Laura Jewett

Laura Jewett

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Closed

$175,000

($42,022 down)
FHA

32 5th Street NW, Glenwood, MN 56334

3
1
1,912 sqft
PITI Monthly
$1,312.61 /mo

Listing courtesy of: , RE/MAX Results

Assumed Rate

6.81%
7.15%

Principal & Interest

$881 /mo
$912 /mo

What's Special

DINING
SPACIOUS
HOME OFFICE
PATIO
CHARMING
COZY

Charming 1.5-story home with an oversized garage, on a 1/2 acre lot! This 3-bedroom, 1-bathroom home sits on a slab foundation and boasts an incredible 1,440 sq. ft. garage—perfect for all your storage and hobby needs! The garage features both a standard double door and a 12' door, ideal for parking an RV, trailer, or extra vehicles. Inside, you'll find a spacious living room with a large picture window that fills the space with natural light. The kitchen with eat-in dining provides a cozy and functional space for meals. A family room addition offers even more space to spread out and relax. The main floor laundry room features ample cabinet and storage space for added convenience. This home offers two main-floor bedrooms and a full bath, plus a huge upper-level bedroom that could serve as a primary suite, home office, or bonus space. With its expansive garage, functional layout, and bright living spaces, this home is a great find! Large 1/2 acre corner lot with a covered patio area, great for enjoying the outdoors. Stay tuned for additional information and photos as the Seller prepares the home for sale.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.81
Remaining Loan Term
28 years, 5 months
Monthly PITI
$1,312.61/mo
Estimated Loan Balance
$134,204
Cash to close
$42,022
Interest Paid
$14,444

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Wall Unit(s)
  • Heating: Forced Air
Features
  • Materials: Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link, Full, Wood
Roof
  • Roof: Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • 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
  • Wood Siding
  • Roof: Asphalt
Condition
  • Year Built: 1956
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Academy Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Glenwood

Financial Details

  • Price per Sqft: $91.53
  • Tax Annual Amount: $2230
  • On Market Date: 2025-02-04T00:00:00.000Z
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 $42,022 (24%)
You can enter any amount below - secondary financing will cover the difference if needed.
24%
$

You cover the entire equity of $42,022!

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

Loan Breakdown

Assumed Mortgage6.81% Sellers Rate
$132,978
Your Cash$42,022
Total Purchase Price:$175,000

Assumed vs Traditional Mortgage

Assumed @ 6.81%
$881/mo
Traditional @ 7.5%
$912/mo
You save $31/month ($373/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6652780

Listing From: northstar

Last updated: 2025-03-13T21:10:04.000Z

© , 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

6.81%
7.15%

Principal & Interest

$881 /mo
$912 /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 $42,022 (24%)
You can enter any amount below - secondary financing will cover the difference if needed.
24%
$

You cover the entire equity of $42,022!

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

Loan Breakdown

Assumed Mortgage6.81% Sellers Rate
$132,978
Your Cash$42,022
Total Purchase Price:$175,000

Assumed vs Traditional Mortgage

Assumed @ 6.81%
$881/mo
Traditional @ 7.5%
$912/mo
You save $31/month ($373/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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