Dan Kaercher

Dan Kaercher

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Closed

$280,000

($181,446 down)
FHA

720 Water Court, Cannon Falls, MN 55009

3
2
1,727 sqft
PITI Monthly
$1,647.25 /mo

Listing courtesy of: , Savvy Avenue, LLC

Assumed Rate

3.39%
7.15%

Principal & Interest

$1,133 /mo
$1,448 /mo

What's Special

LOCATION
SPACIOUS
MODERN
FINISHED BASEMENT
CUL-DE-SAC
CHARMING

Nestled in a cul-de-sac near Cannon Falls High School and Cannon Falls Elementary School this charming 3-bedroom, 2 bathroom house, built in 1969, offers a perfect blend of vintage character and modern convenience. With 1,727 finished square feet and a partial finished basement, there’s plenty of space for living, working, and storage. In addition to a spacious double-car garage with built in cabinets, the property includes a shed for extra storage. The large, well-maintained lot offers space for outdoor activities or future landscaping projects. Don't miss out on this opportunity to own this beautiful property in a prime Cannon Falls location!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.39
Remaining Loan Term
7 years, 11 months
Monthly PITI
$1,647.25/mo
Estimated Loan Balance
$151,080
Cash to close
$181,446
Interest Paid
$30,890

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Metal Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces:
Water
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Metal Siding
  • Roof: Asphalt
Condition
  • Year Built: 1969
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $162.13
  • Tax Annual Amount: $3018
  • On Market Date: 2024-10-11T00:00:00.000Z
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 $181,446 (65%)
You can enter any amount below - secondary financing will cover the difference if needed.
65%
$

You cover the entire equity of $181,446!

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

Loan Breakdown

Assumed Mortgage3.39% Sellers Rate
$98,554
Your Cash:$181,446
Total Purchase Price:$280,000

Assumed vs Traditional Mortgage

Assumed @ 3.39%
$1,133/mo
Traditional @ 7.5%
$1,482/mo
You save $349/month ($4,189/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6615365

Listing From: northstar

Last updated: 2024-12-02T19:52:02.000Z

© , 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

3.39%
7.15%

Principal & Interest

$1,133 /mo
$1,448 /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 $181,446 (65%)
You can enter any amount below - secondary financing will cover the difference if needed.
65%
$

You cover the entire equity of $181,446!

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

Loan Breakdown

Assumed Mortgage3.39% Sellers Rate
$98,554
Your Cash:$181,446
Total Purchase Price:$280,000

Assumed vs Traditional Mortgage

Assumed @ 3.39%
$1,133/mo
Traditional @ 7.5%
$1,482/mo
You save $349/month ($4,189/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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