Laura Jewett

Laura Jewett

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

$499,900

($174,235 down)
FHA

23963 State Highway 18, Deerwood, MN 56444

3
3
2,176 sqft
PITI Monthly
$2,077.52 /mo

Listing courtesy of: , eXp Realty

Assumed Rate

3.07%
7.15%

Principal & Interest

$1,483 /mo
$2,354 /mo

What's Special

SPACIOUS

This beautifully maintained home offers 3 spacious bedrooms, 3 baths, and sits on a 15.5-acre lot, providing the perfect blend of comfort and nature. Enjoy the convenience of one-level living, including a heated attached garage and a man cave in the garage for your hobbies. The property also features a newer beautiful 30x50 pole barn, along with a storage shed for even more storage needs. Inside, you'll find stunning stone countertops that add elegance to the well-designed living spaces. Step outside and explore the natural beauty of the property, with a walkable path leading to the lake, complete with a permanent waterfowl blind – a true haven for outdoor lovers. Rice Lake is a Waterfowl Management Area for the DNR. Whether you're a hunter, nature lover, or just someone who enjoys the outdoors, this home is a paradise. Just a short 10-minute drive to MilleLacs and the Bay Lake area lakes. Don’t miss out on this rare opportunity to own a well-maintained property that truly offers something for everyone!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.07
Remaining Loan Term
26 years, 9 months
Monthly PITI
$2,077.52/mo
Estimated Loan Balance
$326,313
Cash to close
$174,235
Interest Paid
$33,622

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Boiler, Forced Air, Radiant Floor
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Architectural Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 10
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Mound Septic, Private Sewer, Tank with Drainage Field
  • Water Source: Submersible - 4 Inch, Drilled, Private, Well
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Architectural Shingle
Condition
  • Year Built: 2003
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: No Stairs Internal, Partially Wheelchair
HOA
  • Has HOA: No
Location
  • Region: Deerwood

Financial Details

  • Price per Sqft: $229.73
  • Tax Annual Amount: $2174
  • On Market Date: 2025-02-13T00:00:00.000Z
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 $174,235 (35%)
You can enter any amount below - secondary financing will cover the difference if needed.
35%
$

You cover the entire equity of $174,235!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$325,665
Your Cash$174,235
Total Purchase Price:$499,900

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$1,483/mo
Traditional @ 7.5%
$2,442/mo
You save $959/month ($11,511/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6653333

Listing From: northstar

Last updated: 2025-03-05T18:22:03.000Z

© , 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

3.07%
7.15%

Principal & Interest

$1,483 /mo
$2,354 /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 $174,235 (35%)
You can enter any amount below - secondary financing will cover the difference if needed.
35%
$

You cover the entire equity of $174,235!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$325,665
Your Cash$174,235
Total Purchase Price:$499,900

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$1,483/mo
Traditional @ 7.5%
$2,442/mo
You save $959/month ($11,511/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.