Dan Kaercher

Dan Kaercher

Property SearchContact
primary-1
primary-2primary-3
Closed

$449,900

($44,668 down)
FHA

11481 81st Lane NE, Elk River, MN 55330

5
3
2,505 sqft
PITI Monthly
$3,473.13 /mo

Listing courtesy of: , RE/MAX Advantage Plus

Assumed Rate

6.54%
7.15%

Principal & Interest

$2,622 /mo
$2,790 /mo

What's Special

ENTERTAINMENT
DINING
SPACIOUS
MODERN
FIREPLACE
WALK-IN CLOSET
HOME OFFICE
PATIO
COZY

Welcome to this stunning, like-new home that perfectly blends comfort and functionality. Boasting five spacious bedrooms—including a convenient main-level bedroom. This home is ideal for families of any size. The upper level features four additional bedrooms and a versatile loft space, perfect for a playroom, home office, or entertainment area. You’ll be captivated by the light-filled primary suite, complete with a large walk-in closet and an ensuite bath featuring a double bowl vanity. The main level showcases 9' ceilings and luxurious LVP flooring throughout, leading to a spacious living room with a stylish electric fireplace and an inviting kitchen with modern white cabinets, quartz countertops, and stainless-steel appliances. Enjoy seamless entertaining as the dining area opens to a private patio, perfect for summer barbecues or tranquil evenings under the stars. The updated cement pad in the backyard offers endless possibilities—design your dream outdoor kitchen, create a cozy fire pit area, or transform it into a vibrant play space for kids. With a spacious 3-car garage for ample storage and the added peace of mind from a security system, this home is truly a must-see. Located just minutes from Beaudry Meadows Park and within walking distance to Prairie View Elementary and Middle Schools, don’t miss your chance to make this beautifully upgraded home your own!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.54
Remaining Loan Term
28 years, 2 months
Monthly PITI
$3,473.13/mo
Estimated Loan Balance
$405,643
Cash to close
$44,668
Interest Paid
$49,040

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: Electric
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age 8 Years or Less, Asphalt
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: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 2022
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Hunter Hills Second Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Elk River

Financial Details

  • Price per Sqft: $179.6
  • Tax Annual Amount: $4908
  • On Market Date: 2025-01-23T00:00:00.000Z
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 $44,668 (10%)
You can enter any amount below - secondary financing will cover the difference if needed.
10%
$

You cover the entire equity of $44,668!

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

Loan Breakdown

Assumed Mortgage6.54% Sellers Rate
$405,232
Your Cash$44,668
Total Purchase Price:$449,900

Assumed vs Traditional Mortgage

Assumed @ 6.54%
$2,622/mo
Traditional @ 7.5%
$2,790/mo
You save $169/month ($2,026/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6651759

Listing From: northstar

Last updated: 2025-03-05T17:37:03.000Z

© , 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

6.54%
7.15%

Principal & Interest

$2,622 /mo
$2,790 /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 $44,668 (10%)
You can enter any amount below - secondary financing will cover the difference if needed.
10%
$

You cover the entire equity of $44,668!

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

Loan Breakdown

Assumed Mortgage6.54% Sellers Rate
$405,232
Your Cash$44,668
Total Purchase Price:$449,900

Assumed vs Traditional Mortgage

Assumed @ 6.54%
$2,622/mo
Traditional @ 7.5%
$2,790/mo
You save $169/month ($2,026/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home Sold Guaranteed Realty
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000

Powered By UMe.

© 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 Your Home Sold Guaranteed 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

Your Home Sold Guaranteed Realty © is committed to and abides by the Fair Housing Act of Equal Opportunity.