Dan Kaercher

Dan Kaercher

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Closed

$399,777

($170,982 down)
FHA

313 11th Street, Farmington, MN 55024

5
3
2,294 sqft
PITI Monthly
$2,009.04 /mo

Listing courtesy of: , RE/MAX Advisors-West

Assumed Rate

3.9%
7.15%

Principal & Interest

$1,260 /mo
$1,804 /mo

What's Special

DINING
SPACIOUS
MODERN
GRANITE COUNTERTOPS
DECK
SAFE
COZY

Welcome to your perfect home! This delightful split-level beauty boasts 3 cozy bedrooms upstairs and 2 more in the lower level, offering plenty of space for family and friends. The open floor plan seamlessly connects the living room, dining area, and a modern kitchen, complete with granite countertops and a center island – perfect for entertaining or casual family meals. Step out onto the large deck and soak in the stunning nature views. The fully fenced backyard is a safe haven for kids and pets to play freely. The lower level family room is an ideal spot for movie nights, game days, or just relaxing. With a spacious 3-car garage, you’ll have ample room for vehicles and storage. Outdoor enthusiasts will love the home’s proximity to numerous trails, perfect for hiking and biking adventures. This home is a wonderful blend of comfort, convenience, and natural beauty. Don’t miss out on making it yours!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.9
Remaining Loan Term
22 years, 4 months
Monthly PITI
$2,009.04/mo
Estimated Loan Balance
$259,823
Cash to close
$170,982
Interest Paid
$73,966

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link, Full
Roof
  • Roof: Age Over 8 Years, 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
  • Vinyl Siding
  • Roof: Age Over 8 Years, Asphalt
Condition
  • Year Built: 2004
Details
  • Builder:

Community & HOA

Community
  • Subdivision: East Farmington 8th Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Farmington

Financial Details

  • Price per Sqft: $174.27
  • Tax Annual Amount: $4922
  • On Market Date: 2024-09-19T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $170,982 (43%)
You can enter any amount below - secondary financing will cover the difference if needed.
43%
$

You cover the entire equity of $170,982!

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

Loan Breakdown

Assumed Mortgage3.9% Sellers Rate
$228,795
Your Cash$170,982
Total Purchase Price:$399,777

Assumed vs Traditional Mortgage

Assumed @ 3.9%
$1,260/mo
Traditional @ 7.5%
$1,871/mo
You save $611/month ($7,336/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6605345

Listing From: northstar

Last updated: 2024-10-23T18:16:02.000Z

© , 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

3.9%
7.15%

Principal & Interest

$1,260 /mo
$1,804 /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 $170,982 (43%)
You can enter any amount below - secondary financing will cover the difference if needed.
43%
$

You cover the entire equity of $170,982!

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

Loan Breakdown

Assumed Mortgage3.9% Sellers Rate
$228,795
Your Cash$170,982
Total Purchase Price:$399,777

Assumed vs Traditional Mortgage

Assumed @ 3.9%
$1,260/mo
Traditional @ 7.5%
$1,871/mo
You save $611/month ($7,336/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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