Dan Kaercher

Dan Kaercher

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Pending

$347,900

($62,887 down)
FHA

875 25th Street NE, Owatonna, MN 55060

4
2
2,080 sqft
PITI Monthly
$2,503.87 /mo

Listing courtesy of: , Coldwell Banker Realty

Assumed Rate

6.36%
7.15%

Principal & Interest

$1,816 /mo
$1,970 /mo

What's Special

DINING
SPACIOUS
LUXURY
DECK
WALKING TRAILS

You will fall in love with this beautiful, spacious, move in ready home! Located on the NE side, enjoy easy access to schools (walk to McKinley Elementary), parks, and walking trails, not to mention a quick access to I-35! Large windows on both levels bring the sunshine in and make the home bright and airy, while the open floor plan gives a seamless flow between kitchen, dining and living rooms. The designer colors, stainless appliances, and new luxury vinyl plank flooring creates a welcome stylish space for living and entertaining! The primary bedroom boasts a pass through to the bathroom, and the lower bathroom offers a jetted tub. Two bedrooms as well as a generous living space on each floor offers the opportunity for separate activities. The backyard is fully fenced for your furry friends, and the large deck provides outdoor dining space! Of course the desirable 3 car garage is a dream!! There are lots of updates in this home as well in 2024 such as new stainless range, wooden blinds in the living room, new LVP in kitchen, living and dining area, new double garage door, new gutters, new digital thermostat, newer water heater, new kitchen faucet and more! The roof was new in 2016. There is really nothing to do with this home but move in and enjoy! Welcome Home!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.36
Remaining Loan Term
27 years, 11 months
Monthly PITI
$2,503.87/mo
Estimated Loan Balance
$286,518
Cash to close
$62,887
Interest Paid
$38,191

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick/Stone, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link
Roof
  • Roof: Asphalt
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, Vinyl Siding
  • Roof: Asphalt
Condition
  • Year Built: 2003
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Owatonna

Financial Details

  • Price per Sqft: $167.26
  • Tax Annual Amount: $3970
  • On Market Date: 2025-01-09T00:00:00.000Z
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 $62,887 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $62,887!

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

Loan Breakdown

Assumed Mortgage6.36% Sellers Rate
$285,013
Your Cash$62,887
Total Purchase Price:$347,900

Assumed vs Traditional Mortgage

Assumed @ 6.36%
$1,816/mo
Traditional @ 7.5%
$1,970/mo
You save $154/month ($1,844/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6647105

Listing From: northstar

Last updated: 2025-03-07T19:42:03.000Z

© , 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

6.36%
7.15%

Principal & Interest

$1,816 /mo
$1,970 /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 $62,887 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $62,887!

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

Loan Breakdown

Assumed Mortgage6.36% Sellers Rate
$285,013
Your Cash$62,887
Total Purchase Price:$347,900

Assumed vs Traditional Mortgage

Assumed @ 6.36%
$1,816/mo
Traditional @ 7.5%
$1,970/mo
You save $154/month ($1,844/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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