Laura Jewett

Laura Jewett

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Closed

$389,900

($53,645 down)
FHA

13346 Meredith Drive, Baxter, MN 56425

5
2
3,868 sqft
PITI Monthly
$2,738.29 /mo

Listing courtesy of: , Kurilla Real Estate LTD

Assumed Rate

6.11%
7.15%

Principal & Interest

$2,085 /mo
$2,321 /mo

What's Special

OPEN CONCEPT
MINUTES AWAY
FIREPLACE
VAULTED CEILINGS
DECK
COZY

This large 5 bedroom home is perfectly situated on a picturesque 2-acre tree-lined property on the outskirts of Baxter. Despite its rural charm, the property is conveniently located just minutes away from schools, stores, restaurants, and medical facilities. The great room is a bright and inviting space, featuring new flooring, vaulted ceilings, and a cozy gas stone fireplace. The open concept design flows seamlessly into the expansive kitchen, complete with a generous center island, and ample cabinets. With over 3500 square feet of living space, this home offers comfort & room at every turn. The attached 2-stall garage & 3 car heated/workshop, perfect for the hobbyist or DIY enthusiast. Outdoor enthusiasts will appreciate the large deck, private trails, and abundance of fruit trees on the property. Updates abound throughout the home, including a new tankless water heater, boiler, and water softener. Don't miss the opportunity to make this your dream home!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.11
Remaining Loan Term
27 years, 8 months
Monthly PITI
$2,738.29/mo
Estimated Loan Balance
$336,626
Cash to close
$53,645
Interest Paid
$48,320

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Boiler, Forced Air, Fireplace(s), Radiant Floor
Features
  • Materials: Cedar, Vinyl Siding, Wood Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, Living Room, Stone
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Partial, Privacy, Wood
Roof
  • Roof: Age Over 8 Years, Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 5
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected, Private, Well
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Cedar, Vinyl Siding, Wood Siding
  • Roof: Age Over 8 Years, Asphalt
Condition
  • Year Built: 1989
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Johnsons Add Baxter
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Baxter

Financial Details

  • Price per Sqft: $100.8
  • Tax Annual Amount: $3121
  • On Market Date: 2024-05-28T00:00:00.000Z
Inquire about this property

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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 $53,645 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $53,645!

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

Loan Breakdown

Assumed Mortgage6.11% Sellers Rate
$336,255
Your Cash$53,645
Total Purchase Price:$389,900

Assumed vs Traditional Mortgage

Assumed @ 6.11%
$2,085/mo
Traditional @ 7.5%
$2,408/mo
You save $323/month ($3,874/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6543426

Listing From: northstar

Last updated: 2024-08-21T21:10:02.000Z

© , 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

6.11%
7.15%

Principal & Interest

$2,085 /mo
$2,321 /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 $53,645 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $53,645!

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

Loan Breakdown

Assumed Mortgage6.11% Sellers Rate
$336,255
Your Cash$53,645
Total Purchase Price:$389,900

Assumed vs Traditional Mortgage

Assumed @ 6.11%
$2,085/mo
Traditional @ 7.5%
$2,408/mo
You save $323/month ($3,874/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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