Dan Kaercher

Dan Kaercher

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Closed

$369,500

($227,657 down)
FHA

926 W 61st Street, Minneapolis, MN 55419

4
2
1,752 sqft
PITI Monthly
$1,501.7 /mo

Listing courtesy of: , Coldwell Banker Realty

Assumed Rate

3.45%
7.15%

Principal & Interest

$860 /mo
$1,301 /mo

What's Special

SHOPPING
SPACIOUS
FINISHED BASEMENT
CUL-DE-SAC
CHARMING

This spacious 1961 rambler is absolutely charming and features many smart updates. Located in a rare South Minneapolis cul-de-sac, this quiet corner neighborhood feels like a well kept secret. Near the border of West Richfield and a stone's throw away from Edina you're minutes from convenient shopping, parks and tons of activities. The home features large, updated South facing windows, oak woodwork throughout, three bedrooms on the main level and a sprawling finished basement area with a fourth bedroom and its own half bath. Enjoy the ease of an oversized, double garage and your own long, private concrete driveway. Some updates include a new roof, storm door, and exterior paint this year, new Bonfe furnace and air conditioner in 2019 and new attic insulation in 2014. Don’t miss this turn-key opportunity!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.45
Remaining Loan Term
18 years, 2 months
Monthly PITI
$1,501.7/mo
Estimated Loan Balance
$143,191
Cash to close
$227,657
Interest Paid
$68,539

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Engineered Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link, Partial, Wood
Roof
  • Roof: Age 8 Years or Less, Architectural Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • 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
  • Engineered Wood
  • Roof: Age 8 Years or Less, Architectural Shingle
Condition
  • Year Built: 1961
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Olins Add
  • Features: Doors 36"+
HOA
  • Has HOA: No
Location
  • Region: Minneapolis

Financial Details

  • Price per Sqft: $210.9
  • Tax Annual Amount: $4266
  • On Market Date: 2024-09-10T00:00:00.000Z
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 $227,657 (62%)
You can enter any amount below - secondary financing will cover the difference if needed.
62%
$

You cover the entire equity of $227,657!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$141,843
Your Cash:$227,657
Total Purchase Price:$369,500

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$860/mo
Traditional @ 7.5%
$1,350/mo
You save $490/month ($5,880/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6599238

Listing From: northstar

Last updated: 2024-12-27T18:48:02.000Z

© , 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

3.45%
7.15%

Principal & Interest

$860 /mo
$1,301 /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 $227,657 (62%)
You can enter any amount below - secondary financing will cover the difference if needed.
62%
$

You cover the entire equity of $227,657!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$141,843
Your Cash:$227,657
Total Purchase Price:$369,500

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$860/mo
Traditional @ 7.5%
$1,350/mo
You save $490/month ($5,880/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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