Dan Kaercher

Dan Kaercher

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Closed

$337,000

($139,182 down)
VA

7972 E Point Douglas Road S, Cottage Grove, MN 55016

3
2
1,722 sqft
PITI Monthly
$1,338.1 /mo

Listing courtesy of: , RE/MAX Advantage Plus

Assumed Rate

2.89%
7.15%

Principal & Interest

$903 /mo
$1,466 /mo

What's Special

REMODELED
DINING
SPACIOUS
FIREPLACE
DECK
CHARMING
COZY

Discover your dream home in the charming Cottage Grove area—this beautifully updated and meticulously maintained residence has been cherished by the same owners since 1989! As you step inside this inviting two-story home, you’ll be welcomed by a spacious living room featuring a cozy wood-burning fireplace, perfect for creating lasting memories with family and friends. Imagine hosting gatherings in the elegant formal dining room that seamlessly connects to a generous 23x17’ deck, ideal for entertaining in style! The kitchen, fully remodeled with stunning dark cabinetry, is a culinary enthusiast's delight, ready for you to whip up your favorite meals. Upstairs, you'll find three comfortable bedrooms and a well-appointed full bath, providing the perfect retreat for rest and relaxation. The lower level boasts a versatile 27x12 secondary family room, offering endless possibilities for your personal touch, along with ample storage space to keep your home organized and clutter-free. With all the love and care poured into this home over the years, the only thing you’ll need to do is move in and start enjoying the life you’ve always wanted. Don’t miss out on this incredible opportunity—make this Cottage Grove gem your own today!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.89
Remaining Loan Term
25 years, 7 months
Monthly PITI
$1,338.1/mo
Estimated Loan Balance
$198,667
Cash to close
$139,182
Interest Paid
$26,399

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Fireplace(s)
Features
  • Materials: Aluminum Siding, Brick/Stone
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Wood Burning
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link, Partial
Roof
  • Roof: Age 8 Years or Less, Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • 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
  • Aluminum Siding, Brick/Stone
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 1962
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Thompson Grove Estates 2nd Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Cottage Grove

Financial Details

  • Price per Sqft: $195.7
  • Tax Annual Amount: $3427
  • On Market Date: 2024-11-15T00:00:00.000Z
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 $139,182 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$

You cover the entire equity of $139,182!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$197,818
Your Cash$139,182
Total Purchase Price:$337,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$903/mo
Traditional @ 7.5%
$1,521/mo
You save $619/month ($7,422/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6631439

Listing From: northstar

Last updated: 2025-02-06T23:15:02.000Z

© , 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

2.89%
7.15%

Principal & Interest

$903 /mo
$1,466 /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 $139,182 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$

You cover the entire equity of $139,182!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$197,818
Your Cash$139,182
Total Purchase Price:$337,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$903/mo
Traditional @ 7.5%
$1,521/mo
You save $619/month ($7,422/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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