$291,257 EMV

3 Beds   2 Baths   983 Sq. Ft.
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5th Ave S
Bloomington, MN 55420

Status: Inactive
Listing ID: 57995923

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 983
  • Year Built: 1965
  • Source ID: 21533139
  • Day(s) On Site: 39
  • Subdivision: LORRAYN WARD ADD
  • Parcel Number: 22-027-24-11-0077
  • Plaintiff: SEATTLE MORTGAGE COMPANY
  • Defendant Name: GLADYS L ISSACSON
  • Trustee Name: DEWITT LLP
  • Trustee Address: 901 MARQUETTE AVE
  • Trustee City: MINNEAPOLIS
  • Trustee State: MN
  • Trustee Zip: 55402
  • Trustee Phone: (608) 255-8891
  • Deed Category: NFS
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Potential Home Value

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Public Records

  • Bedrooms: 3
  • Baths: 2
  • Full Baths: 2
  • Rooms: 10
  • No. of Stories: 1
  • Air Conditioning: CENTRAL
  • Fireplaces: YES
  • Construction Type: WOOD
  • Exterior Wall Type: COMPOSITION
  • Heating Type: FORCED AIR
  • Roof Material: TAR & GRAVEL
  • Roof Type: HIP
  • Land Area Sqft: 12,196
  • Effective Year Built: 1965
  • Year Built: 1961
  • APN: 22-027-24-11-0077
  • Property Type: Single Family Residence
  • Township: BLOOMINGTON
  • Living Sqft: 983
  • Basement Finish Type: PARTIALLY FINISHED
  • Subdivision: LORRAYN WARD ADD
  •  

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: 06-21-2022
  • Auction Time: 10:00 AM
  • Auction Address: 10209 5TH AVENUE SOUTH
  • Auction City: BLOOMINGTON

    Loan Information

  • 1st Mortgage Date: 11-18-2002

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Rental Value

The estimated rental value for 5th Ave S located in Bloomington, MN is $1,460/month. Comparable homes around 5th Ave S that are rentals have monthly ranges starting as low as $1,311 per month and as high as $1,610 per month. An owner looking to use this property as an investment could bring a return in the area of $1,311 - $1,610 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
05/25/22 06/21/22 Preforeclosure Seattle Mortgage Company

Bloomington, MN
Home Inspectors
Heartland Inspections
Daniel F. Jones
612-961-3306
Structure Tech Home Inspections
Milind N. Angolkar
952-915-6466
Homes On This Street
View more homes on 5th Ave S
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5th Ave S
Bloomington, MN 55420

3 Beds   2 Baths   983 sq. ft.

$291,257 EMV

Status: Inactive Listing ID: 57995923

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=5th-Ave-S-Bloomington-MN-55420/57995923_lid

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