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OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
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Closed
Closed

$199,900

($57,068 down)
VA

105 S Fayal Avenue, Eveleth, MN 55734

2
1
1,000 sqft
PITI Monthly
$1,162.9 /mo

Listing courtesy of: , RE/MAX Results - Duluth (Main)

Assumed Rate

6.54%
7.15%

Principal & Interest

$920 /mo
$979 /mo
$18,762 in interest paid off

What's Special

DINING
COZY
Welcome to this cute and cozy Brick Home! This 2 bedroom 1 full bath home offers main level living,Hard wood floors, New windows, and a brand new
boiler and tankless hot water heater. The kitchen area has lots of natural sunlight and a eat in dining area. The appliances were new in 2023 with a 4
burner gas stove. This home is on a 50x150 lot with a 2+ car detached garage that is heated and has additional parking for a trailer or and RV. This
home has been well taken care of and is conveniently located. the seller purchased new furniture that is negotiable.
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.54
Remaining Loan Term
28 years, 0 months
Monthly PITI
$1,162.9/mo
Estimated Loan Balance
$143,113
Cash to close
$57,068
Interest Paid
$18,762

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: Baseboard, Boiler, Hot Water
Features
  • Materials: Brick/Stone
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas
  • 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
  • Brick/Stone
  • Roof: Unknown
Condition
  • Year Built: 1954
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Town Of Fayal First Div
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Eveleth

Financial Details

  • Price per Sqft: $199.9
  • Tax Annual Amount: $1111
  • On Market Date: Mar 05, 2024
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Savings Calculator

Current cash to close is $57,068 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$
0%20%50%

You cover the entire equity of $57,068!

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

Loan Breakdown

Assumed Mortgage6.54% Sellers Rate
$142,832
Your Cash$57,068
Total Purchase Price:$199,900

Assumed vs Traditional Mortgage

Assumed @ 6.54%
$920/mo
Traditional @ 7.15%
$1,016/mo
You save $96/month ($1,146/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6499337

Listing From: northstar

Last updated: May 31, 2024 06:44pm

© 2025, 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

6.54%
7.15%

Principal & Interest

$920 /mo
$979 /mo
$18,762 in interest paid off
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 $57,068 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$
0%20%50%

You cover the entire equity of $57,068!

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

Loan Breakdown

Assumed Mortgage6.54% Sellers Rate
$142,832
Your Cash$57,068
Total Purchase Price:$199,900

Assumed vs Traditional Mortgage

Assumed @ 6.54%
$920/mo
Traditional @ 7.15%
$1,016/mo
You save $96/month ($1,146/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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