Dan Kaercher

Dan Kaercher

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Closed

$375,000

($224,326 down)
FHA

1100 Oak Street, Red Wing, MN 55066

4
2
2,617 sqft
PITI Monthly
$1,584.8 /mo

Listing courtesy of: , Keller Williams Preferred Realty

Assumed Rate

3.75%
7.15%

Principal & Interest

$967 /mo
$1,410 /mo

What's Special

LOCATION
SPACIOUS
FIREPLACE
PATIO
CHARMING
COZY

Welcome to this incredibly charming home, brimming with character and nestled in a prime location! The main level boasts a gorgeous, bright four-season porch complete with a cozy fireplace—a perfect space to unwind year-round. Another fireplace warms the inviting family room, while the kitchen features beautiful custom cabinetry and hard-surface countertops, blending style with functionality. Upstairs, you'll find three spacious bedrooms and an absolutely stunning walk-through 3/4 bath, complete with a skylight and walk-in shower. Outside, a large, partially fenced backyard awaits, ideal for entertaining, with a charming patio and an impressive pergola—perfect for gathering with friends and family. This fantastic location is ideal for enjoying Fourth of July fireworks. Truly, this is a must-see home!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.75
Remaining Loan Term
17 years, 5 months
Monthly PITI
$1,584.8/mo
Estimated Loan Balance
$228,989
Cash to close
$224,326
Interest Paid
$85,418

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Window Unit(s)
  • Heating: Hot Water, Radiant
Features
  • Materials: Steel Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, Living Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Partial, Wood
Roof
  • Roof: Asphalt, Pitched
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, Pitched
Condition
  • Year Built: 1890
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Red Wing

Financial Details

  • Price per Sqft: $143.29
  • Tax Annual Amount: $3844
  • On Market Date: 2024-10-22T00:00:00.000Z
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 $224,326 (60%)
You can enter any amount below - secondary financing will cover the difference if needed.
60%
$

You cover the entire equity of $224,326!

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

Loan Breakdown

Assumed Mortgage3.75% Sellers Rate
$150,674
Your Cash:$224,326
Total Purchase Price:$375,000

Assumed vs Traditional Mortgage

Assumed @ 3.75%
$967/mo
Traditional @ 7.5%
$1,462/mo
You save $496/month ($5,948/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6627330

Listing From: northstar

Last updated: 2025-04-02T16:34:03.000Z

© , 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

3.75%
7.15%

Principal & Interest

$967 /mo
$1,410 /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 $224,326 (60%)
You can enter any amount below - secondary financing will cover the difference if needed.
60%
$

You cover the entire equity of $224,326!

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

Loan Breakdown

Assumed Mortgage3.75% Sellers Rate
$150,674
Your Cash:$224,326
Total Purchase Price:$375,000

Assumed vs Traditional Mortgage

Assumed @ 3.75%
$967/mo
Traditional @ 7.5%
$1,462/mo
You save $496/month ($5,948/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home Sold Guaranteed Realty
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000

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