$61,206 EMV

2 Beds 658 Sq. Ft.
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11th Ave Sw
Austin, MN 55912

Status: Inactive
Listing ID: 57905059

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Property Information

  • Bedrooms: 2
  • Living Area Size: 658
  • Year Built: 1945
  • Source ID: 21511614
  • Day(s) On Site: 53
  • Parcel Number: 34.365.2680
  • Plaintiff: MINNESOTA HOUSING FINANCE AGENCY
  • Defendant Name: BRADLEY F BEEMAN
  • Trustee Name: WILFORD GESKE AND COOK PA
  • Trustee Address: 7616 CURRELL BOULEVARD SUITE 200
  • Trustee City: WOODBURY
  • Trustee State: MN
  • Trustee Zip: 55125
  • Trustee Phone: (651) 209-3300
  • Trustee Reference Number: 050640-F1
  • Deed Category: NFS

Potential Home Value

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Public Records

  • Bedrooms: 2
  • Rooms: 4
  • No. of Stories: 1
  • Parking: DETACHED FRAME GARAGE
  • Parking Sqft: 400
  • Roof Material: ASPHALT
  • Land Area Sqft: 5,227
  • Year Built: 1945
  • APN: 34-365-2680
  • Property Type: Single Family Residence
  • Township: AUSTIN
  • Living Sqft: 658
  • Garage: DETACHED FRAME
  • Style: A-FRAME

Preforeclosure

Often, the preforeclosure period is the best time to purchase a property. The process begins when a lender first notifies a borrower that his or her loan payments are behind. If a borrower has no other means to bring the payments up to date, he or she is far better served to sell the property as soon as possible before it falls into foreclosure.

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

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Auction Information

  • Auction Date: 06-29-2022
  • Auction Time: 10:00 AM
  • Auction Address: 201 FIRST STREET NORTHEAST
  • Auction City: AUSTIN

    Loan Information

  • 1st Mortgage Date: 07-23-1999

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Rental Value

The estimated rental value for 11th Ave Sw located in Austin, MN is $660/month. Comparable homes around 11th Ave Sw that are rentals have monthly ranges starting as low as $591 per month and as high as $730 per month. An owner looking to use this property as an investment could bring a return in the area of $591 - $730 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
06/03/22 06/29/22 Preforeclosure
05/04/22 06/29/22 Preforeclosure Norwest Mortgage, Inc
foreclosure.com

11th Ave Sw
Austin, MN 55912

2 Beds 658 sq. ft.

$61,206 EMV

Status: Inactive Listing ID: 57905059

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=11th-Ave-Sw-Austin-MN-55912/57905059_lid

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