Laura Jewett

Laura Jewett

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Closed

$384,900

($237,877 down)
FHA

1410 Meadow Lane SW, Rochester, MN 55902

4
4
2,812 sqft
PITI Monthly
$1,391.31 /mo

Listing courtesy of: , Edina Realty, Inc.

Assumed Rate

3.61%
7.15%

Principal & Interest

$816 /mo
$1,210 /mo

What's Special

OPEN CONCEPT
SHOPPING
DINING
SPACIOUS
FIREPLACE
FINISHED BASEMENT
PATIO
CUL-DE-SAC

Check out this centrally located spacious, 2-story gem in a SW cul-de-sac. It’s within walking distance to St. Mary’s Hospital, restaurants and shopping; also on city bus route and walking/biking trail. Interior highlights include: an extra large kitchen/foyer area, open concept living and dining area, bay window, 2 fireplaces, white crown moldings, finished basement with LVP, updated bathroom with new shower, all 4 bedrooms and 2 baths on 2nd level, large closets throughout and even more storage in basement, smart home locks, thermostat, and doorbell, and freshly painted interior and exterior. Other exterior highlights include: flat, fenced in shaded backyard, large patio, equipment shed, and a lean-to behind the 2 car garage. Come see for yourself why this gem is a steal!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.61
Remaining Loan Term
24 years, 7 months
Monthly PITI
$1,391.31/mo
Estimated Loan Balance
$204,266
Cash to close
$237,877
Interest Paid
$33,194

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Baseboard, Forced Air, Fireplace(s)
Features
  • Materials: Brick/Stone, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Brick, Family Room, Living Room, Wood Burning
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Architecural Shingle, Asphalt, Pitched
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: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Brick/Stone, Vinyl Siding
  • Roof: Architecural Shingle, Asphalt, Pitched
Condition
  • Year Built: 1969
Details
  • Builder:

Community & HOA

Community
  • Subdivision: North Sunny Slopes
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Rochester

Financial Details

  • Price per Sqft: $136.88
  • Tax Annual Amount: $3584
  • On Market Date: 2024-07-03T00:00:00.000Z
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 $237,877 (62%)
You can enter any amount below - secondary financing will cover the difference if needed.
62%
$

You cover the entire equity of $237,877!

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

Loan Breakdown

Assumed Mortgage3.61% Sellers Rate
$147,023
Your Cash:$237,877
Total Purchase Price:$384,900

Assumed vs Traditional Mortgage

Assumed @ 3.61%
$816/mo
Traditional @ 7.5%
$1,255/mo
You save $440/month ($5,276/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6564055

Listing From: northstar

Last updated: 2024-08-15T13:39:02.000Z

© , 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

3.61%
7.15%

Principal & Interest

$816 /mo
$1,210 /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 $237,877 (62%)
You can enter any amount below - secondary financing will cover the difference if needed.
62%
$

You cover the entire equity of $237,877!

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

Loan Breakdown

Assumed Mortgage3.61% Sellers Rate
$147,023
Your Cash:$237,877
Total Purchase Price:$384,900

Assumed vs Traditional Mortgage

Assumed @ 3.61%
$816/mo
Traditional @ 7.5%
$1,255/mo
You save $440/month ($5,276/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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