Laura Jewett

Laura Jewett

Property SearchContact
primary-1
primary-2primary-3
Active

$119,000

($37,571 down)
FHA

32 Morgan Street, Tracy, MN 56175

2
2
1,388 sqft
PITI Monthly
$767.09 /mo

Listing courtesy of: , Real Estate Retrievers LLC

Assumed Rate

6.09%
7.15%

Principal & Interest

$496 /mo
$553 /mo

What's Special

DINING
SPACIOUS
FINISHED BASEMENT
PATIO

Three bed 2 bathroom home with plenty of charm. Move your family right in or invest and rent it out, either way this home has a lot to offer. Walk into kitchen and notice the 9 ft. ceilings, kitchen, dining, living room, 2 bedrooms and a bathroom all on the main floor. Downstairs a partially finished basement with a additional bedroom, bathroom and plenty of space to finish, and grow! This home has a spacious 2 car garage, patio area and room for a garden. This home will need escrow for new sewer line from the home to the street. Tracy has a great school system, Aquatic center, city parks, Churches, Hospital, bank, restaurants, convenience store, lumber and hardware stores and plenty of employment.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.09
Remaining Loan Term
29 years, 5 months
Monthly PITI
$767.09/mo
Estimated Loan Balance
$81,593
Cash to close
$37,571
Interest Paid
$2,901

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age Over 8 Years, Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer - In Street
  • 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
  • Stucco
  • Roof: Age Over 8 Years, Asphalt
Condition
  • Year Built: 1925
Details
  • Builder:

Community & HOA

Community
  • Subdivision: 2nd Railway Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Tracy

Financial Details

  • Price per Sqft: $85.73
  • Tax Annual Amount: $1004
  • On Market Date: 2025-03-19T00:00:00.000Z
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 $37,571 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $37,571!

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

Loan Breakdown

Assumed Mortgage6.09% Sellers Rate
$81,429
Your Cash$37,571
Total Purchase Price:$119,000

Assumed vs Traditional Mortgage

Assumed @ 6.09%
$496/mo
Traditional @ 7.5%
$574/mo
You save $78/month ($936/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6684140

Listing From: northstar

Last updated: 2025-03-21T00:44:03.000Z

© , 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

6.09%
7.15%

Principal & Interest

$496 /mo
$553 /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 $37,571 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $37,571!

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

Loan Breakdown

Assumed Mortgage6.09% Sellers Rate
$81,429
Your Cash$37,571
Total Purchase Price:$119,000

Assumed vs Traditional Mortgage

Assumed @ 6.09%
$496/mo
Traditional @ 7.5%
$574/mo
You save $78/month ($936/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

Powered By UMe.

© 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.

equal-housing

© is committed to and abides by the Fair Housing Act of Equal Opportunity.