Laura Jewett

Laura Jewett

Property SearchContact
primary-1
primary-2primary-3
Closed

$499,900

($262,322 down)
VA

5334 State Highway 27 W, Alexandria, MN 56308

4
2
2,688 sqft
PITI Monthly
$1,379.13 /mo

Listing courtesy of: , Alexandria Brokers Realty dba ABR Realty

Assumed Rate

2.28%
7.15%

Principal & Interest

$989 /mo
$1,741 /mo

What's Special

DINING
SPACIOUS
FIREPLACE
COZY

4.48 acres featuring a split-level walkout home with 4 bedrooms and 2 bathrooms, along with several outbuildings. This spacious kitchen has custom cabinets and in-floor heating near the sink and breakfast bar. You'll appreciate the open dining and large living room area. Lower level is finished with an additional family room with a cozy fireplace, 2 bedrooms, bathroom and laundry/utility area. Outside you will appreciate the 44x30 machine shed with a dirt floor, and a 24x36 workshop/studio that has been updated with new insulation, drywall, flooring, furnace, central air, water heater, toilet, and sink—making it a great potential space for a business. Additionally, there's a 12x25 storage shed with electricity and a concrete floor. The newly built 12x22 grill shack is perfect for outdoor gatherings. The home features a new roof from 2018, newer windows and is connected to city sewer.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.28
Remaining Loan Term
26 years, 4 months
Monthly PITI
$1,379.13/mo
Estimated Loan Balance
$240,784
Cash to close
$262,322
Interest Paid
$20,628

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Baseboard, Hot Water
Features
  • Materials: Fiber Board
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Family Room, Gas
  • 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: Well
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Fiber Board
  • Roof: Asphalt
Condition
  • Year Built: 1972
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Alexandria

Financial Details

  • Price per Sqft: $185.97
  • Tax Annual Amount: $2678
  • On Market Date: 2024-10-16T00:00:00.000Z
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 $262,322 (52%)
You can enter any amount below - secondary financing will cover the difference if needed.
52%
$

You cover the entire equity of $262,322!

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

Loan Breakdown

Assumed Mortgage2.28% Sellers Rate
$237,578
Your Cash:$262,322
Total Purchase Price:$499,900

Assumed vs Traditional Mortgage

Assumed @ 2.28%
$989/mo
Traditional @ 7.5%
$1,806/mo
You save $817/month ($9,800/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6618117

Listing From: northstar

Last updated: 2024-10-24T00:00:04.000Z

© , 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

2.28%
7.15%

Principal & Interest

$989 /mo
$1,741 /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 $262,322 (52%)
You can enter any amount below - secondary financing will cover the difference if needed.
52%
$

You cover the entire equity of $262,322!

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

Loan Breakdown

Assumed Mortgage2.28% Sellers Rate
$237,578
Your Cash:$262,322
Total Purchase Price:$499,900

Assumed vs Traditional Mortgage

Assumed @ 2.28%
$989/mo
Traditional @ 7.5%
$1,806/mo
You save $817/month ($9,800/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

Powered By UMe.

© 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.

equal-housing

© is committed to and abides by the Fair Housing Act of Equal Opportunity.