Dan Kaercher

Dan Kaercher

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

$409,900

($171,133 down)
FHA

114 Kaesen Avenue N, Vermillion, MN 55085

7
3
3,650 sqft
PITI Monthly
$2,030.33 /mo

Listing courtesy of: , Minnesota Realty Company

Assumed Rate

4.2%
7.15%

Principal & Interest

$1,368 /mo
$1,890 /mo

What's Special

SPACIOUS
RENTAL INCOME

Discover the charm of small-town living in this spacious and versatile home in the quaint City of Vermillion. With a total of seven bedrooms and three bathrooms, this property offers ample space for a large family or the potential for rental income. The unique layout includes three bedrooms and a full kitchen upstairs, making it perfect for an in-law suite or separate rental unit. The main and lower floors feature the remaining four bedrooms, two bathrooms, and a second full kitchen. Don't miss out on this unique opportunity to own a versatile and spacious home in the heart of Vermillion. Schedule a showing today to see all that this property has to offer!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.2
Remaining Loan Term
21 years, 10 months
Monthly PITI
$2,030.33/mo
Estimated Loan Balance
$281,007
Cash to close
$171,133
Interest Paid
$88,723

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 7
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Hot Water
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Unknown
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: Unknown
Condition
  • Year Built: 1961
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Village Of Vermillion
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Vermillion

Financial Details

  • Price per Sqft: $112.3
  • Tax Annual Amount: $3764
  • On Market Date: 2024-07-12T00:00:00.000Z
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 $171,133 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $171,133!

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

Loan Breakdown

Assumed Mortgage4.2% Sellers Rate
$238,767
Your Cash$171,133
Total Purchase Price:$409,900

Assumed vs Traditional Mortgage

Assumed @ 4.2%
$1,368/mo
Traditional @ 7.5%
$1,960/mo
You save $592/month ($7,104/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6567373

Listing From: northstar

Last updated: 2025-04-01T00:39:03.000Z

© , 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

4.2%
7.15%

Principal & Interest

$1,368 /mo
$1,890 /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 $171,133 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $171,133!

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

Loan Breakdown

Assumed Mortgage4.2% Sellers Rate
$238,767
Your Cash$171,133
Total Purchase Price:$409,900

Assumed vs Traditional Mortgage

Assumed @ 4.2%
$1,368/mo
Traditional @ 7.5%
$1,960/mo
You save $592/month ($7,104/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.