Dan Kaercher

Dan Kaercher

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$444,000

($337,680 down)
FHA

405 7th Street S, Virginia, MN 55792

5
3
3,350 sqft
PITI Monthly
$1,341.36 /mo

Listing courtesy of: , Coldwell Banker Realty

Assumed Rate

5.75%
7.15%

Principal & Interest

$945 /mo
$1,094 /mo

What's Special

SPACIOUS
MODERN
RENOVATED

Step into modern comfort and timeless charm with this fully renovated 5-bedroom, 2 ¾-bath home in Virginia, MN. Completely gutted, rewired, replumbed, and re-insulated with over 5 inches of closed-cell spray foam, it boasts expansive new in-floor heat and smart thermostats in each room for optimal comfort. Modern updates include new wiring, plumbing, and smart home integration, with Cat5 and Coax wiring throughout and a centralized networking hub. The main levels feature spacious living areas and a large, well-lit kitchen perfect for gatherings. The unfinished attic offers potential for additional finished space, while the full walk-out basement includes a workout room, storage, and a well-designed mechanical room. Enjoy a low-maintenance yard, two covered porches, and proximity to parks and lakes. This home blends efficiency, flexibility, and unique character—don’t miss your chance to schedule a showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.75
Remaining Loan Term
13 years, 3 months
Monthly PITI
$1,341.36/mo
Estimated Loan Balance
$135,403
Cash to close
$337,680
Interest Paid
$133,023

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Window Unit(s)
  • Heating: Boiler, Fireplace(s), Hot Water, Radiant Floor
Features
  • Materials: Steel Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Stone, Wood Burning
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Age Over 8 Years, Asphalt
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: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Steel Siding
  • Roof: Age Over 8 Years, Asphalt
Condition
  • Year Built: 1901
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Virginia 2nd Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Virginia

Financial Details

  • Price per Sqft: $132.54
  • Tax Annual Amount: $1378
  • On Market Date: 2024-12-21T00:00:00.000Z
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 $337,680 (76%)
You can enter any amount below - secondary financing will cover the difference if needed.
76%
$

You cover the entire equity of $337,680!

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

Loan Breakdown

Assumed Mortgage5.75% Sellers Rate
$106,320
Your Cash:$337,680
Total Purchase Price:$444,000

Assumed vs Traditional Mortgage

Assumed @ 5.75%
$945/mo
Traditional @ 7.5%
$1,135/mo
You save $190/month ($2,274/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6641888

Listing From: northstar

Last updated: 2025-03-10T22:32:06.000Z

© , 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

5.75%
7.15%

Principal & Interest

$945 /mo
$1,094 /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 $337,680 (76%)
You can enter any amount below - secondary financing will cover the difference if needed.
76%
$

You cover the entire equity of $337,680!

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

Loan Breakdown

Assumed Mortgage5.75% Sellers Rate
$106,320
Your Cash:$337,680
Total Purchase Price:$444,000

Assumed vs Traditional Mortgage

Assumed @ 5.75%
$945/mo
Traditional @ 7.5%
$1,135/mo
You save $190/month ($2,274/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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