Laura Jewett

Laura Jewett

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Closed

$243,000

($106,219 down)
FHA

55107 Owen Lake Rd, Bigfork, MN 56628

1
1
960 sqft
PITI Monthly
$1,052.15 /mo

Listing courtesy of: , RE/MAX Advantage Plus

Assumed Rate

3.47%
7.15%

Principal & Interest

$673 /mo
$1,016 /mo

What's Special

SERENE
HOME OFFICE

Discover the charm of a stunning lakeshore property on Owen Lake, priced to sell! This house boasts a newer roof, brand-new windows, and beautiful wood-look flooring throughout. A walk-out full basement provides additional living space, perfect for entertaining or relaxation, and includes a versatile store room that can be transformed into whatever you need, be it a home office, gym, or workshop. Owen Lake spans 267 acres and reaches a depth of 34 feet, offering ample opportunities for fishing and water activities. The lake is home to a diverse array of fish species, making it a paradise for fishing enthusiasts. You can catch black bullhead, black crappie, bluegill, brown bullhead, and hybrid sunfish. The lake also features largemouth bass, northern pike, pumpkinseed, smallmouth bass, walleye, and yellow perch. Whether you are an avid angler or simply enjoy the serene beauty of a lakeside retreat, this property offers an exceptional chance to have tranquil & recreational activities!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.47
Remaining Loan Term
25 years, 0 months
Monthly PITI
$1,052.15/mo
Estimated Loan Balance
$137,057
Cash to close
$106,219
Interest Paid
$24,803

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: Baseboard, Wood Stove
Features
  • Materials: Other
  • 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: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Private Sewer
  • Water Source: Private
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Other
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 1977
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $253.13
  • Tax Annual Amount: $1474
  • On Market Date: 2024-05-03T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $106,219 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $106,219!

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

Loan Breakdown

Assumed Mortgage3.47% Sellers Rate
$136,781
Your Cash$106,219
Total Purchase Price:$243,000

Assumed vs Traditional Mortgage

Assumed @ 3.47%
$673/mo
Traditional @ 7.5%
$1,054/mo
You save $381/month ($4,570/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6530850

Listing From: northstar

Last updated: 2024-10-21T17:25:02.000Z

© , 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

3.47%
7.15%

Principal & Interest

$673 /mo
$1,016 /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 $106,219 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $106,219!

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

Loan Breakdown

Assumed Mortgage3.47% Sellers Rate
$136,781
Your Cash$106,219
Total Purchase Price:$243,000

Assumed vs Traditional Mortgage

Assumed @ 3.47%
$673/mo
Traditional @ 7.5%
$1,054/mo
You save $381/month ($4,570/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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