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Closed
Closed

$165,000

($61,986 down)
FHA

1114 E Madison Street, Eau Claire, WI 54703

N/A
N/A
1,678 sqft
PITI Monthly
$850.03 /mo

Listing courtesy of: , Keller Williams Premier Realty

Assumed Rate

2.68%
7.15%

Principal & Interest

$453 /mo
$756 /mo
$12,150 in interest paid off

What's Special

INVESTMENT OPPORTUNITY
Excellent investment opportunity on Northside Hill. Separate gas & electric meters. New updates include new carpet, new roof on one side, and new
furnace in one of the units. Located close to Mt Tom & McDonough Parks, Longfellow Elementary, and the bus line. Start or expand your rental portfolio
today!
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.68
Remaining Loan Term
25 years, 9 months
Monthly PITI
$850.03/mo
Estimated Loan Balance
$108,236
Cash to close
$61,986
Interest Paid
$12,150

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: Unknown
  • Heating: Baseboard, 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: Duplex Other
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Age Over 8 Years
Condition
  • Year Built: 1888
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Eau Claire Lumber Cos 5th Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Eau Claire

Financial Details

  • Price per Sqft: $98.33
  • Tax Annual Amount: $2015
  • On Market Date: Apr 19, 2024
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Savings Calculator

Current cash to close is $61,986 (38%)
You can enter any amount below - secondary financing will cover the difference if needed.
38%
$
0%20%50%

You cover the entire equity of $61,986!

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

Loan Breakdown

Assumed Mortgage2.68% Sellers Rate
$103,014
Your Cash$61,986
Total Purchase Price:$165,000

Assumed vs Traditional Mortgage

Assumed @ 2.68%
$453/mo
Traditional @ 7.15%
$784/mo
You save $331/month ($3,976/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6521907

Listing From: northstar

Last updated: Sep 27, 2024 07:43pm

© 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

2.68%
7.15%

Principal & Interest

$453 /mo
$756 /mo
$12,150 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 $61,986 (38%)
You can enter any amount below - secondary financing will cover the difference if needed.
38%
$
0%20%50%

You cover the entire equity of $61,986!

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

Loan Breakdown

Assumed Mortgage2.68% Sellers Rate
$103,014
Your Cash$61,986
Total Purchase Price:$165,000

Assumed vs Traditional Mortgage

Assumed @ 2.68%
$453/mo
Traditional @ 7.15%
$784/mo
You save $331/month ($3,976/year)

*Secondary financing rates are an estimated value based on input

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