Laura Jewett

Laura Jewett

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Closed

$399,000

($286,895 down)
FHA

4070 Raven Street, New Prague, MN 56071

5
3
2,922 sqft
PITI Monthly
$1,362.19 /mo

Listing courtesy of: , True Life Real Estate Solution

Assumed Rate

3.44%
7.15%

Principal & Interest

$612 /mo
$928 /mo

What's Special

OPEN CONCEPT
SPACIOUS
SOAKING TUB
AFFORDABLE

Spacious rambler in country subdivision minutes from downtown New Prague with nearly 3000 sq. ft. of living space. Easy access to the southern Twin Cities and Mankato. Family room, 3 bedrooms and 2 baths on the main level. 4th bedroom, bathroom 2nd family room, kitchen and multipurpose room in lower-level walkout. Seller will add a closet to multi purpose room to meet 5 bedroom requirement. Lower level can easily be converted to a mother-in-law suite with a private entrance for relatives and dependents that may need a short- or long-term affordable housing option. The kitchen has a huge center island in an open concept main floor that connects the main floor family room. The master is big with a spacious private bath with a soaking tub. The garage is insulated and heated! There is green space with a private feel! Home can close fast!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.44
Remaining Loan Term
21 years, 7 months
Monthly PITI
$1,362.19/mo
Estimated Loan Balance
$112,684
Cash to close
$286,895
Interest Paid
$36,287

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Cedar
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Electric
Roof
  • Roof: Age Over 8 Years, Architectural Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Mound Septic, Septic System Compliant - Yes
  • Water Source: Well
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Cedar
  • Roof: Age Over 8 Years, Architectural Shingle
Condition
  • Year Built: 1969
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Raven Stream #2
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: New Prague

Financial Details

  • Price per Sqft: $136.55
  • Tax Annual Amount: $6032
  • On Market Date: 2025-02-03T00:00:00.000Z
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 $286,895 (72%)
You can enter any amount below - secondary financing will cover the difference if needed.
72%
$

You cover the entire equity of $286,895!

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

Loan Breakdown

Assumed Mortgage3.44% Sellers Rate
$112,105
Your Cash:$286,895
Total Purchase Price:$399,000

Assumed vs Traditional Mortgage

Assumed @ 3.44%
$612/mo
Traditional @ 7.5%
$962/mo
You save $350/month ($4,201/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6656780

Listing From: northstar

Last updated: 2025-03-08T18:16:03.000Z

© , 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

3.44%
7.15%

Principal & Interest

$612 /mo
$928 /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 $286,895 (72%)
You can enter any amount below - secondary financing will cover the difference if needed.
72%
$

You cover the entire equity of $286,895!

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

Loan Breakdown

Assumed Mortgage3.44% Sellers Rate
$112,105
Your Cash:$286,895
Total Purchase Price:$399,000

Assumed vs Traditional Mortgage

Assumed @ 3.44%
$612/mo
Traditional @ 7.5%
$962/mo
You save $350/month ($4,201/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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