Dan Kaercher

Dan Kaercher

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Closed

$487,500

($68,810 down)
FHA

4421 Portland Avenue, Minneapolis, MN 55407

N/A
N/A
2,644 sqft
PITI Monthly
$2,887.4 /mo

Listing courtesy of: , Real Broker, LLC

Assumed Rate

3.08%
7.15%

Principal & Interest

$1,924 /mo
$3,051 /mo

What's Special

DESIRED
ENTERTAINMENT
FIREPLACE
CHARMING

Beautiful Tudor Duplex stuffed with charm! Each of these large, 1300 square foot, two bedroom one bath units has tons of old world charm with fireplaces, built in nooks and china hutches. You don't usually find such large bedrooms in these charming houses. With a two car garage and room to park two more cars on the gravel pad in the back of the house no one has to park in the street. In the neighborhood you will find Minnehaha creek and plenty of restaurants and entertainment at 47th and Chicago. Huge basement with private entry and room to add an additional unit (ADU) if desired. Upper unit to be vacant soon. Perfect for someone wanting to owner occupy or house hack

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.08
Remaining Loan Term
26 years, 2 months
Monthly PITI
$2,887.4/mo
Estimated Loan Balance
$420,383
Cash to close
$68,810
Interest Paid
$51,221

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: Unknown
  • Heating: Boiler
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: 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: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Duplex Up and Down
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: Asphalt
Condition
  • Year Built: 1931
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Auditors Sub 257
  • Features: No Stairs External
HOA
  • Has HOA: No
Location
  • Region: Minneapolis

Financial Details

  • Price per Sqft: $184.38
  • Tax Annual Amount: $6422
  • On Market Date: 2024-10-14T00:00:00.000Z
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 $68,810 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $68,810!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$418,690
Your Cash$68,810
Total Purchase Price:$487,500

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$1,924/mo
Traditional @ 7.5%
$3,165/mo
You save $1,241/month ($14,887/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6617580

Listing From: northstar

Last updated: 2025-03-17T18:59:03.000Z

© , 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

3.08%
7.15%

Principal & Interest

$1,924 /mo
$3,051 /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 $68,810 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $68,810!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$418,690
Your Cash$68,810
Total Purchase Price:$487,500

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$1,924/mo
Traditional @ 7.5%
$3,165/mo
You save $1,241/month ($14,887/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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