$209,524 EMV

3 Beds   2.5 Baths   1,298 Sq. Ft.   Single-Family
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Logan Ave N
Minneapolis, MN 55412

Overview

This Single-Family Foreclosure is located at Logan Ave N, Minneapolis, MN 55412. It has 3 Beds, 2.5 Baths , 1,298 sqft of living space. This property is currently bank owned with an estimated market value of $209,524.
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Status: Active
Listing ID: 58019245

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Foreclosure Timeline

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

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05/20/22
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.
02/07/13
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
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Foreclosure

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 through a local real estate agent or auction house. The longer lenders own properties, however, 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 Logan Ave N located in Minneapolis, MN is $1,271/month. Comparable homes around Logan Ave N that are rentals have monthly ranges starting as low as $1,080 per month and as high as $1,460 per month. An owner looking to use this property as an investment could bring a return in the area of $1,080 - $1,460 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.


Minneapolis, MN
Home Inspectors
Structure Tech Home Inspections
DJ Starzec
952-915-6466
LEAF Building Services
Adam Anderson
612-221-3450
Structure Tech Home Inspections
Scott Mahley
952-915-6466
Inspecta-Homes
Jesse Mueller
612-978-6706
Minnesota Home Inspectors LLC
Kenneth Rowe
651-489-4633
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Logan Ave N
Minneapolis, MN 55412

3 Beds   2.5 Baths   1,298 sq. ft.   Single-Family

$209,524 EMV

Status: Active Listing ID: 58019245

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/index.html?&listingid=58019245

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