Laura Jewett

Laura Jewett

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Closed

$295,000

($106,423 down)
VA

5102 Fairpoint Drive N, Hugo, MN 55038

3
3
1,959 sqft
PITI Monthly
$1,385.25 /mo

Listing courtesy of: , Keller Williams Premier Realty

Assumed Rate

2.39%
7.15%

Principal & Interest

$950 /mo
$1,535 /mo

What's Special

GRANITE COUNTERTOPS
WALK-IN CLOSET
DECK

Great end unit in popular Water's Edge development. Upgrades include new LVP flooring on main level, new stainless steel kitchen appliances and new granite countertops in 2021. Covered deck on main level off of kitchen. 3 bedrooms on upper level including huge primary suite with vaulted ceiling and ceiling fan, large walk-in closet and full owner's bath. 2 more bedrooms on upper level with fan in one of them. Lower level has good sized family room. Great club house with outdoor pool, exercise area, community/rec room, outdoor basketball court and walking paths and pond.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.39
Remaining Loan Term
20 years, 8 months
Monthly PITI
$1,385.25/mo
Estimated Loan Balance
$196,905
Cash to close
$106,423
Interest Paid
$20,767

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick/Stone, Vinyl Siding
  • 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/Connected
  • Water Source: City Water/Connected
Pool
  • Has Pool: No
  • Pool Features: Below Ground, Heated, Outdoor Pool, Shared

Construction

Type & Style
  • Stories:
  • Home type: Townhouse Side x Side
  • Architectural Style: Unknown
Materials
  • Brick/Stone, Vinyl Siding
  • Roof: Unknown
Condition
  • Year Built: 2006
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Waters Edge South
  • Features: None
HOA
  • Has HOA: Yes
  • HOA Name: (651) 407-4047
  • HOA Amenities: Unknown
  • HOA Fee: $315
  • HOA Frequency: $Monthly
Location
  • Region: Hugo

Financial Details

  • Price per Sqft: $150.59
  • Tax Annual Amount: $3428
  • On Market Date: 2024-10-02T00:00:00.000Z
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 $106,423 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $106,423!

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

Loan Breakdown

Assumed Mortgage2.39% Sellers Rate
$188,577
Your Cash$106,423
Total Purchase Price:$295,000

Assumed vs Traditional Mortgage

Assumed @ 2.39%
$950/mo
Traditional @ 7.5%
$1,586/mo
You save $637/month ($7,643/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6612092

Listing From: northstar

Last updated: 2025-01-24T21:41:02.000Z

© , 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

2.39%
7.15%

Principal & Interest

$950 /mo
$1,535 /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 $106,423 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $106,423!

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

Loan Breakdown

Assumed Mortgage2.39% Sellers Rate
$188,577
Your Cash$106,423
Total Purchase Price:$295,000

Assumed vs Traditional Mortgage

Assumed @ 2.39%
$950/mo
Traditional @ 7.5%
$1,586/mo
You save $637/month ($7,643/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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