Laura Jewett

Laura Jewett

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Closed

$395,000

($222,354 down)
VA

3242 County Road 157, Barnum, MN 55707

4
2
2,408 sqft
PITI Monthly
$1,184.36 /mo

Listing courtesy of: , RE/MAX Results

Assumed Rate

3.45%
7.15%

Principal & Interest

$812 /mo
$1,229 /mo

What's Special

OPEN CONCEPT
SHOPPING
DINING
SPACIOUS
MODERN
DECK
COZY

Escape to the serenity of country living with this incredible 10 acre property in Barnum, Minnesota. The picturesque property features a classic farmhouse with four spacious bedrooms and two full bathrooms, offering a perfect blend of rustic charm and modern comfort. The open concept kitchen flows into a cozy, living area, ideal for family gatherings or quiet evenings at home. Enjoy your spacious entry with landing zone, perfect for boots and snow gear. Read a good book on your covered deck, also perfect for grilling and entertaining. Many updates have already been done that exude pride in ownership. The property boasts a large shop with newly installed overhead door and plenty of space for hobbies or business. The two large, well maintained-barns, provide endless possibilities for use and storage, workshops, or livestock. Additionally, sip coffee by your private pond and make memories hosting outdoor picnics. For those interested in sustainable living, the property comes equipped with a chicken coop, allowing for fresh eggs straight from your backyard. With 10-acres of land, there is plenty of space to start your hobby farm or enjoy outdoor activities in compete privacy. Conveniently located, this property provides quiet and tranquility while still being close to downtown Barnum for easy access to schools, shopping and dining.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.45
Remaining Loan Term
26 years, 11 months
Monthly PITI
$1,184.36/mo
Estimated Loan Balance
$173,588
Cash to close
$222,354
Interest Paid
$18,788

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ductless Mini-Split
  • Heating: Baseboard, Boiler
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Septic System Compliant - Yes
  • Water Source: Well
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Unknown
Condition
  • Year Built: 1954
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Town Skelton
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Barnum

Financial Details

  • Price per Sqft: $164.04
  • Tax Annual Amount: $2666
  • On Market Date: 2024-09-15T00:00:00.000Z
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 $222,354 (56%)
You can enter any amount below - secondary financing will cover the difference if needed.
56%
$

You cover the entire equity of $222,354!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$172,646
Your Cash:$222,354
Total Purchase Price:$395,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$812/mo
Traditional @ 7.5%
$1,275/mo
You save $463/month ($5,554/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6604350

Listing From: northstar

Last updated: 2024-10-28T16:01:02.000Z

© , 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

3.45%
7.15%

Principal & Interest

$812 /mo
$1,229 /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 $222,354 (56%)
You can enter any amount below - secondary financing will cover the difference if needed.
56%
$

You cover the entire equity of $222,354!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$172,646
Your Cash:$222,354
Total Purchase Price:$395,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$812/mo
Traditional @ 7.5%
$1,275/mo
You save $463/month ($5,554/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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