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OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
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Closed
Closed

$475,000

($201,665 down)
FHA

18981 Euclid Path, Farmington, MN 55024

5
4
3,029 sqft
PITI Monthly
$2,195.9 /mo

Listing courtesy of: , Fish MLS Realty

Assumed Rate

2.94%
7.15%

Principal & Interest

$1,340 /mo
$2,164 /mo
$41,055 in interest paid off

What's Special

SPACIOUS
MODERN
STAINLESS STEEL APPLIANCES
BREAKFAST NOOK
HOME OFFICE
LANDSCAPED
COZY
Discover the perfect blend of classic design and modern amenities in this stunning single-family home nestled in a desirable neighborhood. This
residence exudes both character and comfort, offering ample space and a welcoming atmosphere for all. As you enter, you'll be greeted by a foyer
leading to a spacious living room and large windows. The layout ensures a flow that’s perfect for entertaining or relaxing with loved ones. The kitchen is
well-designed with classic wood cabinetry, durable countertops, and a full suite of stainless steel appliances while the adjacent breakfast n... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.94
Remaining Loan Term
25 years, 5 months
Monthly PITI
$2,195.9/mo
Estimated Loan Balance
$293,956
Cash to close
$201,665
Interest Paid
$41,055

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Family Room, Gas
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link, Full
Roof
  • Roof: Unknown
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: Unknown
Condition
  • Year Built: 1993
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Nelsen Hills Farm
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Farmington

Financial Details

  • Price per Sqft: $156.82
  • Tax Annual Amount: $5545
  • On Market Date: Jul 27, 2024
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Savings Calculator

Current cash to close is $201,665 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$
0%20%50%

You cover the entire equity of $201,665!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$273,335
Your Cash$201,665
Total Purchase Price:$475,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,340/mo
Traditional @ 7.15%
$2,244/mo
You save $904/month ($10,848/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6576712

Listing From: northstar

Last updated: Sep 19, 2024 02:08am

© 2025, 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

2.94%
7.15%

Principal & Interest

$1,340 /mo
$2,164 /mo
$41,055 in interest paid off
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 $201,665 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$
0%20%50%

You cover the entire equity of $201,665!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$273,335
Your Cash$201,665
Total Purchase Price:$475,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,340/mo
Traditional @ 7.15%
$2,244/mo
You save $904/month ($10,848/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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