Laura Jewett

Laura Jewett

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Closed

$225,000

($59,897 down)
FHA

504 5th Street, Kenyon, MN 55946

3
1
1,752 sqft
PITI Monthly
$1,223.51 /mo

Listing courtesy of: , Re/Max Advantage Plus

Assumed Rate

2.98%
7.15%

Principal & Interest

$744 /mo
$1,195 /mo

What's Special

LOCATION

Fully updated 1.5 story on an amazing lot in a fantastic location. Amazing extra 2 car garage built in the back 18x24. Us it as a man cave or add bigger garage door! All living facilities on one level, egress window in the basement already. So much potential, Don't miss out.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.98
Remaining Loan Term
26 years, 4 months
Monthly PITI
$1,223.51/mo
Estimated Loan Balance
$176,429
Cash to close
$59,897
Interest Paid
$18,587

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Metal Siding, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age 8 Years or Less, Asphalt
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
  • Metal Siding, Vinyl Siding
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 1945
Details
  • Builder:

Community & HOA

Community
  • Subdivision: S A Bullis 2nd Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Kenyon

Financial Details

  • Price per Sqft: $128.42
  • Tax Annual Amount: $2452
  • On Market Date: 2024-09-17T00:00:00.000Z
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 $59,897 (27%)
You can enter any amount below - secondary financing will cover the difference if needed.
27%
$

You cover the entire equity of $59,897!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$165,103
Your Cash$59,897
Total Purchase Price:$225,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$744/mo
Traditional @ 7.5%
$1,239/mo
You save $495/month ($5,945/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6603178

Listing From: northstar

Last updated: 2024-09-25T15:14:02.000Z

© , 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

2.98%
7.15%

Principal & Interest

$744 /mo
$1,195 /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 $59,897 (27%)
You can enter any amount below - secondary financing will cover the difference if needed.
27%
$

You cover the entire equity of $59,897!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$165,103
Your Cash$59,897
Total Purchase Price:$225,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$744/mo
Traditional @ 7.5%
$1,239/mo
You save $495/month ($5,945/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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