Dan Kaercher

Dan Kaercher

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Closed

$259,900

($241,281 down)
FHA

1201 Home Place, Faribault, MN 55021

3
2
1,665 sqft
PITI Monthly
$1,302.59 /mo

Listing courtesy of: , eXp Realty

Assumed Rate

3.25%
7.15%

Principal & Interest

$873 /mo
$1,127 /mo

What's Special

LOCATION
SPACIOUS
CHARMING

Welcome to 1201 Home Place in Faribault, MN! This charming one-story home offers 3 spacious bedrooms and 2 bathrooms, providing comfortable living for families of all sizes. The open layout and natural light throughout create a warm and inviting atmosphere. Enjoy the convenience of a 2-car garage and a lovely backyard, perfect for outdoor relaxation and gatherings. Located in a peaceful neighborhood, this home is just minutes from local amenities, schools, and parks. A fantastic opportunity to own a one level living home in a desirable location—schedule your showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.25
Remaining Loan Term
1 years, 7 months
Monthly PITI
$1,302.59/mo
Estimated Loan Balance
$137,471
Cash to close
$241,281
Interest Paid
$32,456

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Steel Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
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
  • Steel Siding
  • Roof: Unknown
Condition
  • Year Built: 1958
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Jefferson Park Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Faribault

Financial Details

  • Price per Sqft: $156.1
  • Tax Annual Amount: $2300
  • On Market Date: 2024-12-06T00:00:00.000Z
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 $241,281 (93%)
You can enter any amount below - secondary financing will cover the difference if needed.
93%
$

You cover the entire equity of $241,281!

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

Loan Breakdown

Assumed Mortgage3.25% Sellers Rate
$18,619
Your Cash:$241,281
Total Purchase Price:$259,900

Assumed vs Traditional Mortgage

Assumed @ 3.25%
$873/mo
Traditional @ 7.5%
$1,153/mo
You save $280/month ($3,361/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6620952

Listing From: northstar

Last updated: 2025-03-24T19:39:03.000Z

© , 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

3.25%
7.15%

Principal & Interest

$873 /mo
$1,127 /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 $241,281 (93%)
You can enter any amount below - secondary financing will cover the difference if needed.
93%
$

You cover the entire equity of $241,281!

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

Loan Breakdown

Assumed Mortgage3.25% Sellers Rate
$18,619
Your Cash:$241,281
Total Purchase Price:$259,900

Assumed vs Traditional Mortgage

Assumed @ 3.25%
$873/mo
Traditional @ 7.5%
$1,153/mo
You save $280/month ($3,361/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

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