Dan Kaercher

Dan Kaercher

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Closed

$250,000

($53,473 down)
FHA

5215 Washburn Avenue N, Minneapolis, MN 55430

3
2
1,496 sqft
PITI Monthly
$1,402.06 /mo

Listing courtesy of: , Epique Realty

Assumed Rate

2.74%
7.15%

Principal & Interest

$872 /mo
$1,444 /mo

What's Special

DINING
FINISHED BASEMENT

This 3-bedroom, 2 bathroom home in the Shingle Creek neighborhood offers great potential for those looking to add their personal touch. The main level features a practical layout with 2 bedrooms and an eat-in kitchen, perfect for casual dining. The fenced backyard provides space for outdoor activities, entertaining and corralling those loveable pets! The finished basement adds extra living space, featuring a large family room, an additional bedroom, and a 3/4 bath. Music lovers will appreciate the music studio area complete with a sound recording booth, ready for your creative endeavors. Conveniently located near Hwy 100 right off the Brookly Blvd. bus line. The home is being sold AS-IS.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.74
Remaining Loan Term
26 years, 0 months
Monthly PITI
$1,402.06/mo
Estimated Loan Balance
$198,210
Cash to close
$53,473
Interest Paid
$22,413

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Window Unit(s)
  • Heating: Forced Air
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link
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
  • Vinyl Siding
  • Roof: Unknown
Condition
  • Year Built: 1953
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $167.11
  • Tax Annual Amount: $2745
  • On Market Date: 2024-10-18T00:00:00.000Z
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 $53,473 (21%)
You can enter any amount below - secondary financing will cover the difference if needed.
21%
$

You cover the entire equity of $53,473!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$196,527
Your Cash$53,473
Total Purchase Price:$250,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$872/mo
Traditional @ 7.5%
$1,498/mo
You save $626/month ($7,515/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6593052

Listing From: northstar

Last updated: 2025-02-03T22:16:02.000Z

© , 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

2.74%
7.15%

Principal & Interest

$872 /mo
$1,444 /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 $53,473 (21%)
You can enter any amount below - secondary financing will cover the difference if needed.
21%
$

You cover the entire equity of $53,473!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$196,527
Your Cash$53,473
Total Purchase Price:$250,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$872/mo
Traditional @ 7.5%
$1,498/mo
You save $626/month ($7,515/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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