Laura Jewett

Laura Jewett

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Closed

$364,000

($59,600 down)
FHA

1327 Jackson Avenue, Detroit Lakes, MN 56501

4
3
2,244 sqft
PITI Monthly
$2,539.93 /mo

Listing courtesy of: , Keller Williams Realty Profess

Assumed Rate

6.26%
7.15%

Principal & Interest

$1,918 /mo
$2,102 /mo

What's Special

DINING
SPACIOUS
FIREPLACE
WALK-IN CLOSET
DECK
COZY

This spacious and inviting Detroit Lakes rambler-style home offers 4 bedrooms, 3 bathrooms, and not one—but TWO 2-stall garages! The main-level primary suite features a private ¾ bath and an expansive walk-in closet for ultimate convenience. Cozy up by the fireplaces on both the main and lower levels, creating the perfect ambiance for every season. The dining room seamlessly flows onto a deck overlooking a fully fenced, level yard—ideal for entertaining or simply relaxing. With an attached heated 2-stall garage and an additional detached 2-stall garage, you’ll have all the storage space you need. The exterior is designed for low maintenance, featuring durable steel on the house and vinyl siding on the garage with updated shingles. Stop searching and start living—this incredible home is ready for you!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.26
Remaining Loan Term
28 years, 0 months
Monthly PITI
$2,539.93/mo
Estimated Loan Balance
$305,056
Cash to close
$59,600
Interest Paid
$38,528

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Wall Unit(s), Window Unit(s)
  • Heating: Baseboard
Features
  • Materials: Steel Siding, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Family Room, Living Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 4
  • 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
  • Steel Siding, Vinyl Siding
  • Roof: Asphalt
Condition
  • Year Built: 1975
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Kandt Leiseth Estate
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Detroit Lakes

Financial Details

  • Price per Sqft: $162.21
  • Tax Annual Amount: $3012
  • On Market Date: 2025-02-04T00:00:00.000Z
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 $59,600 (16%)
You can enter any amount below - secondary financing will cover the difference if needed.
16%
$

You cover the entire equity of $59,600!

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

Loan Breakdown

Assumed Mortgage6.26% Sellers Rate
$304,400
Your Cash$59,600
Total Purchase Price:$364,000

Assumed vs Traditional Mortgage

Assumed @ 6.26%
$1,918/mo
Traditional @ 7.5%
$2,103/mo
You save $184/month ($2,212/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6657063

Listing From: northstar

Last updated: 2025-03-28T21:53:03.000Z

© , 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

6.26%
7.15%

Principal & Interest

$1,918 /mo
$2,102 /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 $59,600 (16%)
You can enter any amount below - secondary financing will cover the difference if needed.
16%
$

You cover the entire equity of $59,600!

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

Loan Breakdown

Assumed Mortgage6.26% Sellers Rate
$304,400
Your Cash$59,600
Total Purchase Price:$364,000

Assumed vs Traditional Mortgage

Assumed @ 6.26%
$1,918/mo
Traditional @ 7.5%
$2,103/mo
You save $184/month ($2,212/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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