Laura Jewett

Laura Jewett

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Closed

$305,000

($159,514 down)
FHA

2820 Garfield Avenue, Minneapolis, MN 55408

3
3
1,687 sqft
PITI Monthly
$1,476.14 /mo

Listing courtesy of: , Edina Realty, Inc.

Assumed Rate

3.75%
7.15%

Principal & Interest

$924 /mo
$1,348 /mo

What's Special

SPACIOUS
MOVE-IN READY
RENOVATED
GRANITE COUNTERTOPS
FIREPLACE
PATIO
CHARMING

Welcome home to this move-in ready two-story in Whittier! This charming property boasts original oak floors with cherry accents, soaring ceilings, and a renovated kitchen equipped with stainless steel appliances, granite countertops, backsplash, and custom cabinetry. Upstairs, you'll find two bedrooms and a spacious updated 3/4 bath featuring radiant heated flooring. Additional highlights include a third bedroom and versatile office or flex room on the main floor, original fireplace with carved mantle & surround, updated windows, a private, fully fenced backyard with a patio, an attached one-car garage, a sizeable front porch, and new hot water heater in 2024. Located in the Uptown area in the Whittier neighborhood within walking distance to Lake of the Isles & Bde Maka Ska, Eat Street, parks, restaurants, coffee shops, grocery stores, Greenway trail, and more. Schedule your tour today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.75
Remaining Loan Term
17 years, 7 months
Monthly PITI
$1,476.14/mo
Estimated Loan Balance
$146,421
Cash to close
$159,514
Interest Paid
$80,786

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Radiant
Features
  • Materials: Fiber Cement
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Brick, Living Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Full, Other, Privacy, Wood
Roof
  • Roof: Age 8 Years or Less, Asphalt, Flat
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • 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
  • Fiber Cement
  • Roof: Age 8 Years or Less, Asphalt, Flat
Condition
  • Year Built: 1884
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Haywoods Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Minneapolis

Financial Details

  • Price per Sqft: $180.79
  • Tax Annual Amount: $3126
  • On Market Date: 2024-09-16T00:00:00.000Z
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 $159,514 (52%)
You can enter any amount below - secondary financing will cover the difference if needed.
52%
$

You cover the entire equity of $159,514!

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

Loan Breakdown

Assumed Mortgage3.75% Sellers Rate
$145,486
Your Cash:$159,514
Total Purchase Price:$305,000

Assumed vs Traditional Mortgage

Assumed @ 3.75%
$924/mo
Traditional @ 7.5%
$1,398/mo
You save $474/month ($5,687/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6599419

Listing From: northstar

Last updated: 2024-10-22T15:54:02.000Z

© , 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

3.75%
7.15%

Principal & Interest

$924 /mo
$1,348 /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 $159,514 (52%)
You can enter any amount below - secondary financing will cover the difference if needed.
52%
$

You cover the entire equity of $159,514!

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

Loan Breakdown

Assumed Mortgage3.75% Sellers Rate
$145,486
Your Cash:$159,514
Total Purchase Price:$305,000

Assumed vs Traditional Mortgage

Assumed @ 3.75%
$924/mo
Traditional @ 7.5%
$1,398/mo
You save $474/month ($5,687/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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