Cheryl Riley

Cheryl Riley

Property SearchContact
primary-1
primary-2primary-3
Coming Soon

$539,900

($189,487 down)
VA

501 Winkler Trail N, Cologne, MN 55322

5
3
2,724 sqft
PITI Monthly
$2,250.26 /mo

Listing courtesy of: , eXp Realty

Assumed Rate

3.07%
7.15%

Principal & Interest

$1,605 /mo
$2,548 /mo

What's Special

SERENE
SPACIOUS
FIREPLACE
FINISHED BASEMENT
DECK
PATIO
COZY
EFFICIENT
SOLAR PANELS
NO HOA

This beautifully upgraded home feels like new construction but comes with all the thoughtful finishes and enhancements already in place. Nestled on a spacious .75-acre lot with a serene pond, this home is perfect for both relaxation and entertaining. Inside, you'll find a fully finished basement complete with a dry bar, ideal for hosting guests or unwinding at home. The outdoor space is equally impressive—boasting a 12x20 deck, an expansive 18x40 stained and stamped concrete patio, and a dedicated trampoline spot for fun and play. Whether you're entertaining or enjoying quiet moments by the pond, this yard is sure to impress. Upgrades include stylish lighting and ceiling fans, updated door hardware, a cozy electric fireplace, and energy-efficient solar panels that will be paid off at closing—producing more electricity than the average home uses! Arborvitae trees line the property, which will mature into a privacy fence and wind blocker, adding to the peaceful ambiance in the coming years. Best of all? This home comes with a fully finished interior, no HOA, and a 2.25% assumable VA loan! You won't find another property like this in the neighborhood—schedule a tour today to see it for yourself!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.07
Remaining Loan Term
26 years, 8 months
Monthly PITI
$2,250.26/mo
Estimated Loan Balance
$353,230
Cash to close
$189,487
Interest Paid
$37,294

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Fireplace(s)
Features
  • Materials: Brick/Stone, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Electric, Family Room, Ventless
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age 8 Years or Less
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
  • Brick/Stone, Vinyl Siding
  • Roof: Age 8 Years or Less
Condition
  • Year Built: 2021
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Winkler Crossing 3rd Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Cologne

Financial Details

  • Price per Sqft: $198.2
  • Tax Annual Amount: $5742
  • On Market Date: 2025-04-14T00:00:00.000Z
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 $189,487 (35%)
You can enter any amount below - secondary financing will cover the difference if needed.
35%
$

You cover the entire equity of $189,487!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$350,413
Your Cash$189,487
Total Purchase Price:$539,900

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$1,605/mo
Traditional @ 7.15%
$2,643/mo
You save $1,038/month ($12,461/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6692428

Listing From: northstar

Last updated: 2025-04-15T03:21:03.000Z

© , 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

3.07%
7.15%

Principal & Interest

$1,605 /mo
$2,548 /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 $189,487 (35%)
You can enter any amount below - secondary financing will cover the difference if needed.
35%
$

You cover the entire equity of $189,487!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$350,413
Your Cash$189,487
Total Purchase Price:$539,900

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$1,605/mo
Traditional @ 7.15%
$2,643/mo
You save $1,038/month ($12,461/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.

equal-housing

American Allstar Realty © is committed to and abides by the Fair Housing Act of Equal Opportunity.