Laura Jewett

Laura Jewett

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Closed

$285,000

($82,331 down)
FHA

8702 50th Street NW, Annandale, MN 55302

3
2
1,248 sqft
PITI Monthly
$1,329.46 /mo

Listing courtesy of: , Keller Williams Integrity NW

Assumed Rate

2.9%
7.15%

Principal & Interest

$899 /mo
$1,459 /mo

What's Special

STAINLESS STEEL APPLIANCES
AFFORDABLE
VACATION HOME

Rare country living opportunity! Affordable Single level living available on acreage, within 5 minutes of Annandale and Maple Lake. With fall-time views of Swartout Lake to the north, this is a perfect full-time, part-time, or vacation home. It is move in ready with updates such as, a newer roof, newer garage, multi-zone heating and AC, updated kitchen with stainless steel appliances, newer master bathroom with tiled walk-in shower, newer paint and flooring throughout! The country life is calling, will you answer?

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.9
Remaining Loan Term
26 years, 7 months
Monthly PITI
$1,329.46/mo
Estimated Loan Balance
$203,485
Cash to close
$82,331
Interest Paid
$20,632

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ductless Mini-Split
  • Heating: Baseboard, Ductless Mini-Split
Features
  • Materials: Brick/Stone, Engineered Wood, Fiber Board
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Private Sewer, Septic System Compliant - Yes
  • Water Source: Private, Well
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Brick/Stone, Engineered Wood, Fiber Board
  • Roof: Asphalt
Condition
  • Year Built: 1990
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Wheelchair Ramp(s)
HOA
  • Has HOA: No
Location
  • Region: Annandale

Financial Details

  • Price per Sqft: $228.37
  • Tax Annual Amount: $1528
  • On Market Date: 2024-07-22T00:00:00.000Z
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 $82,331 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $82,331!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$202,670
Your Cash$82,331
Total Purchase Price:$285,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$899/mo
Traditional @ 7.5%
$1,513/mo
You save $614/month ($7,371/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6540506

Listing From: northstar

Last updated: 2024-09-21T17:13:02.000Z

© , 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

2.9%
7.15%

Principal & Interest

$899 /mo
$1,459 /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 $82,331 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $82,331!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$202,670
Your Cash$82,331
Total Purchase Price:$285,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$899/mo
Traditional @ 7.5%
$1,513/mo
You save $614/month ($7,371/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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