Laura Jewett

Laura Jewett

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Pending

$349,900

($41,402 down)
VA

4221 Chicago Avenue, Minneapolis, MN 55407

2
1
1,597 sqft
PITI Monthly
$2,347.01 /mo

Listing courtesy of: , Keller Williams Realty Integrity Lakes

Assumed Rate

5.52%
7.15%

Principal & Interest

$1,822 /mo
$2,162 /mo

What's Special

REMODELED
SPACIOUS
HARDWOOD FLOORS
HOME OFFICE
CHARMING

Lots of space in this charming 1919 Bungalow. Main floor with hardwood floors, built in buffet. 20 windows replaced in 2023. Bathroom remodeled & kitchen updated. Much to love here. Two bedrooms on main level. The spacious upstairs has a large flex room and two additional rooms to use as home offices or guest rooms. The basement is wide open to many uses. Flooring covers the concrete floor in basement. There is a shop area too. The garage built more recently has two spaces with alley entry, and a 3rd garage door opens to the backyard.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
5.52
Remaining Loan Term
27 years, 4 months
Monthly PITI
$2,347.01/mo
Estimated Loan Balance
$309,298
Cash to close
$41,402
Interest Paid
$46,284

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Ductless Mini-Split
  • Heating: Baseboard, Boiler, Ductless Mini-Split
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Full, Wood
Roof
  • Roof: Age Over 8 Years, Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer/Connected, City Sewer - In Street
  • Water Source: City Water/Connected, City Water - In Street
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: Age Over 8 Years, Asphalt
Condition
  • Year Built: 1919
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Girard Terrace Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Minneapolis

Financial Details

  • Price per Sqft: $219.1
  • Tax Annual Amount: $4506
  • On Market Date: 2025-03-07T00:00:00.000Z
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 $41,402 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $41,402!

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

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$308,498
Your Cash$41,402
Total Purchase Price:$349,900

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$1,822/mo
Traditional @ 7.5%
$2,243/mo
You save $421/month ($5,053/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6656420

Listing From: northstar

Last updated: 2025-03-19T18:31:04.000Z

© , 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

5.52%
7.15%

Principal & Interest

$1,822 /mo
$2,162 /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 $41,402 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $41,402!

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

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$308,498
Your Cash$41,402
Total Purchase Price:$349,900

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$1,822/mo
Traditional @ 7.5%
$2,243/mo
You save $421/month ($5,053/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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