Dan Kaercher

Dan Kaercher

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Closed

$109,900

($84,990 down)
FHA

612 E 3rd Street, Fairmont, MN 56031

2
1
884 sqft
PITI Monthly
$467.47 /mo

Listing courtesy of: , EXIT Realty - Great Plains

Assumed Rate

5.62%
7.15%

Principal & Interest

$236 /mo
$277 /mo

What's Special

DINING
MODERN
HARDWOOD FLOORS
CHARMING
EFFICIENT

Charming 2BR/1BA Home with Timeless Details! This beautifully updated home features an enclosed front porch perfect for relaxing. Inside, you'll find a blend of character and modern updates, including original hardwood floors in the front porch, complemented by newer flooring in the living room, dining room, hallway, and one bedroom. The dining room boasts a gorgeous built-in buffet, showcasing the home's natural woodwork. Efficient kitchen includes appliances. Freshly painted throughout, this home offers a bright, inviting feel. The basement has your laundry hookups, a bonus room for a potential 3rd bedroom with addition of an egress window, two small storage rooms, and a large open area that could be turned into another living space. Additional highlights include built-in hallway linen storage, a professionally cleaned interior and ductwork, and low-maintenance metal roof and vinyl siding. Detached one stall garage. Alley access. A perfect blend of classic charm and modern convenience!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.62
Remaining Loan Term
11 years, 10 months
Monthly PITI
$467.47/mo
Estimated Loan Balance
$25,381
Cash to close
$84,990
Interest Paid
$34,855

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
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: Unknown
Roof
  • Roof: Metal
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • 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: Metal
Condition
  • Year Built: 1933
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Goulds
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Fairmont

Financial Details

  • Price per Sqft: $124.32
  • Tax Annual Amount: $630
  • On Market Date: 2024-11-18T00:00:00.000Z
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 $84,990 (77%)
You can enter any amount below - secondary financing will cover the difference if needed.
77%
$

You cover the entire equity of $84,990!

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

Loan Breakdown

Assumed Mortgage5.62% Sellers Rate
$24,910
Your Cash:$84,990
Total Purchase Price:$109,900

Assumed vs Traditional Mortgage

Assumed @ 5.62%
$236/mo
Traditional @ 7.5%
$287/mo
You save $51/month ($616/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6632191

Listing From: northstar

Last updated: 2024-12-27T21:22:02.000Z

© , 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

5.62%
7.15%

Principal & Interest

$236 /mo
$277 /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 $84,990 (77%)
You can enter any amount below - secondary financing will cover the difference if needed.
77%
$

You cover the entire equity of $84,990!

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

Loan Breakdown

Assumed Mortgage5.62% Sellers Rate
$24,910
Your Cash:$84,990
Total Purchase Price:$109,900

Assumed vs Traditional Mortgage

Assumed @ 5.62%
$236/mo
Traditional @ 7.5%
$287/mo
You save $51/month ($616/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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