Laura Jewett

Laura Jewett

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Closed

$229,000

($29,849 down)
VA

302 Sherwood Avenue N, Thief River Falls, MN 56701

2
2
2,196 sqft
PITI Monthly
$1,284.62 /mo

Listing courtesy of: , Savvy Avenue, LLC

Assumed Rate

3.07%
7.15%

Principal & Interest

$900 /mo
$1,428 /mo

What's Special

LOCATION
SPACIOUS
DECK

Open to assumed mortgage which will save you thousands at a rate so low you will never see again. Well kept single-family home is in a quiet child friendly location. Features 2 bedrooms, 2 bathrooms, and 2 car garage. With a total finished area of 2,196 sq.ft., large deck with pergola, and a spacious lot size of 20,909 sq.ft (.483 acres). This property offers plenty of outdoor space for comfortable living near nature. Opportunity to add value by adding egress windows to the two finished rooms in the basement to make this a 4 bedroom house. Large 30x60’ fenced garden area for filling the included upright freezer. Yard has apple trees, elderberry, raspberry, asparagus, strawberries, seaberry, gooseberry, honeyberry. Move right in and make this place your own!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.07
Remaining Loan Term
26 years, 8 months
Monthly PITI
$1,284.62/mo
Estimated Loan Balance
$200,702
Cash to close
$29,849
Interest Paid
$20,902

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Baseboard, Forced Air
Features
  • Materials: Fiber Board
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Wire
Roof
  • Roof: Asphalt
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
  • Fiber Board
  • Roof: Asphalt
Condition
  • Year Built: 1969
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Thief River Falls

Financial Details

  • Price per Sqft: $104.28
  • Tax Annual Amount: $2820
  • On Market Date: 2024-09-06T00:00:00.000Z
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 $29,849 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $29,849!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$199,151
Your Cash$29,849
Total Purchase Price:$229,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$900/mo
Traditional @ 7.5%
$1,482/mo
You save $582/month ($6,984/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6598739

Listing From: northstar

Last updated: 2024-12-03T03:32:02.000Z

© , 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

3.07%
7.15%

Principal & Interest

$900 /mo
$1,428 /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 $29,849 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $29,849!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$199,151
Your Cash$29,849
Total Purchase Price:$229,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$900/mo
Traditional @ 7.5%
$1,482/mo
You save $582/month ($6,984/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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