Laura Jewett

Laura Jewett

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Closed

$175,000

($127,774 down)
FHA

2901 Knox Avenue N, Minneapolis, MN 55411

2
1
621 sqft
PITI Monthly
$569.37 /mo

Listing courtesy of: , Realty Group, LLC

Assumed Rate

3.25%
7.15%

Principal & Interest

$267 /mo
$414 /mo

What's Special

REMODELED
DINING
MODERN
HARDWOOD FLOORS
FIREPLACE
DECK
COZY

Imagine a house full of century-old charm highlighted with thoughtful upgrades. It’s got old, new, and fun rolled into one. The great hardwood floors, built-in buffet, and fireplace reflect the era in which they were made, as does the complete remodeled kitchen (2022–2023): Stainless-steel appliances, quartz countertops, and crazy deep sink? Check, check, and check. And look at the cool star tile on the floor. The bathroom got an upgrade this year as well, leaving the shower decked out in large subway tile to the ceiling and featuring a niche (no more shower caddy hanging from the shower head). The house got a new roof in 2024 and the furnace in 2021. Deck in 2017, Exterior paint in 2021. Plus, the abundance of windows paired with being on a corner lot means tons of sunlight—good for plants and one’s spirit. Having a small house doesn’t mean you live small. Work from home in the second bedroom/sunroom. Host dinner with a few friends in the formal dining room. Enjoy a beverage on the deck as you gaze at the backyard. About the yard, well, can one have too many flowers? (Silly question, definitely not). Dozens of perennials liven up the lot front and back and extend to the boulevards. Also, just across the street is a pond where you can enjoy a walk and observe the changing seasons. If you’re looking for a place to call home that showcases traditional and modern elements, is cute and cozy, and has the garden you’ve always wanted (no gardening experience needed), here it is. Welcome to 2901 Knox Ave. N.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.25
Remaining Loan Term
19 years, 7 months
Monthly PITI
$569.37/mo
Estimated Loan Balance
$47,641
Cash to close
$127,774
Interest Paid
$18,402

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Stucco, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Living Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Composite, Partial, Wood
Roof
  • Roof: Age 8 Years or Less, Asphalt, Pitched
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: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Stucco, Vinyl Siding
  • Roof: Age 8 Years or Less, Asphalt, Pitched
Condition
  • Year Built: 1917
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $281.8
  • Tax Annual Amount: $1306
  • On Market Date: 2024-10-14T00:00:00.000Z
Inquire about this property

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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 $127,774 (73%)
You can enter any amount below - secondary financing will cover the difference if needed.
73%
$

You cover the entire equity of $127,774!

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

Loan Breakdown

Assumed Mortgage3.25% Sellers Rate
$47,226
Your Cash:$127,774
Total Purchase Price:$175,000

Assumed vs Traditional Mortgage

Assumed @ 3.25%
$267/mo
Traditional @ 7.5%
$430/mo
You save $163/month ($1,954/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6617899

Listing From: northstar

Last updated: 2024-11-01T02:28:03.000Z

© , 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

3.25%
7.15%

Principal & Interest

$267 /mo
$414 /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 $127,774 (73%)
You can enter any amount below - secondary financing will cover the difference if needed.
73%
$

You cover the entire equity of $127,774!

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

Loan Breakdown

Assumed Mortgage3.25% Sellers Rate
$47,226
Your Cash:$127,774
Total Purchase Price:$175,000

Assumed vs Traditional Mortgage

Assumed @ 3.25%
$267/mo
Traditional @ 7.5%
$430/mo
You save $163/month ($1,954/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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