Dan Kaercher

Dan Kaercher

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Closed

$299,900

($106,798 down)
FHA

317 W River Street, Monticello, MN 55362

4
2
1,903 sqft
PITI Monthly
$1,406.31 /mo

Listing courtesy of: , eXp Realty

Assumed Rate

3.16%
7.15%

Principal & Interest

$912 /mo
$1,432 /mo

What's Special

SERENE
MINUTES AWAY
SHOPPING
DINING
SPACIOUS
HOME OFFICE

Nestled in the heart of Monticello, this duplex offers great proximity to amenities and the Mississippi River. Bright and open, the lower-level living room features durable LVP flooring that extends throughout much of the unit. Enjoy peaceful front and side views, creating a welcoming atmosphere for relaxation or entertaining. The lower-level kitchen offers a spacious layout with both back and side views. A convenient laundry closet is just steps away, adding practicality to this well-designed space. Adjacent to the kitchen is a versatile bonus room, perfect for extra storage or a small home office. This additional space enhances the unit's functionality, making it ideal for organizing and decluttering. The full walk-through bathroom connects directly to the first bedroom, offering easy access and convenience. The second bedroom also has its own separate entry from the living room through glass French doors. Sunlight fills the upper-level living room, where plush carpeting and expansive front and side views create a comfortable and serene environment for relaxation. The upper-level kitchen is designed for efficiency, featuring ample cabinetry to store all your essentials. This well-organized space also provides convenient access to the laundry room, making everyday chores a breeze. Just steps from the shared full bathroom with tub/shower combo, these two generously sized bedrooms offer comfort and privacy. Located close to plenty of shopping, dining, and the scenic Mississippi River, this duplex is perfectly situated for convenience. Highway access is just minutes away, making commuting a breeze!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.16
Remaining Loan Term
25 years, 5 months
Monthly PITI
$1,406.31/mo
Estimated Loan Balance
$208,893
Cash to close
$106,798
Interest Paid
$29,252

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
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: Unknown
Roof
  • Roof: Age 8 Years or Less
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: Duplex Up and Down
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Age 8 Years or Less
Condition
  • Year Built: 1900
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Original Monticello
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Monticello

Financial Details

  • Price per Sqft: $157.59
  • Tax Annual Amount: $2328
  • On Market Date: 2024-11-21T00:00:00.000Z
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 $106,798 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $106,798!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$193,102
Your Cash$106,798
Total Purchase Price:$299,900

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$912/mo
Traditional @ 7.5%
$1,485/mo
You save $573/month ($6,876/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6633595

Listing From: northstar

Last updated: 2024-12-18T20:05:02.000Z

© , 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

3.16%
7.15%

Principal & Interest

$912 /mo
$1,432 /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 $106,798 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $106,798!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$193,102
Your Cash$106,798
Total Purchase Price:$299,900

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$912/mo
Traditional @ 7.5%
$1,485/mo
You save $573/month ($6,876/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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