Dan Kaercher

Dan Kaercher

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Closed

$305,000

($28,337 down)
FHA

700 3rd Avenue NW, Byron, MN 55920

4
2
1,867 sqft
PITI Monthly
$2,264.13 /mo

Listing courtesy of: , Keller Williams Premier Realty

Assumed Rate

5.22%
7.15%

Principal & Interest

$1,572 /mo
$1,930 /mo

What's Special

MODERN
COZY

The home's design works well for both everyday living and entertaining. Modern amenities complement the cozy cabin feel of the main level living. Large windows bring in natural light and offer views of the peaceful neighborhood. The corner lot provides extra outdoor space, perfect for gardening or family activities. This Byron home offers the perfect blend of small-town charm and modern comfort, ideal for creating lasting memories.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.22
Remaining Loan Term
27 years, 8 months
Monthly PITI
$2,264.13/mo
Estimated Loan Balance
$285,384
Cash to close
$28,337
Interest Paid
$34,237

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age 8 Years or Less, Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • 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
  • Brick/Stone, Vinyl Siding
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 1988
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Brook Lawn Estates 2nd
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Byron

Financial Details

  • Price per Sqft: $163.36
  • Tax Annual Amount: $4072
  • On Market Date: 2025-01-27T00:00:00.000Z
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 $28,337 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $28,337!

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

Loan Breakdown

Assumed Mortgage5.22% Sellers Rate
$276,663
Your Cash$28,337
Total Purchase Price:$305,000

Assumed vs Traditional Mortgage

Assumed @ 5.22%
$1,572/mo
Traditional @ 7.5%
$2,002/mo
You save $429/month ($5,151/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6653296

Listing From: northstar

Last updated: 2025-03-03T14:32:03.000Z

© , 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

5.22%
7.15%

Principal & Interest

$1,572 /mo
$1,930 /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 $28,337 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $28,337!

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

Loan Breakdown

Assumed Mortgage5.22% Sellers Rate
$276,663
Your Cash$28,337
Total Purchase Price:$305,000

Assumed vs Traditional Mortgage

Assumed @ 5.22%
$1,572/mo
Traditional @ 7.5%
$2,002/mo
You save $429/month ($5,151/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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