Laura Jewett

Laura Jewett

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Closed

$265,000

($47,342 down)
FHA

7582 E Fish Lake Road, Maple Grove, MN 55311

2
2
1,346 sqft
PITI Monthly
$1,534.2 /mo

Listing courtesy of: , Compass

Assumed Rate

2.96%
7.15%

Principal & Interest

$988 /mo
$1,592 /mo

What's Special

LOCATION
SPACIOUS
GRANITE COUNTERTOPS
FIREPLACE
DECK
CHARMING
COZY

Charming townhome in a prime Maple Grove location! Conveniently located near shops, restaurants, and pickleball courts. This 2-bedroom, 2-bath townhome boasts granite countertops, new paint, and recent carpet updates. It features new light fixtures and barn doors in the basement and closet. Numerous mechanical updates include a newer furnace, kitchen sink and faucet, updated windows, gutters, electrical enhancements, water heater, and appliances. The exterior has been freshly painted and is maintained by the association. Move in and relish the cozy lower-level fireplace and entertain on the spacious 17x14 deck!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.96
Remaining Loan Term
26 years, 3 months
Monthly PITI
$1,534.2/mo
Estimated Loan Balance
$220,344
Cash to close
$47,342
Interest Paid
$25,127

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick/Stone, Wood Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Full Masonry, Wood Burning
  • 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: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Townhouse Quad/4 Corners
  • Architectural Style: Unknown
Materials
  • Brick/Stone, Wood Siding
  • Roof: Age 8 Years or Less
Condition
  • Year Built: 1980
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Fish Lake Woods 12
  • Features: None
HOA
  • Has HOA: Yes
  • HOA Name: New Concepts management
  • HOA Amenities: Unknown
  • HOA Fee: $228
  • HOA Frequency: $Monthly
Location
  • Region: Maple Grove

Financial Details

  • Price per Sqft: $196.88
  • Tax Annual Amount: $2746
  • On Market Date: 2024-12-11T00:00:00.000Z
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 $47,342 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $47,342!

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

Loan Breakdown

Assumed Mortgage2.96% Sellers Rate
$217,658
Your Cash$47,342
Total Purchase Price:$265,000

Assumed vs Traditional Mortgage

Assumed @ 2.96%
$988/mo
Traditional @ 7.5%
$1,651/mo
You save $663/month ($7,950/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6646415

Listing From: northstar

Last updated: 2025-02-27T22:18:03.000Z

© , 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

2.96%
7.15%

Principal & Interest

$988 /mo
$1,592 /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 $47,342 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $47,342!

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

Loan Breakdown

Assumed Mortgage2.96% Sellers Rate
$217,658
Your Cash$47,342
Total Purchase Price:$265,000

Assumed vs Traditional Mortgage

Assumed @ 2.96%
$988/mo
Traditional @ 7.5%
$1,651/mo
You save $663/month ($7,950/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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