Dan Kaercher

Dan Kaercher

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$575,000

($408,952 down)
FHA

21271 Elk Lake Road NW, Elk River, MN 55330

4
3
2,348 sqft
PITI Monthly
$1,795.11 /mo

Listing courtesy of: , eXp Realty

Assumed Rate

3.67%
7.15%

Principal & Interest

$980 /mo
$1,444 /mo

What's Special

SPACIOUS
FIREPLACE
BALCONY

Nestled on 5 secluded, wooded acres in Elk River, this beautiful 4-bedroom, 3-bath home offers the perfect balance of privacy and convenience, with easy access to commuting routes and local amenities. Thoughtfully designed for both everyday comfort and entertaining, the spacious layout is filled with charm and custom details throughout. The expansive primary suite feels like a personal retreat, complete with a private balcony and a warm, wood-burning fireplace. Surrounded by nature yet close to everything. Don’t miss this rare opportunity—schedule your showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.67
Remaining Loan Term
19 years, 11 months
Monthly PITI
$1,795.11/mo
Estimated Loan Balance
$167,456
Cash to close
$408,952
Interest Paid
$70,894

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Private Sewer
  • Water Source: Well
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: Asphalt
Condition
  • Year Built: 1978
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Elk River

Financial Details

  • Price per Sqft: $244.89
  • Tax Annual Amount: $5960
  • On Market Date: 2025-03-27T00:00:00.000Z
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 $408,952 (71%)
You can enter any amount below - secondary financing will cover the difference if needed.
71%
$

You cover the entire equity of $408,952!

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

Loan Breakdown

Assumed Mortgage3.67% Sellers Rate
$166,048
Your Cash:$408,952
Total Purchase Price:$575,000

Assumed vs Traditional Mortgage

Assumed @ 3.67%
$980/mo
Traditional @ 7.5%
$1,498/mo
You save $517/month ($6,208/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6655574

Listing From: northstar

Last updated: 2025-03-31T20:09:03.000Z

© , 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

3.67%
7.15%

Principal & Interest

$980 /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 $408,952 (71%)
You can enter any amount below - secondary financing will cover the difference if needed.
71%
$

You cover the entire equity of $408,952!

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

Loan Breakdown

Assumed Mortgage3.67% Sellers Rate
$166,048
Your Cash:$408,952
Total Purchase Price:$575,000

Assumed vs Traditional Mortgage

Assumed @ 3.67%
$980/mo
Traditional @ 7.5%
$1,498/mo
You save $517/month ($6,208/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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