Dan Kaercher

Dan Kaercher

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Closed

$415,000

($22,394 down)
FHA

12715 Northern Oak Drive, Baxter, MN 56425

5
3
2,506 sqft
PITI Monthly
$3,316.39 /mo

Listing courtesy of: , Edina Realty, Inc.

Assumed Rate

6.82%
7.15%

Principal & Interest

$2,585 /mo
$2,673 /mo

What's Special

OPEN CONCEPT
SHOPPING
SPACIOUS
FIREPLACE
WET BAR
DECK
CUL-DE-SAC

Welcome home ~ This well cared for 5 Br/3Bath home located in Baxter is sure to impress! Open concept living space, stainless appliances, vaulted ceiling, beautiful gas burning fireplace in the living room and 3 Bedrooms on the main level. The lower level features a spacious family room, wet bar area, utility room and two additional bedrooms. Here, you will also enjoy a 3-car garage, backyard deck, new roof in 2023 and situated on a cul-de-sac. Located in the heart of the lakes area, close to several lakes, parks, schools, medical, shopping and more! This is a great property!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.82
Remaining Loan Term
29 years, 1 months
Monthly PITI
$3,316.39/mo
Estimated Loan Balance
$394,001
Cash to close
$22,394
Interest Paid
$24,631

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Fireplace(s)
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, Living Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: 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: Asphalt
Condition
  • Year Built: 2001
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Cedardale South
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Baxter

Financial Details

  • Price per Sqft: $165.6
  • Tax Annual Amount: $3614
  • 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.

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Savings Calculator

Current cash to close is $22,394 (5%)
You can enter any amount below - secondary financing will cover the difference if needed.
5%
$

You cover the entire equity of $22,394!

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

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$392,606
Your Cash$22,394
Total Purchase Price:$415,000

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$2,585/mo
Traditional @ 7.5%
$2,673/mo
You save $88/month ($1,060/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6651806

Listing From: northstar

Last updated: 2025-03-06T16:46:03.000Z

© , 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

6.82%
7.15%

Principal & Interest

$2,585 /mo
$2,673 /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 $22,394 (5%)
You can enter any amount below - secondary financing will cover the difference if needed.
5%
$

You cover the entire equity of $22,394!

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

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$392,606
Your Cash$22,394
Total Purchase Price:$415,000

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$2,585/mo
Traditional @ 7.5%
$2,673/mo
You save $88/month ($1,060/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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