4 Beds   1 Bath   1,678 Sq. Ft.   Single-Family

5047 Bluff Rd, Big Lake, MN 55309

Status: Inactive
Listing ID: 47192129

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Property Information

  • Bedrooms: 4
  • Bathrooms: 1
  • Living Area Size: 1,678
  • Lot Size: 0.31 acres
  • Year Built: 2000
  • Source ID: 16870809
  • Estimated Value: $163,634
  • Day(s) On Site: 2340
  • Subdivision: DEER TRAIL
  • Assessed Value: $190,800
  • Parcel Number: 654980328
  • Property Type: Single Family Dwelling
  • Owner Name: THE BANK OF NEW YORK MELLON
  • Input Date: 08-13-2015
  • Last Sale Amount: $187,000
  • Last Sale Date: 01-17-2007
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Public Records

  • Bedrooms: 4
  • Baths: 2
  • Full Baths: 2
  • Parking: ATTACHED GARAGE
  • Parking Sqft: 650
  • Air Conditioning: YES
  • Construction Type: WOOD
  • Exterior Wall Type: VINYL
  • Foundation Type: BLOCK
  • Heating Fuel: GAS
  • Heating Type: FORCED AIR
  • Roof Material: COMPOSITION SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 13,503
  • Year Built: 2000
  • APN: 65-498-0328
  • Property Type: Single Family Residence
  • Township: BIG LAKE
  • Garage: ATTACHED
  • Subdivision: DEER TRAIL

Foreclosure

Properties 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. The longer lenders own properties, however, 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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Homes On This Street
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Bluff Rd
Big Lake, MN 55309

4 Beds   1 Bath   1,678 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 47192129

Property Information

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Public Records

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Property Description

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