Laura Jewett

Laura Jewett

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Closed

$380,000

($55,002 down)
FHA

4709 Columbus Avenue, Minneapolis, MN 55407

2
2
1,360 sqft
PITI Monthly
$2,346.59 /mo

Listing courtesy of: , Coldwell Banker Realty

Assumed Rate

3.76%
7.15%

Principal & Interest

$1,584 /mo
$2,308 /mo

What's Special

DINING
MODERN
HARDWOOD FLOORS
FENCED YARD

Welcome home to this South Minneapolis beauty! This 1920s 2-story home is conveniently located just one block to the shops & dining at 48th & Chicago. Walk in and be greeted by the sun-soaked three season porch before making your way into the bright & airy living room. Gorgeous windows, interior shutters and hardwood floors throughout magnify the character of this home. Homey kitchen blends old world charm and modern conveniences with original 1920s cabinetry built to ceiling and new 2023 stainless steel Frigidaire appliances. Upper level features two large bedrooms, including one with oversized walk in closet, and a full bath. Basement was recently finished in 2024 including a family room and ¾ bathroom. New washer & dryer 2024. Freshened up front and back landscaping as well as fully fenced yard make this your perfect oasis in the city! Walking distance to Minnehaha Parkway, Lake Nokomis, McRae Park and Pearl Park and minutes from 35W.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.76
Remaining Loan Term
27 years, 1 months
Monthly PITI
$2,346.59/mo
Estimated Loan Balance
$327,245
Cash to close
$55,002
Interest Paid
$36,481

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Wall Unit(s)
  • Heating: Boiler
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 - In Street
  • Water Source: City Water - In Street
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: 1922
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Belmont Park Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Minneapolis

Financial Details

  • Price per Sqft: $279.41
  • Tax Annual Amount: $4442
  • On Market Date: 2024-11-20T00:00:00.000Z
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 $55,002 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $55,002!

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

Loan Breakdown

Assumed Mortgage3.76% Sellers Rate
$324,998
Your Cash$55,002
Total Purchase Price:$380,000

Assumed vs Traditional Mortgage

Assumed @ 3.76%
$1,584/mo
Traditional @ 7.5%
$2,394/mo
You save $809/month ($9,714/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6633041

Listing From: northstar

Last updated: 2025-02-05T17:06:02.000Z

© , 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

$1,584 /mo
$2,308 /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 $55,002 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $55,002!

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

Loan Breakdown

Assumed Mortgage3.76% Sellers Rate
$324,998
Your Cash$55,002
Total Purchase Price:$380,000

Assumed vs Traditional Mortgage

Assumed @ 3.76%
$1,584/mo
Traditional @ 7.5%
$2,394/mo
You save $809/month ($9,714/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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