2 Beds   1 Bath   1,200 Sq. Ft.   Single-Family
Get the Preforeclosure Address

N 27th Ave W
Duluth, MN 55806

Overview

This Single-Family Preforeclosure is located at N 27th Ave W, Duluth, MN 55806. It has 2 Beds, 1 Bath , 1,200 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 57612138

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Property Information

  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 1,200
  • Lot Size: 0.00 acres
  • Year Built: 1891
  • Source ID: 191163383
  • Day(s) On Site: 159
  • Subdivision: DULUTH PROPER 02 DIV
  • Parcel Number: 010-1180-03170
  • Property Type: Single Family Dwelling
  • Plaintiff: North Shore Bank Of Commerce
  • Defendant Name: DERECK MURPHY-WILLIAMS
  • Recording Date: 04-06-2022
  • Trustee Name: WILFORD, GESKE & COOK
  • Trustee Address: 7616 Currell Blvd
  • Trustee City: Woodbury
  • Trustee State: MN
  • Trustee Zip: 55125
  • Trustee Phone: (651) 209-3300
  • Deed Category: NTS
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Potential Home Value

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Public Records

  • Bedrooms: 2
  • Baths: 1
  • Full Baths: 1
  • Rooms: 6
  • No. of Stories: 2
  • Parking: DETACHED GARAGE
  • Parking Sqft: 252
  • Construction Type: WOOD
  • Foundation Type: RAISED W/BASEMENT
  • Heating Fuel: GAS
  • Heating Type: RADIATOR
  • Roof Type: HIP
  • Year Built: 1891
  • APN: 010118003170
  • Property Type: Single Family Residence
  • Living Sqft: 634
  • Garage: DETACHED
  • Subdivision: DULUTH PROPER 02 DIV

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: 05-04-2022
  • Auction Time: 10:00 AM
  • Auction Address: Saint Louis County Sheriff's Office, 100 N Fifth Ave W #103
  • Auction City: Duluth

    Loan Information

  • 1st Mortgage Date: 03-20-2014

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Duluth, MN
Home Inspectors
Inspection Protection
Paul J Bugge
218-525-3936
Cover-All Home Inpections
Paul Bachinski
218-391-9522
Homes On This Street
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N 27th Ave W
Duluth, MN 55806

2 Beds   1 Bath   1,200 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 57612138

Property Information

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Public Records

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Property Description

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Listing URL

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