Dan Kaercher

Dan Kaercher

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Closed

$179,900

($69,357 down)
FHA

116 N 8th Street, Montevideo, MN 56265

4
2
1,708 sqft
PITI Monthly
$932.1 /mo

Listing courtesy of: , Kuhlmann Real Estate, Inc.

Assumed Rate

2.74%
7.15%

Principal & Interest

$490 /mo
$812 /mo

What's Special

ENTERTAINMENT
SPACIOUS
MODERN
FIREPLACE
COZY

"Welcome to this 4 bedroom, 2 bathroom home situated on a rare double lot, providing ample space and endless possibilities for outdoor living and entertainment. There are two double-stall garages offering great parking and storage for your vehicles and toys. The spacious living areas feature new light fixtures, providing a bright and airy atmosphere. The newly installed shingles ensure that the home is protected from the elements and ready for years to come. The kitchen is equipped with modern appliances, including a stove and refrigerator that stay with the property. Perfect for entertaining or family gatherings, the lower level family room boasts a cozy gas fireplace, perfect for crisp winter evenings. This home is the perfect choice for anyone looking for extra storage and a large yard without breaking the bank.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.74
Remaining Loan Term
25 years, 11 months
Monthly PITI
$932.1/mo
Estimated Loan Balance
$55,627
Cash to close
$69,357
Interest Paid
$12,857

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Fiber Board
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age 8 Years or Less
Parking
  • Garage: Yes
  • Garage Spaces: 4
  • 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
  • Fiber Board
  • Roof: Age 8 Years or Less
Condition
  • Year Built: 1976
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Evans Park 2nd Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Montevideo

Financial Details

  • Price per Sqft: $105.33
  • Tax Annual Amount: $2478
  • On Market Date: 2024-05-21T00:00:00.000Z
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 $69,357 (39%)
You can enter any amount below - secondary financing will cover the difference if needed.
39%
$

You cover the entire equity of $69,357!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$110,543
Your Cash$69,357
Total Purchase Price:$179,900

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$490/mo
Traditional @ 7.5%
$843/mo
You save $352/month ($4,227/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6538494

Listing From: northstar

Last updated: 2024-09-23T17:26:02.000Z

© , 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

2.74%
7.15%

Principal & Interest

$490 /mo
$812 /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 $69,357 (39%)
You can enter any amount below - secondary financing will cover the difference if needed.
39%
$

You cover the entire equity of $69,357!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$110,543
Your Cash$69,357
Total Purchase Price:$179,900

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$490/mo
Traditional @ 7.5%
$843/mo
You save $352/month ($4,227/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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