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$224,900

($70,971 down)
FHA

2626 Knox Avenue N, Minneapolis, MN 55411

4
1
1,743 sqft
PITI Monthly
$1,428.66 /mo

Listing courtesy of: , RE/MAX Results

Assumed Rate

4.44%
7.15%

Principal & Interest

$889 /mo
$1,194 /mo

What's Special

FRESH PAINT
DINING
SPACIOUS
MOVE-IN READY
FIREPLACE

Welcome to 2626 Knox Avenue in Minneapolis- a well-maintained 4-bedroom home with a fenced-in yard and a flexible layout across three levels. The home features fresh paint and new flooring on both the main and lower levels, offering a clean and updated feel throughout much of the home. The main level includes spacious living with a wood-burning fireplace, with space that could serve as a formal dining area. The separate dining room with a large built-in pantry sits just off the kitchen, offering added convenience and storage. Two bedrooms are located on the main level, with a large upper-level bedroom providing additional space and versatility. The lower level includes a sizable family room, an 11x11 bedroom, and a laundry area with washer and dryer. additional features include a high-efficiency furnace and a 2-stall garage. Conveniently located near parks, transit, and city amenities, this home is move-in ready with potential to personalize over time. Any offers will be reviewed on 4/21/2025.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.44
Remaining Loan Term
23 years, 0 months
Monthly PITI
$1,428.66/mo
Estimated Loan Balance
$165,885
Cash to close
$70,971
Interest Paid
$51,564

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Wood Burning
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link, Wood
Roof
  • Roof: Age Over 8 Years
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: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: Age Over 8 Years
Condition
  • Year Built: 1924
Details
  • Builder:

Community & HOA

Community
  • Subdivision: On The Heights An Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Minneapolis

Financial Details

  • Price per Sqft: $129.03
  • Tax Annual Amount: $3171
  • On Market Date: 2025-04-16T00:00:00.000Z
Inquire about this property

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Savings Calculator

Current cash to close is $70,971 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $70,971!

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

Loan Breakdown

Assumed Mortgage4.44% Sellers Rate
$153,929
Your Cash$70,971
Total Purchase Price:$224,900

Assumed vs Traditional Mortgage

Assumed @ 4.44%
$889/mo
Traditional @ 7.15%
$1,238/mo
You save $349/month ($4,188/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6705062

Listing From: northstar

Last updated: 2025-04-22T17:41:04.000Z

© , 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

4.44%
7.15%

Principal & Interest

$889 /mo
$1,194 /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 $70,971 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $70,971!

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

Loan Breakdown

Assumed Mortgage4.44% Sellers Rate
$153,929
Your Cash$70,971
Total Purchase Price:$224,900

Assumed vs Traditional Mortgage

Assumed @ 4.44%
$889/mo
Traditional @ 7.15%
$1,238/mo
You save $349/month ($4,188/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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