Dan Kaercher

Dan Kaercher

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Closed

$209,000

($88,008 down)
FHA

848 S Park Street, Fairmont, MN 56031

3
3
1,639 sqft
PITI Monthly
$1,145.68 /mo

Listing courtesy of: , EXIT Realty - Great Plains

Assumed Rate

3.6%
7.15%

Principal & Interest

$669 /mo
$994 /mo

What's Special

DINING
SPACIOUS
HARDWOOD FLOORS
BREAKFAST NOOK
WALK-IN CLOSET
FINISHED BASEMENT
COZY

Beautiful 3BR/3BA Craftsman Fairmont home situated on an oversized lot. The grand foyer with an elegant staircase leads to the upper level, setting the tone for the charm and character found throughout the home. Refinished hardwood floors and abundant natural light flow throughout the home. The main floor features a spacious living room that seamlessly flows into the dining area, and then the kitchen with peninsula and cozy breakfast nook. Great home for entertaining! Upstairs, you'll discover three generously sized bedrooms, each offering walk-in closets for ample storage. The primary bedroom includes a private half bath, while a full bathroom is conveniently located off the hallway. The unfinished basement offers untapped potential plus a laundry area. Outdoors, enjoy an impressive backyard featuring an outdoor kitchen, potential pond with a waterfall, and partial privacy fencing for added seclusion. Spacious detached garage with an upstairs area! Steel roof/siding plus gutters 2020.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.6
Remaining Loan Term
21 years, 3 months
Monthly PITI
$1,145.68/mo
Estimated Loan Balance
$121,905
Cash to close
$88,008
Interest Paid
$42,219

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Boiler, Hot Water
Features
  • Materials: Steel Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, Living Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Partial, Privacy, Wood
Roof
  • Roof: Age Over 8 Years, Age 8 Years or Less, Metal
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
  • Steel Siding
  • Roof: Age Over 8 Years, Age 8 Years or Less, Metal
Condition
  • Year Built: 1915
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $127.52
  • Tax Annual Amount: $2667
  • On Market Date: 2024-09-17T00:00:00.000Z
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 $88,008 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $88,008!

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

Loan Breakdown

Assumed Mortgage3.6% Sellers Rate
$120,992
Your Cash$88,008
Total Purchase Price:$209,000

Assumed vs Traditional Mortgage

Assumed @ 3.6%
$669/mo
Traditional @ 7.5%
$1,031/mo
You save $362/month ($4,344/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6603580

Listing From: northstar

Last updated: 2024-11-08T21:44:02.000Z

© , 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

3.6%
7.15%

Principal & Interest

$669 /mo
$994 /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 $88,008 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $88,008!

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

Loan Breakdown

Assumed Mortgage3.6% Sellers Rate
$120,992
Your Cash$88,008
Total Purchase Price:$209,000

Assumed vs Traditional Mortgage

Assumed @ 3.6%
$669/mo
Traditional @ 7.5%
$1,031/mo
You save $362/month ($4,344/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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