Ari Jakobov

Ari Jakobov

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$349,900

($200,033 down)
FHA

1015 16th Street SW, Owatonna, MN 55060

6
2
2,145 sqft
PITI Monthly
$1,298.19 /mo

Listing courtesy of: , Berkshire Hathaway Advantage Real Estate

Assumed Rate

3.31%
7.15%

Principal & Interest

$732 /mo
$1,127 /mo

What's Special

SPACIOUS
STAINLESS STEEL APPLIANCES
FIREPLACE
DECK
PATIO
SPRINKLER SYSTEM
PLAYGROUND

This is for you if you're in the market for a dream family home. It offers everything you could want, including six bedrooms, with a spacious primary suite that can easily accommodate your king-size bed and recliners to relax by the electric fireplace. Just steps away, you'll find an updated kitchen with stainless steel appliances and a dinette with sliding glass doors that lead to a beautiful deck overlooking a stunning backyard, perfect for enjoying your favorite beverages. The living room is generously spacious, with a decorative lit wall and a contemporary electric fireplace, making it ideal for your large TV. The backyard is a child's paradise, featuring green turf and a drainage system, while an adult area boasts a lovely deck overlooking the playground and another large concrete patio. The entire yard is equipped with an inground sprinkler system. Additionally, the property includes an extra-large shed, an attached insulated, heated two-car garage, and an extra-large concrete driveway for your cars and toys. This home is a must-see to appreciate all it truly has to offer.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.31
Remaining Loan Term
25 years, 2 months
Monthly PITI
$1,298.19/mo
Estimated Loan Balance
$151,132
Cash to close
$200,033
Interest Paid
$25,400

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 6
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Electric, Living Room, Primary Bedroom
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
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
  • Vinyl Siding
  • Roof: Unknown
Condition
  • Year Built: 1971
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Parkview
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Owatonna

Financial Details

  • Price per Sqft: $163.12
  • Tax Annual Amount: $3576
  • On Market Date: 2025-04-10T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $200,033 (57%)
You can enter any amount below - secondary financing will cover the difference if needed.
57%
$

You cover the entire equity of $200,033!

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

Loan Breakdown

Assumed Mortgage3.31% Sellers Rate
$149,867
Your Cash:$200,033
Total Purchase Price:$349,900

Assumed vs Traditional Mortgage

Assumed @ 3.31%
$732/mo
Traditional @ 7.15%
$1,169/mo
You save $437/month ($5,250/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6700410

Listing From: northstar

Last updated: 2025-04-11T10:08:04.000Z

© , 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

3.31%
7.15%

Principal & Interest

$732 /mo
$1,127 /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 $200,033 (57%)
You can enter any amount below - secondary financing will cover the difference if needed.
57%
$

You cover the entire equity of $200,033!

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

Loan Breakdown

Assumed Mortgage3.31% Sellers Rate
$149,867
Your Cash:$200,033
Total Purchase Price:$349,900

Assumed vs Traditional Mortgage

Assumed @ 3.31%
$732/mo
Traditional @ 7.15%
$1,169/mo
You save $437/month ($5,250/year)

*Secondary financing rates are an estimated value based on input

Follow Us
eXp Realty
Agent/Broker
Ari JakoboveXp Realty(602) 500-9874ari@jakobovgroup.comMLS SA699624000

© 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 eXp 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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