Laura Jewett

Laura Jewett

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Closed

$199,900

($97,545 down)
FHA

3459 James Avenue N, Minneapolis, MN 55412

3
1
1,348 sqft
PITI Monthly
$1,015.19 /mo

Listing courtesy of: , eXp Realty

Assumed Rate

3.92%
7.15%

Principal & Interest

$557 /mo
$796 /mo

What's Special

SPACIOUS
HARDWOOD FLOORS
FENCED YARD
CHARMING

Welcome to this 3-bedroom, 1-bathroom home nestled in the Cleveland neighborhood of Minneapolis. This charming property is perfectly situated close to I-94, offering easy access to shops, restaurants, and all the amenities you need. The spacious living area features hardwood floors that add warmth and character, while the delightful 3-season porch is perfect for your morning coffee. The fully fenced yard offers potential for relaxation or entertaining. With Folwell Park just a short stroll away, outdoor activities and community events are always within reach. This home presents a unique opportunity for those with a vision! It does need some TLC and cosmetic updating, but with the right renovations, you can transform this space into your dream home. Don't miss the chance to make it your own and add your personal finishing touches.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.92
Remaining Loan Term
22 years, 9 months
Monthly PITI
$1,015.19/mo
Estimated Loan Balance
$144,415
Cash to close
$97,545
Interest Paid
$31,179

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Living Room, Wood Burning
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Full, Wood
Roof
  • Roof: Unknown
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
  • Roof: Unknown
Condition
  • Year Built: 1926
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Nimmons & Pratts Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Minneapolis

Financial Details

  • Price per Sqft: $148.29
  • Tax Annual Amount: $2694
  • On Market Date: 2024-08-07T00:00:00.000Z
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 $97,545 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$

You cover the entire equity of $97,545!

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

Loan Breakdown

Assumed Mortgage3.92% Sellers Rate
$102,355
Your Cash$97,545
Total Purchase Price:$199,900

Assumed vs Traditional Mortgage

Assumed @ 3.92%
$557/mo
Traditional @ 7.5%
$826/mo
You save $268/month ($3,221/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6571637

Listing From: northstar

Last updated: 2024-09-17T12:30:02.000Z

© , 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

3.92%
7.15%

Principal & Interest

$557 /mo
$796 /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 $97,545 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$

You cover the entire equity of $97,545!

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

Loan Breakdown

Assumed Mortgage3.92% Sellers Rate
$102,355
Your Cash$97,545
Total Purchase Price:$199,900

Assumed vs Traditional Mortgage

Assumed @ 3.92%
$557/mo
Traditional @ 7.5%
$826/mo
You save $268/month ($3,221/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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