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Closed
Closed

$279,900

($274,690 down)
FHA

5012 24th Avenue NW, Rochester, MN 55901

4
2
1,932 sqft
PITI Monthly
$445.39 /mo

Listing courtesy of: , Keller Williams Premier Realty

Assumed Rate

2.31%
7.15%

Principal & Interest

$30 /mo
$46 /mo
$420 in interest paid off

What's Special

SHOPPING
SPACIOUS
MODERN
DECK
Step into this delightful home featuring 4 bright and welcoming bedrooms, 2 full bathrooms, and a brand new detached garage! The spacious deck is
perfect for outdoor gatherings, and with a new roof and a fully fenced backyard, it's the ultimate private retreat. Inside, you'll find a sleek new range
and refrigerator, plus fresh LVP flooring upstairs that adds a modern touch. Conveniently located near a bus stop and great shopping, this home is
ready to welcome you with open arms.
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.31
Remaining Loan Term
16 years, 8 months
Monthly PITI
$445.39/mo
Estimated Loan Balance
$10,908
Cash to close
$274,690
Interest Paid
$420

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Full
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
  • Vinyl Siding
  • Roof: Unknown
Condition
  • Year Built: 1993
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Cimarron 15th
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Rochester

Financial Details

  • Price per Sqft: $144.88
  • Tax Annual Amount: $3130
  • On Market Date: Sep 06, 2024
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Savings Calculator

Current cash to close is $274,690 (98%)
You can enter any amount below - secondary financing will cover the difference if needed.
98%
$
0%20%50%

You cover the entire equity of $274,690!

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

Loan Breakdown

Assumed Mortgage2.31% Sellers Rate
$5,210
Your Cash:$274,690
Total Purchase Price:$279,900

Assumed vs Traditional Mortgage

Assumed @ 2.31%
$30/mo
Traditional @ 7.15%
$47/mo
You save $17/month ($201/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6598528

Listing From: northstar

Last updated: Nov 18, 2024 10:47pm

© 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

2.31%
7.15%

Principal & Interest

$30 /mo
$46 /mo
$420 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 $274,690 (98%)
You can enter any amount below - secondary financing will cover the difference if needed.
98%
$
0%20%50%

You cover the entire equity of $274,690!

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

Loan Breakdown

Assumed Mortgage2.31% Sellers Rate
$5,210
Your Cash:$274,690
Total Purchase Price:$279,900

Assumed vs Traditional Mortgage

Assumed @ 2.31%
$30/mo
Traditional @ 7.15%
$47/mo
You save $17/month ($201/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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