Cheryl Riley

Cheryl Riley

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Closed

$220,000

($75,674 down)
FHA

28 22nd Avenue S, Saint Cloud, MN 56301

4
2
1,648 sqft
PITI Monthly
$1,112.52 /mo

Listing courtesy of: , RE/MAX Results

Assumed Rate

2.94%
7.15%

Principal & Interest

$665 /mo
$1,074 /mo

What's Special

LOCATION
SERENE
SPACIOUS
COZY

Step into the comfort of a well-cared-for 4-bedroom, 2-bathroom house, perfect for first-time homebuyers and growing families alike. Nestled in a beautiful, serene neighborhood that offers the convenience of a central location and the privacy you crave, the home is a rare find. Just a block away, enjoy leisurely afternoons at the local park or spend your weekends entertaining in the spacious yard that beckons for outdoor gatherings and memories to be made. Inside, you'll discover a layout that's both cozy and functional, accommodating the hustle and bustle of family life. An oversized 2-stall garage ensures ample space for vehicles and storage, solving all your parking needs. Whether you're hosting a summer BBQ or enjoying the quiet ambiance of the community, this house is ready to be transformed into your home. Don't miss out on the opportunity to plant your roots in this inviting residence!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.94
Remaining Loan Term
25 years, 7 months
Monthly PITI
$1,112.52/mo
Estimated Loan Balance
$148,767
Cash to close
$75,674
Interest Paid
$19,671

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
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: Wood
Roof
  • Roof: Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected, Sand Point
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Asphalt
Condition
  • Year Built: 1950
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Colonial Gardens Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Saint Cloud

Financial Details

  • Price per Sqft: $133.5
  • Tax Annual Amount: $2218
  • On Market Date: 2025-01-21T00:00:00.000Z
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 $75,674 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$

You cover the entire equity of $75,674!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$144,326
Your Cash$75,674
Total Purchase Price:$220,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$665/mo
Traditional @ 7.15%
$1,114/mo
You save $449/month ($5,383/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6651433

Listing From: northstar

Last updated: 2025-04-08T16:47:03.000Z

© , 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

2.94%
7.15%

Principal & Interest

$665 /mo
$1,074 /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 $75,674 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$

You cover the entire equity of $75,674!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$144,326
Your Cash$75,674
Total Purchase Price:$220,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$665/mo
Traditional @ 7.15%
$1,114/mo
You save $449/month ($5,383/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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