Laura Jewett

Laura Jewett

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Closed

$315,000

($25,607 down)
FHA

4504 Stevens Avenue, Minneapolis, MN 55419

3
2
1,480 sqft
PITI Monthly
$2,502.37 /mo

Listing courtesy of: , Keller Williams Premier Realty Lake Minnetonka

Assumed Rate

6.34%
7.15%

Principal & Interest

$1,831 /mo
$1,990 /mo

What's Special

LOCATION
SPACIOUS
MODERN
HARDWOOD FLOORS
DECK
PUBLIC TRANSPORTATION
CHARMING

Welcome to 4504 Stevens Avenue, a charming bungalow in South Minneapolis. Talk about location, location, location! A block off 35W, you’ll have easy access to downtown, public transportation, the airport, and a variety of restaurants. You will also be just minutes from the Minneapolis Lakes. The kitchen was fully updated in 2022 with all new appliances and countertops, and you will find hardwood floors throughout the main floor living areas. Other recent updates include a new roof in 2021, new A/C in 2022 and new furnace in 2023. Step outside to enjoy a spacious deck, great for outdoor gatherings, and an oversized two-car garage that offers plenty of room for parking and storage. This beautifully maintained bungalow has everything you need, from modern upgrades to a fantastic location. Don’t miss the chance to make it yours, schedule a tour today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.34
Remaining Loan Term
28 years, 2 months
Monthly PITI
$2,502.37/mo
Estimated Loan Balance
$304,864
Cash to close
$25,607
Interest Paid
$33,891

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Unknown
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
  • Stucco
  • Roof: Unknown
Condition
  • Year Built: 1926
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Turner & Warnocks 1st Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Minneapolis

Financial Details

  • Price per Sqft: $212.84
  • Tax Annual Amount: $3753
  • On Market Date: 2024-12-03T00:00:00.000Z
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 $25,607 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $25,607!

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

Loan Breakdown

Assumed Mortgage6.34% Sellers Rate
$289,393
Your Cash$25,607
Total Purchase Price:$315,000

Assumed vs Traditional Mortgage

Assumed @ 6.34%
$1,831/mo
Traditional @ 7.5%
$2,064/mo
You save $233/month ($2,793/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6614349

Listing From: northstar

Last updated: 2025-01-10T20:43:02.000Z

© , 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

$1,831 /mo
$1,990 /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 $25,607 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $25,607!

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

Loan Breakdown

Assumed Mortgage6.34% Sellers Rate
$289,393
Your Cash$25,607
Total Purchase Price:$315,000

Assumed vs Traditional Mortgage

Assumed @ 6.34%
$1,831/mo
Traditional @ 7.5%
$2,064/mo
You save $233/month ($2,793/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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