Dan Kaercher

Dan Kaercher

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Closed

$340,000

($103,682 down)
FHA

5528 Rowland Road, Minnetonka, MN 55343

4
3
2,465 sqft
PITI Monthly
$2,078.92 /mo

Listing courtesy of: , Keller Williams Classic Rlty NW

Assumed Rate

4.87%
7.15%

Principal & Interest

$1,441 /mo
$1,841 /mo

What's Special

STAINLESS STEEL APPLIANCES
FIREPLACE
VAULTED CEILINGS
WALK-IN CLOSET
WET BAR
DECK
COZY

If you need space, this is the perfect place. This expansive 2-story townhome offers over 2,500 sf complemented by an open floor plan and soaring 2-story vaulted ceilings. The primary bedroom occupies its own level, featuring a large walk-in closet and a full bathroom. A loft on this level provides a perfect spot for work or relaxation. The kitchen features newer stainless steel appliances and a useful peninsula with seating. On the walk-out lower level, you’ll find a cozy family room with a gas fireplace and wet bar. There is a 3/4 bathroom that opens to the fourth bedroom, currently used as an exercise room. Enjoy the beautiful wooded views from your large deck on the main level or your screened-in porch on the lower level. This home has a newer furnace, central air, water heater. Extra deep garage on one side can fit a boat. This home is conveniently located close to Downtown Hopkins, Downtown Mpls, Ridgedale. The Mn River Buffs Regional Trail is just a block away.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.87
Remaining Loan Term
23 years, 9 months
Monthly PITI
$2,078.92/mo
Estimated Loan Balance
$271,758
Cash to close
$103,682
Interest Paid
$78,770

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Gas
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer - In Street
  • Water Source: City Water - In Street
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Townhouse Side x Side
  • Architectural Style: Unknown
Materials
  • Wood Siding
  • Roof: Unknown
Condition
  • Year Built: 1984
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Huntington Woods
  • Features: None
HOA
  • Has HOA: Yes
  • HOA Name: Huntington Woods
  • HOA Amenities: Unknown
  • HOA Fee: $415
  • HOA Frequency: $Monthly
Location
  • Region: Minnetonka

Financial Details

  • Price per Sqft: $137.93
  • Tax Annual Amount: $3534
  • On Market Date: 2024-08-18T00:00:00.000Z
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 $103,682 (30%)
You can enter any amount below - secondary financing will cover the difference if needed.
30%
$

You cover the entire equity of $103,682!

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

Loan Breakdown

Assumed Mortgage4.87% Sellers Rate
$236,318
Your Cash$103,682
Total Purchase Price:$340,000

Assumed vs Traditional Mortgage

Assumed @ 4.87%
$1,441/mo
Traditional @ 7.5%
$1,909/mo
You save $468/month ($5,614/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6588153

Listing From: northstar

Last updated: 2024-11-13T20:01:03.000Z

© , 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

4.87%
7.15%

Principal & Interest

$1,441 /mo
$1,841 /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 $103,682 (30%)
You can enter any amount below - secondary financing will cover the difference if needed.
30%
$

You cover the entire equity of $103,682!

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

Loan Breakdown

Assumed Mortgage4.87% Sellers Rate
$236,318
Your Cash$103,682
Total Purchase Price:$340,000

Assumed vs Traditional Mortgage

Assumed @ 4.87%
$1,441/mo
Traditional @ 7.5%
$1,909/mo
You save $468/month ($5,614/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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