5237 Balmoral Lane, Bloomington, MN 55437

Property Description

This is an all on one level main floor condo. Condo only has 3 neighbors at this residence. Easy access with no stairs or steps from garage.Owner John Knoblauch has been a licensed real estate broker for 37 years. He also has been a licensed general contractor for 27 years. Because Knoblauch only takes on a few projects a year, very few are lucky enough to benefit from his work. But this buyer will because for the last 5 months Knoblauch once again unlocked his high end home building experience, top notch craftsmanship skills and his well known keen eye and went about meticulously accomplishing this 5 month condo renovation in the heart of southwest Bloomington. This condo has been transformed literally from top to bottom and it is stunning! When you step through the front door it looks like new construction. And has new windows and sliding glass door to the private patio to boot. Kitchen is completely redesigned. Nicest kitchen cabinets in the whole development. New primary bethroom, shower and tile work is over the top. New heavy solid mission style doors and new luxury vinyl plank floors are outstanding. All new lights, appliances, knockdown ceilings and carpet. You name it. Even the garage is newly finished. We are very confident the new owner will be forever grateful! All buyers and realtors please note that seller financing by way of contract for deed is a great option that is available to the buyer that purchases this beautiful property. In this financing scenario, buyer would NOT need a mortgage company. Seller would request $35,000 down payment and heres the really good news, buyer would only need $950 total closing costs plus prepaids of course. 30 year amortization schedule based on a FIXED interest rate of only 6.9%. First 5 years would be locked before making final balloon payment. Seller could be flexible on final balloon payment anytime after the first 5 years. So great financing package possibility for a buyer who is looking for seller financing on top of a great property for one lucky buyer!