$155,879 EMV

2 Beds   1 Bath   680 Sq. Ft.   Single-Family
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2nd St Ne
Faribault, MN 55021

Overview

This Single-Family is located at 2nd St Ne, Faribault, MN 55021. 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, 1 Bath , 680 sqft of living space.
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Status: Inactive
Listing ID: 59910716
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Learn about 2nd St Ne in Faribault, MN

This single-family property is available as a foreclosure at 2nd St Ne. It has 2 bedrooms, 1 bathrooms, and 680 square feet of living space. Based on our analysis of the current market conditions in Faribault for 2nd St Ne and comparable listings, the estimated market value is $155,879. If purchased for rental purposes, the monthly rental rate could range between $970 and $1,191. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at 2nd St Ne are updated daily along with others in Faribault, Minnesota.


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Property Information

  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 680
  • Total Rooms: 3
  • Year Built: 1920
  • Day(s) On Site: 70
  • Comments: Buy through Auction.com. This property is being offered for sale exclusively on Auction.com. Be ready to bid! The online auction starts on 05-30-2023. Save this property on Auction.com today to receive helpful property updates and important auction information. As the nation's leading online investment property marketplace, we offer the most exclusive foreclosure and bank-owned property deals nationwide with over 470,000 sold and counting. Buyers can search, bid, and win properties on our secure platform, or at our in-person auction events with the help of our support team every step of the way.
  • Subdivision: COOPERS ADD
  • Property Type: Single Family Dwelling

Public Records

  • Bedrooms: 2
  • Baths: 1
  • Full Baths: 1
  • Rooms: 4
  • No. of Stories: 1
  • Exterior Wall Type: WOOD
  • Foundation Type: WOOD
  • Roof Material: ASPHALT
  • Land Area Sqft: 10,956
  • Year Built: 1920
  • APN: 18.32.2.52.043
  • Property Type: Single Family Residence
  • Township: FARIBAULT
  • Front Footage: 66
  • Depth Footage: 165
  • Living Sqft: 680
  • Subdivision: COOPERS ADD
  •  

Foreclosure

The property located at 2nd St Ne in Faribault, MN is listed as a Foreclosure

Properties like 2nd St Ne in Faribault, Minnesota listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Faribault, MN. The longer lenders own properties like this on 2nd St Ne, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Address: 2nd St Ne Faribault MN 55021

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Auction Information

  • Auction Date: 05-30-2023

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Rental Value

The estimated rental value for 2nd St Ne located in Faribault, MN is $1,080/month. Comparable homes around 2nd St Ne that are rentals have monthly ranges starting as low as $970 per month and as high as $1,191 per month. An owner looking to use this property as an investment could bring a return in the area of $970 - $1,191 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.

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2nd St Ne
Faribault, MN 55021

2 Beds   1 Bath   680 sq. ft.   Single-Family

$155,879 EMV

Status: Inactive Listing ID: 59910716

Property Information

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Property Description

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Listing URL

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