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OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
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Closed
Closed

$367,000

($110,353 down)
VA

40 Alva Court, Waconia, MN 55387

6
2
2,324 sqft
PITI Monthly
$1,991.4 /mo

Listing courtesy of: , eXp Realty

Assumed Rate

4.55%
7.15%

Principal & Interest

$1,458 /mo
$1,932 /mo
$79,902 in interest paid off

What's Special

SERENE
MODERN
HOME OFFICE
LANDSCAPED
CUL-DE-SAC
Welcome to your dream home on a peaceful cul-de-sac! This 6 bedroom, 2 bathroom home with a 3 car garage offers the perfect blend of comfort.
Step inside to find a bright and open floor plan that is perfect for hosting family and friends. The modern kitchen is a chef's delight with sleek
countertops and ample storage space. The additional are ideal for all guests or a home office. Enjoy the convenience of two full bathrooms, each
elegantly designed for your comfort. Step outside to the beautifully landscaped backyard where you can host outdoor gatherings or simpl... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
4.55
Remaining Loan Term
23 years, 6 months
Monthly PITI
$1,991.4/mo
Estimated Loan Balance
$313,137
Cash to close
$110,353
Interest Paid
$79,902

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 6
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • 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
  • Vinyl Siding
  • Roof: Unknown
Condition
  • Year Built: 1995
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $157.92
  • Tax Annual Amount: $4604
  • On Market Date: Jul 04, 2024
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Savings Calculator

Current cash to close is $110,353 (30%)
You can enter any amount below - secondary financing will cover the difference if needed.
30%
$
0%20%50%

You cover the entire equity of $110,353!

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

Loan Breakdown

Assumed Mortgage4.55% Sellers Rate
$256,647
Your Cash$110,353
Total Purchase Price:$367,000

Assumed vs Traditional Mortgage

Assumed @ 4.55%
$1,458/mo
Traditional @ 7.15%
$2,004/mo
You save $546/month ($6,553/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6564386

Listing From: northstar

Last updated: Dec 02, 2024 12:57pm

© 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

4.55%
7.15%

Principal & Interest

$1,458 /mo
$1,932 /mo
$79,902 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 $110,353 (30%)
You can enter any amount below - secondary financing will cover the difference if needed.
30%
$
0%20%50%

You cover the entire equity of $110,353!

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

Loan Breakdown

Assumed Mortgage4.55% Sellers Rate
$256,647
Your Cash$110,353
Total Purchase Price:$367,000

Assumed vs Traditional Mortgage

Assumed @ 4.55%
$1,458/mo
Traditional @ 7.15%
$2,004/mo
You save $546/month ($6,553/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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