Laura Jewett

Laura Jewett

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Closed

$244,900

($71,732 down)
FHA

303 12th Street N, Moorhead, MN 56560

4
2
3,070 sqft
PITI Monthly
$1,342.44 /mo

Listing courtesy of: , Trilogy Real Estate

Assumed Rate

2.83%
7.15%

Principal & Interest

$781 /mo
$1,279 /mo

What's Special

SPACIOUS
HARDWOOD FLOORS
FENCED YARD
MATURE TREES

Looking for a spacious, updated home in a tranquil North Moorhead neighborhood filled with mature trees? This is the perfect house for you! This distinctive 3,070 sq ft residence offers plenty of room and the potential for additional income with a basement apartment that features its own entrance. Some of the many highlights of this home include steel siding, hardwood floors, a main floor laundry room, an office that can serve as a fifth bedroom, and an additional laundry area in the basement. You'll also find a large storage shed on a full cement slab, a fully fenced yard and ample storage options. You have the flexibility to either enjoy the entire home or rent out the basement. This property is not just a drive-by; you need to see it in person to truly appreciate all that it has to offer!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.83
Remaining Loan Term
25 years, 8 months
Monthly PITI
$1,342.44/mo
Estimated Loan Balance
$175,019
Cash to close
$71,732
Interest Paid
$22,139

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Metal Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Architectural Shingle
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
  • Metal Siding
  • Roof: Architectural Shingle
Condition
  • Year Built: 1949
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Bruns 1st Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Moorhead

Financial Details

  • Price per Sqft: $79.77
  • Tax Annual Amount: $3324
  • On Market Date: 2024-09-25T00:00:00.000Z
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 $71,732 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $71,732!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$173,168
Your Cash$71,732
Total Purchase Price:$244,900

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$781/mo
Traditional @ 7.5%
$1,327/mo
You save $546/month ($6,548/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6607992

Listing From: northstar

Last updated: 2025-02-24T19:22:02.000Z

© , 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

2.83%
7.15%

Principal & Interest

$781 /mo
$1,279 /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 $71,732 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $71,732!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$173,168
Your Cash$71,732
Total Purchase Price:$244,900

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$781/mo
Traditional @ 7.5%
$1,327/mo
You save $546/month ($6,548/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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