Dan Kaercher

Dan Kaercher

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Pending

$275,000

($125,199 down)
FHA

8870 Cottonwood Lane N, Maple Grove, MN 55369

2
2
1,544 sqft
PITI Monthly
$1,284.08 /mo

Listing courtesy of: , eXp Realty

Assumed Rate

3.62%
7.15%

Principal & Interest

$760 /mo
$1,126 /mo

What's Special

SHOPPING
DINING
SPACIOUS
RENOVATED
FIREPLACE
PATIO
COZY

This beautifully updated, rare end-unit townhome is a must-see! Step inside to a bright, light-filled main level featuring all-new LVP flooring and lighting. The foyer leads to a convenient laundry room, and the attached garage comes with EV-ready wiring for added convenience. The spacious living room offers a cozy corner fireplace, while the dining area flows seamlessly into the kitchen, with an abundance of cabinet storage and stainless steel premium appliances. The upper level features a versatile loft/office space, two spacious bedrooms, and a fully renovated full bathroom with a unique skylight feature that brings in extra natural light! Additional updates include new interior doors, new driveway and apron, and a new furnace. The roof, gutters, and patio door have all been replaced within the last 5 years. Enjoy plenty of green space and common ground right off your private back patio. Conveniently located near tons of shopping, dining, and parks.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.62
Remaining Loan Term
24 years, 11 months
Monthly PITI
$1,284.08/mo
Estimated Loan Balance
$150,413
Cash to close
$125,199
Interest Paid
$29,164

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Living Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Asphalt
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: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Townhouse Side x Side
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Asphalt
Condition
  • Year Built: 1985
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Energy Hills
  • Features: None
HOA
  • Has HOA: Yes
  • HOA Name: RowCal Management
  • HOA Amenities: Unknown
  • HOA Fee: $390
  • HOA Frequency: $Monthly
Location
  • Region: Maple Grove

Financial Details

  • Price per Sqft: $178.11
  • Tax Annual Amount: $3077
  • On Market Date: 2025-02-24T00:00:00.000Z
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 $125,199 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $125,199!

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

Loan Breakdown

Assumed Mortgage3.62% Sellers Rate
$149,801
Your Cash$125,199
Total Purchase Price:$275,000

Assumed vs Traditional Mortgage

Assumed @ 3.62%
$760/mo
Traditional @ 7.5%
$1,168/mo
You save $408/month ($4,896/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6651122

Listing From: northstar

Last updated: 2025-03-18T20:05:04.000Z

© , 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

3.62%
7.15%

Principal & Interest

$760 /mo
$1,126 /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 $125,199 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $125,199!

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

Loan Breakdown

Assumed Mortgage3.62% Sellers Rate
$149,801
Your Cash$125,199
Total Purchase Price:$275,000

Assumed vs Traditional Mortgage

Assumed @ 3.62%
$760/mo
Traditional @ 7.5%
$1,168/mo
You save $408/month ($4,896/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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