Dan Kaercher

Dan Kaercher

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Closed

$447,900

($318,295 down)
FHA

8592 Elk Avenue, Monticello, MN 55362

5
3
2,640 sqft
PITI Monthly
$1,371.99 /mo

Listing courtesy of: , Keller Williams Classic Realty

Assumed Rate

3.6%
7.15%

Principal & Interest

$811 /mo
$1,205 /mo

What's Special

REMODELED
SPACIOUS
MODERN
GRANITE COUNTERTOPS
VAULTED CEILINGS
WALK-IN CLOSET
DECK
LANDSCAPED
CHARMING

Welcome to this beautifully remodeled 5-bedroom, 3-bathroom home, a true gem that promises to impress. As you enter, you’re greeted by a spacious foyer, leading you into a modern, fully updated living space. The main level boasts vaulted ceilings, stylish LVP flooring, enameled cabinetry, granite countertops, and a chic ceramic backsplash. The hallway guides you to three generous bedrooms, including a luxurious primary suite. This suite features a walk-in closet and a beautifully remodeled bathroom with a large tile shower. The lower level is designed for family fun and entertaining, featuring a recreation room and a spacious family room adorned with a decorative paneled wall. You’ll also find two additional bedrooms and a fully remodeled bathroom with a stylish tile shower. Don’t miss the charming play area tucked under the stairs, perfect for the younger members of your family. Outside, enjoy the benefits of a new roof, a beautifully landscaped and irrigated yard, a fenced backyard, and a large maintenance-free deck. The additional parking pad and heated garage ensure convenience and comfort, especially during cold winter days. Situated in a sought-after neighborhood with parks, trails, schools, restaurants, and retail nearby, this home showcases pride of ownership and is sure to impress. Don’t miss the chance to make this fully updated beauty your own!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.6
Remaining Loan Term
17 years, 7 months
Monthly PITI
$1,371.99/mo
Estimated Loan Balance
$240,383
Cash to close
$318,295
Interest Paid
$69,095

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick/Stone
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link, Full
Roof
  • Roof: Age 8 Years or Less, Asphalt, Pitched
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • 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
  • Brick/Stone
  • Roof: Age 8 Years or Less, Asphalt, Pitched
Condition
  • Year Built: 2007
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Hillside Farm 2nd Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Monticello

Financial Details

  • Price per Sqft: $169.66
  • Tax Annual Amount: $3418
  • On Market Date: 2024-08-14T00:00:00.000Z
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 $318,295 (71%)
You can enter any amount below - secondary financing will cover the difference if needed.
71%
$

You cover the entire equity of $318,295!

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

Loan Breakdown

Assumed Mortgage3.6% Sellers Rate
$129,605
Your Cash:$318,295
Total Purchase Price:$447,900

Assumed vs Traditional Mortgage

Assumed @ 3.6%
$811/mo
Traditional @ 7.5%
$1,249/mo
You save $439/month ($5,263/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6585236

Listing From: northstar

Last updated: 2024-10-10T19:26:02.000Z

© , 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

3.6%
7.15%

Principal & Interest

$811 /mo
$1,205 /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 $318,295 (71%)
You can enter any amount below - secondary financing will cover the difference if needed.
71%
$

You cover the entire equity of $318,295!

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

Loan Breakdown

Assumed Mortgage3.6% Sellers Rate
$129,605
Your Cash:$318,295
Total Purchase Price:$447,900

Assumed vs Traditional Mortgage

Assumed @ 3.6%
$811/mo
Traditional @ 7.5%
$1,249/mo
You save $439/month ($5,263/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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