Overview What's Special Location Assumption Snapshot Facts & Features

Closed

$475,000

($269,316 down)

FHA

18435 85th Place N, Maple Grove, MN 55311

2,179 sqft

PITI Monthly

$2,039.69 /mo

Listing courtesy of: , Lakes Sotheby's International Realty

Assumed Rate

3.88%

7.15%

Principal & Interest

$1,223 /mo

$1,756 /mo

$94,087 in interest paid off

What's Special

LOCATION

GRANITE COUNTERTOPS

DECK

FENCED YARD

IRRIGATION SYSTEM

Bright and cheerful residence on a corner lot in Maple Grove! Soaring vaults and an inviting floor plan welcome you home. As you move through the
house, you’ll notice everything in the right place for easy living. Kitchen has white cabinets, granite countertops, and s/s appliances. There is also a
main floor office/4th bedroom for lifestyle flexibility. The upper level has 3 bedrooms, including a primary suite with separate jetted tub/shower for
relaxing moments at the end of the day. The clean and dry basement is unfinished, but it already includes an egress window and bath rou... Show more... Show more

Assumption Snapshot

Type of Loan

FHA

Interest Rate

3.88

Remaining Loan Term

19 years, 7 months

Monthly PITI

$2,039.69/mo

Estimated Loan Balance

$206,795

Cash to close

$269,316

Interest Paid

$94,087

Facts & Features

Interior

Bedrooms & Bathrooms

Bedrooms: 4
Bathrooms: 3

Cooling & Heating

Cooling: Central Air
Heating: Forced Air

Features

Materials: Vinyl Siding
Community: Unknown
Has Fireplace: Yes
Fireplace Features: Family Room, Gas
Flooring: Unknown

Exterior

Fencing

Fencing: Chain Link, Full

Roof

Roof: Age 8 Years or Less, Architecural Shingle, Asphalt, Pitched

Parking

Garage: Yes
Garage Spaces: 3
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: Single Family Residence
Architectural Style: Unknown

Materials

Vinyl Siding
Roof: Age 8 Years or Less, Architecural Shingle, Asphalt, Pitched

Condition

Year Built: 1995

Details

Builder:

Community & HOA

Community

Subdivision: Cobblestone Hills
Features: None

HOA

Has HOA: No

Location

Region: Maple Grove

Financial Details

Price per Sqft: $217.99
Tax Annual Amount: $5586
On Market Date: Aug 12, 2024

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 $269,316 (57%)

You can enter any amount below - secondary financing will cover the difference if needed.

57%

You cover the entire equity of $269,316!

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

Loan Breakdown

Assumed Mortgage3.88% Sellers Rate

$205,684

Your Cash:$269,316

Total Purchase Price:$475,000

Assumed vs Traditional Mortgage

Assumed @ 3.88%

$1,223/mo

Traditional @ 7.15%

$1,822/mo

You save $598/month ($7,178/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6583659

Listing From: northstar

Last updated: Sep 16, 2024 06:51pm

© 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

3.88%

7.15%

Principal & Interest

$1,223 /mo

$1,756 /mo

$94,087 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 $269,316 (57%)

You can enter any amount below - secondary financing will cover the difference if needed.

57%

You cover the entire equity of $269,316!

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

Loan Breakdown

Assumed Mortgage3.88% Sellers Rate

$205,684

Your Cash:$269,316

Total Purchase Price:$475,000

Assumed vs Traditional Mortgage

Assumed @ 3.88%

$1,223/mo

Traditional @ 7.15%

$1,822/mo

You save $598/month ($7,178/year)

*Secondary financing rates are an estimated value based on input

Berkshire Hathaway HomeServices California Realty

Agent/Broker

Dave CoreyBerkshire Hathaway HomeServices California Realty(213) 505-2098berkshiresc@fyremail.netMLS

© 2025 Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices California Realty are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
May, 14 2025

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