Laura Jewett

Laura Jewett

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Closed

$309,850

($154,683 down)
FHA

104 1st Avenue NE, Dodge Center, MN 55927

6
2
2,376 sqft
PITI Monthly
$1,369.3 /mo

Listing courtesy of: , Amy'sFire Realty, LLC.

Assumed Rate

4.37%
7.15%

Principal & Interest

$857 /mo
$1,161 /mo

What's Special

INVESTORS
REMODELED
DINING
DECK
EFFICIENT

Attention Owner Occupant or Investors, NOW IS YOUR CHANCE to Live VERY Affordably & Increase your Wealth in this Great remodeled ranch duplex. Both units have 3 Good-Sized bedrooms, 1 full bath, full beautiful kitchen, laundry room, living room, dining room & a 1 car attached/heated/super insulated garage(there is one overhead door with opener in front & one in back), along with separate entrances. The main floor unit has a New large cement driveway with heavy duty 5" concrete & a deck off of the kitchen. You'll love the open kitchen/dining/living room floor plan concept on each level.The main floor boasts a light & bright New kitchen with stainless steel energy efficient appliances, a large farm sink, big windows, new white cabinets centered around a huge middle island with granite look counter tops with brushed nickel accents & pendulum lights. Lower unit has all tile flooring & hickory kitchen cabinets! Many new improvements include; shingles, some new windows, flooring & paint. The current owner was an owner occupant with her family living in the main floor unit & her grandparents in the lower level. The rents here are based on average rents for the town. This home is all set up to be a cash flowing duplex for any kind of investor or owner occupant that wants to live for almost free! Let the renter make your mortgage payments! It could also be a Super Air Bnb? Or a LARGE 6 Bedroom Home for 1 family. There are so many options here!! Home has been pre-inspected. Located Only Less than 20 minutes to Rochester & the Mayo Clinic, connected by a 4 lane highway.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.37
Remaining Loan Term
24 years, 1 months
Monthly PITI
$1,369.3/mo
Estimated Loan Balance
$273,562
Cash to close
$154,683
Interest Paid
$42,145

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 6
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Radiant Floor
Features
  • Materials: Metal Siding, Vinyl Siding, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room, Gas
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Age 8 Years or Less, Architectural Shingle, Asphalt, Pitched
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: Duplex Up and Down
  • Architectural Style: Unknown
Materials
  • Metal Siding, Vinyl Siding, Wood Siding
  • Roof: Age 8 Years or Less, Architectural Shingle, Asphalt, Pitched
Condition
  • Year Built: 1965
Details
  • Builder:

Community & HOA

Community
  • Subdivision: City/Dodge Center
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Dodge Center

Financial Details

  • Price per Sqft: $130.41
  • Tax Annual Amount: $2882
  • On Market Date: 2024-09-15T00:00:00.000Z
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 $154,683 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$

You cover the entire equity of $154,683!

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

Loan Breakdown

Assumed Mortgage4.37% Sellers Rate
$155,167
Your Cash$154,683
Total Purchase Price:$309,850

Assumed vs Traditional Mortgage

Assumed @ 4.37%
$857/mo
Traditional @ 7.5%
$1,204/mo
You save $346/month ($4,157/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6602826

Listing From: northstar

Last updated: 2024-11-23T01:49:02.000Z

© , 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

4.37%
7.15%

Principal & Interest

$857 /mo
$1,161 /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 $154,683 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$

You cover the entire equity of $154,683!

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

Loan Breakdown

Assumed Mortgage4.37% Sellers Rate
$155,167
Your Cash$154,683
Total Purchase Price:$309,850

Assumed vs Traditional Mortgage

Assumed @ 4.37%
$857/mo
Traditional @ 7.5%
$1,204/mo
You save $346/month ($4,157/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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