Laura Jewett

Laura Jewett

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Closed

$194,900

($114,349 down)
FHA

1313 E 6th Street, Duluth, MN 55805

3
2
1,498 sqft
PITI Monthly
$909.39 /mo

Listing courtesy of: , Coldwell Banker Realty

Assumed Rate

3.38%
7.15%

Principal & Interest

$507 /mo
$774 /mo

What's Special

***Multiple offers received, highest and best presented at 6PM Sunday 2-16-25*** Turn of the century story and a half with a front porch, 3 bedrooms, 2 baths, and 2 car garage near Chester Park, UMD and St. Scholastica. This wonderful home has rental license capability. Newer windows, water heater, furnace, fridge, stove, and garage door.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.38
Remaining Loan Term
17 years, 5 months
Monthly PITI
$909.39/mo
Estimated Loan Balance
$82,214
Cash to close
$114,349
Interest Paid
$41,946

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air
Features
  • Materials: Cedar, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link
Roof
  • Roof: Age Over 8 Years, Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer/Connected, City Sewer - In Street
  • Water Source: City Water/Connected, City Water - In Street
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Cedar, Wood Siding
  • Roof: Age Over 8 Years, Asphalt
Condition
  • Year Built: 1900
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Portland Div Of Town Of Duluth
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Duluth

Financial Details

  • Price per Sqft: $130.11
  • Tax Annual Amount: $2056
  • On Market Date: 2025-02-03T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $114,349 (59%)
You can enter any amount below - secondary financing will cover the difference if needed.
59%
$

You cover the entire equity of $114,349!

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

Loan Breakdown

Assumed Mortgage3.38% Sellers Rate
$80,551
Your Cash:$114,349
Total Purchase Price:$194,900

Assumed vs Traditional Mortgage

Assumed @ 3.38%
$507/mo
Traditional @ 7.5%
$803/mo
You save $296/month ($3,550/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6656870

Listing From: northstar

Last updated: 2025-03-20T20:57:03.000Z

© , 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

3.38%
7.15%

Principal & Interest

$507 /mo
$774 /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 $114,349 (59%)
You can enter any amount below - secondary financing will cover the difference if needed.
59%
$

You cover the entire equity of $114,349!

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

Loan Breakdown

Assumed Mortgage3.38% Sellers Rate
$80,551
Your Cash:$114,349
Total Purchase Price:$194,900

Assumed vs Traditional Mortgage

Assumed @ 3.38%
$507/mo
Traditional @ 7.5%
$803/mo
You save $296/month ($3,550/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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