Dan Kaercher

Dan Kaercher

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Closed

$174,900

($54,388 down)
FHA

640 2nd Street, Granite Falls, MN 56241

3
2
1,268 sqft
PITI Monthly
$1,008.09 /mo

Listing courtesy of: , Edina Realty

Assumed Rate

2.98%
7.15%

Principal & Interest

$543 /mo
$872 /mo

What's Special

SPACIOUS
DECK

This is the cutest house in Granite Falls and it can be yours! 3 bed/2 bath; 1 bedroom and 1 full bath on the main floor, 2 bedrooms and a spacious and cute 3/4 bath on the upper floor. The basement provides extra space with a bright laundry room, complete with high-efficiency Samsung washer and dryer; you could even finish it off for extra living space. The shingles, vinyl siding, windows, flooring, doors, trim, electrical, bathrooms, stainless steel matching appliances, central air, plumbing, lighting, electrical box, radon mitigation system, 12x28 deck, fully fenced backyard with firepit and the single stall garage are less than 4 years old. So basically, a new house without new house price. Come check out this adorable house! The sellers have done the home inspection for you, so if you're looking to move quickly - this one is ready!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.98
Remaining Loan Term
26 years, 4 months
Monthly PITI
$1,008.09/mo
Estimated Loan Balance
$130,441
Cash to close
$54,388
Interest Paid
$13,567

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: Full, Privacy, Wood
Roof
  • Roof: Age 8 Years or Less, 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: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 1948
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Granite Falls
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Granite Falls

Financial Details

  • Price per Sqft: $137.93
  • Tax Annual Amount: $1737
  • On Market Date: 2024-09-05T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $54,388 (31%)
You can enter any amount below - secondary financing will cover the difference if needed.
31%
$

You cover the entire equity of $54,388!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$120,512
Your Cash$54,388
Total Purchase Price:$174,900

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$543/mo
Traditional @ 7.5%
$905/mo
You save $362/month ($4,339/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6597171

Listing From: northstar

Last updated: 2024-11-27T16:20:02.000Z

© , 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

2.98%
7.15%

Principal & Interest

$543 /mo
$872 /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 $54,388 (31%)
You can enter any amount below - secondary financing will cover the difference if needed.
31%
$

You cover the entire equity of $54,388!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$120,512
Your Cash$54,388
Total Purchase Price:$174,900

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$543/mo
Traditional @ 7.5%
$905/mo
You save $362/month ($4,339/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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