Laura Jewett

Laura Jewett

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$390,000

($35,693 down)
VA

3243 Grand Avenue S, Minneapolis, MN 55408

N/A
N/A
1,920 sqft
PITI Monthly
$2,391.15 /mo

Listing courtesy of: , Sundial Realty

Assumed Rate

3.61%
7.15%

Principal & Interest

$1,813 /mo
$2,691 /mo

What's Special

HARDWOOD FLOORS
CHARMING
COZY
AFFORDABLE

Charming and affordable opportunity for an owner occupant or an investor. Don't miss this opportunity for a 4 car garage in the city-what a find! Cute and cozy units, both have a sunlit porch/sun room with updated kitchens and baths, as well as gorgeous hardwood floors. Enjoy spending time in the welcoming backyard with firepit area. New siding and roof within the last 12 months. Current lease for upstairs unit terminates on 05/31/25. Close to Uptown and freeway access.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.61
Remaining Loan Term
24 years, 7 months
Monthly PITI
$2,391.15/mo
Estimated Loan Balance
$355,795
Cash to close
$35,693
Interest Paid
$73,798

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: Unknown
  • Heating: Hot Water
Features
  • Materials: Aluminum Siding, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 4
  • 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: Duplex Up and Down
  • Architectural Style: Unknown
Materials
  • Aluminum Siding, Stucco
  • Roof: Asphalt
Condition
  • Year Built: 1884
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $203.13
  • Tax Annual Amount: $5132
  • On Market Date: 2025-04-02T00:00:00.000Z
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 $35,693 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $35,693!

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

Loan Breakdown

Assumed Mortgage3.61% Sellers Rate
$354,307
Your Cash$35,693
Total Purchase Price:$390,000

Assumed vs Traditional Mortgage

Assumed @ 3.61%
$1,813/mo
Traditional @ 7.5%
$2,791/mo
You save $978/month ($11,730/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6695577

Listing From: northstar

Last updated: 2025-04-03T10:05:06.000Z

© , 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

3.61%
7.15%

Principal & Interest

$1,813 /mo
$2,691 /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 $35,693 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $35,693!

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

Loan Breakdown

Assumed Mortgage3.61% Sellers Rate
$354,307
Your Cash$35,693
Total Purchase Price:$390,000

Assumed vs Traditional Mortgage

Assumed @ 3.61%
$1,813/mo
Traditional @ 7.5%
$2,791/mo
You save $978/month ($11,730/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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