3 Beds   2 Baths   1,516 Sq. Ft.   Single-Family
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Floral Ct
Apple Valley, MN 55124

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Overview

This Single-Family is located at Floral Ct, Apple Valley, MN 55124. This listing is NOT an active listing. It has 3 Beds, 2 Baths , 1,516 sqft of living space. This property is currently in pre-foreclosure
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Status: Inactive
Listing ID: 45453049

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,516
  • Garage Description: DETACHED
  • Lot Size: 0.42 acres
  • Year Built: 1979
  • Source ID: 15775347
  • Estimated Value: $262,333
  • Day(s) On Site: 2916
  • Subdivision: NORDIC WOODS 2ND ADD
  • Assessed Value: $223,488
  • Parcel Number: 015200101090
  • Property Type: Single Family Dwelling
  • Defendant Name: MEYER DUWAYNE J
  • Recording Date: 08-11-2014
  • Trustee Name: FOLEY AND MANSFIELD
  • Trustee Address: 250 MARQUETTE AVENUE SUITE 1200
  • Trustee City: MINNEAPOLIS
  • Trustee State: MN
  • Trustee Zip: 55401
  • Trustee Phone: (612) 338-8788
  • Deed Category: NOD
  • Document Number: 3024421

Potential Home Value

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Public Records

  • Bedrooms: 3
  • Baths: 2.5
  • Full Baths: 2
  • Half Baths: 1
  • No. of Stories: SPLIT LEVEL
  • Parking: UNFINISHED GARAGE
  • Parking Sqft: 672
  • Construction Type: WOOD
  • Land Area Sqft: 18,295
  • Effective Year Built: 1983
  • Year Built: 1979
  • APN: 01-52001-01-090
  • Property Type: Single Family Residence
  • Township: APPLE VALLEY
  • Garage: UNFINISHED
  • Subdivision: NORDIC WOODS 2ND ADD

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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    Loan Information

  • 1st Mortgage Date: 10-13-2004

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Listing History

Start Date End Date Listing Type Bank Name
09/21/18   Bankruptcy
04/11/12 05/25/12 Preforeclosure FIRST MORTGAGE FINANCIAL CORP

Apple Valley, MN
Home Inspectors
Homtech, Inc
Karl A Sanders ACI
612-408-4000
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Floral Ct
Apple Valley, MN 55124

3 Beds   2 Baths   1,516 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 45453049

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=45453049

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