Dan Kaercher

Dan Kaercher

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Closed

$290,000

($201,337 down)
FHA

1521 W River Street, Monticello, MN 55362

3
2
2,160 sqft
PITI Monthly
$1,064.04 /mo

Listing courtesy of: , Oak Realty LLP

Assumed Rate

3.88%
7.15%

Principal & Interest

$584 /mo
$839 /mo

What's Special

SPACIOUS
DECK
QUIET NEIGHBORHOOD

Welcome to this great property located in a quiet neighborhood in Monticello. This property gives you the opportunity to enjoy all that Monticello has to offer. This includes the Mighty Mississippi, numerous eating establishments, great school system, parks, golf and much more. The home is ready for your creativity and a little sweat equity to make it your dream home. This three bedroom two bath house will provide you a property to raise your family and enjoy life. The attached double garage offers a great area to park your vehicles and provides for plenty of addition storage. The lower level is very large and and ready for your creativity as there is room for almost any any accessory you could think of. There is a spacious laundry room on lower level with recently new washer and dryer. The newer forced air furnace will provide you with piece of mind through long winters and just needs an A-coil and condenser for air conditioning. there is also baseboard heating units in each room to supplement forced air system . A lower level hobby room could be converted to a bedroom with addition of an egress access. The deck in the back yard does need some work, but is a great opportunity to create memories.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.88
Remaining Loan Term
16 years, 10 months
Monthly PITI
$1,064.04/mo
Estimated Loan Balance
$92,446
Cash to close
$201,337
Interest Paid
$54,701

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Forced Air
Features
  • Materials: Metal Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Family Room, Gas
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age 8 Years or Less, Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer/Connected, City Sewer - In Street
  • Water Source: City Water/Connected, City Water - In Street
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Metal Siding
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 1976
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Ritze Manor
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Monticello

Financial Details

  • Price per Sqft: $134.26
  • Tax Annual Amount: $2902
  • On Market Date: 2024-07-17T00:00:00.000Z
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 $201,337 (69%)
You can enter any amount below - secondary financing will cover the difference if needed.
69%
$

You cover the entire equity of $201,337!

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

Loan Breakdown

Assumed Mortgage3.88% Sellers Rate
$88,663
Your Cash:$201,337
Total Purchase Price:$290,000

Assumed vs Traditional Mortgage

Assumed @ 3.88%
$584/mo
Traditional @ 7.5%
$870/mo
You save $286/month ($3,428/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6568278

Listing From: northstar

Last updated: 2024-09-23T15:48:02.000Z

© , 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

3.88%
7.15%

Principal & Interest

$584 /mo
$839 /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 $201,337 (69%)
You can enter any amount below - secondary financing will cover the difference if needed.
69%
$

You cover the entire equity of $201,337!

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

Loan Breakdown

Assumed Mortgage3.88% Sellers Rate
$88,663
Your Cash:$201,337
Total Purchase Price:$290,000

Assumed vs Traditional Mortgage

Assumed @ 3.88%
$584/mo
Traditional @ 7.5%
$870/mo
You save $286/month ($3,428/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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