Dan Kaercher

Dan Kaercher

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Closed

$179,900

($76,613 down)
FHA

723 River Avenue S, Sauk Rapids, MN 56379

2
1
1,056 sqft
PITI Monthly
$813.14 /mo

Listing courtesy of: , VoigtJohnson

Assumed Rate

2.81%
7.15%

Principal & Interest

$463 /mo
$760 /mo

What's Special

LOCATION
SPACIOUS
MOVE-IN READY
CHARMING
COZY

Nestled on a desirable corner lot in a quiet, friendly neighborhood, this charming 2-bedroom, 1-bath home is a perfect blend of character, comfort, and thoughtful updates. Lovingly maintained over the years, the property features a spacious detached garage, ideal for storage, a workshop, or even a creative space. Inside the home, you'll find a warm and inviting layout. Both bedrooms are located upstairs, providing privacy and a cozy retreat from the main living spaces. The bathroom has also been tastefully updated, combining functionality with contemporary elegance. The corner lot offers extra yard space, perfect for gardening, outdoor gatherings, or simply enjoying the outdoors. Benefit from updated furnace and water heater. Move-in ready, this home is an excellent opportunity for first-time buyers or those looking to downsize without compromising on charm, updates, or location.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.81
Remaining Loan Term
26 years, 2 months
Monthly PITI
$813.14/mo
Estimated Loan Balance
$104,603
Cash to close
$76,613
Interest Paid
$11,620

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
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: Partial
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
  • Vinyl Siding
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 1888
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Town Of Sauk Rapids
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Sauk Rapids

Financial Details

  • Price per Sqft: $170.36
  • Tax Annual Amount: $1446
  • On Market Date: 2025-01-27T00:00:00.000Z
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 $76,613 (43%)
You can enter any amount below - secondary financing will cover the difference if needed.
43%
$

You cover the entire equity of $76,613!

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

Loan Breakdown

Assumed Mortgage2.81% Sellers Rate
$103,287
Your Cash$76,613
Total Purchase Price:$179,900

Assumed vs Traditional Mortgage

Assumed @ 2.81%
$463/mo
Traditional @ 7.5%
$788/mo
You save $325/month ($3,904/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6651325

Listing From: northstar

Last updated: 2025-03-14T18:36:03.000Z

© , 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

2.81%
7.15%

Principal & Interest

$463 /mo
$760 /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 $76,613 (43%)
You can enter any amount below - secondary financing will cover the difference if needed.
43%
$

You cover the entire equity of $76,613!

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

Loan Breakdown

Assumed Mortgage2.81% Sellers Rate
$103,287
Your Cash$76,613
Total Purchase Price:$179,900

Assumed vs Traditional Mortgage

Assumed @ 2.81%
$463/mo
Traditional @ 7.5%
$788/mo
You save $325/month ($3,904/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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