Laura Jewett

Laura Jewett

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Closed

$237,000

($67,962 down)
FHA

6389 207th Street N, Forest Lake, MN 55025

3
2
1,430 sqft
PITI Monthly
$1,270.41 /mo

Listing courtesy of: , Keller Williams Preferred Rlty

Assumed Rate

3.16%
7.15%

Principal & Interest

$797 /mo
$1,251 /mo

What's Special

DINING
SPACIOUS
MODERN
VAULTED CEILINGS
PATIO
BALCONY
CHARMING

Welcome to 6389 207th Street N, a bright and spacious 3-bedroom, 2-bathroom end-unit townhome located in the community of Forest Lake. This two-story home offers a perfect blend of modern living and comfort, with desirable features throughout. As you step upstairs, you'll immediately notice the vaulted ceilings that create a sense of openness and airiness. The natural light pours into the living spaces, enhancing the warm and inviting atmosphere. The open floor plan allows for easy flow between the kitchen, dining, and living areas, making it perfect for entertaining. Upper level also features a charming balcony that overlooks the surrounding neighborhood, ideal for enjoying your morning coffee or a peaceful evening outdoors. For additional outdoor space, the lower level offers a patio. This home also boasts a new water heater, installed in 2021, offering peace of mind and modern efficiency. With three bedrooms and two well-appointed bathrooms, this townhome is perfect for anyone looking for low-maintenance living with plenty of room to grow.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.16
Remaining Loan Term
25 years, 5 months
Monthly PITI
$1,270.41/mo
Estimated Loan Balance
$188,026
Cash to close
$67,962
Interest Paid
$25,554

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick/Stone, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • 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: Townhouse Side x Side
  • Architectural Style: Unknown
Materials
  • Brick/Stone, Vinyl Siding
  • Roof: Unknown
Condition
  • Year Built: 2003
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Sterling Oaks
  • Features: None
HOA
  • Has HOA: Yes
  • HOA Name: Exclusive Property Management
  • HOA Amenities: Unknown
  • HOA Fee: $375
  • HOA Frequency: $Monthly
Location
  • Region: Forest Lake

Financial Details

  • Price per Sqft: $165.73
  • Tax Annual Amount: $2309
  • On Market Date: 2024-09-13T00:00:00.000Z
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 $67,962 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $67,962!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$169,038
Your Cash$67,962
Total Purchase Price:$237,000

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$797/mo
Traditional @ 7.5%
$1,297/mo
You save $501/month ($6,007/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6587486

Listing From: northstar

Last updated: 2024-10-24T15:06:02.000Z

© , 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

3.16%
7.15%

Principal & Interest

$797 /mo
$1,251 /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 $67,962 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $67,962!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$169,038
Your Cash$67,962
Total Purchase Price:$237,000

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$797/mo
Traditional @ 7.5%
$1,297/mo
You save $501/month ($6,007/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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