2 Beds   2 Baths   1,380 Sq. Ft.   Single-Family
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Abbott Ave S
Minneapolis, MN 55410

Status: Inactive
Listing ID: 57217644

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Property Information

  • Bedrooms: 2
  • Bathrooms: 2
  • Living Area Size: 1,380
  • Lot Size: 0.12 acres
  • Year Built: 1900
  • Source ID: 25022559
  • Day(s) On Site: 142
  • Parcel Number: 17-028-24-31-0140
  • Subdivision: STEELES LAKE HARRIET PARK ADD
  • Property Type: Single Family Dwelling
  • Plaintiff: Ccm Finance
  • Defendant Name: Archstone Construction
  • Recording Date: 12-15-2021
  • Trustee Name: BRUTLAG, TRUCKE & DOHERTY
  • Trustee Address: 3555 Plymouth Blvd
  • Trustee City: Minneapolis
  • Trustee State: MN
  • Trustee Zip: 55447
  • Trustee Phone: (763) 222-2504
  • Deed Category: NTS
  • Mortgage Balance: $360,558

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Public Records

  • Bedrooms: 2
  • Baths: 2
  • Full Baths: 2
  • Rooms: 7
  • No. of Stories: 1
  • Basement Sqft: 650
  • Parking: DETACHED GARAGE
  • Air Conditioning: YES
  • Construction Type: WOOD
  • Exterior Wall Type: METAL
  • Heating Type: FORCED AIR
  • Roof Material: ASPHALT
  • Roof Type: GABLE
  • Land Area Sqft: 5,662
  • Year Built: 1900
  • APN: 17-028-24-31-0140
  • Property Type: Single Family Residence
  • Township: MINNEAPOLIS
  • Front Footage: 42
  • Depth Footage: 128
  • Living Sqft: 1,380
  • Garage: DETACHED
  • Subdivision: STEELES LAKE HARRIET PARK 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: 01-20-2022
  • 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: 06-13-2019
  • Mortgage Balance: $360,558

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Minneapolis, MN
Home Inspectors
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Adam Anderson
612-221-3450
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Jesse Mueller
612-978-6706
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Wayne Rademacher
952-915-6466
Homes On This Street
View more homes on Abbott Ave S
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Abbott Ave S
Minneapolis, MN 55410

2 Beds   2 Baths   1,380 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 57217644

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=Abbott-Ave-S-Minneapolis-MN-55410/57217644_lid

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