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OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
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Closed
Closed

$154,999

($12,412 down)
FHA

301 Main Street, Ostrander, MN 55961

3
1
1,146 sqft
PITI Monthly
$1,200.45 /mo

Listing courtesy of: , Dwell Realty Group LLC

Assumed Rate

5.41%
7.15%

Principal & Interest

$828 /mo
$995 /mo
$20,225 in interest paid off

What's Special

DECK
MATURE TREES
COZY
This adorable home has a large light filled back porch, roomy kitchen, cozy living room, and three nice sized bedrooms. The oversized two car garage
with concrete driveway is an added bonus. The kitchen, bathroom, upper bedroom flooring, soffit, facia, siding and windows were all updated within
the last several years. Enjoy small town living with quiet evenings on the back deck in your large corner lot with mature trees.
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.41
Remaining Loan Term
27 years, 5 months
Monthly PITI
$1,200.45/mo
Estimated Loan Balance
$142,954
Cash to close
$12,412
Interest Paid
$20,225

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Wall Unit(s)
  • Heating: Forced Air
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age Over 8 Years, Asphalt
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
  • Vinyl Siding
  • Roof: Age Over 8 Years, Asphalt
Condition
  • Year Built: 1900
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Ostrander Original
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Ostrander

Financial Details

  • Price per Sqft: $135.25
  • Tax Annual Amount: $1418
  • On Market Date: Jan 01, 2025
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Savings Calculator

Current cash to close is $12,412 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
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0%20%50%

You cover the entire equity of $12,412!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$142,587
Your Cash$12,412
Total Purchase Price:$154,999

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$828/mo
Traditional @ 7.15%
$1,032/mo
You save $204/month ($2,447/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6643893

Listing From: northstar

Last updated: Mar 01, 2025 12:10am

© 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

5.41%
7.15%

Principal & Interest

$828 /mo
$995 /mo
$20,225 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 $12,412 (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 $12,412!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$142,587
Your Cash$12,412
Total Purchase Price:$154,999

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$828/mo
Traditional @ 7.15%
$1,032/mo
You save $204/month ($2,447/year)

*Secondary financing rates are an estimated value based on input

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May, 16 2025

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