Laura Jewett

Laura Jewett

Property SearchContact
primary-1
primary-2primary-3
Closed

$460,000

($185,676 down)
VA

7050 Tecumseh Lane, Chanhassen, MN 55317

4
3
2,270 sqft
PITI Monthly
$1,849.76 /mo

Listing courtesy of: , Century 21 Atwood

Assumed Rate

4.2%
7.15%

Principal & Interest

$1,576 /mo
$2,176 /mo

What's Special

LOCATION
RENOVATED

Don’t miss this well-updated, walkout rambler in a fantastic location between downtown Excelsior and Chanhassen, and within walking distance to the beach at Greenwood Park on Lake Ann. Situated on a .73 acre lot this house has elevated, seasonal views of Lake Lucy while benefiting from a large, flat, and fenced-in back yard space. Enjoy the outdoors from the bright three season porch on the main level, and pursue your hobbies in the versatile lower-level shop. Inside you’ll find an updated kitchen open to the living room making it a comfortable home for everyday living and entertaining. Spoil yourself with the heated floors in the fully renovated main level bathroom or relax and take in a movie in the lower-level theater space. Recent mechanical updates will give you peace of mind as the furnace and AC (2019) and water heater (2023) have been replaced by the Sellers.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
4.2
Remaining Loan Term
22 years, 2 months
Monthly PITI
$1,849.76/mo
Estimated Loan Balance
$277,973
Cash to close
$185,676
Interest Paid
$98,363

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Fireplace(s), Radiant Floor
Features
  • Materials: Brick/Stone, Fiber Board
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, Wood Burning
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link, Partial
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected, Well
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Brick/Stone, Fiber Board
  • Roof: Unknown
Condition
  • Year Built: 1963
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Greenwood Shores
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Chanhassen

Financial Details

  • Price per Sqft: $202.64
  • Tax Annual Amount: $1288
  • On Market Date: 2024-12-06T00:00:00.000Z
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 $185,676 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $185,676!

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

Loan Breakdown

Assumed Mortgage4.2% Sellers Rate
$274,324
Your Cash$185,676
Total Purchase Price:$460,000

Assumed vs Traditional Mortgage

Assumed @ 4.2%
$1,576/mo
Traditional @ 7.5%
$2,257/mo
You save $682/month ($8,181/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6637309

Listing From: northstar

Last updated: 2025-01-10T20:36:02.000Z

© , 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

4.2%
7.15%

Principal & Interest

$1,576 /mo
$2,176 /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 $185,676 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $185,676!

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

Loan Breakdown

Assumed Mortgage4.2% Sellers Rate
$274,324
Your Cash$185,676
Total Purchase Price:$460,000

Assumed vs Traditional Mortgage

Assumed @ 4.2%
$1,576/mo
Traditional @ 7.5%
$2,257/mo
You save $682/month ($8,181/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

Powered By UMe.

© 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.

equal-housing

© is committed to and abides by the Fair Housing Act of Equal Opportunity.