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OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
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Pending
Pending

$240,000

($52,128 down)
FHA

655 Lark Street, Audubon, MN 56511

5
2
2,021 sqft
PITI Monthly
$1,327.04 /mo

Listing courtesy of: , HomeSmart Adventure Realty

Assumed Rate

2.98%
7.15%

Principal & Interest

$846 /mo
$1,360 /mo
$21,610 in interest paid off

What's Special

SPACIOUS
PLAYGROUND
This spacious split-level home features 5 bedrooms, 2 bathrooms, two family rooms, along with an oversized garage. The fenced backyard is ideal for
activities and pets, and city park with an amazing playground is just a stones throw away. Enjoy peaceful mornings sipping your coffee watching the
sunrise over the fields at the edge of town. Just minutes to Detroit Lakes and close proximity to the Fargo-Moorhead area. Schedule a showing today!
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.98
Remaining Loan Term
26 years, 3 months
Monthly PITI
$1,327.04/mo
Estimated Loan Balance
$247,901
Cash to close
$52,128
Interest Paid
$21,610

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: 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: Asphalt
Condition
  • Year Built: 2000
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Audubon
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Audubon

Financial Details

  • Price per Sqft: $118.75
  • Tax Annual Amount: $2256
  • On Market Date: Sep 06, 2024
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Savings Calculator

Current cash to close is $52,128 (22%)
You can enter any amount below - secondary financing will cover the difference if needed.
22%
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0%20%50%

You cover the entire equity of $52,128!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$187,872
Your Cash$52,128
Total Purchase Price:$240,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$846/mo
Traditional @ 7.15%
$1,410/mo
You save $564/month ($6,765/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6595483

Listing From: northstar

Last updated: May 07, 2025 06:25pm

© 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

2.98%
7.15%

Principal & Interest

$846 /mo
$1,360 /mo
$21,610 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 $52,128 (22%)
You can enter any amount below - secondary financing will cover the difference if needed.
22%
$
0%20%50%

You cover the entire equity of $52,128!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$187,872
Your Cash$52,128
Total Purchase Price:$240,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$846/mo
Traditional @ 7.15%
$1,410/mo
You save $564/month ($6,765/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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