Dan Kaercher

Dan Kaercher

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Pending

$690,000

($301,253 down)
VA

1463 Echo Ridge Street SW, Rochester, MN 55902

5
3
3,350 sqft
PITI Monthly
$2,503.13 /mo

Listing courtesy of: , Edina Realty, Inc.

Assumed Rate

2.89%
7.15%

Principal & Interest

$1,733 /mo
$2,816 /mo

What's Special

SPACIOUS
MODERN
GRANITE COUNTERTOPS
THEATER ROOM
DECK
IRRIGATION SYSTEM

This stunning 5-bedroom, 3-bath walk-out ranch has main floor living with 3 bedrooms on the main level. Step into the spacious living area, perfect for entertaining, and prepare meals with ease in the modern kitchen featuring an induction cooktop and granite countertops. The primary suite boasts heated floors in the bathroom, ensuring warmth and comfort year-round. In the basement, movie nights will never be the same in your private theater room. Outside, the composite deck is ideal for relaxing or gatherings, and the irrigation system keeps your lawn lush and green. Practical features include a heated garage and an additional cement pad for extra parking. The home is equipped with central vac, making cleaning a breeze. Recent updates like new James Hardie siding and a new roof provide peace of mind and enhance the home's curb appeal. Additionally, this home comes with an assumable mortgage, offering financial flexibility. Don't miss out on this exceptional property!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.89
Remaining Loan Term
26 years, 4 months
Monthly PITI
$2,503.13/mo
Estimated Loan Balance
$390,335
Cash to close
$301,253
Interest Paid
$42,462

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick/Stone, Fiber Cement
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age 8 Years or Less, Architectural Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • 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
  • Brick/Stone, Fiber Cement
  • Roof: Age 8 Years or Less, Architectural Shingle
Condition
  • Year Built: 2010
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Echo Ridge
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Rochester

Financial Details

  • Price per Sqft: $205.97
  • Tax Annual Amount: $7652
  • On Market Date: 2024-06-24T00:00:00.000Z
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 $301,253 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $301,253!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$388,747
Your Cash$301,253
Total Purchase Price:$690,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,733/mo
Traditional @ 7.5%
$2,921/mo
You save $1,188/month ($14,253/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6558634

Listing From: northstar

Last updated: 2025-03-12T21:19:03.000Z

© , 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

2.89%
7.15%

Principal & Interest

$1,733 /mo
$2,816 /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 $301,253 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $301,253!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$388,747
Your Cash$301,253
Total Purchase Price:$690,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,733/mo
Traditional @ 7.5%
$2,921/mo
You save $1,188/month ($14,253/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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