Laura Jewett

Laura Jewett

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Closed

$215,000

($45,888 down)
FHA

1027 26th Avenue SE, Minneapolis, MN 55414

3
1
720 sqft
PITI Monthly
$1,352.57 /mo

Listing courtesy of: , Anderson Realty

Assumed Rate

3.72%
7.15%

Principal & Interest

$858 /mo
$1,256 /mo

What's Special

LOCATION
DINING
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
QUIET NEIGHBORHOOD
COZY
AFFORDABLE

Welcome to this cozy, single-story home nestled in a quiet neighborhood, just a short distance to the U of M and bustling campus life. This 3-bedroom home has a classic charm with its traditional open living room and dining room, perfect for relaxing or entertaining. The kitchen is bright and cheerful and features stainless steel appliances and granite countertops. The main floor bedrooms receive lots of natural light and provide space for studying and sleeping. The 3rd bedroom in the basement has a new egress window and generous closet and work space. The layout is conducive to different living arrangements, offering a sense of privacy while fostering a communal atmosphere. The fenced backyard offers a peaceful outdoor space for grilling, gardening, and gathering. With its prime location and comfortable amenities, this bungalow is an ideal choice for anyone seeking a cute, convenient, and affordable home.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.72
Remaining Loan Term
24 years, 11 months
Monthly PITI
$1,352.57/mo
Estimated Loan Balance
$169,776
Cash to close
$45,888
Interest Paid
$33,467

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Gravity
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Age Over 8 Years
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: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Age Over 8 Years
Condition
  • Year Built: 1931
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Clows Rgt Blk 11 Glencar
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Minneapolis

Financial Details

  • Price per Sqft: $298.61
  • Tax Annual Amount: $2553
  • On Market Date: 2024-09-06T00:00:00.000Z
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 $45,888 (21%)
You can enter any amount below - secondary financing will cover the difference if needed.
21%
$

You cover the entire equity of $45,888!

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

Loan Breakdown

Assumed Mortgage3.72% Sellers Rate
$169,112
Your Cash$45,888
Total Purchase Price:$215,000

Assumed vs Traditional Mortgage

Assumed @ 3.72%
$858/mo
Traditional @ 7.5%
$1,303/mo
You save $445/month ($5,337/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6596880

Listing From: northstar

Last updated: 2024-10-16T20:29:02.000Z

© , 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

3.72%
7.15%

Principal & Interest

$858 /mo
$1,256 /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 $45,888 (21%)
You can enter any amount below - secondary financing will cover the difference if needed.
21%
$

You cover the entire equity of $45,888!

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

Loan Breakdown

Assumed Mortgage3.72% Sellers Rate
$169,112
Your Cash$45,888
Total Purchase Price:$215,000

Assumed vs Traditional Mortgage

Assumed @ 3.72%
$858/mo
Traditional @ 7.5%
$1,303/mo
You save $445/month ($5,337/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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