Dan Kaercher

Dan Kaercher

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Closed

$299,900

($101,351 down)
FHA

622 1st Avenue SE, Baudette, MN 56623

3
1
1,152 sqft
PITI Monthly
$1,612.11 /mo

Listing courtesy of: , Reed Realty

Assumed Rate

4.98%
7.15%

Principal & Interest

$1,104 /mo
$1,393 /mo

What's Special

SHOPPING
RENOVATED
DECK

Incredible opportunity to own a renovated home on the Baudette River with 200' of frontage! This 3bed/1 bath offers a fully renovated interior with nothing left behind. This extensive remodel included flooring, sheetrock, cabinets, appliances, light fixtures, full bathroom update and much more. On top of that, this property is walking distance to the hospital, hockey arenas, parks, and shopping. There is a 2 car detached garage with a 240 sf heated workshop and a large yard with a deck facing the river to enjoy the gorgeous sunrises or enjoy a bonfire overlooking the water.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.98
Remaining Loan Term
27 years, 2 months
Monthly PITI
$1,612.11/mo
Estimated Loan Balance
$199,660
Cash to close
$101,351
Interest Paid
$28,489

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air
Features
  • Materials: Fiber Board
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Private Sewer
  • 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
  • Fiber Board
  • Roof: Asphalt
Condition
  • Year Built: 1965
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Baudette

Financial Details

  • Price per Sqft: $260.33
  • Tax Annual Amount: $2540
  • On Market Date: 2024-11-02T00:00:00.000Z
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 $101,351 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$

You cover the entire equity of $101,351!

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

Loan Breakdown

Assumed Mortgage4.98% Sellers Rate
$198,549
Your Cash$101,351
Total Purchase Price:$299,900

Assumed vs Traditional Mortgage

Assumed @ 4.98%
$1,104/mo
Traditional @ 7.5%
$1,445/mo
You save $340/month ($4,082/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6626509

Listing From: northstar

Last updated: 2024-11-07T18:33:02.000Z

© , 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

4.98%
7.15%

Principal & Interest

$1,104 /mo
$1,393 /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 $101,351 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$

You cover the entire equity of $101,351!

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

Loan Breakdown

Assumed Mortgage4.98% Sellers Rate
$198,549
Your Cash$101,351
Total Purchase Price:$299,900

Assumed vs Traditional Mortgage

Assumed @ 4.98%
$1,104/mo
Traditional @ 7.5%
$1,445/mo
You save $340/month ($4,082/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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