Dan Kaercher

Dan Kaercher

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Closed

$199,900

($84,033 down)
FHA

320 2nd Avenue SE, Glenwood, MN 56334

3
2
1,963 sqft
PITI Monthly
$982.03 /mo

Listing courtesy of: , Central MN Realty LLC

Assumed Rate

2.2%
7.15%

Principal & Interest

$523 /mo
$930 /mo

What's Special

SHOPPING
DINING
MODERN
HARDWOOD FLOORS
HOME OFFICE
DECK

Welcome to your new home! This 3-bedroom, 1.5-bathroom home offers a great mix of modern updates and classic appeal. Inside, you'll find original hardwood floors in the entry and dining room. The living room also has original hardwood floors underneath the carpeting. This home has plenty of natural light, and the formal dining room is perfect for hosting dinners. The updated kitchen includes modern appliances and freshly painted cabinetry with the addition of a coffee bar. All three bedrooms, updated bathroom and laundry are conveniently located on the same floor. The finished attic could be used as a fourth bedroom, playroom, or home office. Enjoy the screened-in porch, private back deck and yard, ideal for outdoor activities. This home is close to schools, parks, shopping, and beautiful downtown Glenwood. Don't miss out on this wonderful home. Schedule your showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.2
Remaining Loan Term
25 years, 11 months
Monthly PITI
$982.03/mo
Estimated Loan Balance
$126,450
Cash to close
$84,033
Interest Paid
$11,766

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Window Unit(s)
  • Heating: Boiler
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age Over 8 Years
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • 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
  • Stucco
  • Roof: Age Over 8 Years
Condition
  • Year Built: 1906
Details
  • Builder:

Community & HOA

Community
  • Subdivision: T T Ofsthuns Prospect Park
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Glenwood

Financial Details

  • Price per Sqft: $101.83
  • Tax Annual Amount: $2542
  • On Market Date: 2024-07-22T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $84,033 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $84,033!

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

Loan Breakdown

Assumed Mortgage2.2% Sellers Rate
$115,867
Your Cash$84,033
Total Purchase Price:$199,900

Assumed vs Traditional Mortgage

Assumed @ 2.2%
$523/mo
Traditional @ 7.5%
$964/mo
You save $442/month ($5,301/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6574125

Listing From: northstar

Last updated: 2024-09-05T19:53:02.000Z

© , 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

2.2%
7.15%

Principal & Interest

$523 /mo
$930 /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 $84,033 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $84,033!

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

Loan Breakdown

Assumed Mortgage2.2% Sellers Rate
$115,867
Your Cash$84,033
Total Purchase Price:$199,900

Assumed vs Traditional Mortgage

Assumed @ 2.2%
$523/mo
Traditional @ 7.5%
$964/mo
You save $442/month ($5,301/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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