$164,645 EMV

3 Beds   2 Baths   830 Sq. Ft.   Multi-Family
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N 64th Ave W
Duluth, MN 55807

Overview

This Multi-Family Foreclosure is located at N 64th Ave W, Duluth, MN 55807. It has 3 Beds, 2 Baths , 830 sqft of living space. This property is currently bank owned with an estimated market value of $164,645.
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Status: Active
Listing ID: 61204627
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Learn about N 64th Ave W in Duluth, MN

This multi-family property is available as a foreclosure at N 64th Ave W. It has 3 bedrooms, 2 bathrooms, and 830 square feet of living space. Based on our analysis of the current market conditions in Duluth for N 64th Ave W and comparable listings, the estimated market value is $164,645. If purchased for rental purposes, the monthly rental rate could range between $980 and $1,320. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at N 64th Ave W are updated daily along with others in Duluth, Minnesota. Since this property is a foreclosure, check out our Foreclosure Timeline for N 64th Ave W below to see helpful information about this listing.


Foreclosure Timeline

N 64th Ave W in Duluth Minnesota Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on N 64th Ave W
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10/19/23
Bank owned
Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
08/18/23
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
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Property Information

Public Records

Community & Neighborhood

This property in Duluth, MN is located in the Macfar Lanes Grassy Point Addition Subdivision.


Foreclosure

The property located at N 64th Ave W in Duluth, MN is listed as a Foreclosure

Properties like N 64th Ave W in Duluth, Minnesota listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Duluth, MN. The longer lenders own properties like this on N 64th Ave W, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Rental Value

The estimated rental value for N 64th Ave W located in Duluth, MN is $1,151/month. Comparable homes around N 64th Ave W that are rentals have monthly ranges starting as low as $980 per month and as high as $1,320 per month. An owner looking to use this property as an investment could bring a return in the area of $980 - $1,320 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
09/05/23 10/19/23 Preforeclosure
08/18/23 10/19/23 Preforeclosure Phh Mortgage

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N 64th Ave W
Duluth, MN 55807

3 Beds   2 Baths   830 sq. ft.   Multi-Family

$164,645 EMV

Status: Active Listing ID: 61204627

Property Information

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Public Records

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Property Description

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Listing URL

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