Dan Kaercher

Dan Kaercher

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Closed

$315,000

($40,043 down)
FHA

999 Burton Street, Red Wing, MN 55066

3
3
1,600 sqft
PITI Monthly
$2,141.13 /mo

Listing courtesy of: , Draz Real Estate Inc.

Assumed Rate

4.98%
7.15%

Principal & Interest

$1,525 /mo
$1,923 /mo

What's Special

LOCATION
DINING
SPACIOUS
STAINLESS STEEL APPLIANCES
CHARMING
COZY

In the charming town of Red Wing, this multi-level home offers a perfect blend of comfort and convenience. With three spacious bedrooms and two bathrooms, it provides ample space for family living. The main floor features a nice kitchen with stainless steel appliances and spacious living room and dining room area. Lower level offers a cozy family room perfect for movie nights. One of the highlights of this property is the sun porch, a delightful spot to enjoy your morning coffee while overlooking the beautiful backyard. Laundry is located in the basement along with plenty of space for storage or to add another bedroom. The two-car garage ensures plenty of room for vehicles and storage. Additionally, the home's prime location allows for a pleasant walk into town, making it easy to enjoy all the local amenities and attractions.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.98
Remaining Loan Term
27 years, 2 months
Monthly PITI
$2,141.13/mo
Estimated Loan Balance
$276,100
Cash to close
$40,043
Interest Paid
$39,342

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Baseboard, Boiler
Features
  • Materials: Brick/Stone, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Age 8 Years or Less
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: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Brick/Stone, Vinyl Siding
  • Roof: Age 8 Years or Less
Condition
  • Year Built: 1972
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Glenview 2nd Ad
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Red Wing

Financial Details

  • Price per Sqft: $196.88
  • Tax Annual Amount: $3172
  • On Market Date: 2024-09-01T00:00:00.000Z
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 $40,043 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $40,043!

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

Loan Breakdown

Assumed Mortgage4.98% Sellers Rate
$274,957
Your Cash$40,043
Total Purchase Price:$315,000

Assumed vs Traditional Mortgage

Assumed @ 4.98%
$1,525/mo
Traditional @ 7.5%
$1,995/mo
You save $470/month ($5,637/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6592662

Listing From: northstar

Last updated: 2024-12-03T12:32:02.000Z

© , 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

4.98%
7.15%

Principal & Interest

$1,525 /mo
$1,923 /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 $40,043 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $40,043!

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

Loan Breakdown

Assumed Mortgage4.98% Sellers Rate
$274,957
Your Cash$40,043
Total Purchase Price:$315,000

Assumed vs Traditional Mortgage

Assumed @ 4.98%
$1,525/mo
Traditional @ 7.5%
$1,995/mo
You save $470/month ($5,637/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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