Dan Kaercher

Dan Kaercher

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Closed

$269,000

($119,883 down)
FHA

137 4th Avenue, Spicer, MN 56288

4
2
1,829 sqft
PITI Monthly
$1,183.23 /mo

Listing courtesy of: , Weichert REALTORS Tower Properties

Assumed Rate

2.94%
7.15%

Principal & Interest

$690 /mo
$1,114 /mo

What's Special

FINISHED BASEMENT
CHARMING

Charming 4 bedroom, 2 full bath home located just a few blocks from downtown Spicer, MN. This well-maintained property features 3 bedrooms on the main level, perfect for easy living. Enjoy the convenience of an oversized, heated 2-car attached garage, ideal for Minnesota winters. The fourth bedroom is located in the finished basement. Situated on a corner lot, enjoy easy access to the local library and the scenic Glacial Lakes Trail system. This home is perfect for those seeking a comfortable and convenient lifestyle in the heart of Spicer. Close proximity to lake access.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.94
Remaining Loan Term
25 years, 7 months
Monthly PITI
$1,183.23/mo
Estimated Loan Balance
$149,441
Cash to close
$119,883
Interest Paid
$20,413

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: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • 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
  • Fiber Board
  • Roof: Unknown
Condition
  • Year Built: 1980
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Spicers First Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Spicer

Financial Details

  • Price per Sqft: $147.07
  • Tax Annual Amount: $2715
  • On Market Date: 2025-02-20T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $119,883 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $119,883!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$149,117
Your Cash$119,883
Total Purchase Price:$269,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$690/mo
Traditional @ 7.5%
$1,156/mo
You save $466/month ($5,586/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6673266

Listing From: northstar

Last updated: 2025-03-06T22:04:03.000Z

© , 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

2.94%
7.15%

Principal & Interest

$690 /mo
$1,114 /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 $119,883 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $119,883!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$149,117
Your Cash$119,883
Total Purchase Price:$269,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$690/mo
Traditional @ 7.5%
$1,156/mo
You save $466/month ($5,586/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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