Cheryl Riley

Cheryl Riley

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$310,000

($96,595 down)
FHA

113 5th Avenue S, Sauk Rapids, MN 56379

4
2
2,188 sqft
PITI Monthly
$1,550.86 /mo

Listing courtesy of: , Edina Realty, Inc.

Assumed Rate

2.9%
7.15%

Principal & Interest

$960 /mo
$1,558 /mo

What's Special

SPACIOUS
MODERN
FIREPLACE
WALK-IN CLOSET
HOME OFFICE

Welcome to this beautifully maintained,  character-filled 2-story home, offering timeless craftsmanship and thoughtful updates throughout. From the spacious covered front porch to rich woodwork, double pocket doors, 3-panel doors, and custom trim, charm is found in every detail. The kitchen features hickory-style cabinetry, updated countertops, a tile backsplash, and a walk-in pantry. The main level includes an updated laundry room with new appliances and a pocket door to the kitchen, a flexible bonus room, and a bedroom that also works well as a home office. Upstairs, all 3 bedrooms include built-in closet organizers, with a walk-in closet in the second bedroom. The upper-level full bath features dual sinks and modern fixtures. Additional updates include new light fixtures, ceiling fans, a gas fireplace, and an attached 2-stall garage with a built-in workbench and cabinetry. The driveway was paved in 2023 and includes a widened concrete entrance and heated concrete apron. Welcome Home!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.9
Remaining Loan Term
26 years, 7 months
Monthly PITI
$1,550.86/mo
Estimated Loan Balance
$234,476
Cash to close
$96,595
Interest Paid
$22,039

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Fiber Board
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, Living Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Asphalt
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 Board
  • Roof: Asphalt
Condition
  • Year Built: 1910
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Wood Russell & Gilmans Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Sauk Rapids

Financial Details

  • Price per Sqft: $141.68
  • Tax Annual Amount: $3324
  • On Market Date: 2025-04-11T00:00:00.000Z
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 $96,595 (31%)
You can enter any amount below - secondary financing will cover the difference if needed.
31%
$

You cover the entire equity of $96,595!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$213,405
Your Cash$96,595
Total Purchase Price:$310,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$960/mo
Traditional @ 7.15%
$1,617/mo
You save $656/month ($7,874/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6700219

Listing From: northstar

Last updated: 2025-04-15T14:23:03.000Z

© , 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

2.9%
7.15%

Principal & Interest

$960 /mo
$1,558 /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 $96,595 (31%)
You can enter any amount below - secondary financing will cover the difference if needed.
31%
$

You cover the entire equity of $96,595!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$213,405
Your Cash$96,595
Total Purchase Price:$310,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$960/mo
Traditional @ 7.15%
$1,617/mo
You save $656/month ($7,874/year)

*Secondary financing rates are an estimated value based on input

Follow Us
American Allstar Realty
Agent/Broker
Cheryl RileyAmerican Allstar Realty(602) 353-7375cheryl.m.riley@gmail.comMLS BR655878000

© 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 American Allstar 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.

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