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Closed
Closed

$259,900

($112,204 down)
FHA

3018 Devon Lane, Mound, MN 55364

3
2
1,341 sqft
PITI Monthly
$1,324.58 /mo

Listing courtesy of: , RE/MAX Results

Assumed Rate

3.44%
7.15%

Principal & Interest

$796 /mo
$1,207 /mo
$48,033 in interest paid off

What's Special

DINING
VAULTED CEILINGS
This property is a great equity builder, as reflected by the price. The bedrooms are all good sized, the carpeting is newer. The vaulted ceilings add
visual space to make the living, dining and kitchen areas more open. One full bathroom and one 3/4 bath, and the bedrooms are generously sized. The
A/C is newer, about five years old.
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.44
Remaining Loan Term
21 years, 5 months
Monthly PITI
$1,324.58/mo
Estimated Loan Balance
$148,068
Cash to close
$112,204
Interest Paid
$48,033

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
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
  • Wood Siding
  • Roof: Unknown
Condition
  • Year Built: 1986
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Pembroke
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Mound

Financial Details

  • Price per Sqft: $193.81
  • Tax Annual Amount: $3020
  • On Market Date: Jul 09, 2024
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Savings Calculator

Current cash to close is $112,204 (43%)
You can enter any amount below - secondary financing will cover the difference if needed.
43%
$
0%20%50%

You cover the entire equity of $112,204!

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

Loan Breakdown

Assumed Mortgage3.44% Sellers Rate
$147,696
Your Cash$112,204
Total Purchase Price:$259,900

Assumed vs Traditional Mortgage

Assumed @ 3.44%
$796/mo
Traditional @ 7.15%
$1,252/mo
You save $455/month ($5,465/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6564445

Listing From: northstar

Last updated: Sep 04, 2024 01:44pm

© 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

3.44%
7.15%

Principal & Interest

$796 /mo
$1,207 /mo
$48,033 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 $112,204 (43%)
You can enter any amount below - secondary financing will cover the difference if needed.
43%
$
0%20%50%

You cover the entire equity of $112,204!

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

Loan Breakdown

Assumed Mortgage3.44% Sellers Rate
$147,696
Your Cash$112,204
Total Purchase Price:$259,900

Assumed vs Traditional Mortgage

Assumed @ 3.44%
$796/mo
Traditional @ 7.15%
$1,252/mo
You save $455/month ($5,465/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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