Dan Kaercher

Dan Kaercher

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Pending

$370,000

($83,717 down)
FHA

7486 Jeffery Lane S, Cottage Grove, MN 55016

4
2
2,104 sqft
PITI Monthly
$2,022.11 /mo

Listing courtesy of: , eXp Realty

Assumed Rate

2.89%
7.15%

Principal & Interest

$1,306 /mo
$2,122 /mo

What's Special

ENTERTAINMENT
DINING
SPACIOUS
FIREPLACE
DECK

New paint in bedrooms! This lovely rambler offers an inviting open floor plan without sacrificing privacy; separate rooms all within steps of each other including your kitchen with informal eat-in area, spacious living room with a wood burning fireplace, and formal dining room with French doors featuring a mini bar. The 2 main level bedrooms have lots of natural light and storage. Making your way to the lower level reveals a large living area that can be customized to suit your needs whether that’s an entertainment area, a study or craft area, or all three! Convenience is key - no need to go upstairs to use the restroom as the lower level has a ¾ bathroom, and 2 additional bedrooms. A summer oasis in your backyard! Imagine BBQs on the deck while escaping the MN summers in the above ground pool. Too many pool noodles and donuts? No problem, store them in the shed! This house perfectly blends comfort and style, making it a great choice for those who love to entertain or simply relax in their own space. Don't miss the opportunity to make this your forever home—come see it before it’s gone!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.89
Remaining Loan Term
25 years, 9 months
Monthly PITI
$2,022.11/mo
Estimated Loan Balance
$291,766
Cash to close
$83,717
Interest Paid
$36,837

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Block
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Unknown
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: Above Ground

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Block
  • Roof: Unknown
Condition
  • Year Built: 1984
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Pinetree Pond East 3rd Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Cottage Grove

Financial Details

  • Price per Sqft: $175.86
  • Tax Annual Amount: $4121
  • On Market Date: 2025-01-16T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $83,717 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $83,717!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$286,283
Your Cash$83,717
Total Purchase Price:$370,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,306/mo
Traditional @ 7.5%
$2,201/mo
You save $895/month ($10,742/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6647756

Listing From: northstar

Last updated: 2025-03-22T03:22:03.000Z

© , 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

2.89%
7.15%

Principal & Interest

$1,306 /mo
$2,122 /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 $83,717 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $83,717!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$286,283
Your Cash$83,717
Total Purchase Price:$370,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,306/mo
Traditional @ 7.5%
$2,201/mo
You save $895/month ($10,742/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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