$144,685 EMV

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4th St
Prairie Farm, WI 54762

Overview

This Preforeclosure is located at 4th St, Prairie Farm, WI 54762. This property is currently in auction with an estimated market value of $144,685.
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Status: Inactive
Listing ID: 58032102

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Property Information

  • Source ID: 21541990
  • Day(s) On Site: 72
  • Plaintiff: US BANK TRUST NA
  • Defendant Name: THOMPSON DIANE M
  • Case Number: 21-CV-000242
  • Judgment Date: 01-26-2022
  • Trustee Name: GRAY AND ASSOCIATES LLP
  • Trustee Address: 16345 WEST GLENDALE DRIVE
  • Trustee City: NEW BERLIN
  • Trustee State: WI
  • Trustee Zip: 53151
  • Trustee Phone: (414) 224-8404
  • Deed Category: NFS
  • Mortgage Balance: $85,122

Potential Home Value

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Public Records

  • Land Area Sqft: 522,720
  • APN: 050-2700-18-000
  • Property Type: Single Family Residence
  • Township: TOWN OF VANCE CREEK

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: 08-02-2022
  • Auction Time: 10:00 AM
  • Auction Address: 1420 STATE HIGHWAY 25 NORTH ROOM 2201
  • Auction City: BARRON

    Loan Information

  • Mortgage Balance: $85,122

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Rental Value

The estimated rental value for 4th St located in Prairie Farm, WI is $1,220/month. Comparable homes around 4th St that are rentals have monthly ranges starting as low as $980 per month and as high as $1,460 per month. An owner looking to use this property as an investment could bring a return in the area of $980 - $1,460 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
06/21/22 08/02/22 Preforeclosure US Bank
foreclosure.com

4th St
Prairie Farm, WI 54762

$144,685 EMV

Status: Inactive Listing ID: 58032102

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=4th-St-Prairie-Farm-WI-54762/58032102_lid

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