Laura Jewett

Laura Jewett

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Closed

$368,900

($56,377 down)
FHA

600 Roaring Cloud Circle, Luverne, MN 56156

4
3
2,844 sqft
PITI Monthly
$2,573.48 /mo

Listing courtesy of: , Real Estate Retrievers-Luverne

Assumed Rate

6.34%
7.15%

Principal & Interest

$1,984 /mo
$2,155 /mo

What's Special

LOCATION
SERENE
SPACIOUS
FITNESS CENTER
CUL-DE-SAC
EFFICIENT

Welcome to this stunning and spacious garden-level home, perfectly nestled on a generous lot in a highly sought-after neighborhood. As you step inside, you’ll immediately be greeted by a centrally located kitchen that serves as the heart of the home, ideal for family gatherings and entertaining. The layout features three expansive living areas, each designed with comfort and functionality in mind, providing plenty of space for everyone to relax and unwind. The home is adorned with magnificent high beamed ceilings that lend an air of elegance and charm. Large windows grace every room, allowing natural light to flood in and illuminating the beautiful interior. Each level boasts a conveniently located bathroom, making daily routines smooth and effortless for busy family life. Set on a peaceful cul-de-sac, this property enjoys a fantastic location directly across from an Aquatics and Fitness Center, complete with an exciting outdoor water park—perfect for summer fun. Moreover, a future daycare center is within easy reach, and you’re conveniently situated on a school bus route, ensuring that school days are hassle-free. For those who love the outdoors, hop on your bikes and explore over 6 miles of scenic, paved bike trails that wind through the city, offering great opportunities for exercise and fresh air. The home has undergone numerous significant updates to enhance its appeal and functionality. In 2018, extensive renovations were completed, including elegant new wood flooring, a durable new roof, LP wood siding, and leaf guard gutters, all designed to reduce maintenance and improve durability. A radon mitigation system was also installed in 2020, prioritizing your peace of mind. Most recently, in 2023, the installation of a new heat pump HVAC systems brings efficient heating and cooling to your living environment, which translates to lower energy costs. Additionally, a new vinyl privacy fence provides a serene outdoor space for relaxation and play. To sweeten the deal, the sellers are offering the buyer a generous $2,500 flooring allowance for replacing the damaged carpeting, allowing you to customize the home to your taste. Don’t miss the opportunity to own this beautiful single-family home—schedule your private tour today and envision your future in this remarkable space!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.34
Remaining Loan Term
28 years, 2 months
Monthly PITI
$2,573.48/mo
Estimated Loan Balance
$312,853
Cash to close
$56,377
Interest Paid
$36,715

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Ductless Mini-Split, Forced Air
Features
  • Materials: Engineered Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Vinyl
Roof
  • Roof: Age 8 Years or Less
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • 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
  • Engineered Wood
  • Roof: Age 8 Years or Less
Condition
  • Year Built: 1976
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Tri-State Add
  • Features: No Stairs External
HOA
  • Has HOA: No
Location
  • Region: Luverne

Financial Details

  • Price per Sqft: $129.71
  • Tax Annual Amount: $3524
  • On Market Date: 2025-03-05T00:00:00.000Z
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 $56,377 (15%)
You can enter any amount below - secondary financing will cover the difference if needed.
15%
$

You cover the entire equity of $56,377!

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

Loan Breakdown

Assumed Mortgage6.34% Sellers Rate
$312,523
Your Cash$56,377
Total Purchase Price:$368,900

Assumed vs Traditional Mortgage

Assumed @ 6.34%
$1,984/mo
Traditional @ 7.5%
$2,236/mo
You save $252/month ($3,025/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6680386

Listing From: northstar

Last updated: 2025-03-06T15:33:03.000Z

© , 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

6.34%
7.15%

Principal & Interest

$1,984 /mo
$2,155 /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 $56,377 (15%)
You can enter any amount below - secondary financing will cover the difference if needed.
15%
$

You cover the entire equity of $56,377!

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

Loan Breakdown

Assumed Mortgage6.34% Sellers Rate
$312,523
Your Cash$56,377
Total Purchase Price:$368,900

Assumed vs Traditional Mortgage

Assumed @ 6.34%
$1,984/mo
Traditional @ 7.5%
$2,236/mo
You save $252/month ($3,025/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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