$107,950 EMV

3 Beds   2 Baths   1,243 Sq. Ft.   Condo
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30th Ave S Apt 307
Minneapolis, MN 55406

Status: Inactive
Listing ID: 57065006

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,243
  • Lot Size: 0.00 acres
  • Year Built: 1982
  • Source ID: 192842610
  • Day(s) On Site: 49
  • Subdivision: RIVERS EDGE CONDO
  • Parcel Number: 25-029-24-44-0080
  • Property Type: Condo
  • Plaintiff: Rivers Edge Condominium
  • Defendant Name: Sinoamerica Environmental
  • Recording Date: 11-20-2021
  • Trustee Name: GREENSTEIN SELLERS
  • Trustee Address: 825 Nicollet Mall
  • Trustee City: Minneapolis
  • Trustee State: MN
  • Trustee Zip: 55402
  • Trustee Phone: (763) 285-4677
  • Deed Category: NTS

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Public Records

  • Bedrooms: 3
  • Baths: 1.5
  • Full Baths: 1
  • Half Baths: 1
  • Rooms: 5
  • No. of Stories: 1
  • Parking: DETACHED GARAGE
  • Construction Type: WOOD
  • Exterior Wall Type: METAL
  • Heating Type: ELECTRIC
  • Roof Type: FLAT
  • Land Area Sqft: 20,059
  • Year Built: 1982
  • APN: 25-029-24-44-0080
  • Property Type: Condominium
  • Township: MINNEAPOLIS
  • Living Sqft: 1,243
  • Garage: DETACHED
  • Subdivision: RIVERS EDGE CONDO
  •  

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: 01-06-2022
  • Auction Time: 10:00 AM
  • Auction Address: Hennepin County Sheriff's Office - Civil Unit, Room 30, Minneapolis City Hall, 350 South 5th St
  • Auction City: Minneapolis

    Loan Information

  • 1st Mortgage Date: 06-11-1982

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Homes On This Street
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30th Ave S Apt 307
Minneapolis, MN 55406

3 Beds   2 Baths   1,243 sq. ft.   Condo

$107,950 EMV

Status: Inactive Listing ID: 57065006

Property Information

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Public Records

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Property Description

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Listing URL

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