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OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
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Closed
Closed

$319,900

($185,743 down)
FHA

217 Maple Lane SW, Saint Michael, MN 55376

4
2
2,372 sqft
PITI Monthly
$1,364.5 /mo

Listing courtesy of: , Edina Realty, Inc.

Assumed Rate

3.5%
7.15%

Principal & Interest

$833 /mo
$1,252 /mo
$70,072 in interest paid off

What's Special

LOCATION
SPACIOUS
PATIO
Solid, spacious and well-situated rambler with a long list of updates. Property has a nice 4-season sunroom addition with full basement underneath and
a private, flat yard with storage shed. Amazing location just a half mile to Mainstreet with walking distance to shops, bars & restaurants, less than a mile
to elementary school, short stroll to Walnut Park. Updates include big-ticket items like maintenance-free siding, new windows, updates to main floor
bath, new concrete back patio & concrete driveway (2020), new front door & garage service door (2024), brand new LVP flooring in sunro... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.5
Remaining Loan Term
17 years, 6 months
Monthly PITI
$1,364.5/mo
Estimated Loan Balance
$140,201
Cash to close
$185,743
Interest Paid
$70,072

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Aluminum Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age Over 8 Years
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: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Aluminum Siding
  • Roof: Age Over 8 Years
Condition
  • Year Built: 1978
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Kilians 2nd Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Saint Michael

Financial Details

  • Price per Sqft: $134.87
  • Tax Annual Amount: $3008
  • On Market Date: Sep 12, 2024
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Savings Calculator

Current cash to close is $185,743 (58%)
You can enter any amount below - secondary financing will cover the difference if needed.
58%
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0%20%50%

You cover the entire equity of $185,743!

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

Loan Breakdown

Assumed Mortgage3.5% Sellers Rate
$134,157
Your Cash:$185,743
Total Purchase Price:$319,900

Assumed vs Traditional Mortgage

Assumed @ 3.5%
$833/mo
Traditional @ 7.15%
$1,299/mo
You save $466/month ($5,596/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6601695

Listing From: northstar

Last updated: May 07, 2025 02:29am

© 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

3.5%
7.15%

Principal & Interest

$833 /mo
$1,252 /mo
$70,072 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 $185,743 (58%)
You can enter any amount below - secondary financing will cover the difference if needed.
58%
$
0%20%50%

You cover the entire equity of $185,743!

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

Loan Breakdown

Assumed Mortgage3.5% Sellers Rate
$134,157
Your Cash:$185,743
Total Purchase Price:$319,900

Assumed vs Traditional Mortgage

Assumed @ 3.5%
$833/mo
Traditional @ 7.15%
$1,299/mo
You save $466/month ($5,596/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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