Laura Jewett

Laura Jewett

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$199,900

($20,865 down)
FHA

1547 22nd Avenue N, Minneapolis, MN 55411

2
1
1,043 sqft
PITI Monthly
$1,509.62 /mo

Listing courtesy of: , eXp Realty

Assumed Rate

6.27%
7.15%

Principal & Interest

$1,133 /mo
$1,240 /mo

What's Special

LOCATION
SPACIOUS
MODERN

Nestled on a peaceful one-way street in the heart of the Jordan neighborhood, this home offers convenient access to Theodore Wirth Park, Victory Memorial, and a variety of local shops and restaurants. Step inside to a welcoming living room filled with warmth and charm. The spacious, updated kitchen is perfect for preparing your favorite meals and gathering with loved ones. The primary bedroom feels like a private retreat, featuring a beautifully modernized bathroom, ample closet space, and an adjoining flex area for added versatility. With 2 bedrooms, 1 bathroom, and a 1-car garage, this home balances comfort and style in an ideal location.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.27
Remaining Loan Term
27 years, 11 months
Monthly PITI
$1,509.62/mo
Estimated Loan Balance
$179,427
Cash to close
$20,865
Interest Paid
$23,707

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Window Unit(s)
  • Heating: Forced Air
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link, Partial, Privacy, Wood
Roof
  • Roof: Age 8 Years or Less, Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 1900
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Forest Heights
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Minneapolis

Financial Details

  • Price per Sqft: $191.66
  • Tax Annual Amount: $1156
  • On Market Date: 2025-03-10T00:00:00.000Z
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 $20,865 (10%)
You can enter any amount below - secondary financing will cover the difference if needed.
10%
$

You cover the entire equity of $20,865!

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

Loan Breakdown

Assumed Mortgage6.27% Sellers Rate
$179,035
Your Cash$20,865
Total Purchase Price:$199,900

Assumed vs Traditional Mortgage

Assumed @ 6.27%
$1,133/mo
Traditional @ 7.5%
$1,287/mo
You save $153/month ($1,842/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6682753

Listing From: northstar

Last updated: 2025-03-28T14:30:04.000Z

© , 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

6.27%
7.15%

Principal & Interest

$1,133 /mo
$1,240 /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 $20,865 (10%)
You can enter any amount below - secondary financing will cover the difference if needed.
10%
$

You cover the entire equity of $20,865!

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

Loan Breakdown

Assumed Mortgage6.27% Sellers Rate
$179,035
Your Cash$20,865
Total Purchase Price:$199,900

Assumed vs Traditional Mortgage

Assumed @ 6.27%
$1,133/mo
Traditional @ 7.5%
$1,287/mo
You save $153/month ($1,842/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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