Dan Kaercher

Dan Kaercher

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Closed

$335,000

($198,480 down)
FHA

18708 Traverse Lane, Big Lake, MN 55309

3
2
1,807 sqft
PITI Monthly
$1,748.87 /mo

Listing courtesy of: , Keller Williams Classic Rlty NW

Assumed Rate

5%
7.15%

Principal & Interest

$1,100 /mo
$1,384 /mo

What's Special

REMODELED
MODERN
DECK

Discover your dream home, Entertain or relax on the expansive 2-tier deck, ideal for summer barbecues, and morning coffee. Say goodbye to cold mornings with the convenience of a heated garage, ensuring your vehicles are ready to go no matter the weather. Additional storage not a problem with a dedicated shed, perfect for tools, outdoor equipment, and ample storage in crawl space. Need boat or RV parking no problem here. The heart of the home features a beautifully updated kitchen with modern appliances, and plenty of cabinet space, ideal for cooking and entertaining. Remodeled bathrooms, featuring contemporary fixtures and finishes that offer a spa-like retreat.Located near two lovely parks, this home offers convenience and leisure. Don't miss out on this fantastic opportunity!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5
Remaining Loan Term
14 years, 0 months
Monthly PITI
$1,748.87/mo
Estimated Loan Balance
$192,613
Cash to close
$198,480
Interest Paid
$139,045

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick/Stone
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Age 8 Years or Less, Asphalt, Pitched
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: Above Ground, Heated, Outdoor Pool

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Brick/Stone
  • Roof: Age 8 Years or Less, Asphalt, Pitched
Condition
  • Year Built: 2005
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Meadows Of Big Lake
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Big Lake

Financial Details

  • Price per Sqft: $185.39
  • Tax Annual Amount: $4240
  • On Market Date: 2024-07-31T00:00:00.000Z
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 $198,480 (59%)
You can enter any amount below - secondary financing will cover the difference if needed.
59%
$

You cover the entire equity of $198,480!

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

Loan Breakdown

Assumed Mortgage5% Sellers Rate
$136,520
Your Cash:$198,480
Total Purchase Price:$335,000

Assumed vs Traditional Mortgage

Assumed @ 5%
$1,100/mo
Traditional @ 7.5%
$1,436/mo
You save $336/month ($4,028/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6576935

Listing From: northstar

Last updated: 2024-08-17T11:13:02.000Z

© , 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

5%
7.15%

Principal & Interest

$1,100 /mo
$1,384 /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 $198,480 (59%)
You can enter any amount below - secondary financing will cover the difference if needed.
59%
$

You cover the entire equity of $198,480!

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

Loan Breakdown

Assumed Mortgage5% Sellers Rate
$136,520
Your Cash:$198,480
Total Purchase Price:$335,000

Assumed vs Traditional Mortgage

Assumed @ 5%
$1,100/mo
Traditional @ 7.5%
$1,436/mo
You save $336/month ($4,028/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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