Laura Jewett

Laura Jewett

Property SearchContact
primary-1
primary-2primary-3
Closed

$260,000

($172,713 down)
FHA

3522 Stinson Boulevard, Minneapolis, MN 55418

3
2
2,229 sqft
PITI Monthly
$1,194.01 /mo

Listing courtesy of: , eXp Realty

Assumed Rate

4.25%
7.15%

Principal & Interest

$623 /mo
$855 /mo

What's Special

INVESTORS
SPACIOUS
FIREPLACE
CHARMING

Exciting Opportunity in NE Minneapolis! Unlock the potential of this well-laid-out home, perfect for those looking to add their personal touch or investors seeking a great project. Featuring two spacious bedrooms, a charming bath, and a kitchen with ample cabinet and counter space, this property is ready for updates that will truly make it shine. Highlights include a built-in china cabinet, generous closet space, an attached porch/breezeway, lower-level family room with bar area, and two fireplaces. With a little vision and some TLC, this home can offer fantastic value at an unbeatable price. Don’t miss out on this great property!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.25
Remaining Loan Term
15 years, 8 months
Monthly PITI
$1,194.01/mo
Estimated Loan Balance
$88,221
Cash to close
$172,713
Interest Paid
$65,908

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick/Stone, Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Family Room, Living Room, Stone, Wood Burning
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link
Roof
  • Roof: 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
  • Brick/Stone, Stucco
  • Roof: Asphalt, Pitched
Condition
  • Year Built: 1954
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Liberty Heights Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Minneapolis

Financial Details

  • Price per Sqft: $116.64
  • Tax Annual Amount: $3978
  • On Market Date: 2024-10-14T00:00:00.000Z
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 $172,713 (66%)
You can enter any amount below - secondary financing will cover the difference if needed.
66%
$

You cover the entire equity of $172,713!

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

Loan Breakdown

Assumed Mortgage4.25% Sellers Rate
$87,287
Your Cash:$172,713
Total Purchase Price:$260,000

Assumed vs Traditional Mortgage

Assumed @ 4.25%
$623/mo
Traditional @ 7.5%
$887/mo
You save $264/month ($3,170/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6615922

Listing From: northstar

Last updated: 2024-11-16T00:49:02.000Z

© , 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

4.25%
7.15%

Principal & Interest

$623 /mo
$855 /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 $172,713 (66%)
You can enter any amount below - secondary financing will cover the difference if needed.
66%
$

You cover the entire equity of $172,713!

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

Loan Breakdown

Assumed Mortgage4.25% Sellers Rate
$87,287
Your Cash:$172,713
Total Purchase Price:$260,000

Assumed vs Traditional Mortgage

Assumed @ 4.25%
$623/mo
Traditional @ 7.5%
$887/mo
You save $264/month ($3,170/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

Powered By UMe.

© 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.

equal-housing

© is committed to and abides by the Fair Housing Act of Equal Opportunity.