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Closed
Closed

$524,900

($43,589 down)
FHA

23597 N Shore Drive, Emily, MN 56447

2
2
1,885 sqft
PITI Monthly
$3,267.58 /mo

Listing courtesy of: , Kurilla Real Estate LTD

Assumed Rate

3.64%
7.15%

Principal & Interest

$2,426 /mo
$3,586 /mo
$96,331 in interest paid off

What's Special

SERENE
SPACIOUS
FIREPLACE
VAULTED CEILINGS
DECK
LAKE VIEWS
CHARMING
COZY
Nestled on the serene shores of Lake Mary is this charming 2-bedroom 2-bath ¼ log sided home featuring 150’ of shoreline, gradual elevation, a nice
hard lake bottom for swimming all on a beautifully wooded lot. Step inside to breathtaking lake views through a wall of lakeside windows with knotty
pine tongue-and-groove vaulted ceilings, an open floor plan, a spacious kitchen, a large lakeside deck, main floor laundry…all the convenience you’ll
need for main level living. The walk-out lower level features a cozy wood-burning fireplace, a sprawling family room with pine walls, a bar ... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.64
Remaining Loan Term
24 years, 9 months
Monthly PITI
$3,267.58/mo
Estimated Loan Balance
$524,407
Cash to close
$43,589
Interest Paid
$96,331

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Wood Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Family Room, Free Standing, Wood Burning
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
  • Water Source: Submersible - 4 Inch, Drilled, Private, Well
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Wood Siding
  • Roof: Asphalt
Condition
  • Year Built: 1993
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Lake Mary Estates
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Emily

Financial Details

  • Price per Sqft: $278.46
  • Tax Annual Amount: $3584
  • On Market Date: Sep 16, 2024
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Savings Calculator

Current cash to close is $43,589 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$
0%20%50%

You cover the entire equity of $43,589!

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

Loan Breakdown

Assumed Mortgage3.64% Sellers Rate
$481,311
Your Cash$43,589
Total Purchase Price:$524,900

Assumed vs Traditional Mortgage

Assumed @ 3.64%
$2,426/mo
Traditional @ 7.15%
$3,720/mo
You save $1,294/month ($15,528/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6602137

Listing From: northstar

Last updated: Oct 18, 2024 09:01pm

© 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

3.64%
7.15%

Principal & Interest

$2,426 /mo
$3,586 /mo
$96,331 in interest paid off
Inquire about this property
​
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​
​
​

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 $43,589 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$
0%20%50%

You cover the entire equity of $43,589!

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

Loan Breakdown

Assumed Mortgage3.64% Sellers Rate
$481,311
Your Cash$43,589
Total Purchase Price:$524,900

Assumed vs Traditional Mortgage

Assumed @ 3.64%
$2,426/mo
Traditional @ 7.15%
$3,720/mo
You save $1,294/month ($15,528/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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