Laura Jewett

Laura Jewett

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Closed

$279,900

($122,047 down)
FHA

20257 Rudbeck Road, Brainerd, MN 56401

3
2
1,976 sqft
PITI Monthly
$1,090.92 /mo

Listing courtesy of: , North Pointe Realty Advantage

Assumed Rate

3.06%
7.15%

Principal & Interest

$719 /mo
$1,144 /mo

What's Special

LOCATION

Great location, great potential with this 3 bedroom, 2 bath rambler. Plenty of room with the full basement to make this a great family home with some updates. Attached two car, heated garage and a 30 x 40 shop/garage with cement floor, electric and 16' and 9' wide doors. Located in the heart of the Brainerd Lakes area with all that it has to offer close by. Put some sweat equity into this home and you will have a great place for you to live.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.06
Remaining Loan Term
26 years, 3 months
Monthly PITI
$1,090.92/mo
Estimated Loan Balance
$161,592
Cash to close
$122,047
Interest Paid
$18,675

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Baseboard, Forced Air
Features
  • Materials: Metal Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age 8 Years or Less
Parking
  • Garage: Yes
  • Garage Spaces: 5
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Private Sewer, Tank with Drainage Field
  • Water Source: Submersible - 4 Inch, Drilled, Private, Well
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Metal Siding
  • Roof: Age 8 Years or Less
Condition
  • Year Built: 1978
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Rudbeck Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Brainerd

Financial Details

  • Price per Sqft: $141.65
  • Tax Annual Amount: $1220
  • On Market Date: 2024-08-18T00:00:00.000Z
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 $122,047 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $122,047!

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

Loan Breakdown

Assumed Mortgage3.06% Sellers Rate
$157,853
Your Cash$122,047
Total Purchase Price:$279,900

Assumed vs Traditional Mortgage

Assumed @ 3.06%
$719/mo
Traditional @ 7.5%
$1,186/mo
You save $467/month ($5,602/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6588173

Listing From: northstar

Last updated: 2024-11-11T17:46:02.000Z

© , 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

3.06%
7.15%

Principal & Interest

$719 /mo
$1,144 /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 $122,047 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $122,047!

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

Loan Breakdown

Assumed Mortgage3.06% Sellers Rate
$157,853
Your Cash$122,047
Total Purchase Price:$279,900

Assumed vs Traditional Mortgage

Assumed @ 3.06%
$719/mo
Traditional @ 7.5%
$1,186/mo
You save $467/month ($5,602/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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