Laura Jewett

Laura Jewett

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Closed

$279,900

($133,188 down)
VA

328 Stoltzman Road, Mankato, MN 56001

4
2
2,028 sqft
PITI Monthly
$1,221.85 /mo

Listing courtesy of: , True Real Estate

Assumed Rate

3.84%
7.15%

Principal & Interest

$856 /mo
$1,234 /mo

What's Special

INVESTORS
SHOPPING
DINING
MOVE-IN READY

This versatile 4-bedroom, 2-bathroom home offers the perfect combination of space, convenience and investment potential. Ideally located in Mankato, just minutes from nature, schools and shopping. This property provides easy access to everything you need. Whether you’re looking for a home or a great opportunity to rent out part of the home, the layout makes it easy to function as a duplex. Each level has its own living area, with two kitchens and plenty of room for separate tenants. The current rental license adds immediate value for investors looking to generate income. The fenced-in backyard is perfect enjoying outdoor living. The two-stall attached garage provides convenient parking and extra storage space. With well-maintained interiors, this home is move-in ready. Don’t miss this opportunity to own a property near the University, local schools, and the city’s shopping and dining!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.84
Remaining Loan Term
20 years, 3 months
Monthly PITI
$1,221.85/mo
Estimated Loan Balance
$147,480
Cash to close
$133,188
Interest Paid
$61,745

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Full
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: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Fiber Cement
  • Roof: Asphalt
Condition
  • Year Built: 1992
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Valley View Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Mankato

Financial Details

  • Price per Sqft: $138.02
  • Tax Annual Amount: $2594
  • On Market Date: 2024-10-04T00:00:00.000Z
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 $133,188 (48%)
You can enter any amount below - secondary financing will cover the difference if needed.
48%
$

You cover the entire equity of $133,188!

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

Loan Breakdown

Assumed Mortgage3.84% Sellers Rate
$146,712
Your Cash$133,188
Total Purchase Price:$279,900

Assumed vs Traditional Mortgage

Assumed @ 3.84%
$856/mo
Traditional @ 7.5%
$1,280/mo
You save $425/month ($5,095/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6614211

Listing From: northstar

Last updated: 2024-12-20T17:27:02.000Z

© , 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

3.84%
7.15%

Principal & Interest

$856 /mo
$1,234 /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 $133,188 (48%)
You can enter any amount below - secondary financing will cover the difference if needed.
48%
$

You cover the entire equity of $133,188!

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

Loan Breakdown

Assumed Mortgage3.84% Sellers Rate
$146,712
Your Cash$133,188
Total Purchase Price:$279,900

Assumed vs Traditional Mortgage

Assumed @ 3.84%
$856/mo
Traditional @ 7.5%
$1,280/mo
You save $425/month ($5,095/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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