Laura Jewett

Laura Jewett

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Closed

$250,000

($158,354 down)
FHA

242 W Eagle Lake Drive, Maple Grove, MN 55369

2
2
1,419 sqft
PITI Monthly
$982.39 /mo

Listing courtesy of: , RE/MAX Results

Assumed Rate

3.75%
7.15%

Principal & Interest

$542 /mo
$790 /mo

What's Special

SERENE
SHOPPING
SPACIOUS
DECK
MATURE TREES
WALKING TRAILS
LAKE VIEWS
CLOSE TO HIGHWAYS
AFFORDABLE

Discover an affordable townhome in a wonderful community surrounded by nature, adjacent to Eagle Lake. Features a bedroom and full bath on each level, with spacious living rooms leading to large decks that provide serene green space and seasonal lake views. Freshly painted and a brand-new water heater installed. The garage was entirely rebuilt following an insurance claim. This impressive complex offers abundant green space, mature trees, walking trails, a pool, tennis/pickleball and basketball courts, a dock, and access to Eagle Lake. Located conveniently close to highways, shopping, restaurants, and parks. This estate sale is being sold as-is, presenting a fantastic opportunity for those ready to add their personal touch. Don't miss out on this exceptional find!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.75
Remaining Loan Term
19 years, 7 months
Monthly PITI
$982.39/mo
Estimated Loan Balance
$92,408
Cash to close
$158,354
Interest Paid
$40,832

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Privacy
Roof
  • Roof: Unknown
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: Townhouse Side x Side
  • Architectural Style: Unknown
Materials
  • Wood Siding
  • Roof: Unknown
Condition
  • Year Built: 1973
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Townhouse Village At Eagle Lake 3rd Add
  • Features: None
HOA
  • Has HOA: Yes
  • HOA Name: Gassen
  • HOA Amenities: Unknown
  • HOA Fee: $323
  • HOA Frequency: $Monthly
Location
  • Region: Maple Grove

Financial Details

  • Price per Sqft: $176.18
  • Tax Annual Amount: $2492
  • On Market Date: 2024-09-23T00:00:00.000Z
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 $158,354 (63%)
You can enter any amount below - secondary financing will cover the difference if needed.
63%
$

You cover the entire equity of $158,354!

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

Loan Breakdown

Assumed Mortgage3.75% Sellers Rate
$91,646
Your Cash:$158,354
Total Purchase Price:$250,000

Assumed vs Traditional Mortgage

Assumed @ 3.75%
$542/mo
Traditional @ 7.5%
$820/mo
You save $278/month ($3,334/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6607330

Listing From: northstar

Last updated: 2024-10-25T18:53:02.000Z

© , 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

3.75%
7.15%

Principal & Interest

$542 /mo
$790 /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 $158,354 (63%)
You can enter any amount below - secondary financing will cover the difference if needed.
63%
$

You cover the entire equity of $158,354!

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

Loan Breakdown

Assumed Mortgage3.75% Sellers Rate
$91,646
Your Cash:$158,354
Total Purchase Price:$250,000

Assumed vs Traditional Mortgage

Assumed @ 3.75%
$542/mo
Traditional @ 7.5%
$820/mo
You save $278/month ($3,334/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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