Laura Jewett

Laura Jewett

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Closed

$228,000

($95,482 down)
FHA

313 16th Avenue SE, Saint Cloud, MN 56304

3
2
1,862 sqft
PITI Monthly
$1,135.51 /mo

Listing courtesy of: , Shrewd Real Estate

Assumed Rate

3.77%
7.15%

Principal & Interest

$688 /mo
$1,001 /mo

What's Special

DINING
FIREPLACE
MATURE TREES
COZY

This home has been well cared for and is sure to please! Three bedrooms on the main level, along with an open floor plan connecting living, dining, and kitchen. Lots of natural light and old school charm like arched doorways and natural woodwork. Lower level of the home has a giant family room (25x22) with loads of storage space and closets, plus a gas fireplace to keep you cozy. Lower level also has the laundry room, utilities, 1/2 bath. Two stall attached garage is such a perk in the winter! The exterior of the home is metal, so no maintenance needs to worry about. The furnace and air conditioner were updated in 2019, so only 6 years old. The backyard is fully fenced in with a beautiful decorative wire fence. Enjoy some shade from the mature trees, but also plenty of space to stretch out, have some gardens and of course to run and play. BONUS: a private well for all your lawn/garden watering needs! Line up a showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.77
Remaining Loan Term
24 years, 6 months
Monthly PITI
$1,135.51/mo
Estimated Loan Balance
$134,132
Cash to close
$95,482
Interest Paid
$29,138

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Metal Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Family Room, Gas
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Full, Other, Wire
Roof
  • Roof: Age Over 8 Years, Asphalt, Pitched
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: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Metal Siding
  • Roof: Age Over 8 Years, Asphalt, Pitched
Condition
  • Year Built: 1959
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Woodland Hills
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Saint Cloud

Financial Details

  • Price per Sqft: $122.45
  • Tax Annual Amount: $2306
  • On Market Date: 2025-02-06T00:00:00.000Z
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 $95,482 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $95,482!

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

Loan Breakdown

Assumed Mortgage3.77% Sellers Rate
$132,518
Your Cash$95,482
Total Purchase Price:$228,000

Assumed vs Traditional Mortgage

Assumed @ 3.77%
$688/mo
Traditional @ 7.5%
$1,039/mo
You save $350/month ($4,205/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6657624

Listing From: northstar

Last updated: 2025-03-11T14:36:03.000Z

© , 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

3.77%
7.15%

Principal & Interest

$688 /mo
$1,001 /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 $95,482 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $95,482!

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

Loan Breakdown

Assumed Mortgage3.77% Sellers Rate
$132,518
Your Cash$95,482
Total Purchase Price:$228,000

Assumed vs Traditional Mortgage

Assumed @ 3.77%
$688/mo
Traditional @ 7.5%
$1,039/mo
You save $350/month ($4,205/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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