Laura Jewett

Laura Jewett

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Closed

$367,500

($160,432 down)
FHA

6400 1st Street N, Moorhead, MN 56560

4
3
2,276 sqft
PITI Monthly
$1,581.3 /mo

Listing courtesy of: , eXp Realty (219 WF)

Assumed Rate

2.89%
7.15%

Principal & Interest

$941 /mo
$1,528 /mo

What's Special

SPACIOUS
HIGH-END FINISHES
STAINLESS STEEL APPLIANCES

New, New & more New! This stunning 4-bedroom, 3-bathroom home in the desirable Oakport neighborhood is packed with high-end finishes completed in the last year! Situated on a quiet 1/2 acre lot, this amazing home will grab your attention the moment you arrive! The main floor boasts upgraded LVP flooring, recessed lighting & an open-concept layout. The kitchen features durable Dekton countertops, custom cabinets, stainless steel appliances, & a corner pantry with a custom barn door! As you make your way downstairs the large family room will be perfect for entertaining or relaxing on those hot summer days! The lower level also offers two fully updated bathrooms, new LVP flooring & two spacious bedrooms with WIC's. Additional upgrades include spray-foamed walls for added efficiency, new Pex plumbing, new electrical, new vinyl windows, an upgraded furnace & a heated garage! Don't miss out on this beautifully updated home!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.89
Remaining Loan Term
25 years, 7 months
Monthly PITI
$1,581.3/mo
Estimated Loan Balance
$207,949
Cash to close
$160,432
Interest Paid
$27,516

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick/Stone, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Vinyl

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Architectural Shingle
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: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Brick/Stone, Vinyl Siding
  • Roof: Architectural Shingle
Condition
  • Year Built: 1985
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Tree Story 2nd Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Moorhead

Financial Details

  • Price per Sqft: $161.47
  • Tax Annual Amount: $3964
  • On Market Date: 2024-06-14T00:00:00.000Z
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 $160,432 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $160,432!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$207,068
Your Cash$160,432
Total Purchase Price:$367,500

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$941/mo
Traditional @ 7.5%
$1,585/mo
You save $645/month ($7,736/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6549505

Listing From: northstar

Last updated: 2024-12-28T07:38:02.000Z

© , 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

2.89%
7.15%

Principal & Interest

$941 /mo
$1,528 /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 $160,432 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $160,432!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$207,068
Your Cash$160,432
Total Purchase Price:$367,500

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$941/mo
Traditional @ 7.5%
$1,585/mo
You save $645/month ($7,736/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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