Dan Kaercher

Dan Kaercher

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Closed

$249,000

($37,036 down)
FHA

1128 N 5th Street, Mankato, MN 56001

3
3
1,200 sqft
PITI Monthly
$1,828.92 /mo

Listing courtesy of: , True Real Estate

Assumed Rate

6.43%
7.15%

Principal & Interest

$1,349 /mo
$1,452 /mo

What's Special

MODERN
HARDWOOD FLOORS
DECK
CHARMING
EFFICIENT

Step into this charming corner lot home, where every detail has been thoughtfully crafted to create a warm and inviting atmosphere. From the moment you enter, the unique character shines through, with stunning porcelain tile flooring that beautifully mimics reclaimed wood. Unwind in the exquisite main floor 3/4 bath, featuring a luxurious walk-in tiled shower. The bright upper level boasts three cheerful bedrooms with refinished hardwood floors, washer/dryer hookups, and a magnificent full bath with a whirlpool tub—perfect for relaxation. Imagine sipping morning coffee on the sunny front porch, surrounded by all-new windows that invite natural light. The home has undergone impressive upgrades, including durable siding with a 50-year warranty, a long-lasting roof, modern plumbing, and energy-efficient LED lighting. The expansive 12 x 20 deck is ideal for entertaining, while the new 23 x 25 garage, with 11-foot ceilings, provides ample space for hobbies or projects. The well-insulated garage is ready for your workshop dreams, complete with 100 amp service for a welder, in-floor heating, and a heated water line running from the house. A window air conditioning unit ensures comfort year-round in the garage. The backyard features a storage fully fenced in yard for privacy, creating your own personal oasis. The basement, with its newly poured concrete floor, includes a half bath and plumbing for an additional shower, offering versatility for guests or leisure activities. With modern stainless-steel appliances and new central air conditioning installed in 2022, this home is designed for effortless living. Conveniently located just three blocks from Franklin School and close to Tourtellotte Park, this home offers a vibrant community and a lifestyle filled with conveniences. Don’t miss your chance to experience the joy of living here—move in and make it your own!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.43
Remaining Loan Term
28 years, 4 months
Monthly PITI
$1,828.92/mo
Estimated Loan Balance
$220,474
Cash to close
$37,036
Interest Paid
$22,837

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air, Window Unit(s)
  • Heating: Forced Air
Features
  • Materials: Other
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Full
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
  • Other
  • Roof: Asphalt
Condition
  • Year Built: 1919
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Waite & Roelofsons Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Mankato

Financial Details

  • Price per Sqft: $207.5
  • Tax Annual Amount: $2128
  • On Market Date: 2024-09-30T00:00:00.000Z
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 $37,036 (15%)
You can enter any amount below - secondary financing will cover the difference if needed.
15%
$

You cover the entire equity of $37,036!

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

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$211,964
Your Cash$37,036
Total Purchase Price:$249,000

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$1,349/mo
Traditional @ 7.5%
$1,506/mo
You save $157/month ($1,887/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6567556

Listing From: northstar

Last updated: 2024-10-04T19:42:03.000Z

© , 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

6.43%
7.15%

Principal & Interest

$1,349 /mo
$1,452 /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 $37,036 (15%)
You can enter any amount below - secondary financing will cover the difference if needed.
15%
$

You cover the entire equity of $37,036!

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

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$211,964
Your Cash$37,036
Total Purchase Price:$249,000

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$1,349/mo
Traditional @ 7.5%
$1,506/mo
You save $157/month ($1,887/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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