Laura Jewett

Laura Jewett

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Closed

$550,000

($294,556 down)
FHA

4936 Stevens Avenue, Minneapolis, MN 55419

4
3
2,187 sqft
PITI Monthly
$2,209.91 /mo

Listing courtesy of: , Keller Williams Select Realty

Assumed Rate

3.9%
7.15%

Principal & Interest

$1,403 /mo
$2,009 /mo

What's Special

REMODELED
DECK

Welcome to the rolling hills of Tangletown and check out this Georgian Colonial beauty! Home features views of Downtown Minneapolis Skyline from Upper Deck. This oversized city lot has room for RV/Boat/SUV parking or another garage. Just painted exterior and upper level deck in May 2024! Extensively remodeled during ownership including New Furnace, New AC & Ductwork, New Boiler, New Water Heater, New Roofs, New Main Deck, New fence, New Carpet upstairs/basement, Two New Bathrooms w/Carrara Marble Floors, New Light Fixtures, New Paint, New Doors, Brand New Basement with New electrical and plumbing, New Basement Windows, New Landscaping, New laundry appliances. Home features high-end Anderson Renewal Windows & Storm Windows for security, privacy, and most of all Soundproofing! Have your agent send the lengthy 'Home Improvement List'. Property features Assumable mortgage with 3.125% interest rate.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.9
Remaining Loan Term
22 years, 5 months
Monthly PITI
$2,209.91/mo
Estimated Loan Balance
$401,585
Cash to close
$294,556
Interest Paid
$81,579

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Boiler, Forced Air, Fireplace(s)
Features
  • Materials: Brick/Stone, Cedar, Metal Siding, Shake Siding, Wood Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Brick, Family Room, Full Masonry, Gas, Insert, Living Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Full, Other
Roof
  • Roof: Age 8 Years or Less, Asphalt, Metal, Pitched, Rubber
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer/Connected, City Sewer - In Street
  • Water Source: City Water/Connected, City Water - In Street
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Brick/Stone, Cedar, Metal Siding, Shake Siding, Wood Siding
  • Roof: Age 8 Years or Less, Asphalt, Metal, Pitched, Rubber
Condition
  • Year Built: 1926
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Washburn Park Terrace
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Minneapolis

Financial Details

  • Price per Sqft: $251.49
  • Tax Annual Amount: $5151
  • On Market Date: 2024-06-07T00:00:00.000Z
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 $294,556 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$

You cover the entire equity of $294,556!

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

Loan Breakdown

Assumed Mortgage3.9% Sellers Rate
$255,444
Your Cash:$294,556
Total Purchase Price:$550,000

Assumed vs Traditional Mortgage

Assumed @ 3.9%
$1,403/mo
Traditional @ 7.5%
$2,084/mo
You save $681/month ($8,173/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6547777

Listing From: northstar

Last updated: 2024-09-10T20:34:02.000Z

© , 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

3.9%
7.15%

Principal & Interest

$1,403 /mo
$2,009 /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 $294,556 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$

You cover the entire equity of $294,556!

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

Loan Breakdown

Assumed Mortgage3.9% Sellers Rate
$255,444
Your Cash:$294,556
Total Purchase Price:$550,000

Assumed vs Traditional Mortgage

Assumed @ 3.9%
$1,403/mo
Traditional @ 7.5%
$2,084/mo
You save $681/month ($8,173/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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