Dan Kaercher

Dan Kaercher

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Closed

$155,000

($99,705 down)
FHA

502 2nd Avenue E, Shakopee, MN 55379

1
1
804 sqft
PITI Monthly
$680.35 /mo

Listing courtesy of: , JFH Realty

Assumed Rate

4.2%
7.15%

Principal & Interest

$316 /mo
$437 /mo

What's Special

FENCED YARD

Rehab Opportunity. Newer Furnace and A/C and Roof. Newer Kitchen. A lot of the items needed for the property rehab are purchased and in the home. It all just needs intallation. Fenced Yard. Come and bring your ideas to make this home your own. New Windows are sitting in the home and ready for your installation.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.2
Remaining Loan Term
22 years, 1 months
Monthly PITI
$680.35/mo
Estimated Loan Balance
$62,872
Cash to close
$99,705
Interest Paid
$19,930

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 1
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, Partial
Roof
  • Roof: Age 8 Years or Less, 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
  • Stucco
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 1910
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $192.79
  • Tax Annual Amount: $2020
  • On Market Date: 2024-10-10T00:00:00.000Z
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 $99,705 (64%)
You can enter any amount below - secondary financing will cover the difference if needed.
64%
$

You cover the entire equity of $99,705!

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

Loan Breakdown

Assumed Mortgage4.2% Sellers Rate
$55,295
Your Cash:$99,705
Total Purchase Price:$155,000

Assumed vs Traditional Mortgage

Assumed @ 4.2%
$316/mo
Traditional @ 7.5%
$453/mo
You save $137/month ($1,642/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6616374

Listing From: northstar

Last updated: 2024-10-19T22:54:02.000Z

© , 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

4.2%
7.15%

Principal & Interest

$316 /mo
$437 /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 $99,705 (64%)
You can enter any amount below - secondary financing will cover the difference if needed.
64%
$

You cover the entire equity of $99,705!

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

Loan Breakdown

Assumed Mortgage4.2% Sellers Rate
$55,295
Your Cash:$99,705
Total Purchase Price:$155,000

Assumed vs Traditional Mortgage

Assumed @ 4.2%
$316/mo
Traditional @ 7.5%
$453/mo
You save $137/month ($1,642/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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