Dan Kaercher

Dan Kaercher

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Closed

$175,000

($147,270 down)
FHA

112 4th Street SW, Pine Island, MN 55963

3
2
2,066 sqft
PITI Monthly
$913.62 /mo

Listing courtesy of: , Property Brokers of Minnesota

Assumed Rate

3.62%
7.15%

Principal & Interest

$440 /mo
$554 /mo

What's Special

SPACIOUS
DECK
HISTORIC
CHARMING
COZY

Charming, vintage Pine Island home with plenty of potential! This cozy property features an updated kitchen while maintaining classic touches throughout. The main floor offers a spacious layout with a bedroom, full bath (where laundry is conveniently located), a living room, family room, and an eat-in kitchen. Upstairs, you’ll find two additional bedrooms and a 3/4 bathroom. The home has classic wood siding that’s been painted, though it could use a refresh. The exterior includes a front porch for enjoying morning coffee and a rear deck that’s perfect for evening relaxation. Located on a corner lot, this property also offers a detached one-car garage and extra off-street parking. Ideal for those looking to personalize a historic home, this property provides a solid foundation and excellent potential with a few updates!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.62
Remaining Loan Term
5 years, 5 months
Monthly PITI
$913.62/mo
Estimated Loan Balance
$49,448
Cash to close
$147,270
Interest Paid
$15,493

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Asphalt, Rubber
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • 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
  • Wood Siding
  • Roof: Asphalt, Rubber
Condition
  • Year Built: 1894
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Pine Island

Financial Details

  • Price per Sqft: $84.7
  • Tax Annual Amount: $3364
  • On Market Date: 2024-10-31T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $147,270 (84%)
You can enter any amount below - secondary financing will cover the difference if needed.
84%
$

You cover the entire equity of $147,270!

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

Loan Breakdown

Assumed Mortgage3.62% Sellers Rate
$27,730
Your Cash:$147,270
Total Purchase Price:$175,000

Assumed vs Traditional Mortgage

Assumed @ 3.62%
$440/mo
Traditional @ 7.5%
$567/mo
You save $127/month ($1,519/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6625784

Listing From: northstar

Last updated: 2024-12-23T18:14:02.000Z

© , 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

3.62%
7.15%

Principal & Interest

$440 /mo
$554 /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 $147,270 (84%)
You can enter any amount below - secondary financing will cover the difference if needed.
84%
$

You cover the entire equity of $147,270!

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

Loan Breakdown

Assumed Mortgage3.62% Sellers Rate
$27,730
Your Cash:$147,270
Total Purchase Price:$175,000

Assumed vs Traditional Mortgage

Assumed @ 3.62%
$440/mo
Traditional @ 7.5%
$567/mo
You save $127/month ($1,519/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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