Laura Jewett

Laura Jewett

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Closed

$390,000

($227,057 down)
FHA

8875 82nd Street Court S, Cottage Grove, MN 55016

5
3
2,519 sqft
PITI Monthly
$1,411.78 /mo

Listing courtesy of: , Realty Group LLC

Assumed Rate

2.2%
7.15%

Principal & Interest

$784 /mo
$1,295 /mo

What's Special

WALK-IN CLOSET
MASTER SUITE
PATIO

HOUSE BEING PAINTED IN EVERY ROOM. WILL BE MOVE IN READY IN 3 DAYS. STILL OKAY TO SHOW. NEW CARPETING PUT IN THIS WEEK. STILL OKAY TO SHOW, BUT KNOW THIS WILL ALL BE TOUCHED UP PERFECTLY AND CLEANED THROUGHOUT. Growing family? Great 5BedRoom home w/adequate space. (1 BR non-conforming, flex LL) Many updates over the years including Anderson windows, siding, furnace 2 years old, and CM, updated kitchen and bath. Paint and Carpeting throughout done Last Week. Roof 7 years old, w/50 year warranty. 19" New insulation in attic. King sized master suite w/ walk-thru bath, and walk-in closet. 3 Bedrooms on upper level, with Full-Bath. Large Walk-in Closets. 2 BEDROOMS ON MAIN LEVEL (1 could he office/flex room) also FULL Bath, Living Room also on Main Level, I BDRM lower Level with 3/4 bathroom. Large Family Room on lower level. Bathrooms on every level. FENCED-IN Backyard, its level w/new perennial flower garden, with 6 person HOT-TUB, (has lights and blue-tooth music) on large patio. 3 large maple-trees shade most of backyard, creating plenty of privacy. All Located on Cul De Sac street. Quick closing possible! MUST SEE

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.2
Remaining Loan Term
21 years, 3 months
Monthly PITI
$1,411.78/mo
Estimated Loan Balance
$180,731
Cash to close
$227,057
Interest Paid
$14,067

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link, Full
Roof
  • Roof: Age 8 Years or Less, Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer - In Street
  • Water Source: City Water - In Street
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 1970
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Thompson Grove Estates 12th Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Cottage Grove

Financial Details

  • Price per Sqft: $154.82
  • Tax Annual Amount: $4200
  • On Market Date: 2024-08-22T00:00:00.000Z
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 $227,057 (58%)
You can enter any amount below - secondary financing will cover the difference if needed.
58%
$

You cover the entire equity of $227,057!

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

Loan Breakdown

Assumed Mortgage2.2% Sellers Rate
$162,943
Your Cash:$227,057
Total Purchase Price:$390,000

Assumed vs Traditional Mortgage

Assumed @ 2.2%
$784/mo
Traditional @ 7.5%
$1,338/mo
You save $554/month ($6,650/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6590903

Listing From: northstar

Last updated: 2024-12-02T20:37:02.000Z

© , 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

2.2%
7.15%

Principal & Interest

$784 /mo
$1,295 /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 $227,057 (58%)
You can enter any amount below - secondary financing will cover the difference if needed.
58%
$

You cover the entire equity of $227,057!

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

Loan Breakdown

Assumed Mortgage2.2% Sellers Rate
$162,943
Your Cash:$227,057
Total Purchase Price:$390,000

Assumed vs Traditional Mortgage

Assumed @ 2.2%
$784/mo
Traditional @ 7.5%
$1,338/mo
You save $554/month ($6,650/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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