Dan Kaercher

Dan Kaercher

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Closed

$299,900

($157,199 down)
FHA

32 7th Street NW, Forest Lake, MN 55025

3
1
1,419 sqft
PITI Monthly
$1,346.73 /mo

Listing courtesy of: , Coldwell Banker Realty

Assumed Rate

4.53%
7.15%

Principal & Interest

$814 /mo
$1,081 /mo

What's Special

SHOPPING
DINING
HARDWOOD FLOORS
PLAYGROUND

Solid one level with a large heated shop! Three bedrooms up with an open kitchen and dining table spot. Hardwood floors in living room and bedrooms. The basement has a large family room, laundry plus plenty of additional storage. Close to shopping and Freeway access for commuting. Nice playground just down the street.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.53
Remaining Loan Term
23 years, 6 months
Monthly PITI
$1,346.73/mo
Estimated Loan Balance
$77,259
Cash to close
$157,199
Interest Paid
$44,492

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Age Over 8 Years, Architectural Shingle, Pitched
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • 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
  • Wood Siding
  • Roof: Age Over 8 Years, Architectural Shingle, Pitched
Condition
  • Year Built: 1955
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $211.35
  • Tax Annual Amount: $3238
  • On Market Date: 2024-09-03T00:00:00.000Z
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 $157,199 (52%)
You can enter any amount below - secondary financing will cover the difference if needed.
52%
$

You cover the entire equity of $157,199!

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

Loan Breakdown

Assumed Mortgage4.53% Sellers Rate
$142,701
Your Cash:$157,199
Total Purchase Price:$299,900

Assumed vs Traditional Mortgage

Assumed @ 4.53%
$814/mo
Traditional @ 7.5%
$1,121/mo
You save $307/month ($3,689/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6592318

Listing From: northstar

Last updated: 2025-03-08T17:19:03.000Z

© , 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

4.53%
7.15%

Principal & Interest

$814 /mo
$1,081 /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 $157,199 (52%)
You can enter any amount below - secondary financing will cover the difference if needed.
52%
$

You cover the entire equity of $157,199!

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

Loan Breakdown

Assumed Mortgage4.53% Sellers Rate
$142,701
Your Cash:$157,199
Total Purchase Price:$299,900

Assumed vs Traditional Mortgage

Assumed @ 4.53%
$814/mo
Traditional @ 7.5%
$1,121/mo
You save $307/month ($3,689/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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