Dan Kaercher

Dan Kaercher

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Pending

$899,000

($366,479 down)
VA

250 3rd Street, Excelsior, MN 55331

4
3
2,300 sqft
PITI Monthly
$3,661.83 /mo

Listing courtesy of: , The Landschute Group,Inc.

Assumed Rate

3.18%
7.15%

Principal & Interest

$2,537 /mo
$3,972 /mo

What's Special

REMODELED
LOCATION
MODERN
CHARMING
TURNKEY

Welcome to this charming, turnkey home in the heart of the Excelsior village. Just a short walk to all the activity on Water Street and the shores of Lake Minnetonka you'll love the central location and all of the recent updates. Enjoy being perched above 3rd Street with the LRT trail right in your backyard with the areas best restaurants just steps away. The open main level floor plan offers flexible, modern living with the inviting character of a vintage farmhouse. The home was significantly remodeled a few years ago with designer touches throughout along with beautiful outdoor spaces, landscaping, newer Hardi board siding and low maintenance windows. Come enjoy this property in time for summer! Adding an attached garage to the home is a possibility. Minnetonka schools, Excelsior Elementary, and boat wait-list through the City.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.18
Remaining Loan Term
25 years, 7 months
Monthly PITI
$3,661.83/mo
Estimated Loan Balance
$601,321
Cash to close
$366,479
Interest Paid
$78,862

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Fiber Cement
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age 8 Years or Less, Architectural Shingle, Asphalt
Parking
  • Garage: No
  • Garage Spaces: 0
  • 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
  • Fiber Cement
  • Roof: Age 8 Years or Less, Architectural Shingle, Asphalt
Condition
  • Year Built: 1900
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Auditors Sub 135
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Excelsior

Financial Details

  • Price per Sqft: $390.87
  • Tax Annual Amount: $10898
  • On Market Date: 2025-03-10T00:00:00.000Z
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 $366,479 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$

You cover the entire equity of $366,479!

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

Loan Breakdown

Assumed Mortgage3.18% Sellers Rate
$532,521
Your Cash$366,479
Total Purchase Price:$899,000

Assumed vs Traditional Mortgage

Assumed @ 3.18%
$2,537/mo
Traditional @ 7.5%
$4,120/mo
You save $1,583/month ($18,999/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6682178

Listing From: northstar

Last updated: 2025-03-20T14:52:03.000Z

© , 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

3.18%
7.15%

Principal & Interest

$2,537 /mo
$3,972 /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 $366,479 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$

You cover the entire equity of $366,479!

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

Loan Breakdown

Assumed Mortgage3.18% Sellers Rate
$532,521
Your Cash$366,479
Total Purchase Price:$899,000

Assumed vs Traditional Mortgage

Assumed @ 3.18%
$2,537/mo
Traditional @ 7.5%
$4,120/mo
You save $1,583/month ($18,999/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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