Laura Jewett

Laura Jewett

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Closed

$350,000

($22,479 down)
FHA

6657 Jody Avenue S, Cottage Grove, MN 55016

3
3
1,942 sqft
PITI Monthly
$2,943.91 /mo

Listing courtesy of: , Keller Williams Premier Realty Lake Minnetonka

Assumed Rate

6.9%
7.15%

Principal & Interest

$2,198 /mo
$2,254 /mo

What's Special

LOCATION
LARGE CENTER ISLAND
SERENE
DINING
SPACIOUS
MODERN
FIREPLACE
WALK-IN CLOSET
DECK
COZY

Discover your dream home with this stunning, like-new construction townhome that offers all the modern amenities without the wait! This beautiful 3-bedroom, 3-bathroom gem is now available due to a relocation. You'll love the open floor plan that seamlessly connects the spacious living room, complete with a cozy fireplace, to the elegant formal dining room, perfect for entertaining. The gourmet kitchen is a chef's paradise, featuring sleek white cabinets, exquisite quartz countertops, and a large center island. Retreat to the spacious owner’s suite, complete with a walk-in closet for all your storage needs. Enjoy tranquil afternoons on the deck overlooking nature and a serene pond. Don’t miss the opportunity to make this exceptional townhome yours!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.9
Remaining Loan Term
27 years, 8 months
Monthly PITI
$2,943.91/mo
Estimated Loan Balance
$327,833
Cash to close
$22,479
Interest Paid
$53,093

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Vinyl Siding, Wood Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Living Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age 8 Years or Less
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
  • Vinyl Siding, Wood Siding
  • Roof: Age 8 Years or Less
Condition
  • Year Built: 2021
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Woodward Ponds 2nd Add
  • Features: None
HOA
  • Has HOA: Yes
  • HOA Name: First Service Residential
  • HOA Amenities: Unknown
  • HOA Fee: $265
  • HOA Frequency: $Monthly
Location
  • Region: Cottage Grove

Financial Details

  • Price per Sqft: $180.23
  • Tax Annual Amount: $4315
  • On Market Date: 2024-09-16T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $22,479 (6%)
You can enter any amount below - secondary financing will cover the difference if needed.
6%
$

You cover the entire equity of $22,479!

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

Loan Breakdown

Assumed Mortgage6.9% Sellers Rate
$327,521
Your Cash$22,479
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 6.9%
$2,198/mo
Traditional @ 7.5%
$2,338/mo
You save $140/month ($1,681/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6590013

Listing From: northstar

Last updated: 2024-10-30T17:09:02.000Z

© , 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

6.9%
7.15%

Principal & Interest

$2,198 /mo
$2,254 /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 $22,479 (6%)
You can enter any amount below - secondary financing will cover the difference if needed.
6%
$

You cover the entire equity of $22,479!

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

Loan Breakdown

Assumed Mortgage6.9% Sellers Rate
$327,521
Your Cash$22,479
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 6.9%
$2,198/mo
Traditional @ 7.5%
$2,338/mo
You save $140/month ($1,681/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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