Laura Jewett

Laura Jewett

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Closed

$299,900

($123,649 down)
FHA

3635 Queen Avenue N, Minneapolis, MN 55412

4
2
1,880 sqft
PITI Monthly
$1,349.17 /mo

Listing courtesy of: , RE/MAX Results

Assumed Rate

2.9%
7.15%

Principal & Interest

$784 /mo
$1,271 /mo

What's Special

OPEN CONCEPT
DINING
SPACIOUS
RENOVATED
CUSTOM BUILT
HARDWOOD FLOORS
BREAKFAST NOOK
FIREPLACE
WET BAR
OUTDOOR LIVING SPACE
PATIO
CHARMING
COZY

Charming, move in ready home! So many updates! Freshly painted throughout. Original hardwood floors. Coved ceilings in the living room. Large, custom built-in pantry added in kitchen, newer fridge, sink & disposal. Light filled breakfast nook and a separate dining room. Cozy & realistic looking electric fireplace insert in the living room. Open concept in the living and dining room with lots of natural light! Newer carpet tile in the spacious primary bedroom upstairs. Use the nook for an office, den, hangout or workout space! Basement fully renovated. Newly finished 3/4 bathroom, 4th bedroom/family room/rec space also has a cozy electric fireplace insert. Another separate room that could be a workout space or office or storage. There is laundry room with an adjoining room that is plumbed - could be a craft room with a sink, pet wash or wet bar or just storage! Full backyard makeover. Yard leveled, fully fenced in with some privacy panels. Create an outdoor living space on the large concrete patio, utilize the dog run or it would be a great spot for a garden or container beds with the southern sun exposure. In 2013, new kitchen, main floor bathroom, roof, gutters, windows, appliances & mechanicals done. Such a solid home! Come see for yourself!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.9
Remaining Loan Term
26 years, 7 months
Monthly PITI
$1,349.17/mo
Estimated Loan Balance
$176,963
Cash to close
$123,649
Interest Paid
$17,979

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Electric
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link, Full, Wood
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • 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: 1939
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Oak Wood Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Minneapolis

Financial Details

  • Price per Sqft: $159.52
  • Tax Annual Amount: $3388
  • On Market Date: 2024-09-25T00:00:00.000Z
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 $123,649 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$

You cover the entire equity of $123,649!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$176,251
Your Cash$123,649
Total Purchase Price:$299,900

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$784/mo
Traditional @ 7.5%
$1,319/mo
You save $535/month ($6,423/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6607262

Listing From: northstar

Last updated: 2024-12-17T16:40:02.000Z

© , 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

2.9%
7.15%

Principal & Interest

$784 /mo
$1,271 /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 $123,649 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$

You cover the entire equity of $123,649!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$176,251
Your Cash$123,649
Total Purchase Price:$299,900

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$784/mo
Traditional @ 7.5%
$1,319/mo
You save $535/month ($6,423/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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