Laura Jewett

Laura Jewett

Property SearchContact
primary-1
primary-2primary-3
Pending

$307,500

($111,119 down)
VA

20566 187th Avenue NW, Big Lake, MN 55309

3
2
1,878 sqft
PITI Monthly
$1,269.57 /mo

Listing courtesy of: , Keller Williams Integrity NW

Assumed Rate

2.89%
7.15%

Principal & Interest

$898 /mo
$1,459 /mo

What's Special

This must see home with many updates new windows in 2024/2022. New boiler in 2020. New roof in 2024. This beautiful home has not been on the market for over 30 years! The seller are moving out of State. From the beautiful built-in to the boasting backyard with many perennials. This is a gardener's dream. The well taken care of home is ready for the new owners to make new memories. This home even has a added bonus of a mother-in-law suite. Not to mention the views of the might Mississippi River.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.89
Remaining Loan Term
25 years, 9 months
Monthly PITI
$1,269.57/mo
Estimated Loan Balance
$258,235
Cash to close
$111,119
Interest Paid
$25,323

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ductless Mini-Split
  • Heating: Boiler
Features
  • Materials: Brick/Stone, Cedar, Log Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Partial, Wood
Roof
  • Roof: Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Septic System Compliant - Yes
  • Water Source: Well
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Brick/Stone, Cedar, Log Siding
  • Roof: Asphalt
Condition
  • Year Built: 1958
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Big Lake

Financial Details

  • Price per Sqft: $163.74
  • Tax Annual Amount: $2660
  • On Market Date: 2025-02-12T00:00:00.000Z
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 $111,119 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $111,119!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$196,381
Your Cash$111,119
Total Purchase Price:$307,500

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$898/mo
Traditional @ 7.5%
$1,513/mo
You save $615/month ($7,384/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6670412

Listing From: northstar

Last updated: 2025-03-10T22:34:16.000Z

© , 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

2.89%
7.15%

Principal & Interest

$898 /mo
$1,459 /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 $111,119 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $111,119!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$196,381
Your Cash$111,119
Total Purchase Price:$307,500

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$898/mo
Traditional @ 7.5%
$1,513/mo
You save $615/month ($7,384/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

Powered By UMe.

© 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.

equal-housing

© is committed to and abides by the Fair Housing Act of Equal Opportunity.