Dan Kaercher

Dan Kaercher

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Closed

$240,000

($67,489 down)
FHA

18058 Vance Circle NW, Elk River, MN 55330

2
2
1,472 sqft
PITI Monthly
$1,305.92 /mo

Listing courtesy of: , Edina Realty, Inc.

Assumed Rate

2.83%
7.15%

Principal & Interest

$782 /mo
$1,280 /mo

What's Special

REMODELED
LOCATION
FRESH PAINT
SHOPPING
SPACIOUS
HARDWOOD FLOORS
FIREPLACE
CONVENIENT LOCATION
COZY

Meticulously maintained townhome in the highly sought after Trout Brook South development. The spacious living room with a cozy fireplace and hardwood floors welcomes you, which then leads to the spacious kitchen that boasts new quartz countertops, new dishwasher and fresh paint. No shortage of cabinet space and ½ bath has been updated with new paint and fixtures. Upper level features an expansive master bedroom perfect for rest and relaxation. Upstairs bath has been remodeled and shines with a new tub, flooring, fixtures and paint. Also included in the upper level is the second bedroom perfect for guests or an office along with your laundry, which is a wonderful convenience. Outside, your two car garage door has been updated and both the new driveway & apron add to the wonderful curb appeal. Convenient location close to shopping, restaurants and Hwy 169. Welcome Home!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.83
Remaining Loan Term
25 years, 8 months
Monthly PITI
$1,305.92/mo
Estimated Loan Balance
$180,182
Cash to close
$67,489
Interest Paid
$22,150

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick/Stone, Stucco, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, Living Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: None
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: Townhouse Side x Side
  • Architectural Style: Unknown
Materials
  • Brick/Stone, Stucco, Vinyl Siding
  • Roof: Unknown
Condition
  • Year Built: 2004
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Cic #34 Trout Brook South Condo
  • Features: None
HOA
  • Has HOA: Yes
  • HOA Name: Bullseye Property Management
  • HOA Amenities: Unknown
  • HOA Fee: $285
  • HOA Frequency: $Monthly
Location
  • Region: Elk River

Financial Details

  • Price per Sqft: $163.04
  • Tax Annual Amount: $2880
  • On Market Date: 2024-12-04T00:00:00.000Z
Inquire about this property

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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 $67,489 (28%)
You can enter any amount below - secondary financing will cover the difference if needed.
28%
$

You cover the entire equity of $67,489!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$172,511
Your Cash$67,489
Total Purchase Price:$240,000

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$782/mo
Traditional @ 7.5%
$1,328/mo
You save $546/month ($6,551/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6637205

Listing From: northstar

Last updated: 2025-03-03T18:45:03.000Z

© , 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

2.83%
7.15%

Principal & Interest

$782 /mo
$1,280 /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 $67,489 (28%)
You can enter any amount below - secondary financing will cover the difference if needed.
28%
$

You cover the entire equity of $67,489!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$172,511
Your Cash$67,489
Total Purchase Price:$240,000

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$782/mo
Traditional @ 7.5%
$1,328/mo
You save $546/month ($6,551/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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