Laura Jewett

Laura Jewett

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Closed

$330,000

($98,598 down)
FHA

4325 Thomas Avenue N, Minneapolis, MN 55412

N/A
N/A
2,535 sqft
PITI Monthly
$1,824.71 /mo

Listing courtesy of: , Rize Realty

Assumed Rate

3.76%
7.15%

Principal & Interest

$1,122 /mo
$1,635 /mo

What's Special

DINING
FINISHED BASEMENT

Great duplex in a quiet part of the Victory Neighborhood. Minutes from Victory Memorial Parkway boasting an abundance of green space in the city. Unit 1 is a 1 bed, 1 bathroom with a great blend of tasteful updates and original charm. Updated kitchen and bathroom, open floor plan with living room and dining room. Basement of Unit 1 provides ample storage and personal washer/dryer. Unit 2 is a 2 bed, 1 bathroom. One bedroom is on the main floor and the unit largely mirrors the other unit except there is a separate staircase going to a finished basement area with an additional bedroom and small second living area. Private washer/dryer and lots of storage in this basement as well. One car garage out back is great for use or storage. Great opportunity for an owner-occupant to live in one unit and have the other unit pay down a majority of their mortgage! New gutters to be installed prior to closing.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.76
Remaining Loan Term
27 years, 0 months
Monthly PITI
$1,824.71/mo
Estimated Loan Balance
$231,798
Cash to close
$98,598
Interest Paid
$26,557

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: Unknown
  • Heating: Forced Air
Features
  • Materials: Brick/Stone, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Asphalt, Pitched
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: Duplex Side by Side
  • Architectural Style: Unknown
Materials
  • Brick/Stone, Stucco
  • Roof: Asphalt, Pitched
Condition
  • Year Built: 1937
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Howes Hyland Homes Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Minneapolis

Financial Details

  • Price per Sqft: $130.18
  • Tax Annual Amount: $4572
  • On Market Date: 2024-08-16T00:00:00.000Z
Inquire about this property

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Savings Calculator

Current cash to close is $98,598 (30%)
You can enter any amount below - secondary financing will cover the difference if needed.
30%
$

You cover the entire equity of $98,598!

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

Loan Breakdown

Assumed Mortgage3.76% Sellers Rate
$231,402
Your Cash$98,598
Total Purchase Price:$330,000

Assumed vs Traditional Mortgage

Assumed @ 3.76%
$1,122/mo
Traditional @ 7.5%
$1,696/mo
You save $573/month ($6,881/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6587318

Listing From: northstar

Last updated: 2024-10-01T12:12:02.000Z

© , 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

3.76%
7.15%

Principal & Interest

$1,122 /mo
$1,635 /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 $98,598 (30%)
You can enter any amount below - secondary financing will cover the difference if needed.
30%
$

You cover the entire equity of $98,598!

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

Loan Breakdown

Assumed Mortgage3.76% Sellers Rate
$231,402
Your Cash$98,598
Total Purchase Price:$330,000

Assumed vs Traditional Mortgage

Assumed @ 3.76%
$1,122/mo
Traditional @ 7.5%
$1,696/mo
You save $573/month ($6,881/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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