Dan Kaercher

Dan Kaercher

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$574,900

($316,045 down)
FHA

1523 Sparrow Road, Waconia, MN 55387

5
4
4,172 sqft
PITI Monthly
$2,695.9 /mo

Listing courtesy of: , Coldwell Banker Realty

Assumed Rate

3.5%
7.15%

Principal & Interest

$1,668 /mo
$2,508 /mo

What's Special

PATIO
PRIVATE BACKYARD
LANDSCAPED
TENNIS COURTS
PLAYGROUND

Wonderful walkout rambler in the high demand Oakpointe Neighborhood. This home has a main floor owner’s suite with steam shower. Large kitchen with plenty of room to have family dinners or for entertaining. There is a great private Bedroom, Bath and Rec room up. Lower level has large family room and 3 bedrooms. The 5th bedroom is currently being used as an exercise area. There is an oversized heated triple garage. Lower level walks out to a huge custom patio with a hot tub and professionally landscaped yard. The private backyard backs up to a city park with a playground, Basketball, Pickleball and Tennis Courts.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.5
Remaining Loan Term
17 years, 3 months
Monthly PITI
$2,695.9/mo
Estimated Loan Balance
$267,835
Cash to close
$316,045
Interest Paid
$142,636

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Metal Siding, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age Over 8 Years
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: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Metal Siding, Vinyl Siding
  • Roof: Age Over 8 Years
Condition
  • Year Built: 2007
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Oakpointe 2nd Add
  • Features: None
HOA
  • Has HOA: Yes
  • HOA Name: Oakpointe HOA
  • HOA Amenities: Unknown
  • HOA Fee: $120
  • HOA Frequency: $Annually
Location
  • Region: Waconia

Financial Details

  • Price per Sqft: $137.8
  • Tax Annual Amount: $7184
  • On Market Date: 2025-03-27T00:00:00.000Z
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 $316,045 (55%)
You can enter any amount below - secondary financing will cover the difference if needed.
55%
$

You cover the entire equity of $316,045!

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

Loan Breakdown

Assumed Mortgage3.5% Sellers Rate
$258,855
Your Cash:$316,045
Total Purchase Price:$574,900

Assumed vs Traditional Mortgage

Assumed @ 3.5%
$1,668/mo
Traditional @ 7.5%
$2,602/mo
You save $934/month ($11,209/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6679758

Listing From: northstar

Last updated: 2025-03-31T17:24:03.000Z

© , 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

3.5%
7.15%

Principal & Interest

$1,668 /mo
$2,508 /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 $316,045 (55%)
You can enter any amount below - secondary financing will cover the difference if needed.
55%
$

You cover the entire equity of $316,045!

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

Loan Breakdown

Assumed Mortgage3.5% Sellers Rate
$258,855
Your Cash:$316,045
Total Purchase Price:$574,900

Assumed vs Traditional Mortgage

Assumed @ 3.5%
$1,668/mo
Traditional @ 7.5%
$2,602/mo
You save $934/month ($11,209/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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