Dan Kaercher

Dan Kaercher

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Closed

$289,900

($158,829 down)
FHA

8790 Hamlet Avenue S, Cottage Grove, MN 55016

3
1
1,277 sqft
PITI Monthly
$1,263.23 /mo

Listing courtesy of: , Epique Realty

Assumed Rate

3.44%
7.15%

Principal & Interest

$718 /mo
$1,088 /mo

What's Special

DINING
SPACIOUS
FINISHED BASEMENT
CHARMING
COZY

The perfect home under $300k! This charming Cottage Grove rambler is cozy and updated. The spacious dining room features a breakfast bar, and the stunning bathroom highlights a beautifully tiled shower. Brand-new roof installed in 2024. Located directly across the street from 150 acre hamlet park, Cottage Groves largest park. The partially finished basement is already roughed in for a 4th bedroom and a large living area. Plus, this home is available with contract for deed or owner financing with just 10% down! Reach out to the listing agent for more details.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.44
Remaining Loan Term
21 years, 6 months
Monthly PITI
$1,263.23/mo
Estimated Loan Balance
$169,039
Cash to close
$158,829
Interest Paid
$42,912

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Aluminum Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link
Roof
  • Roof: Age 8 Years or Less
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: Yes
  • 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
  • Roof: Age 8 Years or Less
Condition
  • Year Built: 1959
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Thompsons Grove Add 05
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Cottage Grove

Financial Details

  • Price per Sqft: $227.02
  • Tax Annual Amount: $3378
  • On Market Date: 2025-03-05T00:00:00.000Z
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 $158,829 (55%)
You can enter any amount below - secondary financing will cover the difference if needed.
55%
$

You cover the entire equity of $158,829!

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

Loan Breakdown

Assumed Mortgage3.44% Sellers Rate
$131,071
Your Cash:$158,829
Total Purchase Price:$289,900

Assumed vs Traditional Mortgage

Assumed @ 3.44%
$718/mo
Traditional @ 7.5%
$1,128/mo
You save $410/month ($4,925/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6680000

Listing From: northstar

Last updated: 2025-03-11T19:14:03.000Z

© , 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

3.44%
7.15%

Principal & Interest

$718 /mo
$1,088 /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 $158,829 (55%)
You can enter any amount below - secondary financing will cover the difference if needed.
55%
$

You cover the entire equity of $158,829!

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

Loan Breakdown

Assumed Mortgage3.44% Sellers Rate
$131,071
Your Cash:$158,829
Total Purchase Price:$289,900

Assumed vs Traditional Mortgage

Assumed @ 3.44%
$718/mo
Traditional @ 7.5%
$1,128/mo
You save $410/month ($4,925/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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