Laura Jewett

Laura Jewett

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$280,000

($82,265 down)
FHA

4590 Sterling Drive, Big Lake, MN 55309

4
2
1,880 sqft
PITI Monthly
$1,739.61 /mo

Listing courtesy of: , Fish MLS Realty

Assumed Rate

4.83%
7.15%

Principal & Interest

$1,163 /mo
$1,492 /mo

What's Special

LOCATION
SERENE
SPACIOUS
MODERN
HOME OFFICE
FENCED YARD
QUIET NEIGHBORHOOD
CHARMING

Charming 4-Bedroom, 2-Bath Split Entry home in Beautiful Big Lake, MN. Welcome to this spacious and well-maintained 4-bedroom, 2-bath split entry home, located in the serene and picturesque Big Lake! Nestled on a large, fully fenced lot, this property offers privacy, tranquility, and ample space for outdoor activities, and includes an above ground pool. Property Features: 4 Bedrooms – Plenty of room for family, guests, or a home office. 2 Full Baths – Modern finishes with convenient access to all rooms. Split Entry Design – Spacious, open layout with great flow for everyday living and entertaining. Large Fenced Lot – Enjoy peace of mind with a fenced yard, perfect for kids, pets, or gardening. Spacious Kitchen & Living Areas – Bright, open spaces with modern appliances, ideal for cooking and hosting. Attached Garage – Convenient parking and extra storage space. Serene Location – Situated in a quiet neighborhood with easy access to local amenities and scenic outdoor recreation by Big Lake. Sold as-is.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.83
Remaining Loan Term
23 years, 8 months
Monthly PITI
$1,739.61/mo
Estimated Loan Balance
$262,885
Cash to close
$82,265
Interest Paid
$64,102

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • 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, Privacy
Roof
  • Roof: Age 8 Years or Less, Asphalt
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: Above Ground

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 1999
Details
  • Builder:

Community & HOA

Community
  • Subdivision: The Shores Of Lake Mitchell Fifth Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Big Lake

Financial Details

  • Price per Sqft: $148.94
  • Tax Annual Amount: $3240
  • On Market Date: 2024-12-21T00:00:00.000Z
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 $82,265 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $82,265!

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

Loan Breakdown

Assumed Mortgage4.83% Sellers Rate
$197,735
Your Cash$82,265
Total Purchase Price:$280,000

Assumed vs Traditional Mortgage

Assumed @ 4.83%
$1,163/mo
Traditional @ 7.5%
$1,548/mo
You save $385/month ($4,616/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6642113

Listing From: northstar

Last updated: 2025-01-15T20:40:02.000Z

© , 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

4.83%
7.15%

Principal & Interest

$1,163 /mo
$1,492 /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 $82,265 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $82,265!

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

Loan Breakdown

Assumed Mortgage4.83% Sellers Rate
$197,735
Your Cash$82,265
Total Purchase Price:$280,000

Assumed vs Traditional Mortgage

Assumed @ 4.83%
$1,163/mo
Traditional @ 7.5%
$1,548/mo
You save $385/month ($4,616/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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