Cheryl Riley

Cheryl Riley

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$285,000

($172,377 down)
FHA

406 Wacouta Street UNIT 702, Saint Paul, MN 55101

2
2
930 sqft
PITI Monthly
$1,300.06 /mo

Listing courtesy of: , Keller Williams Premier Realty

Assumed Rate

3.25%
7.15%

Principal & Interest

$697 /mo
$1,081 /mo

What's Special

LOCATION
FRESH PAINT
LUXURY
STAINLESS STEEL APPLIANCES
PATIO
SAFE
CONVENIENT LOCATION
HISTORIC

Sunny and bright 2 story loft with spectacular views of CHS Field and Mears Park from your private rooftop patio at the historic River Park Lofts in Lowertown Saint Paul. The sophisticated loft features soaring 13 foot ceilings, original brick + exposed wood beams throughout, fresh paint, and newer stainless steel appliances. Owned, heated parking also included, and monthly association fees include everything except the electric. The River Park Lofts building offers its residents safety and security, along with its luxury features, including concrete floors, exposed brick + wood beams throughout, an exercise room, party/community room, and entry into the skyway. Convenient location to Mears Park, CHS Field, the Light Rail, Farmer's Market, numerous restaurants, and all that Lowertown Saint Paul has to offer!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.25
Remaining Loan Term
17 years, 9 months
Monthly PITI
$1,300.06/mo
Estimated Loan Balance
$113,791
Cash to close
$172,377
Interest Paid
$54,967

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick/Stone
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Flat
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: None

Construction

Type & Style
  • Stories:
  • Home type: High Rise
  • Architectural Style: Unknown
Materials
  • Brick/Stone
  • Roof: Flat
Condition
  • Year Built: 1905
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Cic 687 River Park Lofts Condo
  • Features: Accessible Elevator Installed, Wheelchair Ramp(s)
HOA
  • Has HOA: Yes
  • HOA Name: First Service Residential
  • HOA Amenities: Unknown
  • HOA Fee: $653
  • HOA Frequency: $Monthly
Location
  • Region: Saint Paul

Financial Details

  • Price per Sqft: $306.45
  • Tax Annual Amount: $4082
  • On Market Date: 2025-04-08T00:00:00.000Z
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 $172,377 (60%)
You can enter any amount below - secondary financing will cover the difference if needed.
60%
$

You cover the entire equity of $172,377!

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

Loan Breakdown

Assumed Mortgage3.25% Sellers Rate
$112,623
Your Cash:$172,377
Total Purchase Price:$285,000

Assumed vs Traditional Mortgage

Assumed @ 3.25%
$697/mo
Traditional @ 7.15%
$1,121/mo
You save $425/month ($5,097/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6699662

Listing From: northstar

Last updated: 2025-04-11T21:56:03.000Z

© , 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

3.25%
7.15%

Principal & Interest

$697 /mo
$1,081 /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 $172,377 (60%)
You can enter any amount below - secondary financing will cover the difference if needed.
60%
$

You cover the entire equity of $172,377!

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

Loan Breakdown

Assumed Mortgage3.25% Sellers Rate
$112,623
Your Cash:$172,377
Total Purchase Price:$285,000

Assumed vs Traditional Mortgage

Assumed @ 3.25%
$697/mo
Traditional @ 7.15%
$1,121/mo
You save $425/month ($5,097/year)

*Secondary financing rates are an estimated value based on input

Follow Us
American Allstar Realty
Agent/Broker
Cheryl RileyAmerican Allstar Realty(602) 353-7375cheryl.m.riley@gmail.comMLS BR655878000

© 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 American Allstar 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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