Laura Jewett

Laura Jewett

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$290,000

($103,142 down)
FHA

1216 24TH Avenue S, Moorhead, MN 56560

5
2
2,603 sqft
PITI Monthly
$1,414.57 /mo

Listing courtesy of: , Oxford Realty (FM)

Assumed Rate

2.68%
7.15%

Principal & Interest

$825 /mo
$1,377 /mo

What's Special

FRESH PAINT
SPACIOUS
MODERN
FIREPLACE
COZY

Nestled on a desirable corner lot, this home offers plenty of space and charm. Relax on warm summer evenings in the 3-season screened porch or gather around the backyard firepit. The upper level feels bright and airy with vaulted beamed ceilings and large windows, creating an inviting open space. The spacious kitchen is complete with new stainless-steel appliances and ample storage space. On winter nights, cozy up by the wood-burning brick fireplace in the spacious lower-level family room. Enjoy year-round comfort with the new mini-split AC system (2022) and appreciate the fresh paint throughout that gives the home a modern, updated feel. Other recent updates include a new water heater/boiler (2023) and a beautifully tiled shower (2022). Fully fenced backyard and attached 2 1/2 stall garage.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.68
Remaining Loan Term
25 years, 11 months
Monthly PITI
$1,414.57/mo
Estimated Loan Balance
$229,686
Cash to close
$103,142
Interest Paid
$21,311

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Wall Unit(s)
  • Heating: Hot Water
Features
  • Materials: Metal Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Wood Burning
  • Flooring: Hardwood, Laminate, Tile

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Asphalt
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
  • Metal Siding
  • Roof: Asphalt
Condition
  • Year Built: 1962
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Comstock
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Moorhead

Financial Details

  • Price per Sqft: $111.41
  • Tax Annual Amount: $3542
  • On Market Date: 2024-11-14T00:00:00.000Z
Inquire about this property

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Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $103,142 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $103,142!

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

Loan Breakdown

Assumed Mortgage2.68% Sellers Rate
$186,858
Your Cash$103,142
Total Purchase Price:$290,000

Assumed vs Traditional Mortgage

Assumed @ 2.68%
$825/mo
Traditional @ 7.5%
$1,429/mo
You save $604/month ($7,244/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6630734

Listing From: northstar

Last updated: 2025-04-03T20:56:03.000Z

© , 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

2.68%
7.15%

Principal & Interest

$825 /mo
$1,377 /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 $103,142 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $103,142!

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

Loan Breakdown

Assumed Mortgage2.68% Sellers Rate
$186,858
Your Cash$103,142
Total Purchase Price:$290,000

Assumed vs Traditional Mortgage

Assumed @ 2.68%
$825/mo
Traditional @ 7.5%
$1,429/mo
You save $604/month ($7,244/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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