Laura Jewett

Laura Jewett

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$349,900

($129,138 down)
FHA

3340 24th Avenue S, Minneapolis, MN 55406

4
3
1,590 sqft
PITI Monthly
$1,961.46 /mo

Listing courtesy of: , RE/MAX Results

Assumed Rate

3.97%
7.15%

Principal & Interest

$1,238 /mo
$1,757 /mo

What's Special

LOCATION
SPACIOUS
MOVE-IN READY
MODERN
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
PATIO

This beautifully updated home combines modern amenities with thoughtful design, creating a space that is both functional and inviting. The main floor features an impressive owner's suite with a private full bath and tiled shower, as well as a second main-level full bath, also featuring a tiled shower for added convenience. The spacious kitchen offers an abundance of cabinets, expansive granite countertops, and stainless steel appliances. Upstairs two comfortable bedrooms provide plenty of space for relaxation or work-from-home needs. The lower level adds even more versatility with a 4th bedroom, which could easily serve as a family room, along with a convenient 3/4 bath. Tasteful decor and updated lighting throughout the home create a fresh and welcoming atmosphere. Outside, you'll find a large, fenced backyard perfect for entertaining or simply enjoying the outdoors. The expansive 20' x 26' patio is ideal for hosting summer barbecues or unwinding after a long day. Situated in an unbeatable location near Minnehaha Falls, MSP Airport, the Mall of America, parks, schools, and restaurants, this home offers the perfect balance of comfort and convenience. Move-in ready and meticulously cared for, this property is ready to welcome you home. Don't miss your chance to make it yours!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.97
Remaining Loan Term
22 years, 6 months
Monthly PITI
$1,961.46/mo
Estimated Loan Balance
$221,772
Cash to close
$129,138
Interest Paid
$71,959

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Stucco, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Full, Privacy, Wood
Roof
  • Roof: Age Over 8 Years, Asphalt, Pitched
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Stucco, Vinyl Siding
  • Roof: Age Over 8 Years, Asphalt, Pitched
Condition
  • Year Built: 1913
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Corcoran
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Minneapolis

Financial Details

  • Price per Sqft: $220.06
  • Tax Annual Amount: $4673
  • On Market Date: 2025-03-26T00:00:00.000Z
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 $129,138 (37%)
You can enter any amount below - secondary financing will cover the difference if needed.
37%
$

You cover the entire equity of $129,138!

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

Loan Breakdown

Assumed Mortgage3.97% Sellers Rate
$220,762
Your Cash$129,138
Total Purchase Price:$349,900

Assumed vs Traditional Mortgage

Assumed @ 3.97%
$1,238/mo
Traditional @ 7.5%
$1,823/mo
You save $585/month ($7,022/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6651249

Listing From: northstar

Last updated: 2025-04-04T02:22:04.000Z

© , 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

3.97%
7.15%

Principal & Interest

$1,238 /mo
$1,757 /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 $129,138 (37%)
You can enter any amount below - secondary financing will cover the difference if needed.
37%
$

You cover the entire equity of $129,138!

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

Loan Breakdown

Assumed Mortgage3.97% Sellers Rate
$220,762
Your Cash$129,138
Total Purchase Price:$349,900

Assumed vs Traditional Mortgage

Assumed @ 3.97%
$1,238/mo
Traditional @ 7.5%
$1,823/mo
You save $585/month ($7,022/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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