Laura Jewett

Laura Jewett

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Pending

$250,000

($66,392 down)
FHA

801 14th Street NE, Rochester, MN 55906

3
2
1,639 sqft
PITI Monthly
$1,623.56 /mo

Listing courtesy of: , Re/Max Results

Assumed Rate

6.43%
7.15%

Principal & Interest

$1,175 /mo
$1,265 /mo

What's Special

REMODELED
LOCATION
FRESH PAINT
SPACIOUS

Don't miss this beautifully updated 3-bedroom, 2-bath home in a fantastic NE location! Situated on a spacious corner lot across from Jefferson Elementary and near Silver Lake, this home features an updated kitchen, gleaming wood floors, and fresh paint throughout. The lower level offers additional living space, a remodeled bath, and ample storage. Enjoy peace of mind with a newer furnace and A/C (2022). Outside, the large yard includes a nice-sized shed for extra storage. A great opportunity in a prime location.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.43
Remaining Loan Term
28 years, 4 months
Monthly PITI
$1,623.56/mo
Estimated Loan Balance
$183,987
Cash to close
$66,392
Interest Paid
$19,883

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Metal Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • 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
  • Metal Siding
  • Roof: Unknown
Condition
  • Year Built: 1952
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Rochester

Financial Details

  • Price per Sqft: $152.53
  • Tax Annual Amount: $2556
  • On Market Date: 2025-03-19T00:00:00.000Z
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 $66,392 (27%)
You can enter any amount below - secondary financing will cover the difference if needed.
27%
$

You cover the entire equity of $66,392!

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

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$183,608
Your Cash$66,392
Total Purchase Price:$250,000

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$1,175/mo
Traditional @ 7.5%
$1,312/mo
You save $137/month ($1,643/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6686984

Listing From: northstar

Last updated: 2025-03-29T16:43:03.000Z

© , 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

6.43%
7.15%

Principal & Interest

$1,175 /mo
$1,265 /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 $66,392 (27%)
You can enter any amount below - secondary financing will cover the difference if needed.
27%
$

You cover the entire equity of $66,392!

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

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$183,608
Your Cash$66,392
Total Purchase Price:$250,000

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$1,175/mo
Traditional @ 7.5%
$1,312/mo
You save $137/month ($1,643/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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