$380,724 EMV

3 Beds   1 Bath   1,008 Sq. Ft.   Single-Family
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Marsh St Nw
Prior Lake, MN 55372

Status: Inactive
Listing ID: 57922928

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Property Information

  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,008
  • Lot Size: 0.24 acres
  • Year Built: 1983
  • Source ID: 16746303
  • Day(s) On Site: 46
  • Subdivision: ISLAND VIEW ADD 01
  • Parcel Number: 25-143048-0
  • Property Type: Single Family Dwelling
  • Plaintiff: Bell Bank
  • Defendant Name: STEPHANIE SAFE
  • Recording Date: 05-13-2022
  • Trustee Name: LOGS LEGAL GROUP LLP
  • Trustee Address: 1715 Yankee Doodle Rd
  • Trustee City: Eagan
  • Trustee State: MN
  • Trustee Zip: 55121
  • Trustee Phone: (952) 831-4060
  • Deed Category: NTS

Potential Home Value

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Public Records

  • Bedrooms: 3
  • Baths: 2
  • Full Baths: 2
  • Parking Sqft: 440
  • Land Area Sqft: 10,489
  • Effective Year Built: 1990
  • Year Built: 1983
  • APN: 25-143048-0
  • Property Type: Single Family Residence
  • Township: NO WMO/ NO FIRE
  • Living Sqft: 1,008
  • Garage: YES
  • Style: RAMBLER
  • Subdivision: ISLAND VIEW ADD 01


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: 06-30-2022
  • Auction Time: 10:00 AM
  • Auction Address: Scott County Sheriff's Office, 301 S Fuller St
  • Auction City: Shakopee

    Loan Information

  • 1st Mortgage Date: 12-26-2013

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Rental Value

The estimated rental value for Marsh St Nw located in Prior Lake, MN is $1,870/month. Comparable homes around Marsh St Nw that are rentals have monthly ranges starting as low as $1,780 per month and as high as $1,960 per month. An owner looking to use this property as an investment could bring a return in the area of $1,780 - $1,960 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.

Prior Lake, MN
Home Inspectors
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Homes On This Street
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Marsh St Nw
Prior Lake, MN 55372

3 Beds   1 Bath   1,008 sq. ft.   Single-Family

$380,724 EMV

Status: Inactive Listing ID: 57922928

Property Information

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Public Records

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Property Description

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