Laura Jewett

Laura Jewett

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Closed

$525,000

($40,774 down)
VA

7641 207th Street W, Lakeville, MN 55044

4
4
2,242 sqft
PITI Monthly
$3,624.73 /mo

Listing courtesy of: , Prandium Group Real Estate

Assumed Rate

6.11%
7.15%

Principal & Interest

$3,023 /mo
$3,365 /mo

What's Special

SHOPPING
DINING
SPACIOUS
MOVE-IN READY
LUXURY
GRANITE COUNTERTOPS
WALK-IN CLOSET
DECK
PATIO

Better than new! Stunning 2-year-old-home in the heart of Lakeville with $80k+ in upgrades! Welcome to this exquisite home boasting 4 bedrooms, 4 baths, and a spacious 3-car garage close to top rated Lakeville schools, parks, shopping, restaurants, and easy freeway access. Step inside to an open-concept main level featuring a beautifully designed kitchen with granite countertops, a gas range, an upgraded refrigerator, custom pull-out pan storage and a hidden trash receptacle. LVP flooring flows seamlessly from the entry to the kitchen & dining area, which opens to a huge deck overloooking the fenced backyard-perfect for entertaining or relaxing. Upstairs you will find 3 spacious bedrooms, the primary suite with a private bath, double sinks, a linen closet, large walk-in closet and a remote-controlled blackout blind for ultimate comfort. The walkout lower level features a spacious 4th bedroom with a large walk-in closet, a full bath, a large family room, and an office area that leads directly to the patio which hosts a saltwater hot tub you can enjoy year-round. There is also an enormous crawl space with a cement floor which provides ample storage for all your needs. There is a passive radon system in place, a water softner, and you will never run out of hot water with the tankless water heater! This home is move-in ready and offers unmatched convenience and luxury.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.11
Remaining Loan Term
27 years, 7 months
Monthly PITI
$3,624.73/mo
Estimated Loan Balance
$498,245
Cash to close
$40,774
Interest Paid
$72,518

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Privacy
Roof
  • Roof: Age 8 Years or Less, Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • 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: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Brick/Stone, Vinyl Siding
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 2022
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Cedar Crossings 3rd Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Lakeville

Financial Details

  • Price per Sqft: $234.17
  • Tax Annual Amount: $5226
  • On Market Date: 2025-01-28T00:00:00.000Z
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 $40,774 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $40,774!

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

Loan Breakdown

Assumed Mortgage6.11% Sellers Rate
$484,226
Your Cash$40,774
Total Purchase Price:$525,000

Assumed vs Traditional Mortgage

Assumed @ 6.11%
$3,023/mo
Traditional @ 7.5%
$3,491/mo
You save $468/month ($5,617/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6654283

Listing From: northstar

Last updated: 2025-03-15T16:08:03.000Z

© , 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

6.11%
7.15%

Principal & Interest

$3,023 /mo
$3,365 /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 $40,774 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $40,774!

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

Loan Breakdown

Assumed Mortgage6.11% Sellers Rate
$484,226
Your Cash$40,774
Total Purchase Price:$525,000

Assumed vs Traditional Mortgage

Assumed @ 6.11%
$3,023/mo
Traditional @ 7.5%
$3,491/mo
You save $468/month ($5,617/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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