Laura Jewett

Laura Jewett

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Closed

$293,000

($124,780 down)
FHA

349 Charlson Drive, Red Wing, MN 55066

3
2
2,110 sqft
PITI Monthly
$1,508.2 /mo

Listing courtesy of: , Lawrence Realty Inc.

Assumed Rate

4.47%
7.15%

Principal & Interest

$957 /mo
$1,280 /mo

What's Special

SPACIOUS
DECK
MOTIVATED SELLER

This gorgeous home is your perfect chance to live in a wonderful neighborhood on the northwest side of Red Wing. Situated on a 1/3-acre lot on a Cul-du-sac street, this property has so much to offer. With 3 bedrooms and 2 bathrooms, a spacious screened-in porch, AND a generous back deck, you will have plenty of area to entertain or enjoy solitude. The spacious lower-level offers a bedroom, full bath and den area. In addition to the attached 2-stall garage, the property also boasts a spacious 3-stall 38x 28 (1064 sq. ft) heated garage which could be a workshop/project area, a storage area for autos, boats, etc., plus many other potential uses. Newer A/C and water heater. Motivated Seller !

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.47
Remaining Loan Term
23 years, 2 months
Monthly PITI
$1,508.2/mo
Estimated Loan Balance
$217,317
Cash to close
$124,780
Interest Paid
$54,464

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick/Stone, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 5
  • 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
  • Brick/Stone, Wood Siding
  • Roof: Unknown
Condition
  • Year Built: 1982
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Charlson Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Red Wing

Financial Details

  • Price per Sqft: $138.86
  • Tax Annual Amount: $3202
  • On Market Date: 2024-08-23T00:00:00.000Z
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 $124,780 (43%)
You can enter any amount below - secondary financing will cover the difference if needed.
43%
$

You cover the entire equity of $124,780!

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

Loan Breakdown

Assumed Mortgage4.47% Sellers Rate
$168,220
Your Cash$124,780
Total Purchase Price:$293,000

Assumed vs Traditional Mortgage

Assumed @ 4.47%
$957/mo
Traditional @ 7.5%
$1,328/mo
You save $371/month ($4,451/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6591397

Listing From: northstar

Last updated: 2024-11-01T21:03:02.000Z

© , 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

4.47%
7.15%

Principal & Interest

$957 /mo
$1,280 /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 $124,780 (43%)
You can enter any amount below - secondary financing will cover the difference if needed.
43%
$

You cover the entire equity of $124,780!

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

Loan Breakdown

Assumed Mortgage4.47% Sellers Rate
$168,220
Your Cash$124,780
Total Purchase Price:$293,000

Assumed vs Traditional Mortgage

Assumed @ 4.47%
$957/mo
Traditional @ 7.5%
$1,328/mo
You save $371/month ($4,451/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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