Laura Jewett

Laura Jewett

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Closed

$300,000

($62,575 down)
FHA

209 7th Avenue S, Princeton, MN 55371

4
3
2,472 sqft
PITI Monthly
$1,660.86 /mo

Listing courtesy of: , Rocket Realty

Assumed Rate

2.39%
7.15%

Principal & Interest

$1,002 /mo
$1,738 /mo

What's Special

DINING

This classic mid century 1950 built home offers you all the characteristics and charm you desire! With four bedrooms and great spaces through out this home, you have the space and place you are looking for! The home boasts two bedrooms up and two main floor bedrooms. Fully functional kitchen space with an informal dining area, sitting room and a back 3 season porch of the back of the home. Large lower level family room gives you a great space to get away and relax. This home sets beautifully on a nice city lot and gives you the warmth and comfort you have been looking for!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.39
Remaining Loan Term
26 years, 2 months
Monthly PITI
$1,660.86/mo
Estimated Loan Balance
$250,815
Cash to close
$62,575
Interest Paid
$22,530

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Shake Siding, Wood Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Family Room, Gas, Living Room, Wood Burning
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Age 8 Years or Less
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • 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
  • Shake Siding, Wood Siding
  • Roof: Age 8 Years or Less
Condition
  • Year Built: 1950
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Caters Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Princeton

Financial Details

  • Price per Sqft: $121.36
  • Tax Annual Amount: $3922
  • On Market Date: 2024-07-24T00:00:00.000Z
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 $62,575 (21%)
You can enter any amount below - secondary financing will cover the difference if needed.
21%
$

You cover the entire equity of $62,575!

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

Loan Breakdown

Assumed Mortgage2.39% Sellers Rate
$237,425
Your Cash$62,575
Total Purchase Price:$300,000

Assumed vs Traditional Mortgage

Assumed @ 2.39%
$1,002/mo
Traditional @ 7.5%
$1,802/mo
You save $800/month ($9,606/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6574850

Listing From: northstar

Last updated: 2024-11-19T22:19:02.000Z

© , 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

2.39%
7.15%

Principal & Interest

$1,002 /mo
$1,738 /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 $62,575 (21%)
You can enter any amount below - secondary financing will cover the difference if needed.
21%
$

You cover the entire equity of $62,575!

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

Loan Breakdown

Assumed Mortgage2.39% Sellers Rate
$237,425
Your Cash$62,575
Total Purchase Price:$300,000

Assumed vs Traditional Mortgage

Assumed @ 2.39%
$1,002/mo
Traditional @ 7.5%
$1,802/mo
You save $800/month ($9,606/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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