Laura Jewett

Laura Jewett

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Closed

$440,000

($263,800 down)
FHA

20994 Hyacinth Avenue, Lakeville, MN 55044

5
3
2,652 sqft
PITI Monthly
$2,182.21 /mo

Listing courtesy of: , RE/MAX Results

Assumed Rate

5.5%
7.15%

Principal & Interest

$1,450 /mo
$1,725 /mo

What's Special

DINING
SPACIOUS
DECK

A wonderful split entry home located in Lakeville (Lakeville Schools). The main level features living and formal dining rooms, a kitchen that is open to the dining room, a full bath, three bedrooms, an updated owners bath and an additional full bath. These is also a walk-in hall closet and pantry in the kitchen. The lower levels has a spacious family room that opens to the backyard, two bedrooms, a 3/4 bath and laundry/mechanical room. There is storage under the front foyer. The half acre yard is fenced, has a shed, features a 4 1/2 foot deep pool to enjoy during the hot summers days, and a beautiful two-tier maintenance -free deck. Located on a corner lot, has many updates like owners bath and a spacious three car garage. Close to downtown Lakeville with all the shops and restaurants it offers.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.5
Remaining Loan Term
14 years, 3 months
Monthly PITI
$2,182.21/mo
Estimated Loan Balance
$234,355
Cash to close
$263,800
Interest Paid
$190,316

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Aluminum Siding, Brick/Stone
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Wire, Wood
Roof
  • Roof: Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Pool
  • Has Pool: No
  • Pool Features: Above Ground, Outdoor Pool

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Aluminum Siding, Brick/Stone
  • Roof: Asphalt
Condition
  • Year Built: 2000
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Marion Fields
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Lakeville

Financial Details

  • Price per Sqft: $165.91
  • Tax Annual Amount: $4814
  • On Market Date: 2024-08-23T00:00:00.000Z
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 $263,800 (60%)
You can enter any amount below - secondary financing will cover the difference if needed.
60%
$

You cover the entire equity of $263,800!

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

Loan Breakdown

Assumed Mortgage5.5% Sellers Rate
$176,200
Your Cash:$263,800
Total Purchase Price:$440,000

Assumed vs Traditional Mortgage

Assumed @ 5.5%
$1,450/mo
Traditional @ 7.5%
$1,789/mo
You save $339/month ($4,070/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6591456

Listing From: northstar

Last updated: 2024-10-28T19:17:02.000Z

© , 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

5.5%
7.15%

Principal & Interest

$1,450 /mo
$1,725 /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 $263,800 (60%)
You can enter any amount below - secondary financing will cover the difference if needed.
60%
$

You cover the entire equity of $263,800!

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

Loan Breakdown

Assumed Mortgage5.5% Sellers Rate
$176,200
Your Cash:$263,800
Total Purchase Price:$440,000

Assumed vs Traditional Mortgage

Assumed @ 5.5%
$1,450/mo
Traditional @ 7.5%
$1,789/mo
You save $339/month ($4,070/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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