$539,000
($287,953 down)16952 Island Terrace, Lakeville, MN 55044
PITI Monthly
Listing courtesy of: , RE/MAX Results
Assumed Rate
3.06%
7.15%Principal & Interest
$1,160 /mo
$1,845 /moWhat's Special
This home is a must see! Lovingly cared for with many nice updates. Newer A/C and Furnace, new glass french doors in kitchen, exterior recently painted and some interior too. Stainless steel appliances with an open kitchen concept make this home perfect for entertaining. Roof is less than 6 years old and recently stamped concrete edging with newer drain tiles upgraded to the landscape. Irrigation system completely updated and in great working condition to keep your lawn green and beautiful all summer. Generous entry way that opens up to a stunning dining room. 4 bedrooms and 4 baths, updated kitchen, and fantastic entertaining spaces inside and out. This home won’t disappoint.
Assumption Snapshot
Type of Loan
VA
Interest Rate
3.06
Remaining Loan Term
26 years, 3 months
Monthly PITI
$1,763.09/mo
Estimated Loan Balance
$253,114
Cash to close
$287,953
Interest Paid
$30,127
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
Cooling & Heating
- Cooling: Central Air
- Heating: Forced Air
Features
- Materials: Wood Siding
- Community: Unknown
- Has Fireplace: Yes
- Fireplace Features: Family Room, Gas
- Flooring: Unknown
Exterior
Fencing
- Fencing: None
Roof
- Roof: Asphalt
Parking
- Garage: Yes
- Garage Spaces: 3
- 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
- Wood Siding
- Roof: Asphalt
Condition
- Year Built: 1991
Details
- Builder:
Community & HOA
Community
- Subdivision: Lunwood North 3rd Addn
- Features: None
HOA
- Has HOA: No
Location
- Region: Lakeville
Financial Details
- Price per Sqft: $154
- Tax Annual Amount: $5232
- On Market Date: 2025-04-21T00:00:00.000Z
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You cover the entire equity of $287,953!
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Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: NST6705096
Listing From: northstar
Last updated: 2025-04-25T17:56:03.000Z
© , 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
3.06%
7.15%Principal & Interest
$1,160 /mo
$1,845 /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 $287,953!
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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