Laura Jewett

Laura Jewett

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Closed

$244,900

($83,749 down)
FHA

700 1st Street NW, New Prague, MN 56071

3
3
1,808 sqft
PITI Monthly
$1,191.12 /mo

Listing courtesy of: , RE/MAX Advantage Plus

Assumed Rate

2.94%
7.15%

Principal & Interest

$739 /mo
$1,194 /mo

What's Special

PATIO

Major updates have already been made in this 3-bedroom end unit! The roof was replaced in 2023 as well as the carpeting throughout! The furnace and air conditioning were replaced in November 2022. The owners added a storm door this year as well as a gutter over the patio area. A smart thermostat and Siri-controlled lights can be turned on and off by voice or manually in the living area, kitchen, primary bedroom & bedroom currently used as an office. The refrigerator is new and the dishwasher is a year old. 2nd floor has a laundry room, loft area, primary bedroom with a private full bath, and two additional bedrooms and another full bath. The main floor has a half bath.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.94
Remaining Loan Term
25 years, 7 months
Monthly PITI
$1,191.12/mo
Estimated Loan Balance
$162,862
Cash to close
$83,749
Interest Paid
$21,871

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: None
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: None

Construction

Type & Style
  • Stories:
  • Home type: Townhouse Side x Side
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Age 8 Years or Less
Condition
  • Year Built: 2002
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Cic 1112 Hilltop Estates Condo
  • Features: None
HOA
  • Has HOA: Yes
  • HOA Name: HOA Assist
  • HOA Amenities: Unknown
  • HOA Fee: $225
  • HOA Frequency: $Monthly
Location
  • Region: New Prague

Financial Details

  • Price per Sqft: $135.45
  • Tax Annual Amount: $2118
  • On Market Date: 2024-10-29T00:00:00.000Z
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 $83,749 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$

You cover the entire equity of $83,749!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$161,151
Your Cash$83,749
Total Purchase Price:$244,900

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$739/mo
Traditional @ 7.5%
$1,238/mo
You save $499/month ($5,985/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6620243

Listing From: northstar

Last updated: 2025-01-07T15:10:02.000Z

© , 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

2.94%
7.15%

Principal & Interest

$739 /mo
$1,194 /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 $83,749 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$

You cover the entire equity of $83,749!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$161,151
Your Cash$83,749
Total Purchase Price:$244,900

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$739/mo
Traditional @ 7.5%
$1,238/mo
You save $499/month ($5,985/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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