Laura Jewett

Laura Jewett

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Closed

$400,000

($139,444 down)
FHA

2516 E 125th Street, Burnsville, MN 55337

5
2
2,232 sqft
PITI Monthly
$2,193.26 /mo

Listing courtesy of: , TheMLSonline.com, Inc.

Assumed Rate

4.47%
7.15%

Principal & Interest

$1,488 /mo
$1,991 /mo

What's Special

MOVE-IN READY
MODERN
DECK
CHARMING

Charming and move-in ready, this updated single-family home offers a perfect blend of comfort and functionality. Featuring an oversized 2-car garage with an additional workshop/storage area. The beautifully updated kitchen and bathrooms provide a modern touch, complemented by brand-new carpet throughout. Step outside to enjoy the expansive, fenced-in backyard with a huge deck—perfect for outdoor entertaining or relaxing in privacy. Additional highlights include a brand-new washer and dryer. Don’t miss this opportunity to own a home that has it all!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.47
Remaining Loan Term
23 years, 2 months
Monthly PITI
$2,193.26/mo
Estimated Loan Balance
$262,097
Cash to close
$139,444
Interest Paid
$84,692

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Family Room, Gas
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Full, Wood
Roof
  • Roof: Age Over 8 Years
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
  • Vinyl Siding
  • Roof: Age Over 8 Years
Condition
  • Year Built: 1978
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Burnsville

Financial Details

  • Price per Sqft: $179.21
  • Tax Annual Amount: $4154
  • On Market Date: 2024-10-16T00:00:00.000Z
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 $139,444 (35%)
You can enter any amount below - secondary financing will cover the difference if needed.
35%
$

You cover the entire equity of $139,444!

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

Loan Breakdown

Assumed Mortgage4.47% Sellers Rate
$260,556
Your Cash$139,444
Total Purchase Price:$400,000

Assumed vs Traditional Mortgage

Assumed @ 4.47%
$1,488/mo
Traditional @ 7.5%
$2,065/mo
You save $577/month ($6,922/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6609942

Listing From: northstar

Last updated: 2025-01-07T22:15:02.000Z

© , 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

4.47%
7.15%

Principal & Interest

$1,488 /mo
$1,991 /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 $139,444 (35%)
You can enter any amount below - secondary financing will cover the difference if needed.
35%
$

You cover the entire equity of $139,444!

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

Loan Breakdown

Assumed Mortgage4.47% Sellers Rate
$260,556
Your Cash$139,444
Total Purchase Price:$400,000

Assumed vs Traditional Mortgage

Assumed @ 4.47%
$1,488/mo
Traditional @ 7.5%
$2,065/mo
You save $577/month ($6,922/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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