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OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
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Closed
Closed

$400,000

($237,030 down)
FHA

117 Mill Road, Waconia, MN 55387

4
2
2,140 sqft
PITI Monthly
$1,649.85 /mo

Listing courtesy of: , eXp Realty

Assumed Rate

6.82%
7.15%

Principal & Interest

$1,070 /mo
$1,106 /mo
$12,040 in interest paid off

What's Special

GREAT CURB APPEAL
DINING
SPACIOUS
MODERN
STAINLESS STEEL APPLIANCES
VAULTED CEILINGS
FINISHED BASEMENT
DECK
COZY
Welcome to this stunning 4-bedroom home in the heart of Waconia, Minnesota! From the moment you arrive, you're welcomed by great curb appeal
and inviting presence. Step inside to discover an open floor plan with vaulted ceilings, creating a spacious and airy atmosphere in the updated kitchen,
living, and dining areas. The modern kitchen is a chef's dream, featuring sleek black stainless steel appliances, stone countertops, and a large island,
perfect for meal prep and entertaining. With two bedrooms conveniently located on the main floor and two additional bedrooms in the fin... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.82
Remaining Loan Term
28 years, 11 months
Monthly PITI
$1,649.85/mo
Estimated Loan Balance
$163,397
Cash to close
$237,030
Interest Paid
$12,040

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Metal Siding, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • 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: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Metal Siding, Vinyl Siding
  • Roof: Unknown
Condition
  • Year Built: 2006
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Clearwater Mills
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Waconia

Financial Details

  • Price per Sqft: $186.92
  • Tax Annual Amount: $3764
  • On Market Date: Sep 25, 2024
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Savings Calculator

Current cash to close is $237,030 (59%)
You can enter any amount below - secondary financing will cover the difference if needed.
59%
$
0%20%50%

You cover the entire equity of $237,030!

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

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$162,970
Your Cash:$237,030
Total Purchase Price:$400,000

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$1,070/mo
Traditional @ 7.15%
$1,148/mo
You save $78/month ($930/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6586488

Listing From: northstar

Last updated: Oct 21, 2024 09:07pm

© 2025, 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

6.82%
7.15%

Principal & Interest

$1,070 /mo
$1,106 /mo
$12,040 in interest paid off
Inquire about this property
​
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​
​
​

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 $237,030 (59%)
You can enter any amount below - secondary financing will cover the difference if needed.
59%
$
0%20%50%

You cover the entire equity of $237,030!

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

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$162,970
Your Cash:$237,030
Total Purchase Price:$400,000

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$1,070/mo
Traditional @ 7.15%
$1,148/mo
You save $78/month ($930/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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