Laura Jewett

Laura Jewett

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$235,000

($3,157 down)
FHA

901 E Able Street, Saint Joseph, MN 56374

4
2
2,377 sqft
PITI Monthly
$1,944.13 /mo

Listing courtesy of: , eXp Realty

Assumed Rate

5.52%
7.15%

Principal & Interest

$1,369 /mo
$1,625 /mo

What's Special

LOCATION
DINING
CHARMING
INVESTMENT OPPORTUNITY

Great investment opportunity! This 3-bedroom, 2-bathroom home is priced to sell and offers significant potential for the right buyer. Located in a charming and growing community known for its small-town feel, excellent schools, and close proximity to St. Cloud, this property provides easy access to local shops, dining, parks, and trails. The home itself requires extensive repairs and remediation for smoke and pet odors. While currently occupied and in need of a full renovation, the home has a solid structure and layout, making it an ideal opportunity for an investor or buyer looking to build equity. With its prime location near College of Saint Benedict, easy access to Interstate 94, and a welcoming community atmosphere, this property is well worth the investment. This home will not qualify for traditional financing. Property is being sold as-is, and all showings require advance notice. Don't miss this chance to bring new life to this home in a fantastic location!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.52
Remaining Loan Term
27 years, 4 months
Monthly PITI
$1,944.13/mo
Estimated Loan Balance
$248,777
Cash to close
$3,157
Interest Paid
$34,784

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
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: Unknown
Roof
  • Roof: Unknown
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: Unknown
Condition
  • Year Built: 1979
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Cloverdale Estates 2nd Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Saint Joseph

Financial Details

  • Price per Sqft: $98.86
  • Tax Annual Amount: $3058
  • On Market Date: 2025-03-09T00:00:00.000Z
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 $3,157 (1%)
You can enter any amount below - secondary financing will cover the difference if needed.
1%
$

You cover the entire equity of $3,157!

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

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$231,843
Your Cash$3,157
Total Purchase Price:$235,000

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$1,369/mo
Traditional @ 7.5%
$1,685/mo
You save $316/month ($3,797/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6682778

Listing From: northstar

Last updated: 2025-03-26T17:34:04.000Z

© , 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

5.52%
7.15%

Principal & Interest

$1,369 /mo
$1,625 /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 $3,157 (1%)
You can enter any amount below - secondary financing will cover the difference if needed.
1%
$

You cover the entire equity of $3,157!

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

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$231,843
Your Cash$3,157
Total Purchase Price:$235,000

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$1,369/mo
Traditional @ 7.5%
$1,685/mo
You save $316/month ($3,797/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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