Laura Jewett

Laura Jewett

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Closed

$315,000

($43,387 down)
FHA

740 11th Street N, Sauk Rapids, MN 56379

4
2
2,084 sqft
PITI Monthly
$2,165.17 /mo

Listing courtesy of: , Kris Lindahl Real Estate

Assumed Rate

5.41%
7.15%

Principal & Interest

$1,573 /mo
$1,890 /mo

What's Special

LOCATION
OPEN CONCEPT
STAINLESS STEEL APPLIANCES
FINISHED BASEMENT
DECK

Welcome to this beautifully maintained home featuring 4 bedrooms, with the potential for a 5th and 2 full baths. Enjoy the convenience of 3 bedrooms on one floor, plus a separate bedroom, ideal for guests, located just across from a full bath with neatly tiled shower. The open concept kitchen is complete with stainless steel appliances, and flows seamlessly into 1 of 3 inviting living spaces, perfect for entertaining. The finished basement offers additional room for relaxation or play, while the expansive backyard provides ample space for outdoor activities. An enclosed deck adds privacy, making it an ideal spot for morning coffee or evening gatherings. Located just down the road from the highly sought-after closed enrollment Pleasant View Elementary School and the closed enrollment Sauk Rapids School District. This home combines comfort, functionality, and a prime location. Don’t miss your chance to make this your dream home! Previous buyer's never conducted inspections and canceled for personal reasons.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.41
Remaining Loan Term
27 years, 6 months
Monthly PITI
$2,165.17/mo
Estimated Loan Balance
$272,649
Cash to close
$43,387
Interest Paid
$37,211

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick/Stone, Metal Siding, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
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, Metal Siding, Vinyl Siding
  • Roof: Unknown
Condition
  • Year Built: 1982
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Scenic View
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Sauk Rapids

Financial Details

  • Price per Sqft: $151.15
  • Tax Annual Amount: $2926
  • On Market Date: 2024-10-22T00:00:00.000Z
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 $43,387 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $43,387!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$271,613
Your Cash$43,387
Total Purchase Price:$315,000

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$1,573/mo
Traditional @ 7.5%
$1,960/mo
You save $387/month ($4,648/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6610318

Listing From: northstar

Last updated: 2025-03-07T20:02:03.000Z

© , 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

5.41%
7.15%

Principal & Interest

$1,573 /mo
$1,890 /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 $43,387 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $43,387!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$271,613
Your Cash$43,387
Total Purchase Price:$315,000

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$1,573/mo
Traditional @ 7.5%
$1,960/mo
You save $387/month ($4,648/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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