Laura Jewett

Laura Jewett

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Closed

$414,500

($39,645 down)
FHA

16408 Griffon Trail, Lakeville, MN 55044

4
2
1,737 sqft
PITI Monthly
$3,040.94 /mo

Listing courtesy of: , Core Properties

Assumed Rate

6.34%
7.15%

Principal & Interest

$2,362 /mo
$2,566 /mo

What's Special

LOCATION
MOVE-IN READY
MODERN
COZY

Welcome to your dream home! This impressive 4-bedroom, 2-bathroom home offers a blend of modern elegance and cozy charm. Tastefully decorated throughout, every detail has been thoughtfully considered to create a welcoming atmosphere. The open kitchen is perfect for culinary enthusiasts and entertaining guests. Three of the bedrooms are conveniently located on one level, ensuring comfort and ease. Step outside to a huge backyard, ideal for outdoor activities and relaxation. Additionally, the home boasts a brand new roof, providing peace of mind and added value. Other updates include updated plumbing, new water softener, kitchen sink, washer/dryer and invisible fencing added in 2023. Only available due to relocation! Check out this incredible opportunity to own a beautiful, move-in ready home!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.34
Remaining Loan Term
28 years, 3 months
Monthly PITI
$3,040.94/mo
Estimated Loan Balance
$375,235
Cash to close
$39,645
Interest Paid
$41,753

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Fiber Board
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Invisible
Roof
  • Roof: Age 8 Years or Less
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer - In Street
  • Water Source: City Water - In Street
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Fiber Board
  • Roof: Age 8 Years or Less
Condition
  • Year Built: 1987
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Foxborough 2nd Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Lakeville

Financial Details

  • Price per Sqft: $238.63
  • Tax Annual Amount: $3118
  • On Market Date: 2024-06-06T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $39,645 (10%)
You can enter any amount below - secondary financing will cover the difference if needed.
10%
$

You cover the entire equity of $39,645!

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

Loan Breakdown

Assumed Mortgage6.34% Sellers Rate
$374,855
Your Cash$39,645
Total Purchase Price:$414,500

Assumed vs Traditional Mortgage

Assumed @ 6.34%
$2,362/mo
Traditional @ 7.5%
$2,662/mo
You save $300/month ($3,602/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6548388

Listing From: northstar

Last updated: 2024-08-24T16:11:02.000Z

© , 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

6.34%
7.15%

Principal & Interest

$2,362 /mo
$2,566 /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 $39,645 (10%)
You can enter any amount below - secondary financing will cover the difference if needed.
10%
$

You cover the entire equity of $39,645!

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

Loan Breakdown

Assumed Mortgage6.34% Sellers Rate
$374,855
Your Cash$39,645
Total Purchase Price:$414,500

Assumed vs Traditional Mortgage

Assumed @ 6.34%
$2,362/mo
Traditional @ 7.5%
$2,662/mo
You save $300/month ($3,602/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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