$186,885 EMV

2 Beds   1 Bath   1,078 Sq. Ft.
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Wedemeyer St
Sheboygan, WI 53081

Status: Inactive
Listing ID: 57562328

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Property Information

  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 1,078
  • Total Square Feet: 1,078
  • Year Built: 1936
  • Day(s) On Site: 122
  • Sale Type: ForeclosureTrustee
  • Source Status: Marketing
  • Deed Category: NFS
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Public Records

  • Bedrooms: 2
  • Baths: 1
  • Full Baths: 1
  • Rooms: 5
  • Parking: ATTACHED GARAGE
  • Land Area Sqft: 4,050
  • Year Built: 1936
  • APN: 59281-426580
  • Property Type: Single Family Residence
  • Township: CITY OF SHEBOYOGAN
  • Front Footage: 45
  • Depth Footage: 90
  • Living Sqft: 1,078
  • Garage: ATTACHED

Preforeclosure

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.

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Auction Information

  • Auction Date: 06-29-2022

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Rental Value

The estimated rental value for Wedemeyer St located in Sheboygan, WI is $1,400/month. Comparable homes around Wedemeyer St that are rentals have monthly ranges starting as low as $1,121 per month and as high as $1,680 per month. An owner looking to use this property as an investment could bring a return in the area of $1,121 - $1,680 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
04/18/22 06/15/22 Preforeclosure
04/07/22 06/15/22 Preforeclosure Carrington Mortgage
foreclosure.com

Wedemeyer St
Sheboygan, WI 53081

2 Beds   1 Bath   1,078 sq. ft.

$186,885 EMV

Status: Inactive Listing ID: 57562328

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Wedemeyer-St-Sheboygan-WI-53081/57562328_lid

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