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OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
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Closed
Closed

$152,000

($85,026 down)
FHA

2011 3rd Street SE, Bemidji, MN 56601

3
1
1,135 sqft
PITI Monthly
$658.25 /mo

Listing courtesy of: , Northland Sotheby's International Realty

Assumed Rate

4.55%
7.15%

Principal & Interest

$382 /mo
$506 /mo
$21,181 in interest paid off

What's Special

HARDWOOD FLOORS
COZY
Looking for the country feel yet close to town to access all its amenities? This is what you are looking for! This property has just over 4 acres on the
edge of town. Walking distance to the Sanford Center and Northwest Technical College. This property was part of the original farmstead on this side of
town. 3 bedrooms 1 bathroom. Unique features including some of the original hardwood floors. Possibility to turn the upstairs into 2 separate
bedrooms. Endless opportunities to make this into your cute cozy home! Property is being sold as is
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.55
Remaining Loan Term
23 years, 5 months
Monthly PITI
$658.25/mo
Estimated Loan Balance
$22,451
Cash to close
$85,026
Interest Paid
$21,181

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air
Features
  • Materials: Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Metal
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Tank with Drainage Field
  • Water Source: Well
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Wood Siding
  • Roof: Metal
Condition
  • Year Built: 1920
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Garden Home
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Bemidji

Financial Details

  • Price per Sqft: $133.92
  • Tax Annual Amount: $880
  • On Market Date: Nov 13, 2023
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Savings Calculator

Current cash to close is $85,026 (56%)
You can enter any amount below - secondary financing will cover the difference if needed.
56%
$
0%20%50%

You cover the entire equity of $85,026!

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

Loan Breakdown

Assumed Mortgage4.55% Sellers Rate
$66,974
Your Cash:$85,026
Total Purchase Price:$152,000

Assumed vs Traditional Mortgage

Assumed @ 4.55%
$382/mo
Traditional @ 7.15%
$525/mo
You save $143/month ($1,717/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6459414

Listing From: northstar

Last updated: Jun 27, 2024 07:31pm

© 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

4.55%
7.15%

Principal & Interest

$382 /mo
$506 /mo
$21,181 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 $85,026 (56%)
You can enter any amount below - secondary financing will cover the difference if needed.
56%
$
0%20%50%

You cover the entire equity of $85,026!

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

Loan Breakdown

Assumed Mortgage4.55% Sellers Rate
$66,974
Your Cash:$85,026
Total Purchase Price:$152,000

Assumed vs Traditional Mortgage

Assumed @ 4.55%
$382/mo
Traditional @ 7.15%
$525/mo
You save $143/month ($1,717/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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