Laura Jewett

Laura Jewett

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Pending

$325,000

($50,404 down)
FHA

3727 Colfax Court, Anoka, MN 55303

3
2
1,440 sqft
PITI Monthly
$2,299.14 /mo

Listing courtesy of: , Engel & Volkers Minneapolis Blaine

Assumed Rate

6.82%
7.15%

Principal & Interest

$1,808 /mo
$1,869 /mo

What's Special

SPACIOUS
WALK-IN CLOSET
CUL-DE-SAC
HISTORIC

This home is thoughtfully designed with over 1,400 square feet of living space, featuring three spacious bedrooms, highlighted by a primary suite with an expansive walk-in closet. Recent updates include a new roof (2023), stylish LVP flooring, fresh carpet, and an updated kitchen that boasts a commercial-size oven perfect for cooking enthusiasts. The property features a primary detached 24' x 23' garage and an additional oversized shed for extra storage. Beautifully situated on a quiet cul-de-sac, enjoy quick access to major freeways while being just minutes from historic downtown Anoka's shops, restaurants, and amenities.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.82
Remaining Loan Term
29 years, 1 months
Monthly PITI
$2,299.14/mo
Estimated Loan Balance
$276,289
Cash to close
$50,404
Interest Paid
$17,227

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
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
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: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 1970
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Morningside Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Anoka

Financial Details

  • Price per Sqft: $225.69
  • Tax Annual Amount: $2572
  • On Market Date: 2025-02-19T00:00:00.000Z
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 $50,404 (16%)
You can enter any amount below - secondary financing will cover the difference if needed.
16%
$

You cover the entire equity of $50,404!

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

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$274,596
Your Cash$50,404
Total Purchase Price:$325,000

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$1,808/mo
Traditional @ 7.5%
$1,939/mo
You save $131/month ($1,572/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6673099

Listing From: northstar

Last updated: 2025-03-26T02:16:04.000Z

© , 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

6.82%
7.15%

Principal & Interest

$1,808 /mo
$1,869 /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 $50,404 (16%)
You can enter any amount below - secondary financing will cover the difference if needed.
16%
$

You cover the entire equity of $50,404!

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

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$274,596
Your Cash$50,404
Total Purchase Price:$325,000

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$1,808/mo
Traditional @ 7.5%
$1,939/mo
You save $131/month ($1,572/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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