Laura Jewett

Laura Jewett

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Closed

$299,000

($38,973 down)
VA

36849 657th Avenue, Watkins, MN 55389

2
1
864 sqft
PITI Monthly
$1,966.79 /mo

Listing courtesy of: , Edina Realty, Inc.

Assumed Rate

6.34%
7.15%

Principal & Interest

$1,643 /mo
$1,786 /mo

What's Special

LOCATION
STAINLESS STEEL APPLIANCES
DECK
LAKE VIEWS

Relax and enjoy your newly updated Clear Lake home centrally located just outside of Watkins. The 24x10 deck and firepit area are ideal for capturing beautiful lake views and taking in the sun. Updates include new kitchen countertops, stainless steel appliances, hard surface flooring & light fixtures. The crawl space has freshly installed spray foam insulation, the garage is also insulated and heated & a 30 amp welding outlet. Other features include maintenance free vinyl siding, storage shed and dock. Awesome location and setting on 100 ft. of lake frontage.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.34
Remaining Loan Term
28 years, 2 months
Monthly PITI
$1,966.79/mo
Estimated Loan Balance
$261,091
Cash to close
$38,973
Interest Paid
$30,420

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age 8 Years or Less, Asphalt, Pitched
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer/Connected
  • Water Source: Drilled, Well
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Age 8 Years or Less, Asphalt, Pitched
Condition
  • Year Built: 1971
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Gemma Shores
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Watkins

Financial Details

  • Price per Sqft: $346.06
  • Tax Annual Amount: $2080
  • On Market Date: 2024-10-25T00:00:00.000Z
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 $38,973 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $38,973!

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

Loan Breakdown

Assumed Mortgage6.34% Sellers Rate
$260,027
Your Cash$38,973
Total Purchase Price:$299,000

Assumed vs Traditional Mortgage

Assumed @ 6.34%
$1,643/mo
Traditional @ 7.5%
$1,852/mo
You save $209/month ($2,507/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6622642

Listing From: northstar

Last updated: 2024-11-22T16:33:02.000Z

© , 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

6.34%
7.15%

Principal & Interest

$1,643 /mo
$1,786 /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 $38,973 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $38,973!

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

Loan Breakdown

Assumed Mortgage6.34% Sellers Rate
$260,027
Your Cash$38,973
Total Purchase Price:$299,000

Assumed vs Traditional Mortgage

Assumed @ 6.34%
$1,643/mo
Traditional @ 7.5%
$1,852/mo
You save $209/month ($2,507/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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