Joanie DiMatteo-Godsey

Joanie DiMatteo-Godsey

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Coming Soon

$260,000

($229,029 down)
FHA

1121 Division Street E, Faribault, MN 55021

3
2
1,617 sqft
PITI Monthly
$608.59 /mo

Listing courtesy of: , Edina Realty, Inc.

Assumed Rate

5.38%
7.15%

Principal & Interest

$243 /mo
$293 /mo

What's Special

LOCATION
SERENE
DINING
SPACIOUS
MOVE-IN READY
CHARMING

Welcome to this delightful home, where charm and comfort meet in a warm, inviting atmosphere. The natural color palette throughout creates a peaceful, cohesive space that will make you feel right at home. Situated on a lovely corner lot in a well-established neighborhood, this property offers a fantastic combination of indoor and outdoor living. The expansive yard provides ample space for gardening, entertaining, or simply unwinding in a serene setting. Enjoy the convenience of a walkout lower level, which offers a family room—ideal for family gatherings, movie nights, or casual hangouts. Additionally, the large laundry room provides plenty of storage and functionality. The generously sized bedrooms offer plenty of room for rest and relaxation. For nature enthusiasts, the River Bend Nature Center is just a short walk away, allowing you to explore the beauty of the outdoors. Inside, the main level boasts a sun-filled living room, a functional kitchen and dining area, and a spacious primary bedroom along with a full bath. With its fantastic layout and move-in ready condition, this home truly has it all. It seamlessly blends comfort, space, and a prime location, making it the ideal place to create lasting memories. Don't miss the opportunity to make this charming property your new home.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.38
Remaining Loan Term
15 years, 9 months
Monthly PITI
$608.59/mo
Estimated Loan Balance
$31,790
Cash to close
$229,029
Interest Paid
$29,151

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age Over 8 Years
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: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Wood Siding
  • Roof: Age Over 8 Years
Condition
  • Year Built: 1971
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Brands Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Faribault

Financial Details

  • Price per Sqft: $160.79
  • Tax Annual Amount: $2214
  • On Market Date: 2025-04-04T00:00:00.000Z
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 $229,029 (88%)
You can enter any amount below - secondary financing will cover the difference if needed.
88%
$

You cover the entire equity of $229,029!

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

Loan Breakdown

Assumed Mortgage5.38% Sellers Rate
$30,971
Your Cash:$229,029
Total Purchase Price:$260,000

Assumed vs Traditional Mortgage

Assumed @ 5.38%
$243/mo
Traditional @ 7.5%
$304/mo
You save $61/month ($731/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6694588

Listing From: northstar

Last updated: 2025-04-04T16:58:04.000Z

© , 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

5.38%
7.15%

Principal & Interest

$243 /mo
$293 /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 $229,029 (88%)
You can enter any amount below - secondary financing will cover the difference if needed.
88%
$

You cover the entire equity of $229,029!

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

Loan Breakdown

Assumed Mortgage5.38% Sellers Rate
$30,971
Your Cash:$229,029
Total Purchase Price:$260,000

Assumed vs Traditional Mortgage

Assumed @ 5.38%
$243/mo
Traditional @ 7.5%
$304/mo
You save $61/month ($731/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Compass
Agent/Broker
Joanie DiMatteo-GodseyCompass(480) 457-0340joanie@azhomesbyjoanie.comMLS

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