Laura Jewett

Laura Jewett

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Pending

$199,900

($107,175 down)
FHA

131 Meeker Avenue S, Watkins, MN 55389

3
2
1,858 sqft
PITI Monthly
$874.75 /mo

Listing courtesy of: , Coldwell Banker Realty

Assumed Rate

3.47%
7.15%

Principal & Interest

$461 /mo
$696 /mo

What's Special

SPACIOUS
MODERN
RENOVATED
DECK

Discover the charm and character of this two-story single-family home in the heart of Watkins, MN. Featuring three spacious bedrooms and two beautifully renovated bathrooms, this home seamlessly blends timeless elegance with modern updates. You'll be greeted by original hardwood foors and exquisite built-ins that tell a story of craftsmanship rarely found today. The sun-drenched, oversized sunroom invites you to relax and soak in the natural light—a perfect space for morning coffee or evening unwinding. The heart of the home, the kitchen, features unique custom live-edge shelving that adds a touch of rustic sophistication, and opens up to a large 12-foot by 12-foot deck, perfect for entertaining, grilling, or enjoying peaceful outdoor moments. Additionally, the freshly renovated bathrooms bring a modern, luxurious touch to this classic home. With its ample character, thoughtful updates, and ideal setting, this home is a true gem waiting to welcome its next owners

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.47
Remaining Loan Term
25 years, 1 months
Monthly PITI
$874.75/mo
Estimated Loan Balance
$122,881
Cash to close
$107,175
Interest Paid
$16,720

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Wall Unit(s), Window Unit(s)
  • Heating: Baseboard, Boiler, Hot Water
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Brick, Gas
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • 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
  • Stucco
  • Roof: Unknown
Condition
  • Year Built: 1930
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Spauldings 2nd Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Watkins

Financial Details

  • Price per Sqft: $107.59
  • Tax Annual Amount: $2292
  • On Market Date: 2025-03-10T00:00:00.000Z
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 $107,175 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$

You cover the entire equity of $107,175!

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

Loan Breakdown

Assumed Mortgage3.47% Sellers Rate
$92,725
Your Cash:$107,175
Total Purchase Price:$199,900

Assumed vs Traditional Mortgage

Assumed @ 3.47%
$461/mo
Traditional @ 7.5%
$722/mo
You save $261/month ($3,130/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6676814

Listing From: northstar

Last updated: 2025-03-25T04:47:03.000Z

© , 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

3.47%
7.15%

Principal & Interest

$461 /mo
$696 /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 $107,175 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$

You cover the entire equity of $107,175!

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

Loan Breakdown

Assumed Mortgage3.47% Sellers Rate
$92,725
Your Cash:$107,175
Total Purchase Price:$199,900

Assumed vs Traditional Mortgage

Assumed @ 3.47%
$461/mo
Traditional @ 7.5%
$722/mo
You save $261/month ($3,130/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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