3 Beds   1 Bath   1,225 Sq. Ft.   Single-Family
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Wilshire Pl Ne
Minneapolis, MN 55418

Status: Inactive
Listing ID: 56870181

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Property Information

  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,225
  • Lot Size: 0.21 acres
  • Year Built: 1954
  • Source ID: 186428328
  • Day(s) On Site: 82
  • Subdivision: OAK HILL PARK
  • Parcel Number: 01-029-24-13-0063
  • Property Type: Single Family Dwelling
  • Plaintiff: Home Equity Of America
  • Defendant Name: Charles O Olson
  • Recording Date: 11-04-2021
  • Trustee Name: HALLIDAY, WATKINS & MANN
  • Trustee Address: 101 5 Th St E
  • Trustee City: Saint Paul
  • Trustee State: MN
  • Trustee Zip: 55101
  • Trustee Phone: (651) 291-8955
  • Trustee Reference Number: MN10694
  • Deed Category: NTS
  • Mortgage Balance: $109,000

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Public Records

  • Bedrooms: 3
  • Baths: 1
  • Full Baths: 1
  • Rooms: 7
  • No. of Stories: 1
  • Basement Sqft: 919
  • Air Conditioning: YES
  • Fireplaces: YES
  • Construction Type: WOOD
  • Exterior Wall Type: METAL
  • Heating Type: FORCED AIR
  • Roof Material: ASPHALT
  • Roof Type: GABLE
  • Land Area Sqft: 8,276
  • Year Built: 1954
  • APN: 01-029-24-13-0063
  • Property Type: Single Family Residence
  • Township: MINNEAPOLIS
  • Front Footage: 61
  • Depth Footage: 148
  • Living Sqft: 1,225
  • Garage: ATTACHED
  • Subdivision: OAK HILL PARK


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: 12-16-2021
  • Auction Time: 9:00 AM
  • Auction Address: Hennepin County Sheriff's Office, Civil Division, Room 30, 350 South 5th Street
  • Auction City: Minneapolis

    Loan Information

  • 1st Mortgage Date: 06-23-2005
  • Mortgage Balance: $109,000

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Listing History

Start Date End Date Listing Type Bank Name
11/08/21 12/16/21 Preforeclosure FIFTH THIRD BANK

Minneapolis, MN
Home Inspectors
Acucheck Home Inspections
Bruce Blumenthal
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Devine Inspections
Todd A Devine
Homeview Inspections
Jim Carlson
Homes On This Street
View more homes on Wilshire Pl Ne

Wilshire Pl Ne
Minneapolis, MN 55418

3 Beds   1 Bath   1,225 sq. ft.   Single-Family


Status: Inactive Listing ID: 56870181

Property Information

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Public Records

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Property Description

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