Dan Kaercher

Dan Kaercher

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Closed

$429,900

($142,999 down)
FHA

150 Mallard Lane, Loretto, MN 55357

5
3
3,049 sqft
PITI Monthly
$2,220.46 /mo

Listing courtesy of: , Coldwell Banker Realty

Assumed Rate

2.98%
7.15%

Principal & Interest

$1,293 /mo
$2,076 /mo

What's Special

ENTERTAINMENT
GRANITE COUNTERTOPS
WALK-IN CLOSET
WET BAR
DECK
PATIO
CUL-DE-SAC

Sprawling one-level-living on a quiet cul-de-sac with a pond view!! Make your home in the cute town of Loretto, close to the city, yet peaceful countryside surroundings. Sit on the back deck to admire the pond & butterfly gardens blooming all summer long! Inside you'll find large rooms & wide open space! Updated kitchen with granite countertops & breakfast bar, main floor laundry room, large entryway & 3 beds all on the main level! The primary bedroom suite includes an updated bathroom & walk-in closet. The lower level boasts a HUGE entertainment / great room, including a wet bar and 3 huge closets! The lower level walks out to the lush backyard and patio space! 2 more large bedrooms on this level & an updated 3/4 bath! Newer roof & HVAC means no worries & just move right in and enjoy your new home!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.98
Remaining Loan Term
26 years, 5 months
Monthly PITI
$2,220.46/mo
Estimated Loan Balance
$297,013
Cash to close
$142,999
Interest Paid
$31,595

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Engineered Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Gas, Living Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link, Full
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: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Engineered Wood
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 1994
Details
  • Builder:

Community & HOA

Community
  • Subdivision: The Ponds At Loretto
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Loretto

Financial Details

  • Price per Sqft: $141
  • Tax Annual Amount: $6721
  • On Market Date: 2024-10-10T00:00:00.000Z
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 $142,999 (33%)
You can enter any amount below - secondary financing will cover the difference if needed.
33%
$

You cover the entire equity of $142,999!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$286,901
Your Cash$142,999
Total Purchase Price:$429,900

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,293/mo
Traditional @ 7.5%
$2,154/mo
You save $861/month ($10,330/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6615677

Listing From: northstar

Last updated: 2025-02-10T15:00:02.000Z

© , 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

2.98%
7.15%

Principal & Interest

$1,293 /mo
$2,076 /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 $142,999 (33%)
You can enter any amount below - secondary financing will cover the difference if needed.
33%
$

You cover the entire equity of $142,999!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$286,901
Your Cash$142,999
Total Purchase Price:$429,900

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,293/mo
Traditional @ 7.5%
$2,154/mo
You save $861/month ($10,330/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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