5 Beds   3.2 Baths   3,556 Sq. Ft.   Single-Family
Get the Preforeclosure Address

Zebulon St Nw
Elk River, MN 55330

Overview

This Single-Family Preforeclosure is located at Zebulon St Nw, Elk River, MN 55330. It has 5 Beds, 3.2 Baths , 3,556 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 55805701

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Property Information

  • Bedrooms: 5
  • Bathrooms: 3.2
  • Living Area Size: 3,556
  • Lot Size: 2.50 acres
  • Year Built: 1972
  • Source ID: 197164441
  • Day(s) On Site: 649
  • Subdivision: R B J INDUSTRIES INC
  • Parcel Number: 751303320
  • Property Type: Single Family Dwelling
  • Plaintiff: Argent Mortgage
  • Defendant Name: Karen M Straka
  • Recording Date: 10-22-2020
  • 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: MN10461
  • Deed Category: NTS
  • Mortgage Balance: $124,725

Potential Home Value

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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: 01-12-2021
  • Auction Time: 10:00 AM
  • Auction Address: Sherburne County Courthouse, 13880 Highway 10
  • Auction City: Elk River

    Loan Information

  • 1st Mortgage Date: 08-23-2004
  • Mortgage Balance: $124,725

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Elk River, MN
Home Inspectors
Harmony Home Inspections, Inc.
Dave Klutch
763-442-0084
Heartland Inspections
Matt B Karr
612-961-3306
Homes On This Street
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Zebulon St Nw
Elk River, MN 55330

5 Beds   3.2 Baths   3,556 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 55805701

Property Information

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Public Records

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Property Description

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Listing URL

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