$259,900
($33,450 down)1326 Loring Avenue, Detroit Lakes, MN 56501
PITI Monthly
Listing courtesy of: , Re/Max Lakes Region
Assumed Rate
6.9%
7.15%Principal & Interest
$1,520 /mo
$1,558 /moWhat's Special
This charming and spacious 4-bedroom, 2-bathroom home is located in the heart of Detroit Lakes. Floor to ceiling windows in living room, formal dining room with alcove kitchen, two bedrooms and full bathroom on main floor. Two more spacious bedrooms and a half bathroom upstairs. Tap into the potential of the lower level: family room, large laundry room with a shower, workshop room, and tons of storage. Enjoy a fenced backyard and the convenience of being close to the city beach, schools, parks, and everything DL has to offer!
Assumption Snapshot
Type of Loan
FHA
Interest Rate
6.9
Remaining Loan Term
27 years, 8 months
Monthly PITI
$2,052.61/mo
Estimated Loan Balance
$229,569
Cash to close
$33,450
Interest Paid
$36,709
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
Cooling & Heating
- Cooling: Central Air
- Heating: Forced Air, Fireplace(s)
Features
- Materials: Steel Siding
- Community: Unknown
- Has Fireplace: Yes
- Fireplace Features: Living Room
- Flooring: Unknown
Exterior
Fencing
- Fencing: Unknown
Roof
- Roof: Asphalt
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
- Steel Siding
- Roof: Asphalt
Condition
- Year Built: 1959
Details
- Builder:
Community & HOA
Community
- Subdivision: Long Acres 4th Add
- Features: None
HOA
- Has HOA: No
Location
- Region: Detroit Lakes
Financial Details
- Price per Sqft: $94.41
- Tax Annual Amount: $2634
- On Market Date: 2024-09-26T00:00:00.000Z
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You cover the entire equity of $33,450!
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Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: NST6608978
Listing From: northstar
Last updated: 2024-12-02T20:38:02.000Z
© , 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
6.9%
7.15%Principal & Interest
$1,520 /mo
$1,558 /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 $33,450!
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
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