Laura Jewett

Laura Jewett

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Closed

$240,000

($41,588 down)
FHA

425 35th Avenue N, Minneapolis, MN 55412

3
2
1,548 sqft
PITI Monthly
$1,502.84 /mo

Listing courtesy of: , RE/MAX Results

Assumed Rate

3.45%
7.15%

Principal & Interest

$976 /mo
$1,477 /mo

What's Special

HARDWOOD FLOORS
STAINLESS STEEL APPLIANCES
FINISHED BASEMENT

FABULOUS corner-lot rambler has it all: three bedrooms on the main level, stunning hardwood floors, and black stainless steel appliances. Finished basement, complete with a 1/2 bath. Enjoy the fenced-in yard, perfect for gatherings, recreation and pets. With a brand-new furnace (2024) and a central A/C unit from 2020, you'll be comfortable year-round! 1 year home warranty from HWA included for buyers.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.45
Remaining Loan Term
25 years, 2 months
Monthly PITI
$1,502.84/mo
Estimated Loan Balance
$209,518
Cash to close
$41,588
Interest Paid
$34,720

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Shake Siding, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room, Living Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link
Roof
  • Roof: Unknown
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
  • Shake Siding, Wood Siding
  • Roof: Unknown
Condition
  • Year Built: 1954
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Nichols-Frissell Cos Stewart Heights
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Minneapolis

Financial Details

  • Price per Sqft: $155.04
  • Tax Annual Amount: $2666
  • On Market Date: 2024-11-08T00:00:00.000Z
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 $41,588 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $41,588!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$198,412
Your Cash$41,588
Total Purchase Price:$240,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$976/mo
Traditional @ 7.5%
$1,532/mo
You save $556/month ($6,673/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6627955

Listing From: northstar

Last updated: 2024-11-14T17:00:02.000Z

© , 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

3.45%
7.15%

Principal & Interest

$976 /mo
$1,477 /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 $41,588 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $41,588!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$198,412
Your Cash$41,588
Total Purchase Price:$240,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$976/mo
Traditional @ 7.5%
$1,532/mo
You save $556/month ($6,673/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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