Laura Jewett

Laura Jewett

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Closed

$325,000

($261,498 down)
FHA

1323 Walter Avenue, Red Wing, MN 55066

3
2
1,820 sqft
PITI Monthly
$1,237.51 /mo

Listing courtesy of: , Draz Real Estate Inc.

Assumed Rate

5.81%
7.15%

Principal & Interest

$767 /mo
$882 /mo

What's Special

SPACIOUS
HARDWOOD FLOORS
STAINLESS STEEL APPLIANCES
BREAKFAST NOOK
SOAKING TUB

This impeccably maintained single-level home has a little something for everyone! This house has been updated throughout, not one thing left untouched. It boasts hardwood floors on the main level, along with tile and in-floor heat. The kitchen has a beautiful back splash, stainless steel appliances and nice breakfast nook. The main floor bath features a spacious walk-in shower, while the lower level bath offers a luxurious soaking tub. With a 6 car garage, there’s ample space for vehicles, hobbies or storage. Situated on nearly half an acre, this property provided plenty of privacy and outdoor space for relaxation or entertaining. Whether you’re a car enthusiast or a family looking for the perfect home, this place offers it all! *** New A/C just installed***Schedule your showing today!!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.81
Remaining Loan Term
8 years, 2 months
Monthly PITI
$1,237.51/mo
Estimated Loan Balance
$31,980
Cash to close
$261,498
Interest Paid
$130,164

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Age Over 8 Years
Parking
  • Garage: Yes
  • Garage Spaces: 6
  • 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
  • Vinyl Siding
  • Roof: Age Over 8 Years
Condition
  • Year Built: 1958
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Kost & Crescys Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Red Wing

Financial Details

  • Price per Sqft: $178.57
  • Tax Annual Amount: $2732
  • On Market Date: 2024-08-01T00:00:00.000Z
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 $261,498 (80%)
You can enter any amount below - secondary financing will cover the difference if needed.
80%
$

You cover the entire equity of $261,498!

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

Loan Breakdown

Assumed Mortgage5.81% Sellers Rate
$63,502
Your Cash:$261,498
Total Purchase Price:$325,000

Assumed vs Traditional Mortgage

Assumed @ 5.81%
$767/mo
Traditional @ 7.5%
$915/mo
You save $148/month ($1,774/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6568977

Listing From: northstar

Last updated: 2025-03-06T02:58:03.000Z

© , 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

5.81%
7.15%

Principal & Interest

$767 /mo
$882 /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 $261,498 (80%)
You can enter any amount below - secondary financing will cover the difference if needed.
80%
$

You cover the entire equity of $261,498!

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

Loan Breakdown

Assumed Mortgage5.81% Sellers Rate
$63,502
Your Cash:$261,498
Total Purchase Price:$325,000

Assumed vs Traditional Mortgage

Assumed @ 5.81%
$767/mo
Traditional @ 7.5%
$915/mo
You save $148/month ($1,774/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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