Laura Jewett

Laura Jewett

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Closed

$320,000

($27,141 down)
FHA

995 Fox Avenue, Montrose, MN 55363

3
3
1,765 sqft
PITI Monthly
$1,958.47 /mo

Listing courtesy of: , eXp Realty

Assumed Rate

2.87%
7.15%

Principal & Interest

$1,295 /mo
$2,109 /mo

What's Special

LUXURY
WALK-IN CLOSET
DECK
MATURE TREES

LIKE NEW!! This bright, open floor-plan is located at the end of a private drive & has it all. Gourmet kitchen w/ granite counters, subway tile, SS apps (inc gas range) & pantry. Opening to living room with walkout to deck over looking mature trees with privacy. LVP/luxury vinyl plank throughout. Primary Suite on ML w/ oversized bath, dual sinks, tub/shower & walk-in closet. Finished LL w/ family room, 2 addt’l beds, full bath & laundry room (inc. upgraded washer/dryer). Addt’l PERKS: whole home filtration, air-to-air exchanger, radon mitigation system & water softener. Great opportunity!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.87
Remaining Loan Term
26 years, 6 months
Monthly PITI
$1,958.47/mo
Estimated Loan Balance
$300,456
Cash to close
$27,141
Interest Paid
$30,200

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick/Stone, Engineered Wood, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age 8 Years or Less, Asphalt
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: Twin Home
  • Architectural Style: Unknown
Materials
  • Brick/Stone, Engineered Wood, Vinyl Siding
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 2021
Details
  • Builder:

Community & HOA

Community
  • Subdivision: White Tail Ridge
  • Features: None
HOA
  • Has HOA: Yes
  • HOA Name: First Service Residential
  • HOA Amenities: Unknown
  • HOA Fee: $300
  • HOA Frequency: $Monthly
Location
  • Region: Montrose

Financial Details

  • Price per Sqft: $181.3
  • Tax Annual Amount: $3512
  • On Market Date: 2024-07-11T00:00:00.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $27,141 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $27,141!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$292,859
Your Cash$27,141
Total Purchase Price:$320,000

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$1,295/mo
Traditional @ 7.5%
$2,188/mo
You save $893/month ($10,715/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6565016

Listing From: northstar

Last updated: 2024-08-28T15:16:02.000Z

© , 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

2.87%
7.15%

Principal & Interest

$1,295 /mo
$2,109 /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 $27,141 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $27,141!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$292,859
Your Cash$27,141
Total Purchase Price:$320,000

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$1,295/mo
Traditional @ 7.5%
$2,188/mo
You save $893/month ($10,715/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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