4 Beds   1.5 Baths   2,026 Sq. Ft.

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Colfax Ave S
Minneapolis, MN 55408

Status: Inactive
Listing ID: 56656731

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Property Information

  • Bedrooms: 4
  • Bathrooms: 1.5
  • Living Area Size: 2,026
  • Year Built: 1900
  • Source ID: 21257513
  • Days On Site: 91
  • Subdivision: REMINGTONS 2ND ADD MPLS
  • Parcel Number: 04-028-24-11-0127
  • Plaintiff: US BANK
  • Defendant Name: LISA HANNAH SANDVIG
  • Trustee Address: 7616 CURRELL BLVD STE 200
  • Trustee City: WOODBURY
  • Trustee State: MN
  • Trustee Zip: 55125
  • Trustee Phone: (651) 209-3300
  • Trustee Reference Number: 043810F01
  • Deed Category: NFS

Public Records

  • Bedrooms: 4
  • Baths: 1.5
  • Full Baths: 1
  • Half Baths: 1
  • Rooms: 8
  • No. of Stories: 2
  • Basement Sqft: 1,018
  • Construction Type: WOOD
  • Heating Type: HOT WATER
  • Roof Material: ASPHALT
  • Roof Type: GABLE
  • Land Area Sqft: 6,098
  • Year Built: 1900
  • APN: 04-028-24-11-0127
  • Property Type: Single Family Residence
  • Township: MINNEAPOLIS
  • Front Footage: 45
  • Depth Footage: 128
  • Living Sqft: 2,026
  • Garage: DETACHED
  • Subdivision: REMINGTONS 2ND ADD MPLS


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.


Auction Information

  • Auction Date: 10-25-2021
  • Auction Time: 10:00 AM
  • Auction Address: 350 SOUTH 5TH STREET
  • Auction City: MINNEAPOLIS

    Property Classification

  • Classification Id: Notice of Foreclosure Sale
  • Classification Desc: This notice announces the date, time and other details related to a proposed public foreclosure auction. Don't scour the local newspapers or waste time at the courthouse hunting down these sales when you can easily find the latest information.

    Loan Information

  • 1st Mortgage Date: 05-26-2004

    NEW Credit Information Center

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Listing History

Start Date End Date Listing Type Bank Name
08/27/21 10/25/21 Preforeclosure U.S. Bank
03/11/19 04/25/19 Preforeclosure WINGS FINANCIAL CREDIT UNION

Minneapolis, MN
Home Inspectors

Homeview Inspections
Jim Carlson
Devine Inspections
Todd A Devine
Inspectall LLC
Timothy D Gerdes
Jesse Mueller
WIN Home Inspection - SW Minneapolis/Mtka
John S. McGrath

Colfax Ave S
Minneapolis, MN 55408

4 Beds   1.5 Baths   2,026 sq. ft.


Status: Inactive Listing ID: 56656731

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Property Description

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