Laura Jewett

Laura Jewett

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Closed

$350,000

($188,978 down)
FHA

908 Sparrow Road, Waconia, MN 55387

3
2
1,776 sqft
PITI Monthly
$1,463.42 /mo

Listing courtesy of: , RE/MAX Advantage Plus

Assumed Rate

3.6%
7.15%

Principal & Interest

$893 /mo
$1,326 /mo

What's Special

SPACIOUS
MODERN
HARDWOOD FLOORS
DECK
FENCED YARD
CHARMING
COZY

Welcome to this charming 3 bedroom 2 bath home in Waconia. This home features a spacious open floor plan and a split level design. The main level offers a welcoming living area with engineered hardwood floors, an eat in kitchen, newer SS/appliances, and a center island that is the perfect spot for your morning coffee. This home is flooded with natural light flowing through the picture windows. You will find 2 large bedrooms and a full bath on the upper level. The lower level features a cozy family room and enough space to create a recreational area. The lower level is home to the 3rd large bedroom and an additional 3/4 bath. With it's convient layout and modern amenities this home is perfect for comfortable living and entertaining. There is a fenced yard and a nice size deck off the kitchen to complete this home!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.6
Remaining Loan Term
21 years, 3 months
Monthly PITI
$1,463.42/mo
Estimated Loan Balance
$163,053
Cash to close
$188,978
Interest Paid
$56,330

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • 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: 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
  • Vinyl Siding
  • Roof: Age Over 8 Years
Condition
  • Year Built: 1997
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Bent Creek
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Waconia

Financial Details

  • Price per Sqft: $197.07
  • Tax Annual Amount: $3378
  • On Market Date: 2024-10-22T00:00:00.000Z
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 $188,978 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$

You cover the entire equity of $188,978!

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

Loan Breakdown

Assumed Mortgage3.6% Sellers Rate
$161,022
Your Cash:$188,978
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 3.6%
$893/mo
Traditional @ 7.5%
$1,376/mo
You save $483/month ($5,796/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6621524

Listing From: northstar

Last updated: 2024-12-13T16:32:02.000Z

© , 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

3.6%
7.15%

Principal & Interest

$893 /mo
$1,326 /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 $188,978 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$

You cover the entire equity of $188,978!

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

Loan Breakdown

Assumed Mortgage3.6% Sellers Rate
$161,022
Your Cash:$188,978
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 3.6%
$893/mo
Traditional @ 7.5%
$1,376/mo
You save $483/month ($5,796/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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