Dan Kaercher

Dan Kaercher

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Closed

$550,000

($261,042 down)
VA

16450 Griffon Lane, Lakeville, MN 55044

4
3
3,296 sqft
PITI Monthly
$1,907.88 /mo

Listing courtesy of: , Bridge Realty, LLC

Assumed Rate

2.77%
7.15%

Principal & Interest

$1,295 /mo
$2,136 /mo

What's Special

SPACIOUS
GRANITE COUNTERTOPS
FIREPLACE
VAULTED CEILINGS
PATIO

This stunning four-level split-level home features fully finished interiors and is situated on a spacious corner lot, showcasing clean lines and attractive curb appeal. The main level boasts vaulted ceilings and an open floor plan, complemented by abundant natural light and a gas fireplace. A walkout leads to a beautifully designed backyard, featuring a 22x20 concrete stamped patio. The kitchen is a highlight, Chefs will love the open kitchen and custom cabinets equipped with granite countertops, a custom backsplash, gas stove, and under-counter LED lighting. Additionally, the windows are adorned with granite sills, enhancing the home’s elegance. On the upper level, you’ll find three bedrooms, including an owner's suite with an en-suite bath, along with an additional full bath. The third level offers a fourth bedroom, a three-quarter bath, and a spacious family room complete with a gas fireplace and lookout windows. The fourth level has been recently finished as a versatile bonus space, with the potential to easily add a fifth bedroom. This area features extensive recessed can lighting, spray foam insulation, and an insulated ceiling, providing a blank canvas for your personal touch. The ring system DOES NOT stay. Property has an invisible fence installed, and Heated 3 car garage with attic space, plus 10x20 shed that stays for additional storage space.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.77
Remaining Loan Term
25 years, 9 months
Monthly PITI
$1,907.88/mo
Estimated Loan Balance
$291,454
Cash to close
$261,042
Interest Paid
$35,513

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick/Stone, Vinyl Siding, Wood Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Family Room, Gas, Living Room, Stone
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Age 8 Years or Less, Asphalt
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, Vinyl Siding, Wood Siding
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 2000
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Lakeville

Financial Details

  • Price per Sqft: $166.87
  • Tax Annual Amount: $5358
  • On Market Date: 2024-10-15T00:00:00.000Z
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 $261,042 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$

You cover the entire equity of $261,042!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$288,958
Your Cash$261,042
Total Purchase Price:$550,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,295/mo
Traditional @ 7.5%
$2,216/mo
You save $921/month ($11,057/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6618344

Listing From: northstar

Last updated: 2024-11-04T15:17:02.000Z

© , 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

2.77%
7.15%

Principal & Interest

$1,295 /mo
$2,136 /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 $261,042 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$

You cover the entire equity of $261,042!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$288,958
Your Cash$261,042
Total Purchase Price:$550,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,295/mo
Traditional @ 7.5%
$2,216/mo
You save $921/month ($11,057/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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