Laura Jewett

Laura Jewett

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Closed

$159,000

($83,948 down)
FHA

702 1ST Street, Hawley, MN 56549

2
1
808 sqft
PITI Monthly
$688.99 /mo

Listing courtesy of: , REALTY XPERTS

Assumed Rate

3.77%
7.15%

Principal & Interest

$387 /mo
$564 /mo

What's Special

PATIO
MATURE TREES
CHARMING
COZY

Looking for a charming home located in Hawley? Look no further! This two bedroom, one bath updated house is ready for you. There is a large open kitchen as well as a cozy living room. Sitting on a large corner lot with a fully fenced in yard, mature trees, detached garage and a beautiful backyard patio enjoy that small town living. The shingles were replaced in 2024 as well as other updates. Schedule a showing with your favorite realtor today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.77
Remaining Loan Term
24 years, 6 months
Monthly PITI
$688.99/mo
Estimated Loan Balance
$75,952
Cash to close
$83,948
Interest Paid
$16,402

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Unknown
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
  • Wood Siding
  • Roof: Asphalt
Condition
  • Year Built: 1900
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Hawley City
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Hawley

Financial Details

  • Price per Sqft: $196.78
  • Tax Annual Amount: $1109
  • On Market Date: 2024-10-16T00:00:00.000Z
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 $83,948 (53%)
You can enter any amount below - secondary financing will cover the difference if needed.
53%
$

You cover the entire equity of $83,948!

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

Loan Breakdown

Assumed Mortgage3.77% Sellers Rate
$75,052
Your Cash:$83,948
Total Purchase Price:$159,000

Assumed vs Traditional Mortgage

Assumed @ 3.77%
$387/mo
Traditional @ 7.5%
$585/mo
You save $197/month ($2,367/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6618061

Listing From: northstar

Last updated: 2025-01-24T22:47:02.000Z

© , 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

$387 /mo
$564 /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 $83,948 (53%)
You can enter any amount below - secondary financing will cover the difference if needed.
53%
$

You cover the entire equity of $83,948!

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

Loan Breakdown

Assumed Mortgage3.77% Sellers Rate
$75,052
Your Cash:$83,948
Total Purchase Price:$159,000

Assumed vs Traditional Mortgage

Assumed @ 3.77%
$387/mo
Traditional @ 7.5%
$585/mo
You save $197/month ($2,367/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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