Dan Kaercher

Dan Kaercher

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Closed

$350,000

($254,859 down)
FHA

4946 Logan Avenue N, Minneapolis, MN 55430

6
3
2,507 sqft
PITI Monthly
$2,072.45 /mo

Listing courtesy of: , RE/MAX Advantage Plus

Assumed Rate

3.21%
7.15%

Principal & Interest

$1,455 /mo
$1,883 /mo

What's Special

REMODELED
DINING
SPACIOUS
MOVE-IN READY
GRANITE COUNTERTOPS
FINISHED BASEMENT
PLAYGROUND
QUIET NEIGHBORHOOD
RENTAL INCOME

Welcome to this beautifully remodeled and lovingly maintained 6 bed, 3 bath home with in-law suite in the Shingle Creek neighborhood of Minneapolis! This meticulously maintained property is move-in ready and brimming with potential! The main level features 2 beds, a full bath, spacious family and dining room, and kitchen. Upper level has 2 bedrooms and a 3/4 bath while the finished basement offers an in-law suite with a second kitchen, 2 additional bedrooms, and a second family room. Lower unit has a private entrance. Property has a large fully fenced in yard and an oversized 2.5+ car garage — this home is perfect for rental income, multi-generational living, or a family that wants to spread out. Situated on a quiet block near Shingle Creek Park with baseball fields, playgrounds, and nearby schools, this is a quiet neighborhood conveniently located to easily access the greater metro area. Don’t miss the opportunity to own this versatile and beautifully updated home that truly has it all! UPDATES: Full professional remodel done in 2015 includes a high-end main kitchen with custom solid wood dove-tail cabinetry, granite countertops, fully remodeled bathrooms, basement in-law suite. New windows, siding, roof, HVAC, tankless water heater, and many more upgrades!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.21
Remaining Loan Term
5 years, 10 months
Monthly PITI
$2,072.45/mo
Estimated Loan Balance
$167,792
Cash to close
$254,859
Interest Paid
$45,163

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 6
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link, Full
Roof
  • Roof: Age Over 8 Years
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: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Age Over 8 Years
Condition
  • Year Built: 1956
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $139.61
  • Tax Annual Amount: $3851
  • On Market Date: 2025-01-27T00:00:00.000Z
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 $254,859 (73%)
You can enter any amount below - secondary financing will cover the difference if needed.
73%
$

You cover the entire equity of $254,859!

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

Loan Breakdown

Assumed Mortgage3.21% Sellers Rate
$95,141
Your Cash:$254,859
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 3.21%
$1,455/mo
Traditional @ 7.5%
$1,927/mo
You save $472/month ($5,665/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6639168

Listing From: northstar

Last updated: 2025-04-01T14:34:03.000Z

© , 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

3.21%
7.15%

Principal & Interest

$1,455 /mo
$1,883 /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 $254,859 (73%)
You can enter any amount below - secondary financing will cover the difference if needed.
73%
$

You cover the entire equity of $254,859!

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

Loan Breakdown

Assumed Mortgage3.21% Sellers Rate
$95,141
Your Cash:$254,859
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 3.21%
$1,455/mo
Traditional @ 7.5%
$1,927/mo
You save $472/month ($5,665/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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