Dan Kaercher

Dan Kaercher

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$499,900

($72,429 down)
FHA

18064 Gleaming Court, Lakeville, MN 55044

4
3
2,346 sqft
PITI Monthly
$3,560.71 /mo

Listing courtesy of: , Keller Williams Select Realty

Assumed Rate

6.69%
7.15%

Principal & Interest

$2,765 /mo
$2,897 /mo

What's Special

DINING
SPACIOUS
MODERN
LUXURY
VAULTED CEILINGS
FINISHED BASEMENT
PATIO
FENCED YARD

Welcome to this stunning home in the highly sought-after Avonlea neighborhood, within the prestigious Lakeville School District! This beautiful property offers a perfect blend of modern living and functional design, with vaulted ceilings that create an open and airy atmosphere throughout. Featuring 3 spacious bedrooms on one level, this home ensures convenience and comfort with ample space to spread out. Natural light pours in through large windows, illuminating the open floor plan that seamlessly connects the living, dining, and kitchen areas—ideal for both entertaining and everyday living. The fully finished basement including 4th bedroom with high ceilings and tons of natural light adds even more value to this home. All this plus a bonus room on the main level that can be used as an office, playroom, or additional space to suit your needs. Enjoy the luxury of a 3-stall garage, providing plenty of room for your vehicles, toys, and storage needs. The fully fenced yard with a privacy fence offers a tranquil and secure space for outdoor enjoyment. Relax and entertain on the huge patio, perfect for barbecues, outdoor dining, or simply unwinding after a busy day. With access to the highly desirable Avonlea neighborhood and top-rated schools, this home is the complete package—don’t miss your chance to make it yours!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.69
Remaining Loan Term
29 years, 8 months
Monthly PITI
$3,560.71/mo
Estimated Loan Balance
$428,604
Cash to close
$72,429
Interest Paid
$9,554

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Fireplace(s), Humidifier
Features
  • Materials: Brick/Stone, Engineered Wood, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Electric, Gas
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Full, Privacy, Vinyl
Roof
  • Roof: Age 8 Years or Less, 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: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Brick/Stone, Engineered Wood, Vinyl Siding
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 2018
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Avonlea
  • Features: None
HOA
  • Has HOA: Yes
  • HOA Name: First Service Residential
  • HOA Amenities: Unknown
  • HOA Fee: $75
  • HOA Frequency: $Monthly
Location
  • Region: Lakeville

Financial Details

  • Price per Sqft: $213.09
  • Tax Annual Amount: $5186
  • On Market Date: 2025-04-02T00:00:00.000Z
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 $72,429 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $72,429!

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

Loan Breakdown

Assumed Mortgage6.69% Sellers Rate
$427,471
Your Cash$72,429
Total Purchase Price:$499,900

Assumed vs Traditional Mortgage

Assumed @ 6.69%
$2,765/mo
Traditional @ 7.5%
$3,005/mo
You save $240/month ($2,881/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6696314

Listing From: northstar

Last updated: 2025-04-04T13:13:03.000Z

© , 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

6.69%
7.15%

Principal & Interest

$2,765 /mo
$2,897 /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 $72,429 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $72,429!

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

Loan Breakdown

Assumed Mortgage6.69% Sellers Rate
$427,471
Your Cash$72,429
Total Purchase Price:$499,900

Assumed vs Traditional Mortgage

Assumed @ 6.69%
$2,765/mo
Traditional @ 7.5%
$3,005/mo
You save $240/month ($2,881/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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