Laura Jewett

Laura Jewett

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Closed

$675,000

($160,941 down)
VA

23505 Gracewood Drive, Park Rapids, MN 56470

3
2
2,500 sqft
PITI Monthly
$2,474.4 /mo

Listing courtesy of: , Coldwell Banker Crown Realtors

Assumed Rate

2.84%
7.15%

Principal & Interest

$2,264 /mo
$3,703 /mo

What's Special

CUSTOM BUILT
GRANITE COUNTERTOPS
TURNKEY

You will have that HOME feeling the second you walk into this TOTALLY redone Beden Lake home. The attention to detail and craftsmanship are unmatched throughout this 3-bedroom, 2 bath, 2700 square foot home. It starts with a great kitchen featuring top of the line custom built Cherry cabinetry, granite countertops and stainless-steel appliances. The bathrooms have all custom-built cabinetry and granite. Throughout the home is rustic oak hardwood flooring and tile. No expense has been spared with this home, even the mechanicals are all new including the furnace, water heater, pump, water softener, Kinetico water system, and new eaves. All the hard work has been done so that you can relax and enjoy your 19+ acre sanctuary with 600 feet of lakeshore on Beden Lake. You can roast marshmallows at the new firepit or use some of your "up north" toys that you can store in the 24x40 shop that has all new cement and lighting. Being sold as turnkey with the top of line Ashley furniture included.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.84
Remaining Loan Term
26 years, 7 months
Monthly PITI
$2,474.4/mo
Estimated Loan Balance
$515,105
Cash to close
$160,941
Interest Paid
$51,263

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Dual, Forced Air, Heat Pump
Features
  • Materials: Brick/Stone
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Age Over 8 Years, Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Tank with Drainage Field
  • Water Source: Well
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Brick/Stone
  • Roof: Age Over 8 Years, Asphalt
Condition
  • Year Built: 1982
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Park Rapids

Financial Details

  • Price per Sqft: $270
  • Tax Annual Amount: $520
  • On Market Date: 2024-05-09T00:00:00.000Z
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 $160,941 (24%)
You can enter any amount below - secondary financing will cover the difference if needed.
24%
$

You cover the entire equity of $160,941!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$514,059
Your Cash$160,941
Total Purchase Price:$675,000

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$2,264/mo
Traditional @ 7.5%
$3,841/mo
You save $1,577/month ($18,919/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6532820

Listing From: northstar

Last updated: 2024-07-26T17:18:02.000Z

© , 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

2.84%
7.15%

Principal & Interest

$2,264 /mo
$3,703 /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 $160,941 (24%)
You can enter any amount below - secondary financing will cover the difference if needed.
24%
$

You cover the entire equity of $160,941!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$514,059
Your Cash$160,941
Total Purchase Price:$675,000

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$2,264/mo
Traditional @ 7.5%
$3,841/mo
You save $1,577/month ($18,919/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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