Laura Jewett

Laura Jewett

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Closed

$489,900

($40,584 down)
FHA

1122 W Stout Street, Rice Lake, WI 54868

4
3
3,931 sqft
PITI Monthly
$4,081.95 /mo

Listing courtesy of: , Jenkins Realty, Inc.

Assumed Rate

7.06%
7.15%

Principal & Interest

$3,012 /mo
$3,040 /mo

What's Special

REMODELED
SPACIOUS
LUXURY
MATURE TREES

Nestled at the end of Stout St, this beautiful home has privacy & serenity on a spacious 1.5-acre 2 lots within city limits w/ mature trees, & a fenced backyard perfect for outdoor enjoyment. With 4 bed & 2 1/2 baths, this home is ideal for those seeking space & comfort in a peaceful neighborhood. Remodeled in 2006, the home features Marvin windows, flooding the interior with natural light & offering picturesque views of the lush surroundings. The recent updates are extensive, incl seamless steel siding, new roof, gutters, & soffits in 2024, along with skylights in 2023. The concrete driveway, in 2019, provides ample space for parking. This home offers a warm & inviting atmosphere with solid wood, tile, & luxury vinyl plank flooring throughout—no carpet. 9 foot ceilings enhance the sense of space, giving each room an open & airy feel. Additional features like in-floor heating in the basement bath, exercise room, provide extra comfort, making it not only beautiful but highly functional.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.06
Remaining Loan Term
29 years, 3 months
Monthly PITI
$4,081.95/mo
Estimated Loan Balance
$224,842
Cash to close
$40,584
Interest Paid
$23,752

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Steel Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
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
  • Steel Siding
  • Roof: Unknown
Condition
  • Year Built: 1978
Details
  • Builder:

Community & HOA

Community
  • Subdivision: City/Rice Lake
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Rice Lake

Financial Details

  • Price per Sqft: $124.62
  • Tax Annual Amount: $7672
  • On Market Date: 2024-09-11T00:00:00.000Z
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 $40,584 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $40,584!

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

Loan Breakdown

Assumed Mortgage7.06% Sellers Rate
$449,316
Your Cash$40,584
Total Purchase Price:$489,900

Assumed vs Traditional Mortgage

Assumed @ 7.06%
$3,012/mo
Traditional @ 7.5%
$3,040/mo
You save $28/month ($337/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6602428

Listing From: northstar

Last updated: 2024-12-12T16:48:02.000Z

© , 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

7.06%
7.15%

Principal & Interest

$3,012 /mo
$3,040 /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 $40,584 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $40,584!

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

Loan Breakdown

Assumed Mortgage7.06% Sellers Rate
$449,316
Your Cash$40,584
Total Purchase Price:$489,900

Assumed vs Traditional Mortgage

Assumed @ 7.06%
$3,012/mo
Traditional @ 7.5%
$3,040/mo
You save $28/month ($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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