Laura Jewett

Laura Jewett

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Pending

$415,000

($144,806 down)
FHA

836 Lewis Street S, Shakopee, MN 55379

3
3
2,311 sqft
PITI Monthly
$1,899.96 /mo

Listing courtesy of: , Coldwell Banker Realty

Assumed Rate

2.94%
7.15%

Principal & Interest

$1,256 /mo
$2,028 /mo

What's Special

LOCATION
SHOPPING
MODERN
RENOVATED
HARDWOOD FLOORS
STAINLESS STEEL APPLIANCES
CONVENIENT LOCATION
HISTORIC

This historic home, originally constructed in 1857, has been meticulously renovated to blend its timeless charm with modern conveniences. The residence offers approximately 2,311 square feet of living space and sits on a large lot with a privacy fence around the yard. The home features three well-appointed bedrooms and three bathrooms. The primary bedroom is situated on the upper level, along with two additional bedrooms and the second-floor laundry area. The eat-in kitchen is a true highlight, boasting a granite center island and all stainless steel appliances. The homes overall design creates a warm, inviting atmosphere, complemented by the deep, classic window sills that infuse the space with character. If you're looking for storage space the basement area has lots of shelves and room for your extra items! Hardwood floors, newer windows, and a 2016 air conditioning and furnace system contribute to the home's modern comforts, while the 2019 water heater and 2023 water softener ensure the home's systems are in excellent condition. The exterior of the property is equally impressive, with a classic front porch, a privacy fence, and a 26x32 garage providing ample storage and parking. The Govee outside permanent trim lights offer over 1 million color variations, making the home a standout during the holiday season. The home's convenient location allows residents to enjoy a short walk to downtown Shakopee, as well as easy access to shopping and highways. Seller will review all offers on 3/23, Sunday evening.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.94
Remaining Loan Term
25 years, 6 months
Monthly PITI
$1,899.96/mo
Estimated Loan Balance
$272,556
Cash to close
$144,806
Interest Paid
$37,812

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick/Stone, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Living Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Privacy
Roof
  • Roof: Age Over 8 Years, Asphalt
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, Vinyl Siding
  • Roof: Age Over 8 Years, Asphalt
Condition
  • Year Built: 1857
Details
  • Builder:

Community & HOA

Community
  • Subdivision: City/Shakopee
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Shakopee

Financial Details

  • Price per Sqft: $179.58
  • Tax Annual Amount: $3376
  • On Market Date: 2025-03-20T00:00:00.000Z
Inquire about this property

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Savings Calculator

Current cash to close is $144,806 (35%)
You can enter any amount below - secondary financing will cover the difference if needed.
35%
$

You cover the entire equity of $144,806!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$270,194
Your Cash$144,806
Total Purchase Price:$415,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,256/mo
Traditional @ 7.5%
$2,103/mo
You save $847/month ($10,167/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6678783

Listing From: northstar

Last updated: 2025-03-27T14:47:03.000Z

© , 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

2.94%
7.15%

Principal & Interest

$1,256 /mo
$2,028 /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 $144,806 (35%)
You can enter any amount below - secondary financing will cover the difference if needed.
35%
$

You cover the entire equity of $144,806!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$270,194
Your Cash$144,806
Total Purchase Price:$415,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,256/mo
Traditional @ 7.5%
$2,103/mo
You save $847/month ($10,167/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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