Greg Hammond

Greg Hammond

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Closed

$319,900

($52,911 down)
FHA

10657 Black Bear Road, Brainerd, MN 56401

6
4
3,145 sqft
PITI Monthly
$1,614.93 /mo

Listing courtesy of: , eXp Realty

Assumed Rate

2.84%
7.15%

Principal & Interest

$1,176 /mo
$1,923 /mo

What's Special

LOCATION
RENTAL INCOME

DUPLEX!! This manufactured home with a full basement is a truly rare find, offering an expansive layout with 6 bedrooms, 4 full bathrooms, and an additional office space. Perfectly designed for multifamily living, this home boasts 2 living rooms, 2 kitchens, and a separate entry for the lower level, providing ample privacy and versatility. Nestled on a secluded 20-acre lot at the end of a quiet dead-end road, this property is a haven for those seeking both privacy and space. The land is a prime location for hunting, featuring multiple deer stands, and offers endless possibilities for developing a hobby farm, with a chicken coop already on-site. Just 13 miles from Brainerd and minutes from Garrison and Deerwood, this property provides the perfect blend of rural seclusion with convenient access to nearby towns. If you're looking for a home that offers both extensive indoor space and outdoor opportunities, and potential rental income, this is a must-see property!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.84
Remaining Loan Term
26 years, 7 months
Monthly PITI
$1,614.93/mo
Estimated Loan Balance
$278,159
Cash to close
$52,911
Interest Paid
$26,625

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 6
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Baseboard, Forced Air
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Age Over 8 Years, Asphalt, Pitched
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Private Sewer, Tank with Drainage Field
  • Water Source: Drilled, Well
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Age Over 8 Years, Asphalt, Pitched
Condition
  • Year Built: 1998
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $101.72
  • Tax Annual Amount: $1046
  • On Market Date: 2024-08-13T00:00:00.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $52,911 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $52,911!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$266,989
Your Cash$52,911
Total Purchase Price:$319,900

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$1,176/mo
Traditional @ 7.15%
$1,995/mo
You save $819/month ($9,826/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6586313

Listing From: northstar

Last updated: 2024-12-01T02:08:02.000Z

© , 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

2.84%
7.15%

Principal & Interest

$1,176 /mo
$1,923 /mo
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 $52,911 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $52,911!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$266,989
Your Cash$52,911
Total Purchase Price:$319,900

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$1,176/mo
Traditional @ 7.15%
$1,995/mo
You save $819/month ($9,826/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UME Realty Group
Agent/Broker
Greg HammondUME Realty Group(480) 522-9318greg@umerealtygroup.comMLS

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than UME Realty Group are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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