Dan Kaercher

Dan Kaercher

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Closed

$299,900

($68,904 down)
VA

2761 Red Oak Lane, Monticello, MN 55362

3
2
1,425 sqft
PITI Monthly
$1,435.96 /mo

Listing courtesy of: , Keller Williams Classic Rlty NW

Assumed Rate

2.89%
7.15%

Principal & Interest

$1,058 /mo
$1,720 /mo

What's Special

SERENE
MODERN
STAINLESS STEEL APPLIANCES
FIREPLACE
VAULTED CEILINGS
WALK-IN CLOSET
PATIO
PRIVATE BACKYARD
MATURE TREES
CHARMING

Charming Three-Level Split Home in Monticello This inviting three-bedroom, two-bathroom home is nestled among mature trees, offering both privacy and charm. The welcoming front porch leads into a beautifully updated space featuring vaulted ceilings and a modern kitchen with stainless steel appliances. The lower-level family room boasts updated LVP flooring, a wood-burning fireplace, and French-style sliding doors that open to a serene patio shaded by mature trees. The walk-out basement provides easy access to the private backyard, which includes a large storage shed. The primary bedroom features a walk-in closet and direct access to the updated full bath. Recent improvements include a brand-new furnace and a new roof (installed Fall 2024). Located in Monticello, this home offers comfort and style in a peaceful neighborhood. Don't miss this opportunity!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.89
Remaining Loan Term
25 years, 8 months
Monthly PITI
$1,435.96/mo
Estimated Loan Balance
$232,993
Cash to close
$68,904
Interest Paid
$30,407

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Fireplace(s)
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Family Room, Wood Burning
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Age 8 Years or Less
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: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Age 8 Years or Less
Condition
  • Year Built: 1987
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Meadow Oak 3rd Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Monticello

Financial Details

  • Price per Sqft: $210.46
  • Tax Annual Amount: $2730
  • On Market Date: 2025-02-06T00:00:00.000Z
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 $68,904 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $68,904!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$230,996
Your Cash$68,904
Total Purchase Price:$299,900

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,058/mo
Traditional @ 7.5%
$1,784/mo
You save $725/month ($8,705/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6653055

Listing From: northstar

Last updated: 2025-03-27T16:53:03.000Z

© , 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

2.89%
7.15%

Principal & Interest

$1,058 /mo
$1,720 /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 $68,904 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $68,904!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$230,996
Your Cash$68,904
Total Purchase Price:$299,900

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,058/mo
Traditional @ 7.5%
$1,784/mo
You save $725/month ($8,705/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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