Laura Jewett

Laura Jewett

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Closed

$225,000

($111,750 down)
FHA

3436 20th Avenue S, Minneapolis, MN 55407

3
1
1,020 sqft
PITI Monthly
$1,195.21 /mo

Listing courtesy of: , Coldwell Banker Realty

Assumed Rate

4%
7.15%

Principal & Interest

$668 /mo
$946 /mo

What's Special

ENTERTAINMENT
DINING
SPACIOUS
HOME OFFICE
CHARMING
COZY

OFFER DEADLINE of 5pm Sunday 10/27. Welcome to this charming rambler in the heart of the Corcoran neighborhood. As you step inside, you’ll be greeted by a warm and inviting living and dining area, featuring beautiful maple floors, rich wood trim, and an original buffet. The main floor offers three bedrooms and a full bath, perfect for accommodating family and guests. The spacious basement provides endless possibilities, whether you envision additional bedrooms, a home office, or an entertainment space. The oversized two-car garage offers ample storage and convenience. Step outside to the stunning backyard, a gardener’s paradise with plenty of room for outdoor gatherings and a cozy firepit for those cool evenings. This wonderful starter home is brimming with potential and ready for your personal touch. Don’t miss the opportunity to make it yours—schedule your showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4
Remaining Loan Term
20 years, 5 months
Monthly PITI
$1,195.21/mo
Estimated Loan Balance
$119,005
Cash to close
$111,750
Interest Paid
$48,650

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Window Unit(s)
  • Heating: Hot Water, Radiator(s)
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Age 8 Years or Less
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
  • Stucco
  • Roof: Age 8 Years or Less
Condition
  • Year Built: 1919
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Wilbers 2nd Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Minneapolis

Financial Details

  • Price per Sqft: $220.59
  • Tax Annual Amount: $3332
  • On Market Date: 2024-10-23T00:00:00.000Z
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 $111,750 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$

You cover the entire equity of $111,750!

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

Loan Breakdown

Assumed Mortgage4% Sellers Rate
$113,250
Your Cash$111,750
Total Purchase Price:$225,000

Assumed vs Traditional Mortgage

Assumed @ 4%
$668/mo
Traditional @ 7.5%
$981/mo
You save $312/month ($3,749/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6615021

Listing From: northstar

Last updated: 2024-11-27T15:37:02.000Z

© , 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

4%
7.15%

Principal & Interest

$668 /mo
$946 /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 $111,750 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$

You cover the entire equity of $111,750!

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

Loan Breakdown

Assumed Mortgage4% Sellers Rate
$113,250
Your Cash$111,750
Total Purchase Price:$225,000

Assumed vs Traditional Mortgage

Assumed @ 4%
$668/mo
Traditional @ 7.5%
$981/mo
You save $312/month ($3,749/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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