Dan Kaercher

Dan Kaercher

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Closed

$326,900

($42,275 down)
VA

560 Forest Road, Big Lake, MN 55309

3
2
1,670 sqft
PITI Monthly
$1,807.24 /mo

Listing courtesy of: , eXp Realty

Assumed Rate

5.41%
7.15%

Principal & Interest

$1,653 /mo
$1,986 /mo

What's Special

DINING
SPACIOUS
MODERN
STAINLESS STEEL APPLIANCES
WALK-IN CLOSET
DECK

Step into this beautifully maintained home designed for comfort and entertaining! From the moment you enter the spacious foyer with a walk-in closet, you'll feel at home. The open-concept upper level is perfect for gatherings, featuring a modern kitchen with a center island, stainless steel appliances, and seamless flow into the living and dining areas. Two generously sized bedrooms and a full bath complete the upper level. Relax outdoors on the newer deck overlooking a spacious yard, ideal for summer barbecues or quiet evenings. The lower level offers even more to love, with a large family room featuring a walkout, a built-in theatre screen, surround sound speakers, and electronic remote-controlled blinds for ultimate convenience. The private primary suite is a luxurious retreat, boasting heated tile floors, a whirlpool bathtub, and a tiled walk-in shower with four showerheads. For hobbyists and car enthusiasts, the oversized 3-car insulated garage is a dream, equipped with heat and AC, making it the perfect workshop. Conveniently located near city amenities and with easy access to Hwy 10 for commuting, this home truly has it all, schedule your showing today!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
5.41
Remaining Loan Term
27 years, 6 months
Monthly PITI
$1,807.24/mo
Estimated Loan Balance
$288,231
Cash to close
$42,275
Interest Paid
$39,094

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
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: 3
  • 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: 2004
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Wrights Crossing Second Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Big Lake

Financial Details

  • Price per Sqft: $195.75
  • Tax Annual Amount: $54
  • On Market Date: 2024-12-16T00:00:00.000Z
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 $42,275 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $42,275!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$284,625
Your Cash$42,275
Total Purchase Price:$326,900

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$1,653/mo
Traditional @ 7.5%
$2,060/mo
You save $407/month ($4,884/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6640570

Listing From: northstar

Last updated: 2025-02-10T18:46:02.000Z

© , 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

5.41%
7.15%

Principal & Interest

$1,653 /mo
$1,986 /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 $42,275 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $42,275!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$284,625
Your Cash$42,275
Total Purchase Price:$326,900

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$1,653/mo
Traditional @ 7.5%
$2,060/mo
You save $407/month ($4,884/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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