Laura Jewett

Laura Jewett

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Pending

$539,870

($222,524 down)
VA

4721 189th Street W, Farmington, MN 55024

4
4
3,210 sqft
PITI Monthly
$3,153.36 /mo

Listing courtesy of: , HomeAvenue Inc

Assumed Rate

5.48%
7.15%

Principal & Interest

$2,470 /mo
$2,944 /mo

What's Special

SERENE
ENTERTAINMENT
SPACIOUS
HARDWOOD FLOORS
FIREPLACE
WALK-IN CLOSET
DECK
PATIO
FAMILY-FRIENDLY
COZY

Welcome to this well-maintained 3,330 SF home in the peaceful and family-friendly city of Farmington, MN! With 4 bedrooms and 4 bathrooms, this property offers plenty of space and functionality for everyday living. The upper level features a comfortable master bedroom with an ensuite master bath, along with two additional bedrooms and a second full bathroom—perfect for accommodating family or guests. Stay cozy during Minnesota winters with two fireplaces, or take advantage of the relaxing hot tub when you need to unwind. The 3-car garage provides ample space for vehicles, tools, and storage. The home features a blend of plush carpet and durable hardwood floors, offering both comfort and practicality. The lower level includes a spacious family room or entertainment area, a 3/4 bath, and a generously sized bedroom with a walk-in closet. Step outside and enjoy the serene backdrop of a wildlife preserve, where deer are known to wander through and feed, creating a peaceful connection to nature. The outdoor space also includes new landscaping with boulder blocks, a well-built retaining wall, and a designer patio that adds a welcoming touch to the backyard. The deck has been re-skirted, and a new fence enhances privacy and curb appeal. Located in a community known for its friendly atmosphere and well-maintained parks, this home provides a wonderful environment for families to grow and thrive. Whether you're walking to nearby trails, enjoying local schools, or connecting with neighbors, you'll feel right at home in this welcoming neighborhood. Built with care and recently updated, this home is ready to provide a balance of comfort, style, and natural beauty for its next owners. Don’t miss your opportunity to make this your home—schedule a showing today!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
5.48
Remaining Loan Term
15 years, 11 months
Monthly PITI
$3,153.36/mo
Estimated Loan Balance
$374,354
Cash to close
$222,524
Interest Paid
$295,720

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Engineered Wood
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age 8 Years or Less
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • 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
  • Engineered Wood
  • Roof: Age 8 Years or Less
Condition
  • Year Built: 2004
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Meadow Creek 3rd Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Farmington

Financial Details

  • Price per Sqft: $168.18
  • Tax Annual Amount: $6206
  • On Market Date: 2025-01-03T00:00:00.000Z
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 $222,524 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$

You cover the entire equity of $222,524!

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

Loan Breakdown

Assumed Mortgage5.48% Sellers Rate
$317,346
Your Cash$222,524
Total Purchase Price:$539,870

Assumed vs Traditional Mortgage

Assumed @ 5.48%
$2,470/mo
Traditional @ 7.5%
$3,054/mo
You save $584/month ($7,012/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6644193

Listing From: northstar

Last updated: 2025-03-08T15:42:03.000Z

© , 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

5.48%
7.15%

Principal & Interest

$2,470 /mo
$2,944 /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 $222,524 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$

You cover the entire equity of $222,524!

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

Loan Breakdown

Assumed Mortgage5.48% Sellers Rate
$317,346
Your Cash$222,524
Total Purchase Price:$539,870

Assumed vs Traditional Mortgage

Assumed @ 5.48%
$2,470/mo
Traditional @ 7.5%
$3,054/mo
You save $584/month ($7,012/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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