Laura Jewett

Laura Jewett

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Closed

$300,000

($180,947 down)
FHA

3007 Grand Street NE, Minneapolis, MN 55418

3
2
1,482 sqft
PITI Monthly
$1,520.57 /mo

Listing courtesy of: , Anderson Realty

Assumed Rate

3.88%
7.15%

Principal & Interest

$866 /mo
$1,243 /mo

What's Special

DINING
SPACIOUS
FINISHED BASEMENT

Classic Craftsman located in the Marshall Terrace neighborhood of NE Minneapolis - This light and bright 1.5 story home has many features you will love! Walk through the front porch into an open and spacious living room with beautiful HW floors, original woodwork and spacious dining room. There is a large bedroom and full bathroom on the main floor. The kitchen boasts handsome shaker cabinets, quartz counter tops and SS appliances. The upstairs contains two bedrooms an and a full bathroom. There is plenty of room to expand in the open and clean unfinished basement. Tucked away in this quiet and secluded NE Minneapolis neighborhood you will love convenient access to many breweries, trails and the Mississippi River. Come check this one out today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.88
Remaining Loan Term
19 years, 3 months
Monthly PITI
$1,520.57/mo
Estimated Loan Balance
$144,453
Cash to close
$180,947
Interest Paid
$68,456

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age Over 8 Years, Asphalt
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
  • Roof: Age Over 8 Years, Asphalt
Condition
  • Year Built: 1921
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $202.43
  • Tax Annual Amount: $4487
  • On Market Date: 2024-07-25T00:00:00.000Z
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 $180,947 (60%)
You can enter any amount below - secondary financing will cover the difference if needed.
60%
$

You cover the entire equity of $180,947!

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

Loan Breakdown

Assumed Mortgage3.88% Sellers Rate
$119,053
Your Cash:$180,947
Total Purchase Price:$300,000

Assumed vs Traditional Mortgage

Assumed @ 3.88%
$866/mo
Traditional @ 7.5%
$1,290/mo
You save $424/month ($5,083/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6575304

Listing From: northstar

Last updated: 2024-10-10T16:10:02.000Z

© , 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

3.88%
7.15%

Principal & Interest

$866 /mo
$1,243 /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 $180,947 (60%)
You can enter any amount below - secondary financing will cover the difference if needed.
60%
$

You cover the entire equity of $180,947!

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

Loan Breakdown

Assumed Mortgage3.88% Sellers Rate
$119,053
Your Cash:$180,947
Total Purchase Price:$300,000

Assumed vs Traditional Mortgage

Assumed @ 3.88%
$866/mo
Traditional @ 7.5%
$1,290/mo
You save $424/month ($5,083/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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