$223,500
($11,556 down)531 1st Avenue SW, Forest Lake, MN 55025
PITI Monthly
Listing courtesy of: , Keller Williams Classic Realty
Assumed Rate
5.23%
7.15%Principal & Interest
$1,209 /mo
$1,482 /moWhat's Special
Check out this gem! Discover the perfect blend of nostalgia and comfort in this delightful vintage house a short stroll to Forest Lake! This inviting home features 2 bedrooms and 2 bathrooms, ideal for relaxation and privacy. As you step inside, you'll be greeted by the warmth of original hardwood floors in select areas, showcasing the house's timeless charm. The cozy living spaces-including the front porch are perfect for both entertaining and unwinding. The 3rd bedroom in lower level just needs finishing-egress window is already there! The property boasts a heated insulated garage with additional amperage, providing ample space for your vehicles and hobbies. The semi-private backyard is a true retreat, complete with a fire pit perfect for cozy evenings spent under the stars. Conveniently located near shopping, schools & restaurants! Don't miss out-schedule your showing today!
Assumption Snapshot
Type of Loan
FHA
Interest Rate
5.23
Remaining Loan Term
27 years, 4 months
Monthly PITI
$1,688.54/mo
Estimated Loan Balance
$227,037
Cash to close
$11,556
Interest Paid
$30,035
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
Cooling & Heating
- Cooling: Central Air, Window Unit(s)
- Heating: Forced Air
Features
- Materials: Wood Siding
- Community: Unknown
- Has Fireplace: No
- Fireplace Features: Unknown
- Flooring: Unknown
Exterior
Fencing
- Fencing: Chain Link, Partial
Roof
- Roof: Unknown
Parking
- Garage: Yes
- Garage Spaces: 2
- Carport: No
- Carport Spaces:
Water
- Sewer: City Sewer - In Street
- Water Source: City Water - In Street
Pool
- Has Pool: No
- Pool Features: Unknown
Construction
Type & Style
- Stories:
- Home type: Single Family Residence
- Architectural Style: Unknown
Materials
- Wood Siding
- Roof: Unknown
Condition
- Year Built: 1905
Details
- Builder:
Community & HOA
Community
- Subdivision: Houles 02 Add Forest Lake
- Features: None
HOA
- Has HOA: No
Location
- Region: Forest Lake
Financial Details
- Price per Sqft: $246.15
- Tax Annual Amount: $2088
- On Market Date: 2024-11-26T00:00:00.000Z
Inquire about this property
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You cover the entire equity of $11,556!
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Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: NST6635465
Listing From: northstar
Last updated: 2024-12-26T04:30:02.000Z
© , 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
5.23%
7.15%Principal & Interest
$1,209 /mo
$1,482 /moInquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $11,556!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
Follow Us
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000Resources
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