Laura Jewett

Laura Jewett

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Closed

$315,000

($116,756 down)
FHA

4838 32nd Avenue S, Minneapolis, MN 55417

2
1
1,162 sqft
PITI Monthly
$1,720.59 /mo

Listing courtesy of: , Keller Williams Integrity Realty

Assumed Rate

3.92%
7.15%

Principal & Interest

$1,086 /mo
$1,552 /mo

What's Special

LOCATION
ENTERTAINMENT
SPACIOUS
HARDWOOD FLOORS
PATIO
FENCED YARD
CHARMING

This charming 1920s Craftsman bungalow offers classic Minneapolis living with a light-filled three-season front porch, beautiful hardwood floors, and timeless Craftsman details. The large fenced yard is perfect for entertaining, featuring an outdoor patio for gatherings. The lower level includes a spacious finished room with a brand-new egress window, ideal as an entertainment space or personal retreat. Located in the sought-after Keewaydin neighborhood, just half a block from Minnehaha Parkway and the creek, this home is an easy stroll to Lake Nokomis or the vibrant shops and restaurants at 34th and 51st. With easy access to the Blue Line light rail and a short bike ride to Minnehaha Falls, this location offers convenience and outdoor recreation right at your doorstep.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.92
Remaining Loan Term
22 years, 9 months
Monthly PITI
$1,720.59/mo
Estimated Loan Balance
$199,552
Cash to close
$116,756
Interest Paid
$60,787

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link, Wood
Roof
  • Roof: Age Over 8 Years, Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: Age Over 8 Years, Asphalt
Condition
  • Year Built: 1922
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Minnehaha Pkwy Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Minneapolis

Financial Details

  • Price per Sqft: $271.08
  • Tax Annual Amount: $3858
  • On Market Date: 2024-10-17T00:00:00.000Z
Inquire about this property

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Apply to Assume

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Savings Calculator

Current cash to close is $116,756 (37%)
You can enter any amount below - secondary financing will cover the difference if needed.
37%
$

You cover the entire equity of $116,756!

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

Loan Breakdown

Assumed Mortgage3.92% Sellers Rate
$198,244
Your Cash$116,756
Total Purchase Price:$315,000

Assumed vs Traditional Mortgage

Assumed @ 3.92%
$1,086/mo
Traditional @ 7.5%
$1,610/mo
You save $523/month ($6,280/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6594723

Listing From: northstar

Last updated: 2024-11-15T15:16:02.000Z

© , 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

3.92%
7.15%

Principal & Interest

$1,086 /mo
$1,552 /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 $116,756 (37%)
You can enter any amount below - secondary financing will cover the difference if needed.
37%
$

You cover the entire equity of $116,756!

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

Loan Breakdown

Assumed Mortgage3.92% Sellers Rate
$198,244
Your Cash$116,756
Total Purchase Price:$315,000

Assumed vs Traditional Mortgage

Assumed @ 3.92%
$1,086/mo
Traditional @ 7.5%
$1,610/mo
You save $523/month ($6,280/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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