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$415,000

($87,940 down)
FHA

2225 Woodland Avenue, Duluth, MN 55803

4
2
2,653 sqft
PITI Monthly
$2,843.35 /mo

Listing courtesy of: , Edina Realty, Inc. - Duluth

Assumed Rate

6.43%
7.15%

Principal & Interest

$2,095 /mo
$2,255 /mo

What's Special

LOCATION
SHOPPING
DINING
SPACIOUS
HARDWOOD FLOORS
FIREPLACE
FINISHED BASEMENT
PATIO
COZY

Welcome to this well-maintained 4 bedroom, 2 bath ranch that blends comfort, practicality, and thoughtful updates throughout. Step into a welcoming entryway, ideal for coats and everyday items, and enjoy the warmth of hardwood floors that extend into the spacious dining area. The kitchen is outfitted with brand new appliances including induction stove top with built in air fryer, generous counter space, and a bonus tabletop, perfect for casual dining or extra seating. The adjacent living room offers plenty of room to relax, featuring a classic brick fireplace and a new patio door that fills the space with natural light. Three comfortable bedrooms and a full bath complete the main level, providing a functional layout for everyday living. Downstairs, the finished basement expands your options with a large fourth bedroom, a second full bathroom, and a versatile rec room, ideal for entertaining, working from home, or even creating a separate living space. A former storage closet has been cleverly transformed into a bright and cozy craft room, and the spacious laundry area includes a new washer and dryer. Outside, the fully fenced backyard is ready to enjoy with a private patio, a brand-new gazebo, and a storage shed, included in the sale of the home. Conveniently located near college campuses, Bluestone shopping and dining, grocery stores, and just steps from a bus stop, this home offers space, updates, and a location that’s hard to beat.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.43
Remaining Loan Term
28 years, 3 months
Monthly PITI
$2,843.35/mo
Estimated Loan Balance
$328,076
Cash to close
$87,940
Interest Paid
$37,209

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Fireplace(s)
Features
  • Materials: Brick/Stone, Wood Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Family Room, Wood Burning
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link, Partial, Privacy, Wood
Roof
  • Roof: Age 8 Years or Less, Asphalt
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
  • Brick/Stone, Wood Siding
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 1956
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Gilbert Rear Lts 1 2 3 4 5 6 2 2nd Glen
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Duluth

Financial Details

  • Price per Sqft: $156.43
  • Tax Annual Amount: $5347
  • On Market Date: 2025-05-01T00:00:00.000Z
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 $87,940 (21%)
You can enter any amount below - secondary financing will cover the difference if needed.
21%
$

You cover the entire equity of $87,940!

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

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$327,060
Your Cash$87,940
Total Purchase Price:$415,000

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$2,095/mo
Traditional @ 7.15%
$2,339/mo
You save $244/month ($2,929/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6712585

Listing From: northstar

Last updated: 2025-05-02T10:08:05.000Z

© , 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

6.43%
7.15%

Principal & Interest

$2,095 /mo
$2,255 /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 $87,940 (21%)
You can enter any amount below - secondary financing will cover the difference if needed.
21%
$

You cover the entire equity of $87,940!

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

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$327,060
Your Cash$87,940
Total Purchase Price:$415,000

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$2,095/mo
Traditional @ 7.15%
$2,339/mo
You save $244/month ($2,929/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Exit Realty
Agent/Broker
Jeff KlemmerExit Realty(651) 600-7997assumptions@exitspringside.comMLS #40195899

© 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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