Laura Jewett

Laura Jewett

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$489,000

($121,148 down)
FHA

1352 Faith Hill Drive SW, Alexandria, MN 56308

5
3
2,797 sqft
PITI Monthly
$3,064.96 /mo

Listing courtesy of: , Century 21 First Realty, Inc.

Assumed Rate

6.92%
7.15%

Principal & Interest

$2,444 /mo
$2,502 /mo

What's Special

DINING
SPACIOUS
MODERN
STAINLESS STEEL APPLIANCES
WALK-IN CLOSET
DECK
PATIO
IRRIGATION SYSTEM

Welcome to this ergonomic designed 5-bedroom, 3-bath home in the sought-after Rockbury development! The main level features a spacious, easy flow layout with a modern kitchen boasting stainless steel appliances and ample cabinetry. The dining area seamlessly connects to a large deck—perfect for outdoor entertaining. The owner’s suite offers a private bath and walk-in closet, while two additional bedrooms complete the main floor. The lower level impresses with a bright family room featuring new flooring and abundant natural light, plus two more bedrooms and a full bath. Step outside to enjoy breathtaking sunrises from your patio and stunning sunsets from your deck. The oversized, insulated, and heated 3-stall garage is ideal for year-round projects, and the beautifully maintained yard includes an irrigation system and a 12' x 20' storage shed with 10' sidewalls for extra storage. Conveniently located near Lake Latoka and just minutes from Alexandria’s west side, this home is a must-see!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.92
Remaining Loan Term
29 years, 4 months
Monthly PITI
$3,064.96/mo
Estimated Loan Balance
$368,493
Cash to close
$121,148
Interest Paid
$17,036

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Fiber Cement
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age Over 8 Years, Architectural Shingle, Pitched
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer/Connected
  • Water Source: Drilled, Private, Well
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Fiber Cement
  • Roof: Age Over 8 Years, Architectural Shingle, Pitched
Condition
  • Year Built: 2007
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Rockbury
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Alexandria

Financial Details

  • Price per Sqft: $174.83
  • Tax Annual Amount: $3412
  • On Market Date: 2025-03-18T00:00:00.000Z
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 $121,148 (25%)
You can enter any amount below - secondary financing will cover the difference if needed.
25%
$

You cover the entire equity of $121,148!

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

Loan Breakdown

Assumed Mortgage6.92% Sellers Rate
$367,852
Your Cash$121,148
Total Purchase Price:$489,000

Assumed vs Traditional Mortgage

Assumed @ 6.92%
$2,444/mo
Traditional @ 7.5%
$2,595/mo
You save $151/month ($1,806/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6681683

Listing From: northstar

Last updated: 2025-03-20T02:33:04.000Z

© , 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

6.92%
7.15%

Principal & Interest

$2,444 /mo
$2,502 /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 $121,148 (25%)
You can enter any amount below - secondary financing will cover the difference if needed.
25%
$

You cover the entire equity of $121,148!

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

Loan Breakdown

Assumed Mortgage6.92% Sellers Rate
$367,852
Your Cash$121,148
Total Purchase Price:$489,000

Assumed vs Traditional Mortgage

Assumed @ 6.92%
$2,444/mo
Traditional @ 7.5%
$2,595/mo
You save $151/month ($1,806/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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