3 Beds   1 Bath   1,379 Sq. Ft.   Single-Family
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Landings Ln
Watertown, MN 55388

*Rental Value Coming Soon


This Single-Family is located at Landings Ln, Watertown, MN 55388. 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. It has 3 Beds, 1 Bath , 1,379 sqft of living space.
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Status: Inactive
Listing ID: 59869168
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Learn about Landings Ln in Watertown, MN

This single-family property is available as a preforeclosure at Landings Ln. It has 3 bedrooms, 1 bathrooms, and 1,379 square feet of living space. Based on our analysis of the current market conditions in Watertown for Landings Ln 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 Landings Ln are updated daily along with others in Watertown, Minnesota.

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Property Information

  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,379
  • Lot Size: 0.00 acres
  • Year Built: 2015
  • Source ID: 144282377
  • Day(s) On Site: 85
  • Parcel Number: 85-4150010
  • Property Type: Single Family Dwelling
  • Plaintiff: Bay Equity LLC
  • Defendant Name: JEREMY THOVSON
  • Recording Date: 02-23-2023
  • Trustee Name: WILFORD, GESKE & COOK, P.A
  • Trustee Address: 7616 Currell Blvd
  • Trustee City: Woodbury
  • Trustee State: MN
  • Trustee Zip: 55125
  • Trustee Phone: (651) 209-3300
  • Trustee Reference Number: 052372-F1
  • Deed Category: NTS
  • Mortgage Balance: $346,189


The property located at Landings Ln in Watertown, MN is listed as a Preforeclosure

The process of preforelcosure with properties like Landings Ln in Watertown, Minnesota 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: 04-10-2023
  • Auction Time: 10:00 AM
  • Auction Address: 606 East Fourth St
  • Auction City: Minnesota

Loan Information

  • 1st Mortgage Date: 05-07-2021
  • Mortgage Balance: $346,189

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Landings Ln
Watertown, MN 55388

3 Beds   1 Bath   1,379 sq. ft.   Single-Family


Status: Inactive Listing ID: 59869168

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