Laura Jewett

Laura Jewett

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Closed

$209,900

($96,731 down)
VA

202 South Street, Owatonna, MN 55060

3
2
1,352 sqft
PITI Monthly
$799.42 /mo

Listing courtesy of: , RE/MAX Venture

Assumed Rate

4.15%
7.15%

Principal & Interest

$644 /mo
$895 /mo

What's Special

SPACIOUS
STAINLESS STEEL APPLIANCES
DECK

Unique 2 story home with open main floor layout. The moment you see the kitchen, you will envision yourself entertaining in the wonderful open space. With newer stainless steel appliances and updated cabinets, you will enjoy cooking. The main floor also adds the features of a 1/2 bath, laundry and open staircase. This home has 3 bedrooms and a full bathroom upstairs. Walk outside to your spacious deck and a great backyard that is fully fenced. Added bonus is an additional parking space. Schedule your showing to see how you can make this home yours!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
4.15
Remaining Loan Term
22 years, 0 months
Monthly PITI
$799.42/mo
Estimated Loan Balance
$118,980
Cash to close
$96,731
Interest Paid
$40,714

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Chain Link, Privacy, Wood
Roof
  • Roof: Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • 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
  • Vinyl Siding
  • Roof: Asphalt
Condition
  • Year Built: 1927
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Phelps Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Owatonna

Financial Details

  • Price per Sqft: $155.25
  • Tax Annual Amount: $64
  • On Market Date: 2024-08-01T00:00:00.000Z
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 $96,731 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $96,731!

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

Loan Breakdown

Assumed Mortgage4.15% Sellers Rate
$113,169
Your Cash$96,731
Total Purchase Price:$209,900

Assumed vs Traditional Mortgage

Assumed @ 4.15%
$644/mo
Traditional @ 7.5%
$928/mo
You save $284/month ($3,410/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6571155

Listing From: northstar

Last updated: 2024-09-30T13:52:02.000Z

© , 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

4.15%
7.15%

Principal & Interest

$644 /mo
$895 /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 $96,731 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $96,731!

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

Loan Breakdown

Assumed Mortgage4.15% Sellers Rate
$113,169
Your Cash$96,731
Total Purchase Price:$209,900

Assumed vs Traditional Mortgage

Assumed @ 4.15%
$644/mo
Traditional @ 7.5%
$928/mo
You save $284/month ($3,410/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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