5 Beds   3.5 Baths   3,412 Sq. Ft.

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Zebulon St Nw
Elk River, MN 55330

Status: Inactive
Listing ID: 56698891

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Property Information

  • Bedrooms: 5
  • Bathrooms: 3.5
  • Living Area Size: 3,412
  • Year Built: 1990
  • Source ID: 21272517
  • Subdivision: R B J INDUSTRIES INC
  • Parcel Number: 75-130-3320
  • Plaintiff: WELLS FARGO BANK
  • Defendant Name: KAREN M STRAKA
  • Trustee City: SAINT PAUL
  • Trustee Name: HALLIDAY WATKINS AND MANN P C
  • Trustee Address: 101 FIFTH STREET EAST SUITE 2626
  • Trustee State: MN
  • Trustee Zip: 55101
  • Trustee Phone: (651) 291-8955
  • Deed Category: NFS

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Public Records

  • Bedrooms: 5
  • Baths: 3.5
  • Full Baths: 3
  • Half Baths: 1
  • No. of Stories: 2
  • Parking: DETACHED GARAGE
  • Parking Sqft: 1,200
  • Air Conditioning: YES
  • Fireplaces: YES
  • Construction Type: WOOD
  • Exterior Wall Type: STUCCO
  • Heating Fuel: GAS
  • Heating Type: FORCED AIR
  • Roof Material: COMPOSITION SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 108,900
  • Effective Year Built: 1990
  • Year Built: 1972
  • APN: 75-130-3320
  • Property Type: Single Family Residence
  • Township: ELK RIVER
  • Living Sqft: 3,412
  • Garage: DETACHED
  • Subdivision: R B J INDUSTRIES INC

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: 10-13-2021
  • Auction Time: 10:00 AM
  • Auction Address: 13880 BUSINESS CTR DR
  • Auction City: ELK RIVER

    Loan Information

  • 1st Mortgage Date: 10-19-2004

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Elk River, MN
Home Inspectors

Heartland Inspections
Matt B Karr
612-961-3306
Harmony Home Inspections, Inc.
Dave Klutch
763-442-0084
foreclosure.com

Zebulon St Nw
Elk River, MN 55330

5 Beds   3.5 Baths   3,412 sq. ft.

 

Status: Inactive Listing ID: 56698891

Property Information

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Public Records

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Property Description

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Listing URL

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