Dan Kaercher

Dan Kaercher

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Closed

$300,000

($143,458 down)
FHA

16800 185th Avenue NE, Foley, MN 56329

2
1
1,111 sqft
PITI Monthly
$1,114.59 /mo

Listing courtesy of: , Keller Williams Integrity NW

Assumed Rate

3.07%
7.15%

Principal & Interest

$714 /mo
$1,134 /mo

What's Special

SERENE
SPACIOUS
MODERN
HARDWOOD FLOORS
FIREPLACE
VAULTED CEILINGS
COZY

Nestled on nearly 9.5 acres of serene countryside, this stunning Custom-built log home is a nature lover’s dream! A perfect blend of rustic charm and modern convenience, the home features a beautifully updated kitchen with new cabinets, quartz countertops, a copper farm sink, and eye-catching punched tin ceilings. The cozy living room boasts rich hardwood floors, shiplap walls, and a gas fireplace—perfect for chilly evenings. The spacious primary bedroom offers vaulted ceilings and country views from three sides, making it a peaceful retreat. The newly updated bathroom impresses with double sinks, stylish flooring, and a luxurious soaker tub. Beyond the home, the property is a haven for those seeking privacy, wildlife, and outdoor adventure. The expansive barn with a loft provides endless possibilities for storage or projects, while the detached 24x36 two-car garage includes a dedicated workspace. A 12-foot concrete pad next to the garage offers extra parking or space for outdoor activities. Thousands of perennials and fruit trees have been thoughtfully planted for future enjoyment (see map in supplements), adding to the property’s natural beauty. Currently set up for horses and chickens, this land is ideal for a hobby farm or those simply craving wide-open spaces.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.07
Remaining Loan Term
26 years, 9 months
Monthly PITI
$1,114.59/mo
Estimated Loan Balance
$167,887
Cash to close
$143,458
Interest Paid
$16,194

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Ductless Mini-Split, Wall Unit(s)
  • Heating: Ductless Mini-Split
Features
  • Materials: Log, Log Siding, Metal Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, Living Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age 8 Years or Less, Metal
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Mound Septic, Private Sewer
  • Water Source: Well
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Log, Log Siding, Metal Siding
  • Roof: Age 8 Years or Less, Metal
Condition
  • Year Built: 2021
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Foley

Financial Details

  • Price per Sqft: $270.03
  • Tax Annual Amount: $1578
  • On Market Date: 2025-03-05T00:00:00.000Z
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 $143,458 (48%)
You can enter any amount below - secondary financing will cover the difference if needed.
48%
$

You cover the entire equity of $143,458!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$156,542
Your Cash$143,458
Total Purchase Price:$300,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$714/mo
Traditional @ 7.5%
$1,176/mo
You save $462/month ($5,544/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6657703

Listing From: northstar

Last updated: 2025-03-18T13:53:03.000Z

© , 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

3.07%
7.15%

Principal & Interest

$714 /mo
$1,134 /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 $143,458 (48%)
You can enter any amount below - secondary financing will cover the difference if needed.
48%
$

You cover the entire equity of $143,458!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$156,542
Your Cash$143,458
Total Purchase Price:$300,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$714/mo
Traditional @ 7.5%
$1,176/mo
You save $462/month ($5,544/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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