Laura Jewett

Laura Jewett

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Pending

$425,000

($76,809 down)
FHA

2700 Knox Avenue N, Minneapolis, MN 55411

3
2
3,078 sqft
PITI Monthly
$2,491.19 /mo

Listing courtesy of: , Keller Williams Classic Rlty NW

Assumed Rate

3.08%
7.15%

Principal & Interest

$1,610 /mo
$2,553 /mo

What's Special

DINING
SPACIOUS
MODERN
HARDWOOD FLOORS
FIREPLACE
SOAKING TUB
DECK
PATIO

Welcome to this beautifully updated home, where classic charm meets modern convenience! This stunning 3 bedroom, 2 bath, two story invites you in with sun-filled living spaces, gleaming hardwood floors and elegant finishes throughout. A gorgeous penny tiled faced gas fireplace is the perfect focal point in the spacious living room, perfect for entertaining or relaxing nights in! Functionality and a contemporary style shows in the beautifully updated kitchen with heated slate flooring, stainless appliances, quartz countertops and center island! A formal dining room with custom corner built ins, versatile sunroom, mudroom and half bath complete the main level. Open staircase with center hallway leads to three bedrooms including a large primary bedroom with an office, double closets, sitting area and walk thru to the enlarged full bath with claw foot soaking tub and rain shower. Lower level offers a great family room, flex area, laundry and storage! Bonus storage in the 20x30 detached garage with walk up attic space. Don't miss the maintenance free deck of the back of the home, patio, fire pit and fenced in yard! This is truly a home that encompasses tasteful modern updates, warmth and a timeless appeal that is unmatched! Hurry today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.08
Remaining Loan Term
26 years, 1 months
Monthly PITI
$2,491.19/mo
Estimated Loan Balance
$349,618
Cash to close
$76,809
Interest Paid
$43,748

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Fireplace(s)
Features
  • Materials: Brick/Stone, Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Full
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: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Brick/Stone, Stucco
  • Roof: Age Over 8 Years
Condition
  • Year Built: 1926
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Dr Willits Sub
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Minneapolis

Financial Details

  • Price per Sqft: $138.08
  • Tax Annual Amount: $5564
  • On Market Date: 2025-01-13T00:00:00.000Z
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 $76,809 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $76,809!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$348,191
Your Cash$76,809
Total Purchase Price:$425,000

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$1,610/mo
Traditional @ 7.5%
$2,648/mo
You save $1,038/month ($12,457/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6643391

Listing From: northstar

Last updated: 2025-01-28T23:00:02.000Z

© , 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

3.08%
7.15%

Principal & Interest

$1,610 /mo
$2,553 /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 $76,809 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $76,809!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$348,191
Your Cash$76,809
Total Purchase Price:$425,000

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$1,610/mo
Traditional @ 7.5%
$2,648/mo
You save $1,038/month ($12,457/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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