$290,177 EMV

3 Beds   2 Baths   1,027 Sq. Ft.
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Matthew Dr
Chisago City, MN 55013

Status: Inactive
Listing ID: 57913457

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,027
  • Year Built: 1998
  • Source ID: 21514687
  • Day(s) On Site: 50
  • Subdivision: MEADOWS WALLMARK
  • Parcel Number: 13.00648.30
  • Plaintiff: CMG MORTGAGE
  • Defendant Name: LATISHA BAIN
  • Trustee Name: LOGS LEGAL GROUP LLP
  • Trustee City: EAGAN
  • Trustee Address: 1715 YANKEE DOODLE ROAD SUITE 210
  • Trustee State: MN
  • Trustee Zip: 55121
  • Trustee Phone: (952) 831-4060
  • Deed Category: NFS

Potential Home Value

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Public Records

  • Bedrooms: 3
  • Baths: 2
  • Full Baths: 2
  • No. of Stories: 1
  • Air Conditioning: CENTRAL
  • Exterior Wall Type: VINYL
  • Heating Type: FORCED AIR
  • Roof Type: GABLE/HIP
  • Land Area Sqft: 19,602
  • Effective Year Built: 1998
  • Year Built: 1996
  • APN: 13-00648-30
  • Property Type: Single Family Residence
  • Township: CHISAGO CITY
  • Living Sqft: 1,027
  • Subdivision: MEADOWS WALLMARK


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: 15230 PER ROAD
  • Auction City: CENTER CITY

    Loan Information

  • 1st Mortgage Date: 09-19-2017

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Rental Value

The estimated rental value for Matthew Dr located in Chisago City, MN is $1,580/month. Comparable homes around Matthew Dr that are rentals have monthly ranges starting as low as $1,420 per month and as high as $1,740 per month. An owner looking to use this property as an investment could bring a return in the area of $1,420 - $1,740 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.

Listing History

Start Date End Date Listing Type Bank Name
05/12/22 06/30/22 Preforeclosure Cmg Mortgage

Chisago City, MN
Home Inspectors
Top Notch Inspections Inc.
Mike Thibault
Homes On This Street
View more homes on Matthew Dr

Matthew Dr
Chisago City, MN 55013

3 Beds   2 Baths   1,027 sq. ft.

$290,177 EMV

Status: Inactive Listing ID: 57913457

Property Information

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Public Records

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Property Description

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Listing URL


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