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OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
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Closed
Closed

$245,000

($39,335 down)
FHA

1629 10th Avenue SE, Rochester, MN 55904

2
2
1,142 sqft
PITI Monthly
$1,420.86 /mo

Listing courtesy of: , Edina Realty, Inc.

Assumed Rate

3.07%
7.15%

Principal & Interest

$925 /mo
$1,469 /mo
$20,984 in interest paid off

What's Special

SHOPPING
SPACIOUS
VAULTED CEILINGS
CUL-DE-SAC
Main floor living in a quiet cul-de-sac! Step into this spacious 2 bedroom, 2 bathroom home with ease! This home features vaulted ceilings, plenty of
natural light, a large living room and primary bedroom with a generous amount of closet space. Kitchen features new flooring with plenty of cabinet
space. The 2 stall garage is insulated and features an upper attic space for extra storage. Close to schools, bus stops, shopping and more! Reach out
for a private showing today!
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.07
Remaining Loan Term
26 years, 9 months
Monthly PITI
$1,420.86/mo
Estimated Loan Balance
$206,461
Cash to close
$39,335
Interest Paid
$20,984

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age Over 8 Years, 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: Two Unit
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Age Over 8 Years, Asphalt
Condition
  • Year Built: 1985
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Meadow Park Estates Condos-Torrens
  • Features: None
HOA
  • Has HOA: Yes
  • HOA Name: Jakobson Management Company
  • HOA Amenities: Unknown
  • HOA Fee: $247
  • HOA Frequency: $Monthly
Location
  • Region: Rochester

Financial Details

  • Price per Sqft: $214.54
  • Tax Annual Amount: $2296
  • On Market Date: Aug 06, 2024
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Savings Calculator

Current cash to close is $39,335 (16%)
You can enter any amount below - secondary financing will cover the difference if needed.
16%
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0%20%50%

You cover the entire equity of $39,335!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$205,665
Your Cash$39,335
Total Purchase Price:$245,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$925/mo
Traditional @ 7.15%
$1,524/mo
You save $599/month ($7,184/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6575831

Listing From: northstar

Last updated: May 07, 2025 02:21am

© 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

3.07%
7.15%

Principal & Interest

$925 /mo
$1,469 /mo
$20,984 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 $39,335 (16%)
You can enter any amount below - secondary financing will cover the difference if needed.
16%
$
0%20%50%

You cover the entire equity of $39,335!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$205,665
Your Cash$39,335
Total Purchase Price:$245,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$925/mo
Traditional @ 7.15%
$1,524/mo
You save $599/month ($7,184/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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