$269,100 EMV

4 Beds   1 Bath   1,252 Sq. Ft.
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275th St
Westbrook, MN 56183

Overview

This is located at 275th St, Westbrook, MN 56183. 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 4 Beds, 1 Bath , 1,252 sqft of living space.
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Status: Inactive
Listing ID: 59605934

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Rental Chart
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Property Information

  • Bedrooms: 4
  • Bathrooms: 1
  • Living Area Size: 1,252
  • Source ID: 21844240
  • Day(s) On Site: 56
  • Parcel Number: 180080400
  • Plaintiff: FLAGSTAR BANK FSB
  • Defendant Name: Jesse B Jensen
  • Trustee Name: LIEBO WEINGARDEN DOBIE AND BARBEE PLLP
  • Trustee Address: 4500 Park Glen Road suite 300
  • Trustee City: MINNEAPOLIS
  • Trustee State: MN
  • Trustee Zip: 55416
  • Trustee Phone: (952) 925-6888
  • Trustee Reference Number: 92-22-006021FC
  • Deed Category: NFS

Public Records

  • Bedrooms: 4
  • Baths: 1
  • Full Baths: 1
  • Rooms: 6
  • Parking: GARAGE/CARPORT
  • Parking Sqft: 192
  • Exterior Wall Type: WOOD
  • Heating Type: FORCED AIR
  • Roof Material: ASBESTOS SHINGLE
  • Roof Type: MANSARD
  • Land Area Sqft: 1,742,400
  • APN: 18.008.0400-R
  • Property Type: Single Family Residence
  • Township: WESTBROOK
  • Living Sqft: 1,252
  • Garage: GARAGE/CARPORT

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: 03-07-2023
  • Auction Time: 10:00 AM
  • Auction Address: 902 5th Avenue
  • Auction City: Windom

    Loan Information

  • 1st Mortgage Date: 03-15-2017

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Rental Value

The estimated rental value for 275th St located in Westbrook, MN is $1,490/month. Comparable homes around 275th St that are rentals have monthly ranges starting as low as $1,388 per month and as high as $1,640 per month. An owner looking to use this property as an investment could bring a return in the area of $1,388 - $1,640 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
02/06/23 03/07/23 Preforeclosure
06/29/22 12/21/22 Bankruptcy

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Homes On This Street
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275th St
Westbrook, MN 56183

4 Beds   1 Bath   1,252 sq. ft.

$269,100 EMV

Status: Inactive Listing ID: 59605934

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=275th-St-Westbrook-MN-56183/59605934_lid

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