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$450,000

($168,454 down)
VA

6669 Homestead Avenue Court S, Cottage Grove, MN 55016

4
3
2,166 sqft
PITI Monthly
$2,101.61 /mo

Listing courtesy of: , Engel & Volkers Minneapolis Blaine

Assumed Rate

4.07%
7.15%

Principal & Interest

$1,527 /mo
$2,142 /mo

What's Special

REMODELED
FENCED YARD
CUL-DE-SAC

This Cottage Grove cul-de-sac gem is what dreams are made of! Four bedrooms, three baths, and 2,166 square feet of fabulous living space. A full owners suite on the main level! The star of the show? An INGROUND HEATED POOL that screams "vacation at home!" Previous owners kept this place spotless with stylish upgrades including newer stainless appliances and fresh carpeting. Fully remodeled in 2021! The fully fenced yard on just under .5 acres is perfect for pets and play! New roof in 2023, new gutters in 2024, new pool liner in 2024, new siding and roof on pool house in 2024. Don't miss your chance to call this stunner home! At $450k this isn't just a house—it's a lifestyle upgrade! Make it yours before someone else does! ??

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
4.07
Remaining Loan Term
24 years, 2 months
Monthly PITI
$2,101.61/mo
Estimated Loan Balance
$284,377
Cash to close
$168,454
Interest Paid
$71,295

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick/Stone, Fiber Cement, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Wood Burning
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Privacy
Roof
  • Roof: Age 8 Years or Less, Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 4
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Pool
  • Has Pool: No
  • Pool Features: Below Ground

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Brick/Stone, Fiber Cement, Vinyl Siding
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 1978
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Highlands 2nd Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Cottage Grove

Financial Details

  • Price per Sqft: $207.76
  • Tax Annual Amount: $5097
  • On Market Date: 2025-04-23T00:00:00.000Z
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 $168,454 (37%)
You can enter any amount below - secondary financing will cover the difference if needed.
37%
$

You cover the entire equity of $168,454!

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

Loan Breakdown

Assumed Mortgage4.07% Sellers Rate
$281,546
Your Cash$168,454
Total Purchase Price:$450,000

Assumed vs Traditional Mortgage

Assumed @ 4.07%
$1,527/mo
Traditional @ 7.15%
$2,222/mo
You save $695/month ($8,339/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6706987

Listing From: northstar

Last updated: 2025-05-01T02:31:04.000Z

© , 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

4.07%
7.15%

Principal & Interest

$1,527 /mo
$2,142 /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 $168,454 (37%)
You can enter any amount below - secondary financing will cover the difference if needed.
37%
$

You cover the entire equity of $168,454!

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

Loan Breakdown

Assumed Mortgage4.07% Sellers Rate
$281,546
Your Cash$168,454
Total Purchase Price:$450,000

Assumed vs Traditional Mortgage

Assumed @ 4.07%
$1,527/mo
Traditional @ 7.15%
$2,222/mo
You save $695/month ($8,339/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Exit Realty
Agent/Broker
Jeff KlemmerExit Realty(651) 600-7997assumptions@exitspringside.comMLS #40195899

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than Exit Realty are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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