Dan Kaercher

Dan Kaercher

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Closed

$499,900

($316,362 down)
VA

20907 County Highway 25, Detroit Lakes, MN 56501

3
3
2,600 sqft
PITI Monthly
$1,513.94 /mo

Listing courtesy of: , The Real Estate Company of Detroit Lakes

Assumed Rate

3.67%
7.15%

Principal & Interest

$1,066 /mo
$1,569 /mo

What's Special

DINING
FIREPLACE
PATIO
WALKING TRAILS

Close to town, trails, and lakes, this property has it all. Twenty acres featuring a 3-bedroom house, four-stall heated garage, and a large commercial heated shop with 10-foot doors. The home offers a main-level office/bonus room and a large primary suite. The open floor plan includes a kitchen, dining, and living area with a gas fireplace and hickory flooring, creating a perfect space for hosting guests. A private patio off the dining area is ideal for outdoor entertaining. The walk-out basement provides a separate living space with its own bathroom, laundry, and gym. A covered porch welcomes you to the house, and the lower level contains two additional bedrooms for privacy. The 20 acres boast wooded walking trails and opportunities for private outdoor activities. Three heat sources help keep heating costs low: an outdoor wood boiler, electric off-peak baseboards, and a propane fireplace. An asphalt driveway leads to the four-stall heated garage and large heated shop. Must see!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.67
Remaining Loan Term
20 years, 2 months
Monthly PITI
$1,513.94/mo
Estimated Loan Balance
$184,040
Cash to close
$316,362
Interest Paid
$75,394

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Ductless Mini-Split
  • Heating: Baseboard, Ductless Mini-Split, Fireplace(s), Hot Water, Radiant Floor, Outdoor Boiler, Wood Stove
Features
  • Materials: Brick Veneer, Metal Siding, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Circulating, Gas, Living Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Age 8 Years or Less, Architectural Shingle, Asphalt, Pitched
Parking
  • Garage: Yes
  • Garage Spaces: 6
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Septic System Compliant - Yes
  • Water Source: Drilled
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Brick Veneer, Metal Siding, Vinyl Siding
  • Roof: Age 8 Years or Less, Architectural Shingle, Asphalt, Pitched
Condition
  • Year Built: 2000
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Detroit Lakes

Financial Details

  • Price per Sqft: $192.27
  • Tax Annual Amount: $3380
  • On Market Date: 2024-11-26T00:00:00.000Z
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 $316,362 (63%)
You can enter any amount below - secondary financing will cover the difference if needed.
63%
$

You cover the entire equity of $316,362!

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

Loan Breakdown

Assumed Mortgage3.67% Sellers Rate
$183,538
Your Cash:$316,362
Total Purchase Price:$499,900

Assumed vs Traditional Mortgage

Assumed @ 3.67%
$1,066/mo
Traditional @ 7.5%
$1,628/mo
You save $562/month ($6,748/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6635278

Listing From: northstar

Last updated: 2025-02-21T20:14:02.000Z

© , 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

3.67%
7.15%

Principal & Interest

$1,066 /mo
$1,569 /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 $316,362 (63%)
You can enter any amount below - secondary financing will cover the difference if needed.
63%
$

You cover the entire equity of $316,362!

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

Loan Breakdown

Assumed Mortgage3.67% Sellers Rate
$183,538
Your Cash:$316,362
Total Purchase Price:$499,900

Assumed vs Traditional Mortgage

Assumed @ 3.67%
$1,066/mo
Traditional @ 7.5%
$1,628/mo
You save $562/month ($6,748/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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