Laura Jewett

Laura Jewett

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Pending

$325,000

($96,740 down)
FHA

1740 Philipp Drive, Shakopee, MN 55379

2
2
1,832 sqft
PITI Monthly
$2,006.11 /mo

Listing courtesy of: , Kubes Realty Inc

Assumed Rate

6.81%
7.15%

Principal & Interest

$1,514 /mo
$1,567 /mo

What's Special

OPEN CONCEPT
DESIRED
SHOPPING
DINING
SPACIOUS
MODERN
WALK-IN CLOSET
CHARMING

Welcome to this charming 2-bedroom, 2-bath townhome in the heart of Shakopee, MN. Spread across three spacious levels, this home offers a comfortable and modern living experience. The main floor features an open concept living and dining area, perfect for entertaining or relaxing with family. Large windows and western exposure flood the space with warmth and light. The kitchen is well-equipped, with a large island and breakfast bar, ample cabinet space and modern appliances. Upstairs, you'll find two generously sized bedrooms, including a primary suite with walk-thru bath and walk-in closet. The versatile loft space offers the possibility for an office, play area, or additional lounge area, anything to suit your needs! In the lower level you'll find a huge family room, 2nd full bathroom, laundry and storage space. A 3rd bedroom could easily be added, if desired. Recent upgrades include a just installed furnace, water heater in 2021, kitchen appliances in 2020-2023, and roof 2017. Enjoy the outdoors with nearby walking paths, perfect for morning walks or evening strolls. The home is also conveniently located near shopping and dining options, schools, and medical facilities, making daily errands a breeze. Don't miss your chance to own this fantastic property in a desirable Shakopee neighborhood!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.81
Remaining Loan Term
28 years, 6 months
Monthly PITI
$2,006.11/mo
Estimated Loan Balance
$229,122
Cash to close
$96,740
Interest Paid
$23,521

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick/Stone, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Asphalt
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: Townhouse Side x Side
  • Architectural Style: Unknown
Materials
  • Brick/Stone, Vinyl Siding
  • Roof: Asphalt
Condition
  • Year Built: 2005
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Southern Meadows
  • Features: None
HOA
  • Has HOA: Yes
  • HOA Name: Community Association Group
  • HOA Amenities: Unknown
  • HOA Fee: $320
  • HOA Frequency: $Monthly
Location
  • Region: Shakopee

Financial Details

  • Price per Sqft: $177.4
  • Tax Annual Amount: $2830
  • On Market Date: 2025-03-05T00:00:00.000Z
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 $96,740 (30%)
You can enter any amount below - secondary financing will cover the difference if needed.
30%
$

You cover the entire equity of $96,740!

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

Loan Breakdown

Assumed Mortgage6.81% Sellers Rate
$228,260
Your Cash$96,740
Total Purchase Price:$325,000

Assumed vs Traditional Mortgage

Assumed @ 6.81%
$1,514/mo
Traditional @ 7.5%
$1,625/mo
You save $111/month ($1,336/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6680822

Listing From: northstar

Last updated: 2025-03-31T21:32:03.000Z

© , 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

$1,514 /mo
$1,567 /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 $96,740 (30%)
You can enter any amount below - secondary financing will cover the difference if needed.
30%
$

You cover the entire equity of $96,740!

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

Loan Breakdown

Assumed Mortgage6.81% Sellers Rate
$228,260
Your Cash$96,740
Total Purchase Price:$325,000

Assumed vs Traditional Mortgage

Assumed @ 6.81%
$1,514/mo
Traditional @ 7.5%
$1,625/mo
You save $111/month ($1,336/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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