Cheryl Riley

Cheryl Riley

Property SearchContact
primary-1
primary-2primary-3
Closed

$389,000

($49,186 down)
FHA

3449 Snelling Avenue, Minneapolis, MN 55406

N/A
N/A
2,216 sqft
PITI Monthly
$2,435.84 /mo

Listing courtesy of: , Beycome Brokerage Realty LLC

Assumed Rate

3.08%
7.15%

Principal & Interest

$1,581 /mo
$2,507 /mo

What's Special

INVESTORS
SPACIOUS
MOVE-IN READY
MODERN
RENOVATED
HARDWOOD FLOORS
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
EFFICIENT

Step into this beautifully renovated up/down duplex in the heart of Longfellow and discover the blend of classic charm and modern upgrades. Each spacious unit features 3 bedrooms, 1 bath, original hardwood floors, and updated kitchens with granite countertops and stainless steel appliances. The main floor unit is currently vacant and move-in ready, creating a unique opportunity for investors or owner-occupants looking for flexibility. Recent improvements include a new roof (2023), new furnaces with central AC added (2022/2023), gutters (2022), and 10 energy-efficient windows throughout. Located near vibrant local shops, cafes, and parks—this is Minneapolis living at its best.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.08
Remaining Loan Term
26 years, 1 months
Monthly PITI
$2,435.84/mo
Estimated Loan Balance
$341,929
Cash to close
$49,186
Interest Paid
$42,961

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: Unknown
  • Heating: Forced Air
Features
  • Materials: Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link
Roof
  • Roof: Age 8 Years or Less, Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • 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: Duplex Up and Down
  • Architectural Style: Unknown
Materials
  • Wood Siding
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 1900
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Palmers Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Minneapolis

Financial Details

  • Price per Sqft: $175.54
  • Tax Annual Amount: $5305
  • On Market Date: 2025-04-11T00:00:00.000Z
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 $49,186 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $49,186!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$339,814
Your Cash$49,186
Total Purchase Price:$389,000

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$1,581/mo
Traditional @ 7.15%
$2,600/mo
You save $1,019/month ($12,233/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6701617

Listing From: northstar

Last updated: 2025-04-11T15:18:03.000Z

© , 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

3.08%
7.15%

Principal & Interest

$1,581 /mo
$2,507 /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 $49,186 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $49,186!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$339,814
Your Cash$49,186
Total Purchase Price:$389,000

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$1,581/mo
Traditional @ 7.15%
$2,600/mo
You save $1,019/month ($12,233/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.

equal-housing

American Allstar Realty © is committed to and abides by the Fair Housing Act of Equal Opportunity.