Dan Kaercher

Dan Kaercher

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$365,000

($82,838 down)
FHA

403 11th Street, Farmington, MN 55024

3
2
1,584 sqft
PITI Monthly
$2,431.54 /mo

Listing courtesy of: , LPT Realty, LLC

Assumed Rate

6.82%
7.15%

Principal & Interest

$1,861 /mo
$1,924 /mo

What's Special

SPACIOUS
MODERN
STAINLESS STEEL APPLIANCES
FIREPLACE
VAULTED CEILINGS
DECK
CHARMING
COZY

Professional photos coming April 3rd. Charming 3-Level Split in Farmington with Modern Updates! Welcome to this inviting 3-level split home in the heart of Farmington! Featuring newer vinyl flooring on the main level and updated railings, this home offers a fresh and modern look. The vaulted ceilings and the cozy fireplace in the living room create a warm and welcoming atmosphere, perfect for relaxing evenings. The kitchen is beautifully updated with stainless steel appliances and sleek quartz countertops, making meal prep a delight. Step outside to enjoy the spacious deck, ideal for entertaining, overlooking a fully fenced backyard-perfect for pets, play, or peaceful outdoor living. Don’t miss out on this well-maintained home with great updates and a fantastic layout! Schedule your showing today! Kitchen, bathroom, flooring, paint, appliances, fence, landscaping, countertops, railings, doors, trim, have all been updated! New garage door, gutters, shutters, newer water heater, and water softener as well.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.82
Remaining Loan Term
29 years, 1 months
Monthly PITI
$2,431.54/mo
Estimated Loan Balance
$282,925
Cash to close
$82,838
Interest Paid
$17,734

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, Living Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link
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: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Unknown
Condition
  • Year Built: 1996
Details
  • Builder:

Community & HOA

Community
  • Subdivision: East Farmington 1st Add
  • Features: None
HOA
  • Has HOA: Yes
  • HOA Name: First Service Residential
  • HOA Amenities: Unknown
  • HOA Fee: $586
  • HOA Frequency: $Annually
Location
  • Region: Farmington

Financial Details

  • Price per Sqft: $230.43
  • Tax Annual Amount: $3478
  • On Market Date: 2025-03-31T00:00:00.000Z
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 $82,838 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $82,838!

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

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$282,162
Your Cash$82,838
Total Purchase Price:$365,000

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$1,861/mo
Traditional @ 7.5%
$1,996/mo
You save $135/month ($1,618/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6694527

Listing From: northstar

Last updated: 2025-04-03T23:34:03.000Z

© , 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

6.82%
7.15%

Principal & Interest

$1,861 /mo
$1,924 /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 $82,838 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $82,838!

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

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$282,162
Your Cash$82,838
Total Purchase Price:$365,000

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$1,861/mo
Traditional @ 7.5%
$1,996/mo
You save $135/month ($1,618/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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