Laura Jewett

Laura Jewett

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Closed

$415,999

($265,949 down)
FHA

5220 Belmoral Lane NW, Rochester, MN 55901

4
4
3,780 sqft
PITI Monthly
$1,801.88 /mo

Listing courtesy of: , RE/MAX Results

Assumed Rate

6.71%
7.15%

Principal & Interest

$1,111 /mo
$1,161 /mo

What's Special

DINING
FIREPLACE
WALK-IN CLOSET
PATIO
CUL-DE-SAC

Here's the one for your family! Cul-de-sac living at its best. This 2 story home offers so many great features starting with 4 bedrooms on one level, master bathroom and walk-in closet! A huge foyer welcomes guests to a main floor with formal and informal living rooms and fireplace. A formal dining space as well as eat-in kitchen offer space for all to eat together! This walk-out basement has a brand new patio out back and a big yard to enjoy! Schedule your showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.71
Remaining Loan Term
28 years, 4 months
Monthly PITI
$1,801.88/mo
Estimated Loan Balance
$170,269
Cash to close
$265,949
Interest Paid
$19,067

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Fireplace(s)
Features
  • Materials: Brick/Stone, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Family Room, Gas, Insert
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Asphalt
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: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Brick/Stone, Vinyl Siding
  • Roof: Asphalt
Condition
  • Year Built: 1997
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Kings Run Third
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Rochester

Financial Details

  • Price per Sqft: $110.05
  • Tax Annual Amount: $5032
  • On Market Date: 2024-08-09T00:00:00.000Z
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 $265,949 (64%)
You can enter any amount below - secondary financing will cover the difference if needed.
64%
$

You cover the entire equity of $265,949!

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

Loan Breakdown

Assumed Mortgage6.71% Sellers Rate
$150,050
Your Cash:$265,949
Total Purchase Price:$415,999

Assumed vs Traditional Mortgage

Assumed @ 6.71%
$1,111/mo
Traditional @ 7.5%
$1,205/mo
You save $94/month ($1,128/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6583881

Listing From: northstar

Last updated: 2024-09-27T18:50:02.000Z

© , 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

6.71%
7.15%

Principal & Interest

$1,111 /mo
$1,161 /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 $265,949 (64%)
You can enter any amount below - secondary financing will cover the difference if needed.
64%
$

You cover the entire equity of $265,949!

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

Loan Breakdown

Assumed Mortgage6.71% Sellers Rate
$150,050
Your Cash:$265,949
Total Purchase Price:$415,999

Assumed vs Traditional Mortgage

Assumed @ 6.71%
$1,111/mo
Traditional @ 7.5%
$1,205/mo
You save $94/month ($1,128/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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