Dan Kaercher

Dan Kaercher

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Closed

$315,000

($156,721 down)
FHA

715 Spencer Street S, Shakopee, MN 55379

4
3
1,550 sqft
PITI Monthly
$1,386.9 /mo

Listing courtesy of: , TheMLSonline.com, Inc.

Assumed Rate

3.44%
7.15%

Principal & Interest

$858 /mo
$1,300 /mo

What's Special

REMODELED
SPACIOUS
MODERN
PRIVATE BACKYARD
PLAYGROUND
CHARMING
COZY

Beautifully Updated Home in Shakopee! Discover this inviting home in a peaceful Shakopee neighborhood, perfect for those seeking comfort and style. This property has been meticulously updated, featuring a newly remodeled kitchen with modern finishes, one remodeled bathroom out of the three, and a spacious two-car garage with a long driveway for ample parking. The exterior shines with fresh updates, including new shutters, accent paint, gray-trimmed windows, and solar lights to highlight the charming curb appeal. The private backyard is ideal for relaxing and entertaining, complete with a garden bed and a cozy fire pit. Just around the corner, you’ll find a playground, adding a convenient outdoor space for play and leisure. With its thoughtful updates and peaceful surroundings, this home is ready to welcome you. Schedule your showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.44
Remaining Loan Term
21 years, 6 months
Monthly PITI
$1,386.9/mo
Estimated Loan Balance
$160,679
Cash to close
$156,721
Interest Paid
$51,288

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Stucco, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age Over 8 Years, 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
  • Stucco, Wood Siding
  • Roof: Age Over 8 Years, Asphalt
Condition
  • Year Built: 1950
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $203.23
  • Tax Annual Amount: $2914
  • On Market Date: 2024-11-13T00:00:00.000Z
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 $156,721 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$

You cover the entire equity of $156,721!

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

Loan Breakdown

Assumed Mortgage3.44% Sellers Rate
$158,279
Your Cash$156,721
Total Purchase Price:$315,000

Assumed vs Traditional Mortgage

Assumed @ 3.44%
$858/mo
Traditional @ 7.5%
$1,348/mo
You save $491/month ($5,886/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6631062

Listing From: northstar

Last updated: 2025-01-09T16:23:02.000Z

© , 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

3.44%
7.15%

Principal & Interest

$858 /mo
$1,300 /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 $156,721 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$

You cover the entire equity of $156,721!

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

Loan Breakdown

Assumed Mortgage3.44% Sellers Rate
$158,279
Your Cash$156,721
Total Purchase Price:$315,000

Assumed vs Traditional Mortgage

Assumed @ 3.44%
$858/mo
Traditional @ 7.5%
$1,348/mo
You save $491/month ($5,886/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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