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Closed
Closed

$440,000

($177,213 down)
FHA

3014 Aaron Drive, Elko New Market, MN 55054

4
4
2,570 sqft
PITI Monthly
$2,239.04 /mo

Listing courtesy of: , RE/MAX Results

Assumed Rate

4.01%
7.15%

Principal & Interest

$1,469 /mo
$2,076 /mo
$89,366 in interest paid off

What's Special

OPEN CONCEPT
SPACIOUS
CUSTOM BUILT
STAINLESS STEEL APPLIANCES
FIREPLACE
DECK
CHARMING
Welcome to this charming 2 story home. The main floor has an open concept floor plan complete with walk-in pantry, stainless steel appliances and
kitchen center island along with spacious living room with gas fireplace. Upper level has 4 bedrooms, Private Master Bath & Full Bath. The partially
unfinished walkout basement provides a blank canvas for you to add your finishing touches and create a perfect space for your needs. Enjoy great
views from the deck, perfect to relax and unwind. This home combines practicality with style, offering a comfortable and inviting living sp... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.01
Remaining Loan Term
22 years, 2 months
Monthly PITI
$2,239.04/mo
Estimated Loan Balance
$265,130
Cash to close
$177,213
Interest Paid
$89,366

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick/Stone, Metal Siding, Vinyl Siding, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Gas, Living Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link
Roof
  • Roof: 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
  • Brick/Stone, Metal Siding, Vinyl Siding, Wood Siding
  • Roof: Asphalt
Condition
  • Year Built: 2003
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Farm 2nd Add The
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Elko New Market

Financial Details

  • Price per Sqft: $171.21
  • Tax Annual Amount: $4828
  • On Market Date: Oct 02, 2024
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Savings Calculator

Current cash to close is $177,213 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$
0%20%50%

You cover the entire equity of $177,213!

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

Loan Breakdown

Assumed Mortgage4.01% Sellers Rate
$262,787
Your Cash$177,213
Total Purchase Price:$440,000

Assumed vs Traditional Mortgage

Assumed @ 4.01%
$1,469/mo
Traditional @ 7.15%
$2,153/mo
You save $684/month ($8,209/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6610018

Listing From: northstar

Last updated: Mar 11, 2025 09:09pm

© 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

4.01%
7.15%

Principal & Interest

$1,469 /mo
$2,076 /mo
$89,366 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 $177,213 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$
0%20%50%

You cover the entire equity of $177,213!

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

Loan Breakdown

Assumed Mortgage4.01% Sellers Rate
$262,787
Your Cash$177,213
Total Purchase Price:$440,000

Assumed vs Traditional Mortgage

Assumed @ 4.01%
$1,469/mo
Traditional @ 7.15%
$2,153/mo
You save $684/month ($8,209/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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