Laura Jewett

Laura Jewett

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Closed

$340,000

($291,735 down)
VA

8841 Hillside Trail S, Cottage Grove, MN 55016

3
2
1,594 sqft
PITI Monthly
$1,429.22 /mo

Listing courtesy of: , eXp Realty

Assumed Rate

7.63%
7.15%

Principal & Interest

$957 /mo
$913 /mo

What's Special

DINING
SPACIOUS
MODERN
HARDWOOD FLOORS
GAME ROOM
PATIO
CHARMING
COZY

Welcome to this stunning 4-level split home in the heart of Cottage Grove! The main floor greets you with a sun-drenched living room showcasing gleaming hardwood floors, seamlessly leading to a modern kitchen adorned with sleek quartz countertops and a cozy informal dining area. Upstairs, discover three spacious bedrooms and an updated full bath, all enhanced by brand-new carpeting that extends to the lower levels. The lower level boasts a walkout family room perfect for relaxation, along with a versatile den ideal for a home gym, game room, or creative space. Outside, enjoy the expansive fenced-in yard, featuring a large patio and a charming pergola—perfect for outdoor entertaining. The home has been thoughtfully updated with a new furnace, new water softener, and new carpet in 2024. Additional updates include the concrete patio and driveway in 2016, the pergola in 2017, and gleaming hardwood floors in 2014. The engineered hardwood in the lower level adds a touch of modern elegance to this already remarkable home. Don't miss the chance to make this beautifully maintained property your own!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
7.63
Remaining Loan Term
4 years, 7 months
Monthly PITI
$1,429.22/mo
Estimated Loan Balance
$74,608
Cash to close
$291,735
Interest Paid
$201,050

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Chain Link
Roof
  • Roof: Age Over 8 Years
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
  • Steel Siding
  • Roof: Age Over 8 Years
Condition
  • Year Built: 1979
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Cottage Grove

Financial Details

  • Price per Sqft: $213.3
  • Tax Annual Amount: $3866
  • On Market Date: 2024-09-17T00:00:00.000Z
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 $291,735 (86%)
You can enter any amount below - secondary financing will cover the difference if needed.
86%
$

You cover the entire equity of $291,735!

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

Loan Breakdown

Assumed Mortgage7.63% Sellers Rate
$48,265
Your Cash:$291,735
Total Purchase Price:$340,000

Assumed vs Traditional Mortgage

Assumed @ 7.63%
$957/mo
Traditional @ 7.5%
$947/mo
You save $-10/month ($-123/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6598939

Listing From: northstar

Last updated: 2024-10-23T12:46:02.000Z

© , 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

7.63%
7.15%

Principal & Interest

$957 /mo
$913 /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 $291,735 (86%)
You can enter any amount below - secondary financing will cover the difference if needed.
86%
$

You cover the entire equity of $291,735!

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

Loan Breakdown

Assumed Mortgage7.63% Sellers Rate
$48,265
Your Cash:$291,735
Total Purchase Price:$340,000

Assumed vs Traditional Mortgage

Assumed @ 7.63%
$957/mo
Traditional @ 7.5%
$947/mo
You save $-10/month ($-123/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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