Laura Jewett

Laura Jewett

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Closed

$199,900

($92,681 down)
FHA

411 Meeker Avenue N, Watkins, MN 55389

4
2
1,598 sqft
PITI Monthly
$1,013.79 /mo

Listing courtesy of: , Princeton Realty

Assumed Rate

4.14%
7.15%

Principal & Interest

$579 /mo
$805 /mo

What's Special

LOCATION
DINING
CHARMING
SOLAR PANELS

Charming 2 story home located on a large corner lot, 4 bedrooms, 2 baths, large country kitchen, separate dining area, large living room with a sun room on the end of that. One of the bedrooms has a stackable washer & dryer tucked in a corner, there are also hookups in the basement. The basement has a room partially finished and currently a 1/2 bath that just needs the shower finished. 24 x 28 garage that has solar panels on the roof, they help pay the electric bill and sometimes generate income. Great location, close to downtown and the main highway 55.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.14
Remaining Loan Term
24 years, 2 months
Monthly PITI
$1,013.79/mo
Estimated Loan Balance
$107,635
Cash to close
$92,681
Interest Paid
$27,273

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Hot Water
Features
  • Materials: Stucco
  • 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: 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
  • Stucco
  • Roof: Asphalt
Condition
  • Year Built: 1932
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $125.09
  • Tax Annual Amount: $2408
  • On Market Date: 2024-10-02T00:00:00.000Z
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 $92,681 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $92,681!

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

Loan Breakdown

Assumed Mortgage4.14% Sellers Rate
$107,219
Your Cash$92,681
Total Purchase Price:$199,900

Assumed vs Traditional Mortgage

Assumed @ 4.14%
$579/mo
Traditional @ 7.5%
$835/mo
You save $256/month ($3,076/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6612198

Listing From: northstar

Last updated: 2024-11-20T16:37:02.000Z

© , 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

4.14%
7.15%

Principal & Interest

$579 /mo
$805 /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 $92,681 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $92,681!

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

Loan Breakdown

Assumed Mortgage4.14% Sellers Rate
$107,219
Your Cash$92,681
Total Purchase Price:$199,900

Assumed vs Traditional Mortgage

Assumed @ 4.14%
$579/mo
Traditional @ 7.5%
$835/mo
You save $256/month ($3,076/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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