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OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
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Closed
Closed

$265,000

($204,620 down)
FHA

16770 79th Place N, Maple Grove, MN 55311

2
2
1,539 sqft
PITI Monthly
$1,507.11 /mo

Listing courtesy of: , Edina Realty, Inc.

Assumed Rate

7%
7.15%

Principal & Interest

$996 /mo
$1,011 /mo
$197,606 in interest paid off

What's Special

LOCATION
SPACIOUS
PATIO
MATURE TREES
CUL-DE-SAC
Light and airy townhome on a quiet cul-de-sac in a terrific location. This beautiful setting with mature trees is highlighted by the vaulted ceiling and loft,
and there is a walking trail right off your back patio! The open floor plan on the main level has new vinyl plank flooring, a spacious kitchen with plenty of
oak cabinetry and counter space, as well as a convenient ½ bath. Upstairs, the primary bedroom is very large, with dual closets, and a walk-through full
bath with dual sinks. Beautiful natural light floods the loft area from all the windows! Newer siding and roof, HSA Home Warranty provided... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7
Remaining Loan Term
5 years, 6 months
Monthly PITI
$1,507.11/mo
Estimated Loan Balance
$61,021
Cash to close
$204,620
Interest Paid
$197,606

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Age 8 Years or Less, Asphalt, Pitched
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: None

Construction

Type & Style
  • Stories:
  • Home type: Townhouse Side x Side
  • Architectural Style: Unknown
Materials
  • Brick Veneer, Vinyl Siding
  • Roof: Age 8 Years or Less, Asphalt, Pitched
Condition
  • Year Built: 1997
Details
  • Builder:

Community & HOA

Community
  • Subdivision: The Preserve At Weaver Lake
  • Features: None
HOA
  • Has HOA: Yes
  • HOA Name: First Service Residential
  • HOA Amenities: Unknown
  • HOA Fee: $300
  • HOA Frequency: $Monthly
Location
  • Region: Maple Grove

Financial Details

  • Price per Sqft: $172.19
  • Tax Annual Amount: $3057
  • On Market Date: Jul 29, 2024
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Savings Calculator

Current cash to close is $204,620 (77%)
You can enter any amount below - secondary financing will cover the difference if needed.
77%
$
0%20%50%

You cover the entire equity of $204,620!

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

Loan Breakdown

Assumed Mortgage7% Sellers Rate
$60,380
Your Cash:$204,620
Total Purchase Price:$265,000

Assumed vs Traditional Mortgage

Assumed @ 7%
$996/mo
Traditional @ 7.15%
$1,049/mo
You save $53/month ($634/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6574852

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

7%
7.15%

Principal & Interest

$996 /mo
$1,011 /mo
$197,606 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 $204,620 (77%)
You can enter any amount below - secondary financing will cover the difference if needed.
77%
$
0%20%50%

You cover the entire equity of $204,620!

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

Loan Breakdown

Assumed Mortgage7% Sellers Rate
$60,380
Your Cash:$204,620
Total Purchase Price:$265,000

Assumed vs Traditional Mortgage

Assumed @ 7%
$996/mo
Traditional @ 7.15%
$1,049/mo
You save $53/month ($634/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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