Laura Jewett

Laura Jewett

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Closed

$398,000

($161,666 down)
VA

843 Whitetail Lane, Detroit Lakes, MN 56501

3
3
1,564 sqft
PITI Monthly
$1,247.44 /mo

Listing courtesy of: , eXp Realty

Assumed Rate

3.06%
7.15%

Principal & Interest

$1,079 /mo
$1,716 /mo

What's Special

OPEN CONCEPT
DINING
WALK-IN CLOSET
HOME OFFICE
SPRINKLER SYSTEM
PLAYGROUND

Enjoy one-level living in the very desirable Lake Forest subdivision within the city limits of Detroit Lakes. This 3 bed/2.5 bath quality-built home is in a neighborhood known for quiet streets that are ideal for leisurely strolls & bike rides. Many residents in Lake Forest love spending time at the nearby South Shore Drive Park, where you'll find pickleball courts, a playground, and a picnic area. When you approach the home from the street, you’ll notice the beauty of perfectly colored siding combined with brick veneer exterior finishes that complement ideally. Inside, you’ll find an abundance of natural light throughout, and features that include: A primary bedroom with ensuite and walk-in closet plus 2 additional bedrooms (one would make a perfect home office, craft room, or sitting room if you didn't need 3 bedrooms); An open concept living room/kitchen, including an island for gathering at & using as a casual dining spot; Plus a semi-formal dining area off the kitchen. An oversized 2-stall garage (finished, with in-floor heat) has room to hold your boat, and the DL South Shore Public Access is literally a 2-minute drive away. A large level backyard, a 12' x 16' storage shed, and a sprinkler system to keep the grass green complete the package. I assure you: This is where you want to live at!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.06
Remaining Loan Term
26 years, 2 months
Monthly PITI
$1,247.44/mo
Estimated Loan Balance
$236,809
Cash to close
$161,666
Interest Paid
$28,612

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Ductless Mini-Split
  • Heating: Baseboard, Boiler, Hot Water, Radiant Floor
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: 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
  • Vinyl Siding
  • Roof: Asphalt
Condition
  • Year Built: 2011
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Lake Forest Fourth Add
  • Features: Doors 36"+, Hallways 42"+, No Stairs External, No Stairs Internal, Partially Wheelchair
HOA
  • Has HOA: No
Location
  • Region: Detroit Lakes

Financial Details

  • Price per Sqft: $254.48
  • Tax Annual Amount: $220
  • On Market Date: 2024-08-06T00:00:00.000Z
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 $161,666 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$

You cover the entire equity of $161,666!

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

Loan Breakdown

Assumed Mortgage3.06% Sellers Rate
$236,334
Your Cash$161,666
Total Purchase Price:$398,000

Assumed vs Traditional Mortgage

Assumed @ 3.06%
$1,079/mo
Traditional @ 7.5%
$1,779/mo
You save $700/month ($8,404/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6581901

Listing From: northstar

Last updated: 2024-09-25T22:51:02.000Z

© , 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

3.06%
7.15%

Principal & Interest

$1,079 /mo
$1,716 /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 $161,666 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$

You cover the entire equity of $161,666!

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

Loan Breakdown

Assumed Mortgage3.06% Sellers Rate
$236,334
Your Cash$161,666
Total Purchase Price:$398,000

Assumed vs Traditional Mortgage

Assumed @ 3.06%
$1,079/mo
Traditional @ 7.5%
$1,779/mo
You save $700/month ($8,404/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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