Dan Kaercher

Dan Kaercher

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Closed

$385,000

($42,913 down)
FHA

1421 W Morgan Street, Duluth, MN 55811

1
2
1,199 sqft
PITI Monthly
$3,184.91 /mo

Listing courtesy of: , RE/MAX Results - Duluth (Main)

Assumed Rate

7.44%
7.15%

Principal & Interest

$2,389 /mo
$2,321 /mo

What's Special

ENTERTAINMENT
SPACIOUS
MOVE-IN READY
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
WALK-IN CLOSET
SOAKING TUB
SEPARATE SHOWER

WELCOME TO NEW BEGININGS - where you'll be captivated by the exquisite finishes throughout this main-level living home. The large basement offers endless opportunities to create a space that is uniquely yours. As you pull into the driveway, you'll immediately feel at home. The inviting front covered porch, accented with rustic barn woold, and elegant stone steps leading into the entrance set the stage for what awaits inside. Step through the door to discover a wide-open floor plan featuring soaring ceilings, abundant natural light from the large windows, and a chef's kitchen that will impress any culinary enthusiast. The kitchen boasts stainless steel appliances, granite countertops, a tile backsplash, and a large eat-in island with extra cabinet space. The primary suite is a true retreat, complete with a luxurious soaking tube, separate shower, and a spacious walk-in closet that conveniently adjoins the laundry room. As an added bonus, the oversized four-car garage is versatile enough to double as an entertainment area, perfect for any occasion. Situated on 1.7 acres within city limits, this property offers the best of both worlds. A spacious yard with city conveniences. With a new septic system installed in July that will accommodate three bedrooms, this home is move-in ready. Call today for your private showing and experience this stunning property for yourself.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.44
Remaining Loan Term
28 years, 11 months
Monthly PITI
$3,184.91/mo
Estimated Loan Balance
$343,142
Cash to close
$42,913
Interest Paid
$27,571

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 4
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Private Sewer
  • 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
  • Vinyl Siding
  • Roof: Asphalt
Condition
  • Year Built: 1955
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Century Acres
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Duluth

Financial Details

  • Price per Sqft: $321.1
  • Tax Annual Amount: $4832
  • On Market Date: 2024-08-16T00:00:00.000Z
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 $42,913 (11%)
You can enter any amount below - secondary financing will cover the difference if needed.
11%
$

You cover the entire equity of $42,913!

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

Loan Breakdown

Assumed Mortgage7.44% Sellers Rate
$342,087
Your Cash$42,913
Total Purchase Price:$385,000

Assumed vs Traditional Mortgage

Assumed @ 7.44%
$2,389/mo
Traditional @ 7.5%
$2,408/mo
You save $19/month ($226/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6588594

Listing From: northstar

Last updated: 2024-11-18T21:27:02.000Z

© , 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

7.44%
7.15%

Principal & Interest

$2,389 /mo
$2,321 /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 $42,913 (11%)
You can enter any amount below - secondary financing will cover the difference if needed.
11%
$

You cover the entire equity of $42,913!

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

Loan Breakdown

Assumed Mortgage7.44% Sellers Rate
$342,087
Your Cash$42,913
Total Purchase Price:$385,000

Assumed vs Traditional Mortgage

Assumed @ 7.44%
$2,389/mo
Traditional @ 7.5%
$2,408/mo
You save $19/month ($226/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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