Dan Kaercher

Dan Kaercher

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Closed

$315,000

($135,046 down)
FHA

702 7th Avenue SE, Barnesville, MN 56514

3
4
2,655 sqft
PITI Monthly
$1,688.12 /mo

Listing courtesy of: , REAL (3064 FGO)

Assumed Rate

4.47%
7.15%

Principal & Interest

$1,081 /mo
$1,446 /mo

What's Special

This 3,003 square feet, 3 bedroom, and 4 bathroom house in Barnesville is sure to impress! It sits on a large lot with a beautifully maintained yard. Upstairs the 16x20 sunroom is the perfect space to enjoy your morning coffee or relax with a good book. The basement features a large family room with two rooms that could be converted into additional bedrooms by adding egress windows, making this a 5 bedroom house! The double wide garage provides plenty of storage with a 10x14 workshop in the back. There are many updates that have been made, so you can move right in! Within the last handful of years there has been a new hot water heater, roof (in progress), flooring, washer and dryer, kitchen appliances, paint, and landscaping. To top it off, there are no special assessments remaining. Barnesville ranks within the top 5% in education for the state of Minnesota in multiple categories, making it the perfect place to raise a family. Schedule a showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.47
Remaining Loan Term
23 years, 2 months
Monthly PITI
$1,688.12/mo
Estimated Loan Balance
$191,433
Cash to close
$135,046
Interest Paid
$61,500

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Baseboard, Dual, Forced Air
Features
  • Materials: Brick/Stone, Log Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Wood Burning
  • Flooring: Laminate, Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Architecural Shingle
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, Log Siding
  • Roof: Architecural Shingle
Condition
  • Year Built: 1981
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Del Acres 4th Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Barnesville

Financial Details

  • Price per Sqft: $118.64
  • Tax Annual Amount: $3669
  • On Market Date: 2024-08-23T00:00:00.000Z
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 $135,046 (43%)
You can enter any amount below - secondary financing will cover the difference if needed.
43%
$

You cover the entire equity of $135,046!

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

Loan Breakdown

Assumed Mortgage4.47% Sellers Rate
$179,954
Your Cash$135,046
Total Purchase Price:$315,000

Assumed vs Traditional Mortgage

Assumed @ 4.47%
$1,081/mo
Traditional @ 7.5%
$1,500/mo
You save $419/month ($5,026/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6585094

Listing From: northstar

Last updated: 2024-09-13T22:51:02.000Z

© , 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

4.47%
7.15%

Principal & Interest

$1,081 /mo
$1,446 /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 $135,046 (43%)
You can enter any amount below - secondary financing will cover the difference if needed.
43%
$

You cover the entire equity of $135,046!

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

Loan Breakdown

Assumed Mortgage4.47% Sellers Rate
$179,954
Your Cash$135,046
Total Purchase Price:$315,000

Assumed vs Traditional Mortgage

Assumed @ 4.47%
$1,081/mo
Traditional @ 7.5%
$1,500/mo
You save $419/month ($5,026/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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