Laura Jewett

Laura Jewett

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Closed

$304,900

($53,440 down)
VA

1108 7th Avenue NW, Rice, MN 56367

2
2
1,200 sqft
PITI Monthly
$1,311.37 /mo

Listing courtesy of: , Premier Real Estate Services

Assumed Rate

2.87%
7.15%

Principal & Interest

$1,161 /mo
$1,890 /mo

What's Special

SERENE
DINING
SPACIOUS
VAULTED CEILINGS
WALK-IN CLOSET
PATIO
SPRINKLER SYSTEM
NO HOA

This beautifully maintained patio home offers exceptional curb appeal and thoughtful details throughout. Inside, you'll find an inviting open floor plan with vaulted ceilings, large windows, and plenty of natural light. The kitchen features a center island, perfect for meal prep or casual dining, and opens to a spacious dining area ideal for entertaining. The primary suite includes a walk-in closet and a private bath, providing a serene retreat. The second bedroom is perfect for guests or even an office space. Additional conveniences include laundry located just off the garage, a large walk-in closet for extra storage and a full guest bath. The insulated 3-stall garage has a heated third stall, perfect for a workshop or hobby space. Outdoors, the backyard patio is perfect for grilling, complemented by an inground sprinkler system and a storage shed for your gardening or outdoor needs. This home combines comfort, practicality, and charm—perfect for easy living! And NO HOA FEES! Here's an opportunity to make this house your home. Schedule your showing today!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.87
Remaining Loan Term
26 years, 5 months
Monthly PITI
$1,311.37/mo
Estimated Loan Balance
$261,994
Cash to close
$53,440
Interest Paid
$27,689

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick/Stone, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
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
  • Brick/Stone, Vinyl Siding
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 2021
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Royal Pines 2
  • Features: No Stairs External, No Stairs Internal
HOA
  • Has HOA: No
Location
  • Region: Rice

Financial Details

  • Price per Sqft: $254.08
  • Tax Annual Amount: $10
  • On Market Date: 2024-09-14T00:00:00.000Z
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 $53,440 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $53,440!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$251,460
Your Cash$53,440
Total Purchase Price:$304,900

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$1,161/mo
Traditional @ 7.5%
$1,961/mo
You save $800/month ($9,605/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6602511

Listing From: northstar

Last updated: 2024-11-15T18:32:02.000Z

© , 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

2.87%
7.15%

Principal & Interest

$1,161 /mo
$1,890 /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 $53,440 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $53,440!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$251,460
Your Cash$53,440
Total Purchase Price:$304,900

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$1,161/mo
Traditional @ 7.5%
$1,961/mo
You save $800/month ($9,605/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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