Dan Kaercher

Dan Kaercher

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Closed

$259,000

($117,686 down)
FHA

618 Kenwood Street, Alexandria, MN 56308

2
2
3,024 sqft
PITI Monthly
$1,253.78 /mo

Listing courtesy of: , Realty Executives Alex H S

Assumed Rate

4.62%
7.15%

Principal & Interest

$807 /mo
$1,060 /mo

What's Special

FRESH PAINT
SERENE
SPACIOUS
MODERN
STAINLESS STEEL APPLIANCES
FIREPLACE
WALK-IN CLOSET
PATIO
HISTORIC
CHARMING
COZY

Charming 2-bedroom, 2-bath home conveniently located close to Alexandria downtown and Noonan's park. Easily converted to 3-4br with egress windows in lower level . This lovely brick-front home offers a unique blend of historical allure and modern comfort. Nestled in a piece of Alexandria's history, this property was once part of the original garden created by Philip J. Noonan in 1937 and later donated to the city. Inside, you'll be greeted by a spacious living room with expansive windows, recently updated in March 2024 to bring in natural light and showcase the beauty of the outdoors. Main floor has wood flooring throughout the main areas. The kitchen, bathrooms, and bedrooms are all thoughtfully designed to blend charm with modern convenience. Kitchen has stainless steel appliances, white cupboards and updated countertops. The inviting living room is open and spacious and has a cozy gas fireplace. The master bedroom, updated with fresh paint and a custom California closet in October 2023 and a walk-in closet, provides a stylish and functional sanctuary. The basement has a large family room, bathroom and another potential bedroom/den. Step into the backyard where the remnants of the historic stonework from the old waterfall blend seamlessly with the new paver patio and lush landscaping, completed in 2020. This serene space is perfect for relaxing or entertaining in your private retreat. Conveniently located near the heart of Alexandria, you're just a short walk away from downtown and Noonan’s Park. This home truly embodies the best of both worlds—proximity to vibrant city life and a peaceful, secluded oasis to call your own. This home will capture your heart!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.62
Remaining Loan Term
23 years, 8 months
Monthly PITI
$1,253.78/mo
Estimated Loan Balance
$142,354
Cash to close
$117,686
Interest Paid
$43,493

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ductless Mini-Split
  • Heating: Boiler
Features
  • Materials: Brick/Stone, Wood Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Vinyl
Roof
  • Roof: Asphalt
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: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Brick/Stone, Wood Siding
  • Roof: Asphalt
Condition
  • Year Built: 1960
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Kilbourns Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Alexandria

Financial Details

  • Price per Sqft: $85.65
  • Tax Annual Amount: $2230
  • On Market Date: 2024-08-17T00:00:00.000Z
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 $117,686 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $117,686!

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

Loan Breakdown

Assumed Mortgage4.62% Sellers Rate
$141,314
Your Cash$117,686
Total Purchase Price:$259,000

Assumed vs Traditional Mortgage

Assumed @ 4.62%
$807/mo
Traditional @ 7.5%
$1,100/mo
You save $293/month ($3,518/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6587946

Listing From: northstar

Last updated: 2024-10-08T14:11:02.000Z

© , 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

4.62%
7.15%

Principal & Interest

$807 /mo
$1,060 /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 $117,686 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $117,686!

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

Loan Breakdown

Assumed Mortgage4.62% Sellers Rate
$141,314
Your Cash$117,686
Total Purchase Price:$259,000

Assumed vs Traditional Mortgage

Assumed @ 4.62%
$807/mo
Traditional @ 7.5%
$1,100/mo
You save $293/month ($3,518/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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