Laura Jewett

Laura Jewett

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Closed

$379,900

($63,211 down)
FHA

1250 Prairie Street, Northfield, MN 55057

4
3
2,450 sqft
PITI Monthly
$2,771.17 /mo

Listing courtesy of: , Edina Realty, Inc.

Assumed Rate

6.11%
7.15%

Principal & Interest

$1,966 /mo
$2,188 /mo

What's Special

REMODELED
SPACIOUS
LUXURY
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
DECK
PATIO
PLAYGROUND

Welcome to this spacious and sunlit four-bedroom, three-bathroom home, nestled on nearly half an acre of beautiful grounds with established trees. Each room in this home is designed to be both bright and roomy. Fully remodeled kitchen with new granite countertops, luxury vinyl flooring, all new stainless steel appliances (fridge, induction oven, dishwasher, microwave) newly painted cabinetry. The lower level includes a bedroom with a separate private-office space, ideal for working from home. Ceiling fans in multiple rooms, with an expansive deck and a private patio. Located within walking distance to Sibley Swale Park, you'll enjoy access to playgrounds and scenic paths leading to Spring Creek Elementary School. Newer shingles (2021). The upstairs main bathroom was recently remodeled with a black stone shower and bath. All 3 toilets in the house are new. New furnace and carpeting 2023.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.11
Remaining Loan Term
27 years, 7 months
Monthly PITI
$2,771.17/mo
Estimated Loan Balance
$317,041
Cash to close
$63,211
Interest Paid
$47,161

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Baseboard, Forced Air
Features
  • Materials: Fiber Board, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age 8 Years or Less
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
  • Fiber Board, Wood Siding
  • Roof: Age 8 Years or Less
Condition
  • Year Built: 1979
Details
  • Builder:

Community & HOA

Community
  • Subdivision: East Woodley Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Northfield

Financial Details

  • Price per Sqft: $155.06
  • Tax Annual Amount: $5112
  • On Market Date: 2024-09-17T00:00:00.000Z
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 $63,211 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $63,211!

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

Loan Breakdown

Assumed Mortgage6.11% Sellers Rate
$316,689
Your Cash$63,211
Total Purchase Price:$379,900

Assumed vs Traditional Mortgage

Assumed @ 6.11%
$1,966/mo
Traditional @ 7.5%
$2,270/mo
You save $304/month ($3,653/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6603723

Listing From: northstar

Last updated: 2024-11-01T14:34:02.000Z

© , 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

6.11%
7.15%

Principal & Interest

$1,966 /mo
$2,188 /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 $63,211 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $63,211!

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

Loan Breakdown

Assumed Mortgage6.11% Sellers Rate
$316,689
Your Cash$63,211
Total Purchase Price:$379,900

Assumed vs Traditional Mortgage

Assumed @ 6.11%
$1,966/mo
Traditional @ 7.5%
$2,270/mo
You save $304/month ($3,653/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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