Dan Kaercher

Dan Kaercher

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Closed

$135,000

($95,273 down)
FHA

512 Coventry Road, Hoyt Lakes, MN 55750

2
2
1,512 sqft
PITI Monthly
$696.48 /mo

Listing courtesy of: , Northwoods Land Office, Inc

Assumed Rate

4.02%
7.15%

Principal & Interest

$439 /mo
$538 /mo

What's Special

PATIO

Sitting on the edge of Hoyt Lakes is this updated 2 bedroom, 1.75 bath home on 2 city lots totaling over 16,000sq ft with nothing but woods and trails behind it! The home has been updated over the last few years to feature a wide open kitchen/ living room area complete with a breakfast bar. There are 2 main level bedrooms and a full updated bathroom. Don't forget the main floor laundry! Head out the sliding glass door to the fenced in backyard that features a patio area and a gate to the back lot. The lower level has been improved with the addition of a den/office area, 3/4 bathroom, and rec room ready for your finishing touches.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.02
Remaining Loan Term
8 years, 7 months
Monthly PITI
$696.48/mo
Estimated Loan Balance
$26,338
Cash to close
$95,273
Interest Paid
$12,721

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air
Features
  • Materials: Steel Siding, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
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
  • Steel Siding, Wood Siding
  • Roof: Unknown
Condition
  • Year Built: 1956
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Hoyt Lakes Sub 4
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Hoyt Lakes

Financial Details

  • Price per Sqft: $89.29
  • Tax Annual Amount: $786
  • On Market Date: 2024-10-28T00:00:00.000Z
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 $95,273 (71%)
You can enter any amount below - secondary financing will cover the difference if needed.
71%
$

You cover the entire equity of $95,273!

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

Loan Breakdown

Assumed Mortgage4.02% Sellers Rate
$39,727
Your Cash:$95,273
Total Purchase Price:$135,000

Assumed vs Traditional Mortgage

Assumed @ 4.02%
$439/mo
Traditional @ 7.5%
$550/mo
You save $111/month ($1,333/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6624617

Listing From: northstar

Last updated: 2025-02-07T14:42:02.000Z

© , 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

4.02%
7.15%

Principal & Interest

$439 /mo
$538 /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 $95,273 (71%)
You can enter any amount below - secondary financing will cover the difference if needed.
71%
$

You cover the entire equity of $95,273!

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

Loan Breakdown

Assumed Mortgage4.02% Sellers Rate
$39,727
Your Cash:$95,273
Total Purchase Price:$135,000

Assumed vs Traditional Mortgage

Assumed @ 4.02%
$439/mo
Traditional @ 7.5%
$550/mo
You save $111/month ($1,333/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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