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OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
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Closed
Closed

$255,000

($67,011 down)
VA

506 Borgerding Avenue, Belgrade, MN 56312

4
3
3,610 sqft
PITI Monthly
$1,293.37 /mo

Listing courtesy of: , Realty Group Inc.

Assumed Rate

3.06%
7.15%

Principal & Interest

$858 /mo
$1,365 /mo
$23,232 in interest paid off

What's Special

ENTERTAINMENT
SPACIOUS
Don't miss out on this spacious house and large yard located on the edge of town! Highlights of this house include insulated attached garage and an
ADDITIONAL attached garage, main floor laundry, 2 main floor bedrooms, 2 HUGE bedrooms upstairs, entertainment room and separate office in
basement! And don't forget to check out how much driveway space there is, talk about parking for days! Contact me today to set up a showing!
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.06
Remaining Loan Term
26 years, 1 months
Monthly PITI
$1,293.37/mo
Estimated Loan Balance
$188,744
Cash to close
$67,011
Interest Paid
$23,232

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Steel Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
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: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Steel Siding
  • Roof: Unknown
Condition
  • Year Built: 1978
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Schmidt-Olson Sub
  • Features: Other
HOA
  • Has HOA: No
Location
  • Region: Belgrade

Financial Details

  • Price per Sqft: $70.64
  • Tax Annual Amount: $3420
  • On Market Date: Jun 05, 2024
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Savings Calculator

Current cash to close is $67,011 (26%)
You can enter any amount below - secondary financing will cover the difference if needed.
26%
$
0%20%50%

You cover the entire equity of $67,011!

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

Loan Breakdown

Assumed Mortgage3.06% Sellers Rate
$187,989
Your Cash$67,011
Total Purchase Price:$255,000

Assumed vs Traditional Mortgage

Assumed @ 3.06%
$858/mo
Traditional @ 7.15%
$1,415/mo
You save $557/month ($6,685/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6547491

Listing From: northstar

Last updated: Nov 26, 2024 12:42am

© 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

3.06%
7.15%

Principal & Interest

$858 /mo
$1,365 /mo
$23,232 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 $67,011 (26%)
You can enter any amount below - secondary financing will cover the difference if needed.
26%
$
0%20%50%

You cover the entire equity of $67,011!

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

Loan Breakdown

Assumed Mortgage3.06% Sellers Rate
$187,989
Your Cash$67,011
Total Purchase Price:$255,000

Assumed vs Traditional Mortgage

Assumed @ 3.06%
$858/mo
Traditional @ 7.15%
$1,415/mo
You save $557/month ($6,685/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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