Dan Kaercher

Dan Kaercher

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Closed

$269,900

($111,028 down)
VA

605 Westminster Avenue SW, Watertown, MN 55388

4
2
2,326 sqft
PITI Monthly
$1,086.34 /mo

Listing courtesy of: , Edina Realty, Inc.

Assumed Rate

2.74%
7.15%

Principal & Interest

$708 /mo
$1,173 /mo

What's Special

REMODELED
FRESH PAINT
MODERN
CHARMING

This charming home combines timeless character with modern updates to create a comfortable and stylish living space. Recent improvements include a new roof added in 2019 for peace of mind, a remodeled bathroom in 2020 that brings contemporary style, and a dishwasher installed in 2022 for added convenience. Fresh paint throughout the home (2024) adds a renewed vibrancy. Situated within walking distance of downtown Watertown, you'll have easy access to local conveniences like grocery stores, restaurants, bars, coffee shops, and unique stores. For outdoor enthusiasts, the home is just a short stroll from the Luce Line Trail, the Crow River, and a local baseball field, offering ample opportunities for recreation right at your doorstep.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.74
Remaining Loan Term
25 years, 11 months
Monthly PITI
$1,086.34/mo
Estimated Loan Balance
$159,217
Cash to close
$111,028
Interest Paid
$18,558

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick/Stone
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Age 8 Years or Less, Asphalt
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Brick/Stone
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 1908
Details
  • Builder:

Community & HOA

Community
  • Subdivision: City Lts Of Watertown
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Watertown

Financial Details

  • Price per Sqft: $116.04
  • Tax Annual Amount: $2742
  • On Market Date: 2024-12-11T00:00:00.000Z
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 $111,028 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$

You cover the entire equity of $111,028!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$158,872
Your Cash$111,028
Total Purchase Price:$269,900

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$708/mo
Traditional @ 7.5%
$1,216/mo
You save $508/month ($6,102/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6639238

Listing From: northstar

Last updated: 2025-02-21T21:57:02.000Z

© , 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

$708 /mo
$1,173 /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 $111,028 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$

You cover the entire equity of $111,028!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$158,872
Your Cash$111,028
Total Purchase Price:$269,900

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$708/mo
Traditional @ 7.5%
$1,216/mo
You save $508/month ($6,102/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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