Laura Jewett

Laura Jewett

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$338,000

($10,181 down)
FHA

151 Grouse Circle, Montrose, MN 55363

3
2
1,822 sqft
PITI Monthly
$2,876.65 /mo

Listing courtesy of: , eXp Realty

Assumed Rate

6.81%
7.15%

Principal & Interest

$2,172 /mo
$2,248 /mo

What's Special

FRESH PAINT
SERENE
SPACIOUS
GRANITE COUNTERTOPS
CUL-DE-SAC

Discover the charm and space of this beautiful home in Montrose! Nestled on a desirable large corner lot on a cul-de-sac, this property offers 3 bedrooms on the upper level, 2 baths, and a spacious 3-car garage. Inside, you'll find a stunning kitchen and entertaining area with granite countertops and newer appliances, perfect for hosting and cooking. Relax in the inviting 3-season porch, a serene extension of living space that overlooks the great backyard space. The home has been well maintained, with fresh paint in the living and family rooms. A handy backyard shed adds convenient storage space. Located close to town, this home offers easy access to all amenities and makes commuting a breeze. Don’t miss this splendid opportunity in Montrose—Schedule your showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.81
Remaining Loan Term
28 years, 5 months
Monthly PITI
$2,876.65/mo
Estimated Loan Balance
$328,437
Cash to close
$10,181
Interest Paid
$35,607

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick/Stone, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Family Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • 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: Asphalt
Condition
  • Year Built: 2001
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Pheasant Hills
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Montrose

Financial Details

  • Price per Sqft: $185.51
  • Tax Annual Amount: $3824
  • On Market Date: 2025-01-29T00:00:00.000Z
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 $10,181 (3%)
You can enter any amount below - secondary financing will cover the difference if needed.
3%
$

You cover the entire equity of $10,181!

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

Loan Breakdown

Assumed Mortgage6.81% Sellers Rate
$327,819
Your Cash$10,181
Total Purchase Price:$338,000

Assumed vs Traditional Mortgage

Assumed @ 6.81%
$2,172/mo
Traditional @ 7.5%
$2,249/mo
You save $77/month ($918/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6653350

Listing From: northstar

Last updated: 2025-03-03T18:57:03.000Z

© , 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

6.81%
7.15%

Principal & Interest

$2,172 /mo
$2,248 /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 $10,181 (3%)
You can enter any amount below - secondary financing will cover the difference if needed.
3%
$

You cover the entire equity of $10,181!

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

Loan Breakdown

Assumed Mortgage6.81% Sellers Rate
$327,819
Your Cash$10,181
Total Purchase Price:$338,000

Assumed vs Traditional Mortgage

Assumed @ 6.81%
$2,172/mo
Traditional @ 7.5%
$2,249/mo
You save $77/month ($918/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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