Dan Kaercher

Dan Kaercher

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$429,900

($114,110 down)
VA

1345 Lori Avenue, Detroit Lakes, MN 56501

4
3
3,496 sqft
PITI Monthly
$1,817.99 /mo

Listing courtesy of: , Jack Chivers Realty

Assumed Rate

3.08%
7.15%

Principal & Interest

$1,448 /mo
$2,296 /mo

What's Special

DECK
MATURE TREES

4+ bed, 2 bath, main level living, 2 laundry spaces, updates throughout, attached garage with a 21x18 workshop below, new roof in 2020, in floor heat and geothermal AC are just a few perks to this well maintained rambler. At nearly 3500 sq. ft. and sitting on a beautiful .6 acre lot there is ample amount of space to spread out. Nestled back on 2 cul de sacs in a well established neighborhood with mature trees you can unwind on your large deck over looking the Pelican River. There is so much more to this home than what can be listed here so grab your favorite agent and schedule a showing today!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.08
Remaining Loan Term
26 years, 1 months
Monthly PITI
$1,817.99/mo
Estimated Loan Balance
$162,580
Cash to close
$114,110
Interest Paid
$39,355

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air, Geothermal
  • Heating: Baseboard, Forced Air, Fireplace(s), Radiant Floor, Space Heater
Features
  • Materials: Brick/Stone, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, Living Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link, Partial
Roof
  • Roof: Age 8 Years or Less, 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: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Brick/Stone, Vinyl Siding
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 1992
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Pelican River Estate
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Detroit Lakes

Financial Details

  • Price per Sqft: $122.97
  • Tax Annual Amount: $2620
  • On Market Date: 2024-09-13T00:00:00.000Z
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 $114,110 (27%)
You can enter any amount below - secondary financing will cover the difference if needed.
27%
$

You cover the entire equity of $114,110!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$315,790
Your Cash$114,110
Total Purchase Price:$429,900

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$1,448/mo
Traditional @ 7.5%
$2,382/mo
You save $934/month ($11,206/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6600744

Listing From: northstar

Last updated: 2025-04-03T20:51:03.000Z

© , 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

3.08%
7.15%

Principal & Interest

$1,448 /mo
$2,296 /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 $114,110 (27%)
You can enter any amount below - secondary financing will cover the difference if needed.
27%
$

You cover the entire equity of $114,110!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$315,790
Your Cash$114,110
Total Purchase Price:$429,900

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$1,448/mo
Traditional @ 7.5%
$2,382/mo
You save $934/month ($11,206/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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