Dan Kaercher

Dan Kaercher

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Closed

$320,000

($140,467 down)
FHA

730 Stinson Boulevard UNIT 205, Minneapolis, MN 55413

1
1
1,082 sqft
PITI Monthly
$2,328.69 /mo

Listing courtesy of: , Keller Williams Realty Integrity Lakes

Assumed Rate

6.5%
7.15%

Principal & Interest

$1,667 /mo
$1,782 /mo

What's Special

OPEN CONCEPT
SHOPPING
DINING
SPACIOUS
MODERN
GRANITE COUNTERTOPS
SOAKING TUB
PATIO
BALCONY
PET-FRIENDLY
COZY
EFFICIENT

Experience the perfect blend of history and modern industrial design at CW Lofts, set in the iconic Cream of Wheat building! This stunning south-facing condo boasts soaring floor-to-ceiling windows and a rare, expansive 20x20 patio with breathtaking downtown Minneapolis views-perfect for enjoying fireworks from your own private space. Large enough for lounging and dining, you'll spend all summer relaxing in your private oasis. Inside, you'll find a spacious bedroom with a custom closet system for maximum organization. The full bath features an oversized soaking tub, ideal for unwinding after a long day. The efficient laundry room offers extra storage, making everyday living a breeze. The sleek kitchen is equipped with ample storage, granite countertops, and newer stainless steel appliances. The large open concept living/dining/kitchen allows for endless design opportunities and configurations. Surrounded by lush green space, the community offers a designated dog park, community gardens, and a cozy firepit area. The community room, business center, and 2nd-floor community balcony provide fantastic gathering spots. Pet-friendly (limit of two and large dogs are ok) and conveniently located just minutes from shopping, dining, and parks and the University of Minnesota!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.5
Remaining Loan Term
13 years, 5 months
Monthly PITI
$2,328.69/mo
Estimated Loan Balance
$180,224
Cash to close
$140,467
Interest Paid
$246,853

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Central Air
  • Heating: Baseboard, Hot Water
Features
  • Materials: Brick/Stone
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • 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: High Rise
  • Architectural Style: Unknown
Materials
  • Brick/Stone
  • Roof: Unknown
Condition
  • Year Built: 1928
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Cic 1540 Cswy Lofts Condo
  • Features: Doors 36"+, Accessible Elevator Installed, No Stairs Internal
HOA
  • Has HOA: Yes
  • HOA Name: Gassen Management
  • HOA Amenities: Unknown
  • HOA Fee: $644
  • HOA Frequency: $Monthly
Location
  • Region: Minneapolis

Financial Details

  • Price per Sqft: $295.75
  • Tax Annual Amount: $3892
  • On Market Date: 2025-02-21T00:00:00.000Z
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 $140,467 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $140,467!

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

Loan Breakdown

Assumed Mortgage6.5% Sellers Rate
$179,533
Your Cash$140,467
Total Purchase Price:$320,000

Assumed vs Traditional Mortgage

Assumed @ 6.5%
$1,667/mo
Traditional @ 7.5%
$1,848/mo
You save $181/month ($2,169/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6646620

Listing From: northstar

Last updated: 2025-03-11T20:56:05.000Z

© , 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

6.5%
7.15%

Principal & Interest

$1,667 /mo
$1,782 /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 $140,467 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $140,467!

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

Loan Breakdown

Assumed Mortgage6.5% Sellers Rate
$179,533
Your Cash$140,467
Total Purchase Price:$320,000

Assumed vs Traditional Mortgage

Assumed @ 6.5%
$1,667/mo
Traditional @ 7.5%
$1,848/mo
You save $181/month ($2,169/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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