$260,000
($85,297 down)631 W Broadway Avenue, Forest Lake, MN 55025
PITI Monthly
Listing courtesy of: , Keller Williams Premier Realty
Assumed Rate
3.45%
7.15%Principal & Interest
$819 /mo
$1,239 /moWhat's Special
Here is your chance to own a spacious, move-in ready home close to everything! Zoned for both residential use and commercial use, this spacious home can be used a residence, a home business, or simply a business in a prime location. Updates include Hardy Board siding and windows in 2021 , vinyl plank flooring in 2023 and a brand new shower/tub combo in 2024! The main level features a large mudroom/laundry room, spacious living/dining room area and full bathroom. Upstairs you will find 3 bedrooms with tons of closet space. There is great parking space outside + 2 car detached 22x24 garage. You can walk to downtown Forest Lake, parks, the beach, stores, dining and more!
Assumption Snapshot
Type of Loan
VA
Interest Rate
3.45
Remaining Loan Term
26 years, 11 months
Monthly PITI
$1,150.3/mo
Estimated Loan Balance
$175,960
Cash to close
$85,297
Interest Paid
$18,943
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
Cooling & Heating
- Cooling: Ductless Mini-Split, Window Unit(s)
- Heating: Ductless Mini-Split, Forced Air, Heat Pump
Features
- Materials: Fiber Cement
- Community: Unknown
- Has Fireplace: No
- Fireplace Features: Unknown
- Flooring: Unknown
Exterior
Fencing
- Fencing: Unknown
Roof
- Roof: Unknown
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
- Fiber Cement
- Roof: Unknown
Condition
- Year Built: 1900
Details
- Builder:
Community & HOA
Community
- Subdivision: Houles Jw Add
- Features: None
HOA
- Has HOA: No
Location
- Region: Forest Lake
Financial Details
- Price per Sqft: $174.97
- Tax Annual Amount: $2177
- On Market Date: 2024-08-13T00:00:00.000Z
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.
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You cover the entire equity of $85,297!
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: NST6551636
Listing From: northstar
Last updated: 2025-03-20T20:24:03.000Z
© , 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
3.45%
7.15%Principal & Interest
$819 /mo
$1,239 /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 $85,297!
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
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