Dan Kaercher

Dan Kaercher

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Closed

$275,000

($115,223 down)
FHA

5000 Vincent Avenue N, Minneapolis, MN 55430

3
2
1,600 sqft
PITI Monthly
$1,365.09 /mo

Listing courtesy of: , Partners Realty Inc.

Assumed Rate

2.31%
7.15%

Principal & Interest

$789 /mo
$1,287 /mo

What's Special

SHOPPING

Welcome home to this beautiful rambler located close to major highways, shopping centers. Home offers new carpet and paint throughout the upper and lower floors. Spend your mornings or evenings inside your closed three season porch. Large lower level family room great for family and friend gathers.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.31
Remaining Loan Term
20 years, 9 months
Monthly PITI
$1,365.09/mo
Estimated Loan Balance
$204,480
Cash to close
$115,223
Interest Paid
$16,511

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link, Wood
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • 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
  • Stucco
  • Roof: Unknown
Condition
  • Year Built: 1952
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $171.88
  • Tax Annual Amount: $3590
  • On Market Date: 2024-06-14T00:00:00.000Z
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 $115,223 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $115,223!

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

Loan Breakdown

Assumed Mortgage2.31% Sellers Rate
$159,777
Your Cash$115,223
Total Purchase Price:$275,000

Assumed vs Traditional Mortgage

Assumed @ 2.31%
$789/mo
Traditional @ 7.5%
$1,330/mo
You save $541/month ($6,492/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6553537

Listing From: northstar

Last updated: 2024-09-02T03:38:02.000Z

© , 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

2.31%
7.15%

Principal & Interest

$789 /mo
$1,287 /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 $115,223 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $115,223!

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

Loan Breakdown

Assumed Mortgage2.31% Sellers Rate
$159,777
Your Cash$115,223
Total Purchase Price:$275,000

Assumed vs Traditional Mortgage

Assumed @ 2.31%
$789/mo
Traditional @ 7.5%
$1,330/mo
You save $541/month ($6,492/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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