$375,000
($95,953 down)1557 Summit Shores Vista, Burnsville, MN 55306
PITI Monthly
Listing courtesy of: , Keller Williams Select Realty
Assumed Rate
3.31%
7.15%Principal & Interest
$1,363 /mo
$2,099 /moWhat's Special
2.9% Assumable Loan! An amazing value for a potential 4 Bedroom unit in a great neighborhood with an abundance of restaurants, shopping and revitalization along County Rd 42 just a minute away! Right out your door is the Earley Lake Trail system, just a minute stroll to trailhead from the neighborhood(see additional photos). Walkout unfinished lower gives way to future bedroom and bathroom and adds significant square footage to the home. As soon as you walk in you notice a grand feel with 2 story vaulted ceiling. Primary suite features vaulted ceiling and a separate jetted tub/shower and large walk-in closet. Upper level loft makes a great flex space and could be a 3rd bedroom if desired.
Assumption Snapshot
Type of Loan
VA
Interest Rate
3.31
Remaining Loan Term
25 years, 2 months
Monthly PITI
$1,891.71/mo
Estimated Loan Balance
$280,817
Cash to close
$95,953
Interest Paid
$47,294
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 3
Cooling & Heating
- Cooling: Central Air
- Heating: Forced Air, Fireplace(s)
Features
- Materials: Brick/Stone, Vinyl Siding
- Community: Unknown
- Has Fireplace: Yes
- Fireplace Features: Gas, Living Room
- Flooring: Unknown
Exterior
Fencing
- Fencing: None
Roof
- Roof: Unknown
Parking
- Garage: Yes
- Garage Spaces: 2
- Carport: No
- Carport Spaces:
Water
- Sewer: City Sewer - In Street
- Water Source: City Water/Connected, City Water - In Street
Pool
- Has Pool: No
- Pool Features: None
Construction
Type & Style
- Stories:
- Home type: Townhouse Side x Side
- Architectural Style: Unknown
Materials
- Brick/Stone, Vinyl Siding
- Roof: Unknown
Condition
- Year Built: 2003
Details
- Builder:
Community & HOA
Community
- Subdivision: Summit Shores 5th
- Features: None
HOA
- Has HOA: Yes
- HOA Name: First Service Residential
- HOA Amenities: Unknown
- HOA Fee: $423
- HOA Frequency: $Monthly
Location
- Region: Burnsville
Financial Details
- Price per Sqft: $200.43
- Tax Annual Amount: $4546
- On Market Date: 2025-04-28T00:00:00.000Z
Inquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
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You cover the entire equity of $95,953!
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Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: NST6711290
Listing From: northstar
Last updated: 2025-05-02T10:09:03.000Z
© , 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
3.31%
7.15%Principal & Interest
$1,363 /mo
$2,099 /moInquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $95,953!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
Follow Us
Agent/Broker
Jeff KlemmerExit Realty(651) 600-7997assumptions@exitspringside.comMLS #40195899Resources
Apply to Assume© 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 Exit 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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