months
Monthly PITI
$1,064.7/mo
Estimated Loan Balance
$135,123
Cash to close
$124,619
Interest Paid
$12,480

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Metal Siding, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • 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
  • Metal Siding, Wood Siding
  • Roof: Asphalt
Condition
  • Year Built: 1952
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Manleys Sub
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Rochester

Financial Details

  • Price per Sqft: $144.62
  • Tax Annual Amount: $3156
  • On Market Date: 2024-10-08T00:00:00.000Z
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 $124,619 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$

You cover the entire equity of $124,619!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$125,281
Your Cash$124,619
Total Purchase Price:$249,900

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$557/mo
Traditional @ 7.5%
$937/mo
You save $380/month ($4,566/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6614873

Listing From: northstar

Last updated: 2024-11-25T18:47:02.000Z

© , 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

2.9%
7.15%

Principal & Interest

$557 /mo
$904 /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 $124,619 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$

You cover the entire equity of $124,619!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$125,281
Your Cash$124,619
Total Purchase Price:$249,900

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$557/mo
Traditional @ 7.5%
$937/mo
You save $380/month ($4,566/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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