Dan Kaercher

Dan Kaercher

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Closed

$209,000

($60,285 down)
VA

220 1st Street NW, Elk River, MN 55330

2
1
930 sqft
PITI Monthly
$1,169.94 /mo

Listing courtesy of: , eXp Realty

Assumed Rate

4.14%
7.15%

Principal & Interest

$801 /mo
$1,114 /mo

What's Special

LOCATION
DINING
PATIO
PRIVATE BACKYARD
CUL-DE-SAC
CONVENIENT LOCATION
CHARMING
NO HOA

Charming one-level living in a well-maintained twin home with no HOA! This home features 2 bedrooms, 1 bathroom, and an attached 2-car garage. Relax in the 3-season porch, overlooking your fully fenced, private backyard and patio. Nestled on a quiet cul-de-sac, this home offers a convenient location near downtown Elk River’s shops, dining, trails, parks, and more!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
4.14
Remaining Loan Term
24 years, 2 months
Monthly PITI
$1,169.94/mo
Estimated Loan Balance
$150,423
Cash to close
$60,285
Interest Paid
$37,755

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick/Stone, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Full, Wood
Roof
  • Roof: Asphalt
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: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Twin Home
  • Architectural Style: Unknown
Materials
  • Brick/Stone, Stucco
  • Roof: Asphalt
Condition
  • Year Built: 1988
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Vernon Estates
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Elk River

Financial Details

  • Price per Sqft: $224.73
  • Tax Annual Amount: $2626
  • On Market Date: 2024-08-26T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $60,285 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $60,285!

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

Loan Breakdown

Assumed Mortgage4.14% Sellers Rate
$148,715
Your Cash$60,285
Total Purchase Price:$209,000

Assumed vs Traditional Mortgage

Assumed @ 4.14%
$801/mo
Traditional @ 7.5%
$1,156/mo
You save $355/month ($4,258/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6581302

Listing From: northstar

Last updated: 2024-09-30T19:37:02.000Z

© , 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

4.14%
7.15%

Principal & Interest

$801 /mo
$1,114 /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 $60,285 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $60,285!

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

Loan Breakdown

Assumed Mortgage4.14% Sellers Rate
$148,715
Your Cash$60,285
Total Purchase Price:$209,000

Assumed vs Traditional Mortgage

Assumed @ 4.14%
$801/mo
Traditional @ 7.5%
$1,156/mo
You save $355/month ($4,258/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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