Laura Jewett

Laura Jewett

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Pending

$375,000

($67,106 down)
FHA

1705 Skyline Drive S, Burnsville, MN 55337

3
3
1,952 sqft
PITI Monthly
$2,087.21 /mo

Listing courtesy of: , Keller Williams Preferred Rlty

Assumed Rate

2.87%
7.15%

Principal & Interest

$1,378 /mo
$2,245 /mo

What's Special

LOCATION
ENTERTAINMENT
MODERN
FIREPLACE
DECK

Lock in an incredible 2.49% interest rate with the assumable mortgage on this Burnsville Home! This quaint neighborhood offers a quiet escape from the hustle and bustle of city life. The home features an updated kitchen with sleek countertops, a stylish backsplash, and modern appliances. All of the light fixtures in the home have been updated, as has the electrical service panel for the home. Enjoy 3 bedrooms and 3 bathrooms, providing ample space for family and guests. The oversized 2-car garage offers room for vehicles and storage. Retreat to the primary bedroom which features an adjoining flex room with a fireplace. The primary bedroom also has brand new carpet that was just installed. Location, Location, Location! Nestled in the heart of Burnsville, this home offers easy access to an array of shops, restaurants, and entertainment options. Enjoy the proximity to the Birnamwood Golf Course and explore the nearby parks and trails. Commuting is simplified with quick access to major highways: 8 minutes to the Eagan Outlet Mall, 10 minutes to the Mall of America, 13 minutes to MSP Airport, 25 minutes to Downtown Minneapolis, and 20 minutes to Downtown St. Paul. Nature's Escape Embrace the beauty of nature on this nearly 1/2-acre wooded lot. Enjoy frequent sightings of deer, owls, eagles and other wildlife. The expansive decks provide a setting for entertaining guests or simply relaxing and enjoying the outdoor space. Don't miss out on this incredible opportunity! Schedule your showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.87
Remaining Loan Term
26 years, 6 months
Monthly PITI
$2,087.21/mo
Estimated Loan Balance
$308,534
Cash to close
$67,106
Interest Paid
$32,144

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Stucco, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Stone, Wood Burning
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age Over 8 Years
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
  • Stucco, Vinyl Siding
  • Roof: Age Over 8 Years
Condition
  • Year Built: 1979
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Skyline View Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Burnsville

Financial Details

  • Price per Sqft: $192.11
  • Tax Annual Amount: $3886
  • On Market Date: 2025-02-03T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $67,106 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $67,106!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$307,894
Your Cash$67,106
Total Purchase Price:$375,000

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$1,378/mo
Traditional @ 7.5%
$2,328/mo
You save $950/month ($11,404/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6646146

Listing From: northstar

Last updated: 2025-02-20T16:28:03.000Z

© , 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

2.87%
7.15%

Principal & Interest

$1,378 /mo
$2,245 /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 $67,106 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $67,106!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$307,894
Your Cash$67,106
Total Purchase Price:$375,000

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$1,378/mo
Traditional @ 7.5%
$2,328/mo
You save $950/month ($11,404/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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