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$199,900

($103,105 down)
FHA

3759 Morgan Avenue N, Minneapolis, MN 55412

2
1
1,671 sqft
PITI Monthly
$958.37 /mo

Listing courtesy of: , RE/MAX Results

Assumed Rate

3.23%
7.15%

Principal & Interest

$469 /mo
$729 /mo

What's Special

OPEN CONCEPT
SHOPPING
DINING
SPACIOUS
FINISHED BASEMENT
HOME OFFICE
PATIO
FENCED YARD
CHARMING

Charming 1.5 Story home located on a large corner lot offers 2 Bedrooms and 1 bath and a partially finished basement. Walking inside you will notice a large entry way that is open to a very large Livingroom which walks into the spacious diningroom, the flow of the layout gives an open concept feel. The kitchen features updated cabinets and a practical layout. Upstairs, a large finished attic adds loads of extra living space—ideal for a playroom, creative studio, or home office. Downstairs, the finished lower-level room includes a built-in bar and extra space for recreation, plus generous storage and a laundry area. Outside, enjoy a fully fenced yard with a patio, a metal storage shed, and a detached 2-car garage. Located just across from Folwell Park and minutes from downtown Minneapolis, this home offers convenient access to schools, shopping, and easy highway access. A perfect opportunity to add personal touches and enjoy city living with extra space to spread out!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.23
Remaining Loan Term
25 years, 2 months
Monthly PITI
$958.37/mo
Estimated Loan Balance
$97,416
Cash to close
$103,105
Interest Paid
$16,020

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link, Full
Roof
  • Roof: Unknown
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: Unknown
Condition
  • Year Built: 1923
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Joseph Lowrys Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Minneapolis

Financial Details

  • Price per Sqft: $119.63
  • Tax Annual Amount: $3159
  • On Market Date: 2025-04-20T00:00:00.000Z
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 $103,105 (52%)
You can enter any amount below - secondary financing will cover the difference if needed.
52%
$

You cover the entire equity of $103,105!

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

Loan Breakdown

Assumed Mortgage3.23% Sellers Rate
$96,795
Your Cash:$103,105
Total Purchase Price:$199,900

Assumed vs Traditional Mortgage

Assumed @ 3.23%
$469/mo
Traditional @ 7.15%
$756/mo
You save $288/month ($3,452/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6680049

Listing From: northstar

Last updated: 2025-04-27T03:25:03.000Z

© , 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

3.23%
7.15%

Principal & Interest

$469 /mo
$729 /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 $103,105 (52%)
You can enter any amount below - secondary financing will cover the difference if needed.
52%
$

You cover the entire equity of $103,105!

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

Loan Breakdown

Assumed Mortgage3.23% Sellers Rate
$96,795
Your Cash:$103,105
Total Purchase Price:$199,900

Assumed vs Traditional Mortgage

Assumed @ 3.23%
$469/mo
Traditional @ 7.15%
$756/mo
You save $288/month ($3,452/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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