Dan Kaercher

Dan Kaercher

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$514,500

($11,341 down)
VA

12273 71st Court NE, Elk River, MN 55330

4
4
2,402 sqft
PITI Monthly
$3,557.99 /mo

Listing courtesy of: , Redfin Corporation

Assumed Rate

6.82%
7.15%

Principal & Interest

$3,316 /mo
$3,428 /mo

What's Special

OPEN CONCEPT
SHOPPING
ENTERTAINMENT
DINING
MOVE-IN READY
LUXURY
CUSTOM BUILT
VAULTED CEILINGS
WALK-IN CLOSET
PATIO
NO HOA

Built in 2024, this practically new 4 bedroom, 4 bathroom home in the sought-after community of Otsego has been thoughtfully finished during its brief 10 months of occupancy. The property features a private main level office with elegant study doors and an impressive open concept living area with vaulted ceilings, offering both style and functionality. The kitchen showcases a center island, convenient walk-in corner pantry, and quality stainless-steel appliances. Upstairs, enjoy the luxury of walk-in closets in every bedroom, with the primary suite boasting dual generous walk-in closets and a private en-suite bathroom. The finished lower level provides additional living space, perfect for entertaining or relaxation. All finishing touches have been meticulously completed, including professional landscaping, a large poured patio with 12' x 18' gazebo, window coverings throughout, custom built-ins (to be completed by end of April), and a fully insulated garage with heater and thermostat—making this move-in ready home an exceptional opportunity. Located just minutes from I-94 for easy commuting, Albertville Premium Outlet Malls for shopping, and a variety of dining and entertainment options. Experience the convenience of no HOA in this perfectly positioned home. Don't miss your opportunity to make this dream home yours!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.82
Remaining Loan Term
29 years, 1 months
Monthly PITI
$3,557.99/mo
Estimated Loan Balance
$504,064
Cash to close
$11,341
Interest Paid
$31,595

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Humidifier
Features
  • Materials: Brick Veneer, Vinyl Siding, Wood Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Circulating, Decorative, Electric
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Age 8 Years or Less, Asphalt, Pitched
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
  • Brick Veneer, Vinyl Siding, Wood Siding
  • Roof: Age 8 Years or Less, Asphalt, Pitched
Condition
  • Year Built: 2024
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Northwater
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Elk River

Financial Details

  • Price per Sqft: $214.2
  • Tax Annual Amount: $906
  • On Market Date: 2025-03-21T00:00:00.000Z
Inquire about this property

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Savings Calculator

Current cash to close is $11,341 (2%)
You can enter any amount below - secondary financing will cover the difference if needed.
2%
$

You cover the entire equity of $11,341!

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

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$503,159
Your Cash$11,341
Total Purchase Price:$514,500

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$3,316/mo
Traditional @ 7.5%
$3,556/mo
You save $240/month ($2,883/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6681374

Listing From: northstar

Last updated: 2025-03-22T10:03:08.000Z

© , 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

6.82%
7.15%

Principal & Interest

$3,316 /mo
$3,428 /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 $11,341 (2%)
You can enter any amount below - secondary financing will cover the difference if needed.
2%
$

You cover the entire equity of $11,341!

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

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$503,159
Your Cash$11,341
Total Purchase Price:$514,500

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$3,316/mo
Traditional @ 7.5%
$3,556/mo
You save $240/month ($2,883/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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