Dan Kaercher

Dan Kaercher

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Closed

$315,000

($95,044 down)
FHA

5023 Bluff Road, Big Lake, MN 55309

4
2
1,862 sqft
PITI Monthly
$1,638.71 /mo

Listing courtesy of: , RE/MAX Results

Assumed Rate

3.16%
7.15%

Principal & Interest

$1,033 /mo
$1,621 /mo

What's Special

DINING
SPACIOUS
VAULTED CEILINGS
DECK
WALKING TRAILS

Beautiful 4 bed 2 bath home in the heart of Big Lake. Airy open layout, vaulted ceilings and tons of natural light. Spacious kitchen and dining area with living space. Step out the siding door to a maintenance free deck. Additional lower level rec room. Huge corner lot with fenced in backyard, a 3 car garage, and a brand-new roof! Conveniently located near miles of walking trails, parks, amenities & major highways. Schedule your showing today.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.16
Remaining Loan Term
25 years, 5 months
Monthly PITI
$1,638.71/mo
Estimated Loan Balance
$231,189
Cash to close
$95,044
Interest Paid
$33,114

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
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: Full
Roof
  • Roof: Age 8 Years or Less, Asphalt
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: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 2000
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Mitchell Lake Ridge Second Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Big Lake

Financial Details

  • Price per Sqft: $169.17
  • Tax Annual Amount: $3434
  • On Market Date: 2024-08-09T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $95,044 (30%)
You can enter any amount below - secondary financing will cover the difference if needed.
30%
$

You cover the entire equity of $95,044!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$219,957
Your Cash$95,044
Total Purchase Price:$315,000

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$1,033/mo
Traditional @ 7.5%
$1,681/mo
You save $649/month ($7,784/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6583056

Listing From: northstar

Last updated: 2024-09-19T02:09:05.000Z

© , 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

3.16%
7.15%

Principal & Interest

$1,033 /mo
$1,621 /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 $95,044 (30%)
You can enter any amount below - secondary financing will cover the difference if needed.
30%
$

You cover the entire equity of $95,044!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$219,957
Your Cash$95,044
Total Purchase Price:$315,000

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$1,033/mo
Traditional @ 7.5%
$1,681/mo
You save $649/month ($7,784/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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