Greg Hammond

Greg Hammond

Property SearchContact
primary-1
primary-2primary-3
Closed

$294,500

($138,272 down)
FHA

16800 185th Avenue NE, Foley, MN 56329

2
1
1,111 sqft
PITI Monthly
$1,114.59 /mo

Listing courtesy of: , Hewitt Jackson Real Estate

Assumed Rate

3.07%
7.15%

Principal & Interest

$714 /mo
$1,134 /mo

What's Special

SPACIOUS
HARDWOOD FLOORS
FIREPLACE
OUTDOOR LIVING SPACE
CHARMING
COZY

9.7 acre Country Horse Lovers Dream Property features Custom-built 2+ bedroom Log Home with spacious additions. Sellers were using 15 x 13 Vaulted Livingroom as a 3 Bedroom. Approximately 3 acres fenced in front of property and approximately an additional 3 acres in back of the property could be fenced for additional pasture or used for crop or hay field. 3 Loafing Sheds and Newer 20x32 RFC Moniter Barn (Classic Loft Barn Style) has (cemented floor) great upper bonus area. 24x36 garage includes a possible workshop area. Bring your Animals! Property is currently setup for horses/chickens. 2 very nice chicken coops. Sellers have planted Perennials and Fruit Trees Galore for Beauty Now and the Future! (see map in supplements). Charming Rustic Home has been upgraded with a stunning new kitchen, new cabinets, quartz countertops, a copper farm sink, choice flooring. Main Living area has Designer Pressed Ceiling Tiles, Amazing Hardwood Floors, Log Walls, and a Cozy Warm Gas Fireplace. Newly updated Main floor Bathroom includes Double Sinks, Fashionable Flooring, and Elegant Soaker Tub/Shower. Main floor Laundry has New Washer/Dryer. 7x7 Breezeway to attached 16x16 gazebo for additional outdoor living space. Sellers have seen many deer and other wildlife in the vista view backyard. Quick Close/Possession Possible! Milaca School or Foley School Districts (Buyers to Verify Possibility) Country Living with Style.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.07
Remaining Loan Term
26 years, 9 months
Monthly PITI
$1,114.59/mo
Estimated Loan Balance
$156,542
Cash to close
$138,272
Interest Paid
$16,194

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Ductless Mini-Split, Wall Unit(s)
  • Heating: Ductless Mini-Split
Features
  • Materials: Log, Log Siding, Metal Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, Living Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age 8 Years or Less, Metal
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Mound Septic, Private Sewer
  • Water Source: Well
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Log, Log Siding, Metal Siding
  • Roof: Age 8 Years or Less, Metal
Condition
  • Year Built: 2021
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $265.08
  • Tax Annual Amount: $1578
  • On Market Date: 2025-03-20T00:00:00.000Z
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 $138,272 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$

You cover the entire equity of $138,272!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$156,228
Your Cash$138,272
Total Purchase Price:$294,500

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$714/mo
Traditional @ 7.15%
$1,176/mo
You save $462/month ($5,544/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6688350

Listing From: northstar

Last updated: 2025-04-25T17:58:03.000Z

© , 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

3.07%
7.15%

Principal & Interest

$714 /mo
$1,134 /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 $138,272 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$

You cover the entire equity of $138,272!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$156,228
Your Cash$138,272
Total Purchase Price:$294,500

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$714/mo
Traditional @ 7.15%
$1,176/mo
You save $462/month ($5,544/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.

equal-housing

UME Realty Group © is committed to and abides by the Fair Housing Act of Equal Opportunity.