Laura Jewett

Laura Jewett

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Closed

$359,900

($175,441 down)
FHA

4147 17th Avenue S, Minneapolis, MN 55407

3
2
1,707 sqft
PITI Monthly
$1,714.73 /mo

Listing courtesy of: , Coldwell Banker Realty

Assumed Rate

3.38%
7.15%

Principal & Interest

$1,043 /mo
$1,593 /mo

What's Special

REMODELED
MODERN
HARDWOOD FLOORS
CHARMING
COZY

Step into this enchanting home and fall in love with its timeless charm and modern updates! Nestled on an elevated lot with neighborhood views, this 1.5 story cottage offers a perfect blend of classic craftsmanship and thoughtful upgrades. The brand-new roof and completely remodeled main-floor bathroom set the stage for worry-free living.. The bathroom remodel is gorgeous and fitting with the era of the home - don't miss your chance to see it! The main floor features one cozy bedroom, an office and a sunlit living room with beautiful original woodwork, large baseboards and craftsman-style windows. Gleaming hardwood floors flow throughout, enhancing the home's inviting ambiance. The upper level boasts two charming bedrooms. Downstairs, the lower level includes a tuck- under garage and a secondary non-conforming toilet and shower, offering convenience and opportunity to finish the space for added square footage. Step outside to the backyard, where there's room for both play and entertaining. Whether hosting a summer barbeque or relaxing with a book, this outdoor retreat has something for everyone. Located in a vibrant South Minneapolis neighborhood, this home is a few blocks to Lake Hiawatha, parks, restaurants and shops, blending convenience with a community feel. Don't miss your chance to own this strorybook cottage - schedule your showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.38
Remaining Loan Term
20 years, 1 months
Monthly PITI
$1,714.73/mo
Estimated Loan Balance
$238,056
Cash to close
$175,441
Interest Paid
$70,662

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Fireplace(s)
Features
  • Materials: Other
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Brick
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link, Full
Roof
  • Roof: Age 8 Years or Less
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • 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
  • Other
  • Roof: Age 8 Years or Less
Condition
  • Year Built: 1926
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Alfred Jakobsons Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Minneapolis

Financial Details

  • Price per Sqft: $210.84
  • Tax Annual Amount: $4252
  • On Market Date: 2024-12-11T00:00:00.000Z
Inquire about this property

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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 $175,441 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$

You cover the entire equity of $175,441!

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

Loan Breakdown

Assumed Mortgage3.38% Sellers Rate
$184,459
Your Cash$175,441
Total Purchase Price:$359,900

Assumed vs Traditional Mortgage

Assumed @ 3.38%
$1,043/mo
Traditional @ 7.5%
$1,652/mo
You save $609/month ($7,308/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6635067

Listing From: northstar

Last updated: 2025-01-15T21:51:02.000Z

© , 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

3.38%
7.15%

Principal & Interest

$1,043 /mo
$1,593 /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 $175,441 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$

You cover the entire equity of $175,441!

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

Loan Breakdown

Assumed Mortgage3.38% Sellers Rate
$184,459
Your Cash$175,441
Total Purchase Price:$359,900

Assumed vs Traditional Mortgage

Assumed @ 3.38%
$1,043/mo
Traditional @ 7.5%
$1,652/mo
You save $609/month ($7,308/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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