Dan Kaercher

Dan Kaercher

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$259,900

($45,902 down)
FHA

301 1st Avenue, Wanamingo, MN 55983

3
2
1,650 sqft
PITI Monthly
$1,833.22 /mo

Listing courtesy of: , Featherstone Real Estate, LLC

Assumed Rate

6.11%
7.15%

Principal & Interest

$1,334 /mo
$1,486 /mo

What's Special

REMODELED
SPACIOUS
MODERN
HARDWOOD FLOORS
CHARMING

This charming 3-bedroom, 2-bath home is located within walking distance to town and offers many wonderful updates. The main floor features a remodeled bathroom, a newly replaced kitchen sink, and an added a back yard fence, making it ideal for families and pets. You’ll love the hardwood floors and original woodwork throughout the main floor, which also includes a convenient main-floor bedroom and bath. The kitchen boasts newer stainless-steel appliances& several windows have been previously updated. Upstairs, you'll find 2 additional bedrooms & a full bath. The property also offers a spacious 2-car detached garage. It’s a perfect blend of character and modern convenience! Sellers also just installed new sewer line from the City connection to the home. See additional upgrades and home features on line. Back porch & railing replaced with pretreated lumber.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.11
Remaining Loan Term
27 years, 7 months
Monthly PITI
$1,833.22/mo
Estimated Loan Balance
$215,440
Cash to close
$45,902
Interest Paid
$32,012

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Engineered Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link
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: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Engineered Wood
  • Roof: Asphalt
Condition
  • Year Built: 1911
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Edward Dvergedal 1st A
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Wanamingo

Financial Details

  • Price per Sqft: $157.52
  • Tax Annual Amount: $2362
  • On Market Date: 2025-01-06T00:00:00.000Z
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 $45,902 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $45,902!

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

Loan Breakdown

Assumed Mortgage6.11% Sellers Rate
$213,998
Your Cash$45,902
Total Purchase Price:$259,900

Assumed vs Traditional Mortgage

Assumed @ 6.11%
$1,334/mo
Traditional @ 7.5%
$1,541/mo
You save $207/month ($2,479/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6643698

Listing From: northstar

Last updated: 2025-04-03T15:24:04.000Z

© , 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

$1,334 /mo
$1,486 /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 $45,902 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $45,902!

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

Loan Breakdown

Assumed Mortgage6.11% Sellers Rate
$213,998
Your Cash$45,902
Total Purchase Price:$259,900

Assumed vs Traditional Mortgage

Assumed @ 6.11%
$1,334/mo
Traditional @ 7.5%
$1,541/mo
You save $207/month ($2,479/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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