Cheryl Riley

Cheryl Riley

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$350,000

($105,147 down)
FHA

6044 Iris Lane, Rockford, MN 55373

2
2
1,276 sqft
PITI Monthly
$1,867.59 /mo

Listing courtesy of: , RE/MAX Results

Assumed Rate

3.47%
7.15%

Principal & Interest

$1,217 /mo
$1,837 /mo

What's Special

SERENE
STAINLESS STEEL APPLIANCES
VAULTED CEILINGS

Welcome to this beautifully designed villa that showcases quality craftsmanship and thoughtful upgrades throughout. Backing to tranquil wetlands, this home offers serene views and a peaceful backdrop for everyday living. Vaulted ceilings and large windows create a bright, open feel where main living spaces flow seamlessly. The kitchen impresses with a center island, stainless steel appliances, pretty backsplash and Quartz countertops. The primary ensuite is a true retreat, complete with a tray vaulted ceiling and a spa-like bath featuring tile floors, a double sink vanity, and a stunning walk-in shower. Main level laundry offers convenience. The unfinished lower level offers plenty of light with daylight windows and a unique opportunity to add your personal touch; finish it for additional living space or don't and enjoy generous storage—the choice is yours. An oversized two car garage gives you plenty of extra room to store your stuff. Sidewalks throughout, in and out of the neighborhood are your key to miles of walks. Three parks are nearby as is Lake Rebecca Park Reserve. This home is the perfect blend of comfort, quality, and convenience—with nature right in your backyard.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.47
Remaining Loan Term
25 years, 2 months
Monthly PITI
$1,867.59/mo
Estimated Loan Balance
$245,360
Cash to close
$105,147
Interest Paid
$43,444

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick/Stone, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age Over 8 Years, Asphalt, Pitched
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: Townhouse Detached
  • Architectural Style: Unknown
Materials
  • Brick/Stone, Vinyl Siding
  • Roof: Age Over 8 Years, Asphalt, Pitched
Condition
  • Year Built: 2019
Details
  • Builder:

Community & HOA

Community
  • Subdivision: The Meadows Of Rockford
  • Features: None
HOA
  • Has HOA: Yes
  • HOA Name: HOA Assist
  • HOA Amenities: Unknown
  • HOA Fee: $240
  • HOA Frequency: $Monthly
Location
  • Region: Rockford

Financial Details

  • Price per Sqft: $274.29
  • Tax Annual Amount: $3698
  • 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 $105,147 (30%)
You can enter any amount below - secondary financing will cover the difference if needed.
30%
$

You cover the entire equity of $105,147!

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

Loan Breakdown

Assumed Mortgage3.47% Sellers Rate
$244,853
Your Cash$105,147
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 3.47%
$1,217/mo
Traditional @ 7.15%
$1,905/mo
You save $689/month ($8,264/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6697599

Listing From: northstar

Last updated: 2025-04-12T10:14:07.000Z

© , 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

3.47%
7.15%

Principal & Interest

$1,217 /mo
$1,837 /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 $105,147 (30%)
You can enter any amount below - secondary financing will cover the difference if needed.
30%
$

You cover the entire equity of $105,147!

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

Loan Breakdown

Assumed Mortgage3.47% Sellers Rate
$244,853
Your Cash$105,147
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 3.47%
$1,217/mo
Traditional @ 7.15%
$1,905/mo
You save $689/month ($8,264/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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