Dan Kaercher

Dan Kaercher

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$254,900

($25,877 down)
FHA

291 Eagle Lake Road N, Big Lake, MN 55309

2
1
1,200 sqft
PITI Monthly
$1,966.82 /mo

Listing courtesy of: , Real Broker, LLC

Assumed Rate

6.11%
7.15%

Principal & Interest

$1,430 /mo
$1,592 /mo

What's Special

DINING
SPACIOUS
MODERN
DECK
HISTORIC
CHARMING

Charming 1 1/2 Story century home in the heart of Big Lake! Recently updated, this home blends historic charm with modern amenities. An inviting front porch to enjoy the sunrise with your morning coffee! A functional attached entryway connects the home to the spacious garage, offering easy access & additional storage. A modernized Kitchen features a breakfast bar, perfect for casual dining. Main floor laundry adds practicality. A deck, perfect for grilling, overlooks an expansive backyard, peppered with matures trees, already partially fenced & awaiting your future outdoor plan! The spacious upstairs bedroom provides the potential for a tranquil retreat with it's adorable dormer windows & generous closet. Recent updates provide peace of mind & enhanced curb appeal including a new furnace & central air in 2022 & a new roof in 2024. A blend of small-town charm & convenient access makes this an excellent and rare opportunity for first-time buyers to build equity in a growing community.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.11
Remaining Loan Term
27 years, 8 months
Monthly PITI
$1,966.82/mo
Estimated Loan Balance
$240,913
Cash to close
$25,877
Interest Paid
$33,134

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Age 8 Years or Less, 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: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 1920
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $212.42
  • Tax Annual Amount: $2644
  • On Market Date: 2025-03-06T00:00:00.000Z
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 $25,877 (10%)
You can enter any amount below - secondary financing will cover the difference if needed.
10%
$

You cover the entire equity of $25,877!

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

Loan Breakdown

Assumed Mortgage6.11% Sellers Rate
$229,023
Your Cash$25,877
Total Purchase Price:$254,900

Assumed vs Traditional Mortgage

Assumed @ 6.11%
$1,430/mo
Traditional @ 7.5%
$1,651/mo
You save $221/month ($2,657/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6680060

Listing From: northstar

Last updated: 2025-04-02T00:30:04.000Z

© , 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

6.11%
7.15%

Principal & Interest

$1,430 /mo
$1,592 /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 $25,877 (10%)
You can enter any amount below - secondary financing will cover the difference if needed.
10%
$

You cover the entire equity of $25,877!

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

Loan Breakdown

Assumed Mortgage6.11% Sellers Rate
$229,023
Your Cash$25,877
Total Purchase Price:$254,900

Assumed vs Traditional Mortgage

Assumed @ 6.11%
$1,430/mo
Traditional @ 7.5%
$1,651/mo
You save $221/month ($2,657/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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