Dan Kaercher

Dan Kaercher

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Pending

$370,000

($57,503 down)
FHA

1212 Maple Street, Farmington, MN 55024

3
2
1,697 sqft
PITI Monthly
$2,473.77 /mo

Listing courtesy of: , RE/MAX Results

Assumed Rate

5.22%
7.15%

Principal & Interest

$1,783 /mo
$2,188 /mo

What's Special

FRESH PAINT
DINING
STAINLESS STEEL APPLIANCES
DECK

With this home's breathtaking sunsets and sunrises from the south facing deck over the Prairie Ponds Greenway/Waterway and having 3 bedrooms and 2 bathrooms it is an incredible find! Walk out into your backyard to miles of trails and recreational fun! I would be remiss if I didn't tell you the home has a new A/C, furnace, water heater, windows throughout, slider doors, lower level bathroom, fresh paint throughout to compliment this perfectly placed gem of a property. Stainless steel appliances and butcher block countertops highlight the open floor plan of the upper level kitchen/living/dining room. It is truly move in ready for your summer BBQs and morning coffees on the deck. Nestled in south Farmington you get the rural laid back life all while close to commuting to the metro.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.22
Remaining Loan Term
27 years, 6 months
Monthly PITI
$2,473.77/mo
Estimated Loan Balance
$324,706
Cash to close
$57,503
Interest Paid
$41,548

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Chain Link, Full
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: 2001
Details
  • Builder:

Community & HOA

Community
  • Subdivision: East Farmington 7th Add
  • Features: None
HOA
  • Has HOA: Yes
  • HOA Name: First Service Residential
  • HOA Amenities: Unknown
  • HOA Fee: $560
  • HOA Frequency: $Annually
Location
  • Region: Farmington

Financial Details

  • Price per Sqft: $218.03
  • Tax Annual Amount: $3732
  • On Market Date: 2025-03-14T00:00:00.000Z
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 $57,503 (16%)
You can enter any amount below - secondary financing will cover the difference if needed.
16%
$

You cover the entire equity of $57,503!

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

Loan Breakdown

Assumed Mortgage5.22% Sellers Rate
$312,497
Your Cash$57,503
Total Purchase Price:$370,000

Assumed vs Traditional Mortgage

Assumed @ 5.22%
$1,783/mo
Traditional @ 7.5%
$2,270/mo
You save $487/month ($5,842/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6684343

Listing From: northstar

Last updated: 2025-03-28T20:01:04.000Z

© , 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

5.22%
7.15%

Principal & Interest

$1,783 /mo
$2,188 /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 $57,503 (16%)
You can enter any amount below - secondary financing will cover the difference if needed.
16%
$

You cover the entire equity of $57,503!

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

Loan Breakdown

Assumed Mortgage5.22% Sellers Rate
$312,497
Your Cash$57,503
Total Purchase Price:$370,000

Assumed vs Traditional Mortgage

Assumed @ 5.22%
$1,783/mo
Traditional @ 7.5%
$2,270/mo
You save $487/month ($5,842/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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