Laura Jewett

Laura Jewett

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$325,000

($51,029 down)
FHA

914 10th Avenue NE, Rochester, MN 55906

3
2
1,616 sqft
PITI Monthly
$2,206.55 /mo

Listing courtesy of: , Re/Max Results

Assumed Rate

5.52%
7.15%

Principal & Interest

$1,620 /mo
$1,923 /mo

What's Special

LOCATION
SERENE
MINUTES AWAY
MODERN
HARDWOOD FLOORS
HOME OFFICE
CHARMING
COZY

Welcome to this charming and cozy 3-bedroom, 2-bathroom rambler, just a stone's throw from the serene Silver Lake! This adorable home offers a perfect blend of comfort and convenience, making it the ideal place to relax and unwind. The open-concept living space is bright and inviting, featuring beautiful hardwood floors and large windows that fill the home with natural light. The kitchen is a chef's dream, with modern appliances, ample counter space, and plenty of storage. The primary bedroom and 2nd main floor bedroom both feature hardwood floors and neutral decor. You'll love the sun splashed 3 season room, perfect for reading or a home office. Room to entertain in the LL family/rec room, bedroom & full bath! Outside, you'll find a lovely, low-maintenance yard, perfect for enjoying the outdoors or hosting summer barbecues. The location is unbeatable, just minutes away from the peaceful Silver Lake, Mayo Campuses & downtown Rochester! Whether you're relaxing at home or exploring nearby parks and shops, this home has it all. Don't miss the chance to make this cute-as-a-button rambler your new haven!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.52
Remaining Loan Term
27 years, 4 months
Monthly PITI
$2,206.55/mo
Estimated Loan Balance
$330,676
Cash to close
$51,029
Interest Paid
$41,158

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick/Stone, Steel Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Decorative, Living Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • 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
  • Brick/Stone, Steel Siding
  • Roof: Unknown
Condition
  • Year Built: 1950
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Silver Lake Sub
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Rochester

Financial Details

  • Price per Sqft: $201.11
  • Tax Annual Amount: $2822
  • On Market Date: 2025-03-14T00:00:00.000Z
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 $51,029 (16%)
You can enter any amount below - secondary financing will cover the difference if needed.
16%
$

You cover the entire equity of $51,029!

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

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$273,971
Your Cash$51,029
Total Purchase Price:$325,000

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$1,620/mo
Traditional @ 7.5%
$1,994/mo
You save $374/month ($4,493/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6682441

Listing From: northstar

Last updated: 2025-03-25T21:27:03.000Z

© , 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

$1,620 /mo
$1,923 /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 $51,029 (16%)
You can enter any amount below - secondary financing will cover the difference if needed.
16%
$

You cover the entire equity of $51,029!

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

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$273,971
Your Cash$51,029
Total Purchase Price:$325,000

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$1,620/mo
Traditional @ 7.5%
$1,994/mo
You save $374/month ($4,493/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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