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Closed
Closed

$350,000

($313,721 down)
VA

1631 Primrose Lane, Shakopee, MN 55379

4
2
1,995 sqft
PITI Monthly
$1,022.57 /mo

Listing courtesy of: , RE/MAX Advantage Plus

Assumed Rate

3.06%
7.15%

Principal & Interest

$567 /mo
$741 /mo
$17,608 in interest paid off

What's Special

LOCATION
SPACIOUS
WALK-IN CLOSET
DECK
CHARMING
Charming Shakopee Home with Endless Potential! This well-situated home, nestled in a prime location right next to a beautiful park, is bursting with
opportunity! While it’s ready for some updating, it boasts solid "good bones" and a host of recent improvements, making it the perfect canvas for your
personal touch. Key updates include a new water heater (2020), oven (2019), furnace and A/C (2017), washer and dryer (2017), and three new
upper-level windows (2017). You'll also enjoy fresh upstairs carpeting installed in 2020, a convenient parking pad for a trailer added in 201... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.06
Remaining Loan Term
5 years, 2 months
Monthly PITI
$1,022.57/mo
Estimated Loan Balance
$64,836
Cash to close
$313,721
Interest Paid
$17,608

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick/Stone, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Electric
  • 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 - In Street
  • Water Source: City Water - In Street
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Brick/Stone, Vinyl Siding
  • Roof: Age Over 8 Years, Asphalt
Condition
  • Year Built: 1994
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Subdivisionname Meadows 9th Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Shakopee

Financial Details

  • Price per Sqft: $175.44
  • Tax Annual Amount: $3672
  • On Market Date: Sep 05, 2024
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Savings Calculator

Current cash to close is $313,721 (90%)
You can enter any amount below - secondary financing will cover the difference if needed.
90%
$
0%20%50%

You cover the entire equity of $313,721!

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

Loan Breakdown

Assumed Mortgage3.06% Sellers Rate
$36,279
Your Cash:$313,721
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 3.06%
$567/mo
Traditional @ 7.15%
$758/mo
You save $192/month ($2,301/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6597671

Listing From: northstar

Last updated: Sep 18, 2024 07:15pm

© 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

3.06%
7.15%

Principal & Interest

$567 /mo
$741 /mo
$17,608 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 $313,721 (90%)
You can enter any amount below - secondary financing will cover the difference if needed.
90%
$
0%20%50%

You cover the entire equity of $313,721!

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

Loan Breakdown

Assumed Mortgage3.06% Sellers Rate
$36,279
Your Cash:$313,721
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 3.06%
$567/mo
Traditional @ 7.15%
$758/mo
You save $192/month ($2,301/year)

*Secondary financing rates are an estimated value based on input

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