Laura Jewett

Laura Jewett

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Closed

$275,000

($145,618 down)
FHA

620 5th Street W, Hastings, MN 55033

3
1
1,764 sqft
PITI Monthly
$1,242.26 /mo

Listing courtesy of: , eXp Realty

Assumed Rate

3.77%
7.15%

Principal & Interest

$750 /mo
$1,091 /mo

What's Special

DINING
SPACIOUS
DECK
FENCED YARD
CHARMING
COZY

This beautifully maintained property features 3 bedrooms, with one thoughtfully transformed into a spacious loft, perfect for an office, guest room, or creative space. Enjoy the comfort of two distinct living areas, providing ample room for relaxation and entertaining. The home also boasts a dedicated movie theater area, ideal for cozy movie nights with family and friends. Step outside to your fully fenced yard, offering privacy and security for pets and play. The large deck is perfect for outdoor dining or simply enjoying the fresh air. Plus, the 3-season porch provides a versatile space to unwind and soak in the beauty of the changing seasons. This home is a rare find with its blend of functional living spaces and charming outdoor areas—don't miss your chance to make it yours!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.77
Remaining Loan Term
20 years, 2 months
Monthly PITI
$1,242.26/mo
Estimated Loan Balance
$129,725
Cash to close
$145,618
Interest Paid
$53,920

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Ductless Mini-Split, Window Unit(s)
  • Heating: Hot Water
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • 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
  • Vinyl Siding
  • Roof: Asphalt
Condition
  • Year Built: 1947
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Addition 13
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Hastings

Financial Details

  • Price per Sqft: $155.9
  • Tax Annual Amount: $2736
  • On Market Date: 2024-08-17T00:00:00.000Z
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 $145,618 (53%)
You can enter any amount below - secondary financing will cover the difference if needed.
53%
$

You cover the entire equity of $145,618!

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

Loan Breakdown

Assumed Mortgage3.77% Sellers Rate
$129,382
Your Cash:$145,618
Total Purchase Price:$275,000

Assumed vs Traditional Mortgage

Assumed @ 3.77%
$750/mo
Traditional @ 7.5%
$1,132/mo
You save $382/month ($4,581/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6586517

Listing From: northstar

Last updated: 2024-09-18T18:26:02.000Z

© , 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

3.77%
7.15%

Principal & Interest

$750 /mo
$1,091 /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 $145,618 (53%)
You can enter any amount below - secondary financing will cover the difference if needed.
53%
$

You cover the entire equity of $145,618!

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

Loan Breakdown

Assumed Mortgage3.77% Sellers Rate
$129,382
Your Cash:$145,618
Total Purchase Price:$275,000

Assumed vs Traditional Mortgage

Assumed @ 3.77%
$750/mo
Traditional @ 7.5%
$1,132/mo
You save $382/month ($4,581/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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