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OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
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Closed
Closed

$209,900

($24,210 down)
FHA

16145 72nd Street NE, Otsego, MN 55330

2
2
996 sqft
PITI Monthly
$1,332.04 /mo

Listing courtesy of: , RE/MAX Results

Assumed Rate

3.45%
7.15%

Principal & Interest

$872 /mo
$1,320 /mo
$20,698 in interest paid off

What's Special

DINING
SPACIOUS
MODERN
FIREPLACE
PATIO
COZY
Welcome to this inviting 2-bedroom, 2-bath end unit home, perfectly situated in the vibrant and rapidly growing area of Otsego, just off of 101. This
delightful property boasts a spacious, oversized one-stall garage with extra storage space for all your needs. Step inside to discover a warm and
welcoming main level featuring elegant engineered wood floors throughout. The cozy living room is highlighted by a gas fireplace, creating a perfect
setting for relaxing or entertaining. The kitchen is a highlight, with a dining area and a patio door that opens directly to your private patio... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.45
Remaining Loan Term
26 years, 10 months
Monthly PITI
$1,332.04/mo
Estimated Loan Balance
$206,626
Cash to close
$24,210
Interest Paid
$20,698

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Fireplace(s)
Features
  • Materials: Other
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, Living Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • 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
  • Other
  • Roof: Asphalt
Condition
  • Year Built: 2002
Details
  • Builder:

Community & HOA

Community
  • Subdivision: The Pointe Village Homes Cic39 Co
  • Features: None
HOA
  • Has HOA: Yes
  • HOA Name: Cities Management
  • HOA Amenities: Unknown
  • HOA Fee: $230
  • HOA Frequency: $Monthly
Location
  • Region: Otsego

Financial Details

  • Price per Sqft: $210.74
  • Tax Annual Amount: $2182
  • On Market Date: Aug 28, 2024
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Savings Calculator

Current cash to close is $24,210 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$
0%20%50%

You cover the entire equity of $24,210!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$185,690
Your Cash$24,210
Total Purchase Price:$209,900

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$872/mo
Traditional @ 7.15%
$1,369/mo
You save $497/month ($5,963/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6592682

Listing From: northstar

Last updated: May 06, 2025 03:03pm

© 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

3.45%
7.15%

Principal & Interest

$872 /mo
$1,320 /mo
$20,698 in interest paid off
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 $24,210 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$
0%20%50%

You cover the entire equity of $24,210!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$185,690
Your Cash$24,210
Total Purchase Price:$209,900

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$872/mo
Traditional @ 7.15%
$1,369/mo
You save $497/month ($5,963/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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