This home was just updated in 2023-2024 with highlights including new siding on house & garage, new roof on house & garage, new 2nd floor bathroom, new water heater, new furnace, new windows throughout, new paint & carpeting upstairs.
Home has an appraised market value (excluding the land) of $205,000, but is being sold $65,000 below market value to income qualified buyers. Additional down payment assistance of up to $15,000 available through the Greater Minnesota Housing Fund to qualified buyers based on need, which could lower the mortgage amount to $125,000.
Buyer’s gross annual income cannot exceed the following (household size in parenthesis): $50,600 (1); $57,800 (2); $65,050 (3); $72,250 (4); $78,050 (5); $83,850 (6) $89,600 (7) $95,400 (8).