Laura Jewett

Laura Jewett

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Pending

$625,000

($374,615 down)
FHA

9415 35th Street NE, Saint Michael, MN 55376

4
2
2,028 sqft
PITI Monthly
$2,368.54 /mo

Listing courtesy of: , Keller Williams Classic Rlty NW

Assumed Rate

3.88%
7.15%

Principal & Interest

$1,502 /mo
$2,155 /mo

What's Special

SERENE
SPACIOUS
MODERN
HISTORIC

Discover the perfect blend of historic charm and modern amenities with this 1914 two-story brick home on 10 picturesque acres near St. Michael. This 4-bedroom gem features original maple flooring, 5-panel doors, 9-foot ceilings, a spacious country kitchen, and beautifully preserved woodwork. Outdoors, the property is a haven for hobby farmers and horse enthusiasts alike, with 3 horse stalls, electric fencing, and expansive pastures. A 3-car garage, shop, and additional outbuilding provide ample space for storage or projects. Relax by the serene creek and enjoy vibrant perennial gardens. Nestled in the growing community of St. Michael, you'll enjoy a small-town feel with easy access to big-city conveniences. Located just 25 minutes from downtown Minneapolis and 35 minutes from St. Cloud, abundant natural beauty. The city is home to the new Town Center Park, the 2,500-acre Crow Hassan Park Reserve, two 18-hole golf courses, and is just a few minutes from the Albertville Premium Outlet mall. With year-round recreational opportunities and a peaceful countryside setting, this home and community provide the best of both worlds for living, working, and enjoying life.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.88
Remaining Loan Term
19 years, 6 months
Monthly PITI
$2,368.54/mo
Estimated Loan Balance
$347,361
Cash to close
$374,615
Interest Paid
$116,276

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Window Unit(s)
  • Heating: Boiler, Hot Water
Features
  • Materials: Brick/Stone
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Asphalt, Pitched
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Private Sewer
  • Water Source: Private, Well
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Brick/Stone
  • Roof: Asphalt, Pitched
Condition
  • Year Built: 1914
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Saint Michael

Financial Details

  • Price per Sqft: $308.19
  • Tax Annual Amount: $5692
  • On Market Date: 2024-10-14T00:00:00.000Z
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 $374,615 (60%)
You can enter any amount below - secondary financing will cover the difference if needed.
60%
$

You cover the entire equity of $374,615!

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

Loan Breakdown

Assumed Mortgage3.88% Sellers Rate
$250,385
Your Cash:$374,615
Total Purchase Price:$625,000

Assumed vs Traditional Mortgage

Assumed @ 3.88%
$1,502/mo
Traditional @ 7.5%
$2,236/mo
You save $734/month ($8,810/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6615645

Listing From: northstar

Last updated: 2025-03-14T14:23:03.000Z

© , 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

3.88%
7.15%

Principal & Interest

$1,502 /mo
$2,155 /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 $374,615 (60%)
You can enter any amount below - secondary financing will cover the difference if needed.
60%
$

You cover the entire equity of $374,615!

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

Loan Breakdown

Assumed Mortgage3.88% Sellers Rate
$250,385
Your Cash:$374,615
Total Purchase Price:$625,000

Assumed vs Traditional Mortgage

Assumed @ 3.88%
$1,502/mo
Traditional @ 7.5%
$2,236/mo
You save $734/month ($8,810/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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