Laura Jewett

Laura Jewett

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Closed

$155,000

($94,345 down)
FHA

331 Main Street E, Trimont, MN 56176

5
3
2,350 sqft
PITI Monthly
$625.44 /mo

Listing courtesy of: , Edina Realty

Assumed Rate

3.89%
7.15%

Principal & Interest

$352 /mo
$504 /mo

What's Special

OPEN CONCEPT
DINING

Move in ready home with open concept. Located less than a half of block from the park! On the main floor you will find large kitchen. Island is not attached so you are able to move if more space is needed to accomodate large gatherings. Dining and living room have beautiful stained glass windows. Off the dining room is a bathroom and room that can be used as a bedroom or office. Upstairs you will find 2 bedrooms - one of them has a large walk in closet and another bathroom. The basement has 2 more bedrooms with egress windows and another bathroom. Large utility room and bonus area current owners are using as another TV sitting area. All appliances will stay with home. Large two car garage walls are insulated and garage heater will stay with the home. Window a/c unit and 2 portable a/c units will stay as well. Please see disclosures for all updates done to the home. Including poured basement in early 2000.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.89
Remaining Loan Term
20 years, 7 months
Monthly PITI
$625.44/mo
Estimated Loan Balance
$100,014
Cash to close
$94,345
Interest Paid
$24,802

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Window Unit(s)
  • Heating: 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: 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
  • Vinyl Siding
  • Roof: Unknown
Condition
  • Year Built: 1900
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Village/Triumph
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Trimont

Financial Details

  • Price per Sqft: $65.96
  • Tax Annual Amount: $850
  • On Market Date: 2024-04-25T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $94,345 (61%)
You can enter any amount below - secondary financing will cover the difference if needed.
61%
$

You cover the entire equity of $94,345!

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

Loan Breakdown

Assumed Mortgage3.89% Sellers Rate
$60,656
Your Cash:$94,345
Total Purchase Price:$155,000

Assumed vs Traditional Mortgage

Assumed @ 3.89%
$352/mo
Traditional @ 7.5%
$523/mo
You save $171/month ($2,056/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6522720

Listing From: northstar

Last updated: 2024-09-17T02:20:02.000Z

© , 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

3.89%
7.15%

Principal & Interest

$352 /mo
$504 /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 $94,345 (61%)
You can enter any amount below - secondary financing will cover the difference if needed.
61%
$

You cover the entire equity of $94,345!

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

Loan Breakdown

Assumed Mortgage3.89% Sellers Rate
$60,656
Your Cash:$94,345
Total Purchase Price:$155,000

Assumed vs Traditional Mortgage

Assumed @ 3.89%
$352/mo
Traditional @ 7.5%
$523/mo
You save $171/month ($2,056/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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