Laura Jewett

Laura Jewett

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Closed

$399,900

($242,521 down)
VA

23829 Bulrush Drive, Merrifield, MN 56465

3
2
1,674 sqft
PITI Monthly
$863.92 /mo

Listing courtesy of: , Headwaters Realty Services

Assumed Rate

2.81%
7.15%

Principal & Interest

$699 /mo
$1,148 /mo

What's Special

WATERFRONT

Welcome to your lakeside retreat! Enjoy 100 feet of lovely waterfront! Nestled on a lovely wooded, 2.5 acre lot, this property is ideal for watersports, swimming, boating, skiing, fishing, and more. Stunning 2500-acre lake. Enjoy breathtaking views and a level lot perfect for all your outdoor activities. The home features single-level living with 3 bedrooms and 2 full bathrooms. Walk thru closet. Large primary bathroom suite. Modular home on a full block foundation and a concrete floor in the crawl space. Very Large oversized 2 car garage. Conveniently located just 2.5 hours from Minneapolis and St. Paul, close to Brainerd and Nisswa, you’ll have the best of both worlds – tranquility and accessibility. Are you ready to embrace lake life? Seize this opportunity to own a piece of paradise!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.81
Remaining Loan Term
26 years, 0 months
Monthly PITI
$863.92/mo
Estimated Loan Balance
$173,695
Cash to close
$242,521
Interest Paid
$18,283

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: Yes
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age Over 8 Years
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Mound Septic
  • Water Source: Private
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Age Over 8 Years
Condition
  • Year Built: 2002
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: No Stairs Internal
HOA
  • Has HOA: No
Location
  • Region: Merrifield

Financial Details

  • Price per Sqft: $238.89
  • Tax Annual Amount: $174
  • On Market Date: 2024-07-11T00:00:00.000Z
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 $242,521 (61%)
You can enter any amount below - secondary financing will cover the difference if needed.
61%
$

You cover the entire equity of $242,521!

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

Loan Breakdown

Assumed Mortgage2.81% Sellers Rate
$157,379
Your Cash:$242,521
Total Purchase Price:$399,900

Assumed vs Traditional Mortgage

Assumed @ 2.81%
$699/mo
Traditional @ 7.5%
$1,191/mo
You save $492/month ($5,899/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6567979

Listing From: northstar

Last updated: 2024-08-14T20:54:02.000Z

© , 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

2.81%
7.15%

Principal & Interest

$699 /mo
$1,148 /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 $242,521 (61%)
You can enter any amount below - secondary financing will cover the difference if needed.
61%
$

You cover the entire equity of $242,521!

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

Loan Breakdown

Assumed Mortgage2.81% Sellers Rate
$157,379
Your Cash:$242,521
Total Purchase Price:$399,900

Assumed vs Traditional Mortgage

Assumed @ 2.81%
$699/mo
Traditional @ 7.5%
$1,191/mo
You save $492/month ($5,899/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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