Laura Jewett

Laura Jewett

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Closed

$369,900

($44,652 down)
VA

4467 Roberds Lake Trail, Faribault, MN 55021

3
2
1,589 sqft
PITI Monthly
$2,420.92 /mo

Listing courtesy of: , Edina Realty, Inc.

Assumed Rate

5.41%
7.15%

Principal & Interest

$1,995 /mo
$2,397 /mo

What's Special

LOCATION
PATIO

INCREDIBLE lake access for under 400K?! It exists, right in this great location in Faribault - less than an hour from the Twin Cities. Don't miss out on this opportunity to have a MASSIVE half acre lot, with a FOUR-car garage, perfect for storing your boat or toys. The gravel parking pad to the left of the garage is another perfect storage spot! This 2003-built homes offers all the simple luxuries , along with the upgraded back patio and hot tub area! Over 750sqft of outdoor space is fully privacy-fenced for all you could ever want to do. The deeded access to Roberds Lake is just around the corner - and you won't want to miss it. Inside the home, you'll find a functional layout with main level laundry. Upstairs, find two large bedrooms and an updated bath. This is your chance to make your new haven - right here in Faribault.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
5.41
Remaining Loan Term
27 years, 6 months
Monthly PITI
$2,420.92/mo
Estimated Loan Balance
$346,218
Cash to close
$44,652
Interest Paid
$47,192

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Full, Vinyl
Roof
  • Roof: Age 8 Years or Less, Asphalt, Pitched
Parking
  • Garage: Yes
  • Garage Spaces: 4
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer/Connected
  • Water Source: Well
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Age 8 Years or Less, Asphalt, Pitched
Condition
  • Year Built: 2003
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Roberds Shores
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Faribault

Financial Details

  • Price per Sqft: $232.79
  • Tax Annual Amount: $3310
  • On Market Date: 2024-07-02T00:00:00.000Z
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 $44,652 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $44,652!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$325,248
Your Cash$44,652
Total Purchase Price:$369,900

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$1,995/mo
Traditional @ 7.5%
$2,486/mo
You save $491/month ($5,895/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6525445

Listing From: northstar

Last updated: 2024-10-22T19:40:02.000Z

© , 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

5.41%
7.15%

Principal & Interest

$1,995 /mo
$2,397 /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 $44,652 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $44,652!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$325,248
Your Cash$44,652
Total Purchase Price:$369,900

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$1,995/mo
Traditional @ 7.5%
$2,486/mo
You save $491/month ($5,895/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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