Greg Hammond

Greg Hammond

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$227,000

($20,696 down)
FHA

608 7th Avenue S, Saint Cloud, MN 56301

N/A
N/A
2,903 sqft
PITI Monthly
$1,707.61 /mo

Listing courtesy of: , RE/MAX Advantage Plus

Assumed Rate

6.34%
7.15%

Principal & Interest

$1,312 /mo
$1,426 /mo

What's Special

LOCATION
RENOVATED

Tri-plex with a great location near St. Cloud State University! Upper level has 2 beds and full bath. Main floor has 4 beds and full bath. Lower level has 2 beds and 3/4 bath that was recently renovated . Coin-op laundry located on the main level is shared among the 3 units.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.34
Remaining Loan Term
28 years, 2 months
Monthly PITI
$1,707.61/mo
Estimated Loan Balance
$206,964
Cash to close
$20,696
Interest Paid
$24,289

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: Unknown
  • Heating: Forced Air
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • 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: Triplex
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: Unknown
Condition
  • Year Built: 1937
Details
  • Builder:

Community & HOA

Community
  • Subdivision: A A Browns Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Saint Cloud

Financial Details

  • Price per Sqft: $78.19
  • Tax Annual Amount: $1784
  • On Market Date: 2025-04-07T00:00:00.000Z
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 $20,696 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $20,696!

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

Loan Breakdown

Assumed Mortgage6.34% Sellers Rate
$206,304
Your Cash$20,696
Total Purchase Price:$227,000

Assumed vs Traditional Mortgage

Assumed @ 6.34%
$1,312/mo
Traditional @ 7.15%
$1,479/mo
You save $167/month ($2,001/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6698906

Listing From: northstar

Last updated: 2025-04-08T13:04:03.000Z

© , 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

6.34%
7.15%

Principal & Interest

$1,312 /mo
$1,426 /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 $20,696 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $20,696!

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

Loan Breakdown

Assumed Mortgage6.34% Sellers Rate
$206,304
Your Cash$20,696
Total Purchase Price:$227,000

Assumed vs Traditional Mortgage

Assumed @ 6.34%
$1,312/mo
Traditional @ 7.15%
$1,479/mo
You save $167/month ($2,001/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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