$379,900
($71,972 down)1108 1st Street SE, Faribault, MN 55021
PITI Monthly
Listing courtesy of: , eXp Realty
Assumed Rate
3.07%
7.15%Principal & Interest
$1,399 /mo
$2,222 /moWhat's Special
This large 5 bedroom, 3 bathroom home has been waiting for you. The exterior boasts a large lot with a huge fenced-in backyard; fit with a big patio and a pergola to boot. The inside of this home really shines with an open concept main floor featuring a beautiful kitchen with quartz countertops, tile flooring, pantry and a ton of lighting. The main floor ensuite features a big bedroom and large walk-in closet. Two additional bedrooms and laundry room/mudroom round out the main floor. The lower level features two additional bedrooms, family room, recreation room as well as a bonus room with limitless possibilities. The utility room has ample storage space as well as updates including the water heater in 2020, new water softener in 2020, new roof in 2018, new furnace and A/C in 2016.
Assumption Snapshot
Type of Loan
FHA
Interest Rate
3.07
Remaining Loan Term
26 years, 9 months
Monthly PITI
$2,133.4/mo
Estimated Loan Balance
$310,962
Cash to close
$71,972
Interest Paid
$31,728
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
Cooling & Heating
- Cooling: Central Air
- Heating: Forced Air
Features
- Materials: Vinyl Siding
- Community: Unknown
- Has Fireplace: Yes
- Fireplace Features: Gas, Living Room
- Flooring: Unknown
Exterior
Fencing
- Fencing: Chain Link, Full
Roof
- Roof: Age Over 8 Years, Pitched
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
- Vinyl Siding
- Roof: Age Over 8 Years, Pitched
Condition
- Year Built: 2002
Details
- Builder:
Community & HOA
Community
- Subdivision: Brand Peony Add
- Features: None
HOA
- Has HOA: No
Location
- Region: Faribault
Financial Details
- Price per Sqft: $122.98
- Tax Annual Amount: $4214
- On Market Date: 2025-01-12T00:00:00.000Z
Inquire about this property
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Fill out an application to explore financing options for assuming this loan.
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You cover the entire equity of $71,972!
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Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: NST6648196
Listing From: northstar
Last updated: 2025-03-28T14:03:03.000Z
© , 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
$1,399 /mo
$2,222 /moInquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $71,972!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
Follow Us
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000Resources
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