Laura Jewett

Laura Jewett

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Closed

$214,000

($23,758 down)
VA

3868 River Road, Grand Rapids, MN 55744

2
1
1,152 sqft
PITI Monthly
$1,370.85 /mo

Listing courtesy of: , COLDWELL BANKER NORTHWOODS

Assumed Rate

6.36%
7.15%

Principal & Interest

$1,206 /mo
$1,308 /mo

What's Special

DINING
SPACIOUS
PRIVATE BACKYARD

Country setting just minutes from city amenities, this 2 bedroom, 1 bath home brings lots of potential. The main floor offers an open kitchen/dining area and spacious living room. Updates to be appreciated include Central Air, a new furnace, and water softener. The detached garage is insulated, has electricity, and measures 24’ x 30’ for storage space or workshop opportunities. A private backyard and wooded area encompass the 4 total acres.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.36
Remaining Loan Term
27 years, 11 months
Monthly PITI
$1,370.85/mo
Estimated Loan Balance
$190,439
Cash to close
$23,758
Interest Paid
$25,358

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Central Air, Wall Unit(s)
  • Heating: Forced Air
Features
  • Materials: Aluminum Siding, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Private Sewer, Septic System Compliant - Yes
  • Water Source: Private
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Aluminum Siding, Vinyl Siding
  • Roof: Asphalt
Condition
  • Year Built: 1950
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Grand Rapids

Financial Details

  • Price per Sqft: $185.76
  • Tax Annual Amount: $177
  • On Market Date: 2024-05-16T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $23,758 (11%)
You can enter any amount below - secondary financing will cover the difference if needed.
11%
$

You cover the entire equity of $23,758!

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

Loan Breakdown

Assumed Mortgage6.36% Sellers Rate
$190,242
Your Cash$23,758
Total Purchase Price:$214,000

Assumed vs Traditional Mortgage

Assumed @ 6.36%
$1,206/mo
Traditional @ 7.5%
$1,357/mo
You save $150/month ($1,805/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6535470

Listing From: northstar

Last updated: 2024-09-04T21:11:02.000Z

© , 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

6.36%
7.15%

Principal & Interest

$1,206 /mo
$1,308 /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 $23,758 (11%)
You can enter any amount below - secondary financing will cover the difference if needed.
11%
$

You cover the entire equity of $23,758!

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

Loan Breakdown

Assumed Mortgage6.36% Sellers Rate
$190,242
Your Cash$23,758
Total Purchase Price:$214,000

Assumed vs Traditional Mortgage

Assumed @ 6.36%
$1,206/mo
Traditional @ 7.5%
$1,357/mo
You save $150/month ($1,805/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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