Cheryl Riley

Cheryl Riley

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$449,000

($273,941 down)
FHA

32248 Laplant Road, Grand Rapids, MN 55744

4
4
2,820 sqft
PITI Monthly
$1,315.17 /mo

Listing courtesy of: , RE/MAX Advantage Plus

Assumed Rate

2.89%
7.15%

Principal & Interest

$807 /mo
$1,312 /mo

What's Special

SPACIOUS
MODERN
DECK
CHARMING

Dreaming of a home that has it all? Welcome! This beautifully updated home offers thoughtfully designed living space on 1.7 acres of land with an expansive wraparound deck. This exceptional property features 4 spacious bedrooms, office, multiple baths & the perfect blend of charm & functionality. Unique finishing touches throughout add a special touch, while the large family room & lower-level kitchenette/bar provide perfect entertaining space for all occasions. The detached oversized 2-stall garage includes half bath, storage & bonus room. The bonus room offers extra space for guests or an office and added convenience for work or hobbies. Love the outdoors? Enjoy the expansive private yard, complete with charming chicken coop & stunning flower garden bursting with lilies & other vibrant blooms. Additional highlights include compliant septic system, ample storage, lower level laundry and short drive to town. Experience peaceful living with modern comforts in this remarkable home!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.89
Remaining Loan Term
25 years, 8 months
Monthly PITI
$1,315.17/mo
Estimated Loan Balance
$95,921
Cash to close
$273,941
Interest Paid
$23,195

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
Cooling & Heating
  • Cooling: None
  • Heating: Baseboard, Boiler, Fireplace(s), Hot Water, Radiant Floor
Features
  • Materials: Cedar
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Free Standing, Gas, Living Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Age 8 Years or Less, Asphalt, Pitched
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Holding Tank, Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
  • Water Source: Drilled, Private, Well
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Cedar
  • Roof: Age 8 Years or Less, Asphalt, Pitched
Condition
  • Year Built: 1952
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Grand Rapids

Financial Details

  • Price per Sqft: $159.22
  • Tax Annual Amount: $2642
  • On Market Date: 2025-04-09T00:00:00.000Z
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 $273,941 (61%)
You can enter any amount below - secondary financing will cover the difference if needed.
61%
$

You cover the entire equity of $273,941!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$175,059
Your Cash:$273,941
Total Purchase Price:$449,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$807/mo
Traditional @ 7.15%
$1,361/mo
You save $553/month ($6,640/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6698856

Listing From: northstar

Last updated: 2025-04-14T14:23:03.000Z

© , 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

2.89%
7.15%

Principal & Interest

$807 /mo
$1,312 /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 $273,941 (61%)
You can enter any amount below - secondary financing will cover the difference if needed.
61%
$

You cover the entire equity of $273,941!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$175,059
Your Cash:$273,941
Total Purchase Price:$449,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$807/mo
Traditional @ 7.15%
$1,361/mo
You save $553/month ($6,640/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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