Joanie DiMatteo-Godsey

Joanie DiMatteo-Godsey

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Coming Soon

$599,900

($379,165 down)
FHA

5904 Elliot Avenue, Minneapolis, MN 55417

3
3
2,543 sqft
PITI Monthly
$2,206.75 /mo

Listing courtesy of: , Coldwell Banker Realty

Assumed Rate

3.75%
7.15%

Principal & Interest

$1,305 /mo
$1,903 /mo

What's Special

MINUTES AWAY
SPACIOUS
MODERN
GRANITE COUNTERTOPS
FIREPLACE
HOME OFFICE
WET BAR
PATIO
COZY

Welcome Home to 5904 Elliot Ave – Where Classic Charm Meets Modern Comfort Nestled in the highly sought-after Diamond Lake Neighborhood, this timeless brick 1.5-story home exudes warmth, character, and modern elegance. From the moment you step inside, the oak floors and abundant natural light create a welcoming ambiance that feels like home. At the heart of the main level, the beautifully updated kitchen is a chef’s delight, featuring granite countertops, crisp white cabinetry, a stunning glass subway tile backsplash, and sleek stainless-steel appliances—the perfect space for morning coffee or hosting intimate gatherings. The adjacent three-season porch invites you to unwind with a book, sip a glass of wine, or simply take in the changing seasons. Upstairs, retreat to your private primary suite, a sunlit sanctuary with a gorgeous ensuite full bath, where relaxation comes easy. The newly finished lower level is designed for entertaining and cozy nights in, boasting a spacious family/amusement room with a gas fireplace and wet bar, plus a dedicated home office and a stylish ¾ bath. Step outside to a fenced-in backyard oasis, complete with two patio spaces—perfect for summer BBQs, bonfires, or just enjoying a quiet evening under the stars. The two-car garage offers convenient access with separate stall doors for added functionality. Beyond the doorstep, you’re just a stroll away from neighborhood favorites like Heather’s restaurant, Todd Park, and Kowalski’s, while Target and freeway access are just minutes away for ultimate convenience. Experience the perfect balance of vintage charm and thoughtful updates in this move-in-ready gem. Welcome home!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.75
Remaining Loan Term
20 years, 1 months
Monthly PITI
$2,206.75/mo
Estimated Loan Balance
$509,796
Cash to close
$379,165
Interest Paid
$94,237

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air, Ductless Mini-Split, Wall Unit(s)
  • Heating: Forced Air
Features
  • Materials: Brick/Stone
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Family Room, Gas, Living Room, Stone, Wood Burning
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Full, Privacy, Wood
Roof
  • Roof: Age 8 Years or Less, 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: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Brick/Stone
  • Roof: Age 8 Years or Less, Pitched
Condition
  • Year Built: 1940
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Diamond Lake Terrace
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Minneapolis

Financial Details

  • Price per Sqft: $235.9
  • Tax Annual Amount: $6425
  • On Market Date: 2025-04-04T00:00:00.000Z
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 $379,165 (63%)
You can enter any amount below - secondary financing will cover the difference if needed.
63%
$

You cover the entire equity of $379,165!

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

Loan Breakdown

Assumed Mortgage3.75% Sellers Rate
$220,735
Your Cash:$379,165
Total Purchase Price:$599,900

Assumed vs Traditional Mortgage

Assumed @ 3.75%
$1,305/mo
Traditional @ 7.5%
$1,974/mo
You save $669/month ($8,030/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6688929

Listing From: northstar

Last updated: 2025-04-04T21:32:03.000Z

© , 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

3.75%
7.15%

Principal & Interest

$1,305 /mo
$1,903 /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 $379,165 (63%)
You can enter any amount below - secondary financing will cover the difference if needed.
63%
$

You cover the entire equity of $379,165!

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

Loan Breakdown

Assumed Mortgage3.75% Sellers Rate
$220,735
Your Cash:$379,165
Total Purchase Price:$599,900

Assumed vs Traditional Mortgage

Assumed @ 3.75%
$1,305/mo
Traditional @ 7.5%
$1,974/mo
You save $669/month ($8,030/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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