Dan Kaercher

Dan Kaercher

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Closed

$340,000

($185,630 down)
FHA

18030 Empire Trail, Farmington, MN 55024

3
2
1,702 sqft
PITI Monthly
$1,584.63 /mo

Listing courtesy of: , Edina Realty, Inc.

Assumed Rate

3.75%
7.15%

Principal & Interest

$990 /mo
$1,444 /mo

What's Special

FRESH PAINT
DINING
STAINLESS STEEL APPLIANCES
DECK

North Farmington home next to Lakeville border. Updated kitchen and baths. All new windows and sliding door in 2013. Fresh paint and carpeting. Parks and trails nearby. New kitchen in 2011 with stainless steel appliances. Updated laminate flooring in Kitchen, dining room, living room and hallways up. Knock-down ceilings. Brushed nickel hardware and ceramic tile in the two full baths. Large deck overlooks fully fenced backyard. Finished laundry room doubles as an office. Large family room in lower level. Storage shed out back. New roof in 2021. Come and see all this home and area has to offer. Move in and enjoy!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.75
Remaining Loan Term
17 years, 4 months
Monthly PITI
$1,584.63/mo
Estimated Loan Balance
$169,662
Cash to close
$185,630
Interest Paid
$87,988

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Age 8 Years or Less, Architectural Shingle, Asphalt
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: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Metal Siding, Vinyl Siding
  • Roof: Age 8 Years or Less, Architectural Shingle, Asphalt
Condition
  • Year Built: 1986
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Dakota County Estates
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Farmington

Financial Details

  • Price per Sqft: $199.76
  • Tax Annual Amount: $3514
  • On Market Date: 2024-09-06T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $185,630 (55%)
You can enter any amount below - secondary financing will cover the difference if needed.
55%
$

You cover the entire equity of $185,630!

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

Loan Breakdown

Assumed Mortgage3.75% Sellers Rate
$154,370
Your Cash:$185,630
Total Purchase Price:$340,000

Assumed vs Traditional Mortgage

Assumed @ 3.75%
$990/mo
Traditional @ 7.5%
$1,498/mo
You save $508/month ($6,094/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6594813

Listing From: northstar

Last updated: 2024-10-11T18:03:05.000Z

© , 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

3.75%
7.15%

Principal & Interest

$990 /mo
$1,444 /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 $185,630 (55%)
You can enter any amount below - secondary financing will cover the difference if needed.
55%
$

You cover the entire equity of $185,630!

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

Loan Breakdown

Assumed Mortgage3.75% Sellers Rate
$154,370
Your Cash:$185,630
Total Purchase Price:$340,000

Assumed vs Traditional Mortgage

Assumed @ 3.75%
$990/mo
Traditional @ 7.5%
$1,498/mo
You save $508/month ($6,094/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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