Dan Kaercher

Dan Kaercher

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Closed

$179,900

($51,053 down)
FHA

514 12th Street, Red Wing, MN 55066

3
2
1,448 sqft
PITI Monthly
$1,016.33 /mo

Listing courtesy of: , RE/MAX Results

Assumed Rate

3.08%
7.15%

Principal & Interest

$590 /mo
$935 /mo

What's Special

DINING
HARDWOOD FLOORS

Discover the perfect blend of charm and potential in this 3-bedroom, 1.5 bathroom gem conveniently located near downtown. The upper level has 3 bedrooms and a bathroom, with a versatile den/office that could easily serve as a fourth bedroom (although lacking a closet, this space offers endless possibilities) The main floor features a half bath off the dining room, complemented by natural woodwork and hardwood floors throughout that add warmth and character. Embrace the opportunity to unleash the home's true beauty through your personalized touch, while enjoying the convenience of a 2-car detached garage and front porch. Don't miss your chance to make this residence your own and experience the transformation of potential into reality.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.08
Remaining Loan Term
26 years, 2 months
Monthly PITI
$1,016.33/mo
Estimated Loan Balance
$137,586
Cash to close
$51,053
Interest Paid
$15,699

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Hot Water
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Asphalt
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: Asphalt
Condition
  • Year Built: 1890
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Aud Sub Of Smiths A
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Red Wing

Financial Details

  • Price per Sqft: $124.24
  • Tax Annual Amount: $2143
  • On Market Date: 2024-08-01T00:00:00.000Z
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 $51,053 (28%)
You can enter any amount below - secondary financing will cover the difference if needed.
28%
$

You cover the entire equity of $51,053!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$128,847
Your Cash$51,053
Total Purchase Price:$179,900

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$590/mo
Traditional @ 7.5%
$970/mo
You save $380/month ($4,563/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6560591

Listing From: northstar

Last updated: 2024-10-16T17:28:02.000Z

© , 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

3.08%
7.15%

Principal & Interest

$590 /mo
$935 /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 $51,053 (28%)
You can enter any amount below - secondary financing will cover the difference if needed.
28%
$

You cover the entire equity of $51,053!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$128,847
Your Cash$51,053
Total Purchase Price:$179,900

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$590/mo
Traditional @ 7.5%
$970/mo
You save $380/month ($4,563/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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