Dan Kaercher

Dan Kaercher

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Closed

$714,999

($214,363 down)
VA

1 Park Place, Cloquet, MN 55720

9
7
6,600 sqft
PITI Monthly
$3,462.88 /mo

Listing courtesy of: , Edina Realty, Inc. - Duluth

Assumed Rate

3.04%
7.15%

Principal & Interest

$2,314 /mo
$3,688 /mo

What's Special

DINING
MODERN
WET BAR
DECK
HISTORIC
COZY
MOTIVATED SELLER

MOTIVATED SELLERS! Exceptional Colonial Revival built in 1920 to accommodate timber baron, F. Weyerhauser. Located in Cloquet’s West End Historic District, this 9 bed, 7 bath, 6600 sq ft home is superbly maintained w/ modern amenities that don’t sacrifice its original character. Situated on 4.4 acres w/ a park-like lawn & beautiful perennial gardens. Large spaces for entertaining & cozy rooms for family moments. Enjoy a brand-new, custom chef’s kitchen w/ a butler’s pantry, hickory cabinets, quartz countertops, top-of-the-line smart appliances, & more. A grand foyer is flanked by formal living & dining rooms. A library, sunroom, wet bar, and bonus room/laundry. 2nd level has 6 beds including the primary, all w/ ample storage & baths. The 3rd level has 3 beds & an updated bath. Multiple decks & a whimsical treehouse. Perfect for growing families, multi-gen living, or exploring new business opportunities, this striking home comes partially furnished w/ an assumable 2.99% interest rate.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.04
Remaining Loan Term
25 years, 7 months
Monthly PITI
$3,462.88/mo
Estimated Loan Balance
$502,719
Cash to close
$214,363
Interest Paid
$69,913

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 9
  • Bathrooms: 7
Cooling & Heating
  • Cooling: Central Air
  • Heating: Baseboard, Boiler, Fireplace(s), Hot Water
Features
  • Materials: Wood Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Living Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link
Roof
  • Roof: 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
  • Wood Siding
  • Roof: Asphalt
Condition
  • Year Built: 1920
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Potlatch West
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Cloquet

Financial Details

  • Price per Sqft: $108.33
  • Tax Annual Amount: $11191
  • On Market Date: 2024-04-09T00:00:00.000Z
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 $214,363 (30%)
You can enter any amount below - secondary financing will cover the difference if needed.
30%
$

You cover the entire equity of $214,363!

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

Loan Breakdown

Assumed Mortgage3.04% Sellers Rate
$500,636
Your Cash$214,363
Total Purchase Price:$714,999

Assumed vs Traditional Mortgage

Assumed @ 3.04%
$2,314/mo
Traditional @ 7.5%
$3,825/mo
You save $1,511/month ($18,136/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6512733

Listing From: northstar

Last updated: 2024-11-08T16:39:02.000Z

© , 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

3.04%
7.15%

Principal & Interest

$2,314 /mo
$3,688 /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 $214,363 (30%)
You can enter any amount below - secondary financing will cover the difference if needed.
30%
$

You cover the entire equity of $214,363!

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

Loan Breakdown

Assumed Mortgage3.04% Sellers Rate
$500,636
Your Cash$214,363
Total Purchase Price:$714,999

Assumed vs Traditional Mortgage

Assumed @ 3.04%
$2,314/mo
Traditional @ 7.5%
$3,825/mo
You save $1,511/month ($18,136/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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