Laura Jewett

Laura Jewett

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Closed

$325,000

($73,202 down)
FHA

1900 Manor Drive, Burnsville, MN 55337

3
2
1,354 sqft
PITI Monthly
$1,695 /mo

Listing courtesy of: , Keller Williams Select Realty

Assumed Rate

2.9%
7.15%

Principal & Interest

$1,124 /mo
$1,824 /mo

What's Special

MINUTES AWAY
FENCED YARD

Opportunity to build equity, make this 3 Bedroom + Den, 2000+ sq ft house into a 4+ bedroom home. Corner lot home with a lot of the big ticket items replaced: AC 2019, Water Heater 2017, Furnace 2016, and Roof 2014. Owners replaced main level carpet with LVP and removed wallpaper. Lower level features two large recreation rooms for entertaining or creating that Movie Theater/Man Cave/Craft Space/Play Room of your dreams. Current owner has a workshop and tool storage downstairs for the tinkerer in you. Basement previously had a hang-out/bar set up and the cabinets/countertops are still on site and could be reinstalled. Corner lot with fenced yard for your pets. Across the street from Vista View Elementary - children can walk to school. Great options nearby, plenty of restaurants, coffee shops, and Neill Park just minutes away. Quick close needed, bring all offers! The payoff amount is around $332,000.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.9
Remaining Loan Term
26 years, 8 months
Monthly PITI
$1,695/mo
Estimated Loan Balance
$268,334
Cash to close
$73,202
Interest Paid
$25,186

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Wall Unit(s)
  • Heating: Forced Air, Fireplace(s)
Features
  • Materials: Block, Brick/Stone, Metal Siding, Other, Wood Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Family Room, Living Room, Wood Burning
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Architectural Shingle, Asphalt, Metal, Pitched
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer/Connected, City Sewer - In Street
  • Water Source: City Water/Connected, City Water - In Street
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Block, Brick/Stone, Metal Siding, Other, Wood Siding
  • Roof: Architectural Shingle, Asphalt, Metal, Pitched
Condition
  • Year Built: 1974
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Burnsville Manor
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Burnsville

Financial Details

  • Price per Sqft: $240.03
  • Tax Annual Amount: $2758
  • On Market Date: 2024-12-11T00:00:00.000Z
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 $73,202 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $73,202!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$251,798
Your Cash$73,202
Total Purchase Price:$325,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,124/mo
Traditional @ 7.5%
$1,892/mo
You save $768/month ($9,214/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6639158

Listing From: northstar

Last updated: 2025-02-12T15:32:02.000Z

© , 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

2.9%
7.15%

Principal & Interest

$1,124 /mo
$1,824 /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 $73,202 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $73,202!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$251,798
Your Cash$73,202
Total Purchase Price:$325,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,124/mo
Traditional @ 7.5%
$1,892/mo
You save $768/month ($9,214/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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