$359,000
($31,494 down)229 Terning Way, Howard Lake, MN 55349
PITI Monthly
Listing courtesy of: , National Realty Guild
Assumed Rate
5.23%
7.15%Principal & Interest
$1,866 /mo
$2,287 /moWhat's Special
Eligible for the First Generation $35,000 grant! This 4-bedroom, 3-bathroom split floor plan features a 2/2 layout with a primary suite and walk-in closets. Enjoy vaulted ceilings, updated cabinets, stainless steel appliances, and a finished walkout lower level sitting on a lookout lot that backs onto serene wetlands and cornfields, providing the seclusion you desire while still being located in the desirable Terning Trails community with nearby walking trails, Lions Park Beach and boat access. There are no builder, developer, or community restrictions, and some builder/manufacturer warranties will transfer with the property. Call to schedule your showing today!
Assumption Snapshot
Type of Loan
FHA
Interest Rate
5.23
Remaining Loan Term
27 years, 3 months
Monthly PITI
$2,277.24/mo
Estimated Loan Balance
$350,582
Cash to close
$31,494
Interest Paid
$47,768
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
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: Unknown
Roof
- Roof: Age 8 Years or Less, Architectural Shingle
Parking
- Garage: Yes
- Garage Spaces: 3
- 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: Age 8 Years or Less, Architectural Shingle
Condition
- Year Built: 2022
Details
- Builder:
Community & HOA
Community
- Subdivision: Terning Trails 2
- Features: None
HOA
- Has HOA: No
Location
- Region: Howard Lake
Financial Details
- Price per Sqft: $169.02
- Tax Annual Amount: $258
- On Market Date: 2024-10-04T00:00:00.000Z
Inquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $31,494!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: NST6610920
Listing From: northstar
Last updated: 2025-03-14T23:23:03.000Z
© , 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
5.23%
7.15%Principal & Interest
$1,866 /mo
$2,287 /moInquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $31,494!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
Follow Us
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000Resources
Apply to AssumePowered By UMe.
© 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 Your Home Sold Guaranteed Realty 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.
Your Home Sold Guaranteed Realty © is committed to and abides by the Fair Housing Act of Equal Opportunity.