Laura Jewett

Laura Jewett

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Closed

$243,500

($160,118 down)
FHA

1320 Willow Trail, Farmington, MN 55024

3
2
1,230 sqft
PITI Monthly
$1,233.48 /mo

Listing courtesy of: , eXp Realty

Assumed Rate

6%
7.15%

Principal & Interest

$743 /mo
$837 /mo

What's Special

MODERN
RENOVATED
COZY

Welcome to your dream home! This beautifully renovated 3-bedroom, 2-bath townhome perfectly blends modern style and cozy comfort in a desirable neighborhood. Enjoy brand-new flooring, updated fixtures, new appliances, and a fresh coat of paint throughout, while the open-concept layout creates a bright and inviting atmosphere. Each of the bedrooms provide natural light and the perfect amount of closet space. Close to local attractions, parks, golf courses and downtown Farmington. Schedule your private tour today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6
Remaining Loan Term
13 years, 2 months
Monthly PITI
$1,233.48/mo
Estimated Loan Balance
$175,934
Cash to close
$160,118
Interest Paid
$107,235

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
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: Townhouse Side x Side
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Unknown
Condition
  • Year Built: 2005
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Bristol Square 4th Add
  • Features: None
HOA
  • Has HOA: Yes
  • HOA Name: Bristol
  • HOA Amenities: Unknown
  • HOA Fee: $190
  • HOA Frequency: $Monthly
Location
  • Region: Farmington

Financial Details

  • Price per Sqft: $197.97
  • Tax Annual Amount: $3028
  • On Market Date: 2024-09-22T00:00:00.000Z
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 $160,118 (66%)
You can enter any amount below - secondary financing will cover the difference if needed.
66%
$

You cover the entire equity of $160,118!

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

Loan Breakdown

Assumed Mortgage6% Sellers Rate
$83,382
Your Cash:$160,118
Total Purchase Price:$243,500

Assumed vs Traditional Mortgage

Assumed @ 6%
$743/mo
Traditional @ 7.5%
$869/mo
You save $125/month ($1,503/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6606631

Listing From: northstar

Last updated: 2024-10-22T16:02:02.000Z

© , 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%
7.15%

Principal & Interest

$743 /mo
$837 /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 $160,118 (66%)
You can enter any amount below - secondary financing will cover the difference if needed.
66%
$

You cover the entire equity of $160,118!

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

Loan Breakdown

Assumed Mortgage6% Sellers Rate
$83,382
Your Cash:$160,118
Total Purchase Price:$243,500

Assumed vs Traditional Mortgage

Assumed @ 6%
$743/mo
Traditional @ 7.5%
$869/mo
You save $125/month ($1,503/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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