Dan Kaercher

Dan Kaercher

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Closed

$160,000

($77,852 down)
FHA

912 18th Street S, Moorhead, MN 56560

N/A
N/A
4,304 sqft
PITI Monthly
$1,256.81 /mo

Listing courtesy of: , RE/MAX Legacy Realty

Assumed Rate

5.75%
7.15%

Principal & Interest

$687 /mo
$795 /mo

What's Special

4-plex by MSUM Lots of potential, All 4-Units need remodel completed, Currently setup with Owner pays Heat, water, sewer, garbage, 1-3-bedroom w/ 1-baths, Upper S.unit, Est. market rents potential when completed from $850mo.+ 1-3-bedroom w/ 2-baths Lower S. unit, Est. market rents potential when completed from $900mo.+ 1-2-Bedroom w/ 1 bath, Upper N. unit, Est. maket rents potential when completed from $700mo.+ 1-1-Bedroom w/ 1-bath, Lower N. unit, Est. market rents potential when completed from $600mo.+ 4-Detached garages,

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.75
Remaining Loan Term
14 years, 4 months
Monthly PITI
$1,256.81/mo
Estimated Loan Balance
$85,640
Cash to close
$77,852
Interest Paid
$91,799

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: Unknown
  • Heating: Boiler
Features
  • Materials: Brick/Stone, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age Over 8 Years, Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 4
  • 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: Quadruplex
  • Architectural Style: Unknown
Materials
  • Brick/Stone, Wood Siding
  • Roof: Age Over 8 Years, Asphalt
Condition
  • Year Built: 1962
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Romkey Park Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Moorhead

Financial Details

  • Price per Sqft: $37.17
  • Tax Annual Amount: $4037
  • On Market Date: 2024-10-04T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $77,852 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$

You cover the entire equity of $77,852!

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

Loan Breakdown

Assumed Mortgage5.75% Sellers Rate
$82,148
Your Cash$77,852
Total Purchase Price:$160,000

Assumed vs Traditional Mortgage

Assumed @ 5.75%
$687/mo
Traditional @ 7.5%
$825/mo
You save $138/month ($1,653/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6610972

Listing From: northstar

Last updated: 2025-01-18T08:02:02.000Z

© , 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

5.75%
7.15%

Principal & Interest

$687 /mo
$795 /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 $77,852 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$

You cover the entire equity of $77,852!

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

Loan Breakdown

Assumed Mortgage5.75% Sellers Rate
$82,148
Your Cash$77,852
Total Purchase Price:$160,000

Assumed vs Traditional Mortgage

Assumed @ 5.75%
$687/mo
Traditional @ 7.5%
$825/mo
You save $138/month ($1,653/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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