Dan Kaercher

Dan Kaercher

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Closed

$359,900

($133,881 down)
FHA

7756 Iverson Avenue S, Cottage Grove, MN 55016

3
2
1,811 sqft
PITI Monthly
$1,974.99 /mo

Listing courtesy of: , RE/MAX Results

Assumed Rate

4.47%
7.15%

Principal & Interest

$1,288 /mo
$1,724 /mo

What's Special

DINING
MODERN
STAINLESS STEEL APPLIANCES
WALK-IN CLOSET
FINISHED BASEMENT
HOME OFFICE
PATIO
QUIET NEIGHBORHOOD
CHARMING

***Offers received, 1:00 offer deadline 9/28, Open House Cancelled*** Welcome to this tastefully updated 3-bedroom, 2-bathroom rambler, nestled in a quiet neighborhood in the heart of Cottage Grove! This home has been well-loved and updated throughout. Step into the bright and inviting living space featuring large windows that flood the rooms with natural light. The functional kitchen has stainless steel appliances, perfect for culinary adventures, while the adjacent dining area offers sliding door access to the outdoor patio—ideal for barbecues and gatherings. The primary bedroom offers a walk-in closet and a built-in makeup vanity. Both bathrooms have been thoughtfully updated, and the quartz surfaces provide a fresh and modern feel. The finished basement adds valuable living space, perfect for a family room, game area, home office and additional storage. With one bedroom and ¾ bath down, you'll appreciate the attention to detail with 6-panel doors and other tasteful finishes throughout the home. Updates include newer A/C(2020), Furnace(2020), Softener(2019), Washer/Dryer(2022), LVP Flooring(2024). Step outside to your fenced-in backyard where you can unwind in privacy or let the pets play freely. Use the rear service door to access the attached 2-car heated and finished garage, which offers convenience for projects, outdoor gear and vehicles. Can’t forget the additional storage in the backyard shed. Don’t miss out on this incredible opportunity to own a move-in-ready home in this desirable neighborhood. Schedule your showing today and experience all that this charming home has to offer!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.47
Remaining Loan Term
23 years, 3 months
Monthly PITI
$1,974.99/mo
Estimated Loan Balance
$228,664
Cash to close
$133,881
Interest Paid
$72,489

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
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: Chain Link, Privacy
Roof
  • Roof: Age 8 Years or Less
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: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Age 8 Years or Less
Condition
  • Year Built: 1974
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Pinetree Pond 5th Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Cottage Grove

Financial Details

  • Price per Sqft: $198.73
  • Tax Annual Amount: $4269
  • On Market Date: 2024-09-16T00:00:00.000Z
Inquire about this property

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Savings Calculator

Current cash to close is $133,881 (37%)
You can enter any amount below - secondary financing will cover the difference if needed.
37%
$

You cover the entire equity of $133,881!

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

Loan Breakdown

Assumed Mortgage4.47% Sellers Rate
$226,019
Your Cash$133,881
Total Purchase Price:$359,900

Assumed vs Traditional Mortgage

Assumed @ 4.47%
$1,288/mo
Traditional @ 7.5%
$1,788/mo
You save $499/month ($5,992/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6603702

Listing From: northstar

Last updated: 2024-11-07T16:48:02.000Z

© , 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

4.47%
7.15%

Principal & Interest

$1,288 /mo
$1,724 /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 $133,881 (37%)
You can enter any amount below - secondary financing will cover the difference if needed.
37%
$

You cover the entire equity of $133,881!

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

Loan Breakdown

Assumed Mortgage4.47% Sellers Rate
$226,019
Your Cash$133,881
Total Purchase Price:$359,900

Assumed vs Traditional Mortgage

Assumed @ 4.47%
$1,288/mo
Traditional @ 7.5%
$1,788/mo
You save $499/month ($5,992/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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