Dan Kaercher

Dan Kaercher

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$325,000

($327,930 down)
FHA

3223 38th Avenue S, Minneapolis, MN 55406

2
1
1,220 sqft
PITI Monthly
$1,117.24 /mo

Listing courtesy of: , Edina Realty, Inc.

Assumed Rate

8.64%
7.15%

Principal & Interest

$578 /mo
$501 /mo

What's Special

LOCATION
MODERN

Adorable Craftsman! Tree lined Longfellow location. Totally updated w/ modern kitchen and bath. New mechanicals & a 10 year young roof replaced in 2015. The inviting front porch welcomes you. Enjoy summer evenings on the swing.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
8.64
Remaining Loan Term
Loan term completed
Monthly PITI
$1,117.24/mo
Estimated Loan Balance
$0
Cash to close
$327,930
Interest Paid
$133,770

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Ductless Mini-Split
  • Heating: Boiler, Radiator(s)
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Wood Burning Stove
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Age Over 8 Years, 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: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: Age Over 8 Years, Asphalt
Condition
  • Year Built: 1910
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Auditors Sub 237
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Minneapolis

Financial Details

  • Price per Sqft: $266.39
  • Tax Annual Amount: $4046
  • On Market Date: 2025-03-26T00:00:00.000Z
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 $327,930 (101%)
You can enter any amount below - secondary financing will cover the difference if needed.
101%
$

You cover the entire equity of $327,930!

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

Loan Breakdown

Assumed Mortgage8.64% Sellers Rate
-$2,930
Your Cash:$327,930
Total Purchase Price:$325,000

Assumed vs Traditional Mortgage

Assumed @ 8.64%
$578/mo
Traditional @ 7.5%
$520/mo
You save $-58/month ($-696/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6691586

Listing From: northstar

Last updated: 2025-04-01T21:09:03.000Z

© , 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

8.64%
7.15%

Principal & Interest

$578 /mo
$501 /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 $327,930 (101%)
You can enter any amount below - secondary financing will cover the difference if needed.
101%
$

You cover the entire equity of $327,930!

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

Loan Breakdown

Assumed Mortgage8.64% Sellers Rate
-$2,930
Your Cash:$327,930
Total Purchase Price:$325,000

Assumed vs Traditional Mortgage

Assumed @ 8.64%
$578/mo
Traditional @ 7.5%
$520/mo
You save $-58/month ($-696/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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