$272,348 EMV

2 Beds   2 Baths   1,166 Sq. Ft.   Townhome
Get the Preforeclosure Address

143rd St W
Apple Valley, MN 55124

Overview

This Townhome is located at 143rd St W, Apple Valley, MN 55124. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has 2 Beds, 2 Baths , 1,166 sqft of living space.
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Status: Inactive
Listing ID: 58670827

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Property Information

  • Bedrooms: 2
  • Bathrooms: 2
  • Living Area Size: 1,166
  • Lot Size: 0.05 acres
  • Year Built: 1996
  • Source ID: 140975916
  • Day(s) On Site: 68
  • Parcel Number: 01-28875-06-010
  • Subdivision: GARDEN OAKS TERRACE TWNHMS
  • Property Type: Townhouse
  • Defendant Name: MICHELLE GALLAGHER
  • Plaintiff: Crosscountry Mortgage, LLC
  • Recording Date: 09-28-2022
  • Trustee Address: 4500 Park Glen Rd
  • Trustee Name: LIEBO, WEINGARDEN, DOBIE & BARBEE, P.L.L.P
  • Trustee City: Minneapolis
  • Trustee State: MN
  • Trustee Zip: 55416
  • Trustee Phone: (952) 925-6888
  • Trustee Reference Number: 9-22-002125 FC
  • Deed Category: NTS
  • Mortgage Balance: $176,000
  •  

Public Records

  • Bedrooms: 2
  • Baths: 2
  • Full Baths: 2
  • No. of Stories: SPLIT LEVEL
  • Parking: FINISHED GARAGE
  • Parking Sqft: 34
  • Construction Type: WOOD
  • Land Area Sqft: 2,178
  • Year Built: 1996
  • APN: 01-28875-06-010
  • Property Type: Single Family Residence
  • Township: APPLE VALLEY
  • Garage: FINISHED
  •  
  • Subdivision: GARDEN OAKS TERRACE TWNHMS

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: 11-22-2022
  • Auction Time: 10:00 AM
  • Auction Address: 1580 Hwy 55, Lobby #s-100
  • Auction City: Hastings

    Loan Information

  • 1st Mortgage Date: 06-15-2020
  • Mortgage Balance: $176,000

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Rental Value

The estimated rental value for 143rd St W located in Apple Valley, MN is $1,400/month. Comparable homes around 143rd St W that are rentals have monthly ranges starting as low as $1,261 per month and as high as $1,540 per month. An owner looking to use this property as an investment could bring a return in the area of $1,261 - $1,540 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
10/24/22 11/15/22 Preforeclosure

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Homes On This Street
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143rd St W
Apple Valley, MN 55124

2 Beds   2 Baths   1,166 sq. ft.   Townhome

$272,348 EMV

Status: Inactive Listing ID: 58670827

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=143rd-St-W-Apple-Valley-MN-55124/58670827_lid

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