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Fairbanks St Ne
Grand Rapids, MI 49503

*Rental Value Coming Soon


This is located at Fairbanks St Ne, Grand Rapids, MI 49503. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time.
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Status: Inactive
Listing ID: 59918803
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Learn about Fairbanks St Ne in Grand Rapids, MI

This property is available as a preforeclosure at Fairbanks St Ne. Based on our analysis of the current market conditions in Grand Rapids for Fairbanks St Ne and comparable listings, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Fairbanks St Ne are updated daily along with others in Grand Rapids, Michigan.

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Property Information

  • Source ID: 21930293
  • Day(s) On Site: 78
  • Plaintiff: Wells Fargo Bank NA
  • Defendant Name: Marjorie S Wilson
  • Trustee Name: TROTT LAW PC
  • Trustee City: FARMINGTON HILLS
  • Trustee Address: 31440 NORTHWESTERN HIGHWAY SUITE 145
  • Trustee State: MI
  • Trustee Zip: 48334
  • Trustee Phone: (248) 642-2515
  • Deed Category: NFS
  • Mortgage Balance: $60,388

Public Records

  • Land Area Sqft: 3,049
  • APN: 41-14-19-334-016
  • Property Type: Single Family Residence
  • Front Footage: 44
  • Depth Footage: 65


The property located at Fairbanks St Ne in Grand Rapids, MI is listed as a Preforeclosure

The process of preforelcosure with properties like Fairbanks St Ne in Grand Rapids, Michigan begin 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: 04-26-2023
  • Auction Time: 10:00 AM
  • Auction Address: 180 OTTAWA AVENUE nw
  • Auction City: GRAND RAPIDS

Loan Information

  • 1st Mortgage Date: 12-09-2009
  • Mortgage Balance: $60,388

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County Information

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Listing History

Start Date End Date Listing Type Bank Name
03/28/23 05/24/23 Preforeclosure
03/22/23 04/26/23 Preforeclosure Wells Fargo Bank N.A.

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Fairbanks St Ne
Grand Rapids, MI 49503


Status: Inactive Listing ID: 59918803

Property Information

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Property Description

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