Gino Zabala

Gino Zabala

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$350,000

($111,802 down)
VA

5265 Upper 183rd Street W, Farmington, MN 55024

3
2
1,456 sqft
PITI Monthly
$1,147.49 /mo

Listing courtesy of: , Real Broker, LLC

Assumed Rate

2.27%
7.15%

Principal & Interest

$997 /mo
$1,758 /mo

What's Special

DINING
MODERN
STAINLESS STEEL APPLIANCES
FIREPLACE
COZY

Welcome to this well maintained 3-bed, 2-bath home in the heart of Farmington, MN! Inside, you'll find a warm and inviting atmosphere, featuring a cozy lower-level family room with rich knotty wood finishes and a stunning river stone wood-burning fireplace, perfect for chilly Minnesota nights. The updated 3/4 bath downstairs boasts a stylish tiled shower, adding modern convenience. The kitchen is functional, equipped with a pantry and stainless steel appliances. Step outside to a fully fenced backyard, fire pit, and a relaxing hot tub with privacy fence, perfect for unwinding or entertaining guests. Additional upgrades include a new roof (2024), gutters (2020), a new 200amp electrical panel (2022), smart thermostat, camera doorbell, and a smart garage door opener. Located in a wonderful community with numerous parks, and trails, this home is close to local shops, and dining establishments. With a quick closing possible, this home is ready for its next owners to move in and enjoy. Don’t miss out—schedule your showing today!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.27
Remaining Loan Term
26 years, 6 months
Monthly PITI
$1,147.49/mo
Estimated Loan Balance
$239,833
Cash to close
$111,802
Interest Paid
$19,834

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Vinyl Siding, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room, Stone, Wood Burning
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link, Full, Wood
Roof
  • Roof: Age 8 Years or Less, Asphalt
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
  • Vinyl Siding, Wood Siding
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 1988
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Farmington

Financial Details

  • Price per Sqft: $240.38
  • Tax Annual Amount: $0
  • 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 $111,802 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $111,802!

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

Loan Breakdown

Assumed Mortgage2.27% Sellers Rate
$238,198
Your Cash$111,802
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 2.27%
$997/mo
Traditional @ 7.5%
$1,823/mo
You save $826/month ($9,910/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6691702

Listing From: northstar

Last updated: 2025-04-05T02:39:04.000Z

© , 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

2.27%
7.15%

Principal & Interest

$997 /mo
$1,758 /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 $111,802 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $111,802!

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

Loan Breakdown

Assumed Mortgage2.27% Sellers Rate
$238,198
Your Cash$111,802
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 2.27%
$997/mo
Traditional @ 7.5%
$1,823/mo
You save $826/month ($9,910/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Real Brokerage
Agent/Broker
Gino ZabalaReal Brokerage(623) 552-1225ginozabalarealestate@gmail.comMLS SA712685000

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