Laura Jewett

Laura Jewett

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Closed

$430,000

($47,785 down)
FHA

416 Prairie View Drive, Cologne, MN 55322

4
3
2,360 sqft
PITI Monthly
$3,195.34 /mo

Listing courtesy of: , Keller Williams Realty Integrity Northwest

Assumed Rate

6.34%
7.15%

Principal & Interest

$2,411 /mo
$2,620 /mo

What's Special

SPACIOUS
MODERN
STAINLESS STEEL APPLIANCES
DECK
PATIO

Welcome to this stunning, fully finished 4-bedroom, 3-bathroom home filled with natural light. Located in a growing neighborhood surrounded by new-builds, this property combines modern updates with the charm of established landscaping. Recent improvements total over $30K, including a whole-home Generac generator with GFI protection, a fully fenced backyard, and new stainless steel appliances with a custom tile backsplash. The home also features modern smart home technology, including a Nest thermostat and a Ring doorbell, providing convenience and added security. Additionally, the home is wired for fiber optics, ensuring high-speed internet access. The spacious finished lower level offers an additional bedroom, bathroom, and family room, perfect for extra living space or entertaining. Step outside to enjoy the large built deck, mature fruit trees, and beautiful, established landscaping. An outdoor shed provides extra storage for all your tools and equipment. The heated 3-stall garage comes with an air compressor and provides plenty of space for vehicles or hobbies. There's also an outdoor patio area with electrical hook-up for a hot tub, and a custom sliding glass dog door installed on the main floor for your pets. Sellers are also including a whole-home warranty from America's Preferred Home Warranty for peace of mind.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.34
Remaining Loan Term
28 years, 3 months
Monthly PITI
$3,195.34/mo
Estimated Loan Balance
$383,377
Cash to close
$47,785
Interest Paid
$42,616

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Family Room, Gas
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link, Full
Roof
  • Roof: Age Over 8 Years, Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • 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 Over 8 Years, Asphalt
Condition
  • Year Built: 2013
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Winkler Crossing 2nd Add
  • Features: Grab Bars In Bathroom, Roll-In Shower
HOA
  • Has HOA: No
Location
  • Region: Cologne

Financial Details

  • Price per Sqft: $182.2
  • Tax Annual Amount: $4318
  • On Market Date: 2024-09-13T00:00:00.000Z
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 $47,785 (11%)
You can enter any amount below - secondary financing will cover the difference if needed.
11%
$

You cover the entire equity of $47,785!

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

Loan Breakdown

Assumed Mortgage6.34% Sellers Rate
$382,215
Your Cash$47,785
Total Purchase Price:$430,000

Assumed vs Traditional Mortgage

Assumed @ 6.34%
$2,411/mo
Traditional @ 7.5%
$2,717/mo
You save $306/month ($3,677/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6602327

Listing From: northstar

Last updated: 2024-10-04T13:56:02.000Z

© , 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

6.34%
7.15%

Principal & Interest

$2,411 /mo
$2,620 /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 $47,785 (11%)
You can enter any amount below - secondary financing will cover the difference if needed.
11%
$

You cover the entire equity of $47,785!

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

Loan Breakdown

Assumed Mortgage6.34% Sellers Rate
$382,215
Your Cash$47,785
Total Purchase Price:$430,000

Assumed vs Traditional Mortgage

Assumed @ 6.34%
$2,411/mo
Traditional @ 7.5%
$2,717/mo
You save $306/month ($3,677/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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