Laura Jewett

Laura Jewett

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Closed

$250,000

($162,176 down)
FHA

1838 Jackson Street NE, Minneapolis, MN 55418

3
1
1,279 sqft
PITI Monthly
$1,034.48 /mo

Listing courtesy of: , Engel & Volkers Minneapolis Downtown

Assumed Rate

4.19%
7.15%

Principal & Interest

$542 /mo
$750 /mo

What's Special

LOCATION
SERENE
DINING
MODERN
FLEX SPACE
CHARMING

Welcome to 1838 Jackson Street NE. This charming home features an inviting front porch, offering the perfect curb appeal and a serene spot to enjoy your morning coffee. Step inside to discover a convenient floor plan where each room leads seamlessly to the next. The family room features built-ins and holds the potential to serve as a formal dining area or versatile flex space, adapting to your needs and lifestyle. Enjoy new windows and an updated kitchen with modern appliances, including complimentary AC units throughout the house. One bedroom, office area, and full bath complete this level. Upstairs features two bedrooms. Outside, a large lot offers the perfect private retreat, ready to be transformed into your ideal outdoor oasis. The backyard has a large gate to allow for 2-3 cars to park on the class 5 gravel driveway. Located within walking distance to Jackson Square Park, a variety of restaurants, and vibrant artists' lofts, this home offers the perfect North East location.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.19
Remaining Loan Term
19 years, 4 months
Monthly PITI
$1,034.48/mo
Estimated Loan Balance
$102,546
Cash to close
$162,176
Interest Paid
$44,528

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Window Unit(s)
  • Heating: Forced Air
Features
  • Materials: Metal Siding, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Full, Privacy, Wood
Roof
  • Roof: Asphalt
Parking
  • Garage: No
  • Garage Spaces: 0
  • 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
  • Metal Siding, Vinyl Siding
  • Roof: Asphalt
Condition
  • Year Built: 1900
Details
  • Builder:

Community & HOA

Community
  • Subdivision: East Side Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Minneapolis

Financial Details

  • Price per Sqft: $195.47
  • Tax Annual Amount: $3160
  • On Market Date: 2024-08-07T00:00:00.000Z
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 $162,176 (65%)
You can enter any amount below - secondary financing will cover the difference if needed.
65%
$

You cover the entire equity of $162,176!

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

Loan Breakdown

Assumed Mortgage4.19% Sellers Rate
$87,824
Your Cash:$162,176
Total Purchase Price:$250,000

Assumed vs Traditional Mortgage

Assumed @ 4.19%
$542/mo
Traditional @ 7.5%
$778/mo
You save $236/month ($2,827/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6577009

Listing From: northstar

Last updated: 2024-09-19T17:38:02.000Z

© , 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

4.19%
7.15%

Principal & Interest

$542 /mo
$750 /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 $162,176 (65%)
You can enter any amount below - secondary financing will cover the difference if needed.
65%
$

You cover the entire equity of $162,176!

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

Loan Breakdown

Assumed Mortgage4.19% Sellers Rate
$87,824
Your Cash:$162,176
Total Purchase Price:$250,000

Assumed vs Traditional Mortgage

Assumed @ 4.19%
$542/mo
Traditional @ 7.5%
$778/mo
You save $236/month ($2,827/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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