$338,698 EMV

3 Beds   2 Baths   2,268 Sq. Ft.   Single-Family
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2nd St E
Wanamingo, MN 55983

Overview

This Single-Family Foreclosure is located at 2nd St E, Wanamingo, MN 55983. It has 3 Beds 2 Baths , 2,268 sqft of living space. This property is currently bank owned with an estimated market value of $338,698.
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Status: Active
Listing ID: 63497788
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Homes near 2nd St E in Wanamingo, Minnesota


Learn about 2nd St E in Wanamingo, MN

This single-family property is available as a foreclosure at 2nd St E. This property features 3 bedrooms and 2 bathrooms, perfect for investment and/or your personal residence. With 2,268 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Wanamingo, specifically for 2nd St E and comparable listings. Based on this expert analysis, the estimated market value is $338,698. If purchased for rental purposes, the monthly rental rate could range between $1,570 and $2,130, providing a solid return on investment. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on 2nd St E are updated daily along with others in Wanamingo, Minnesota, ensuring you have the most current and accurate information. Since this property is a foreclosure, be sure to check out our Foreclosure Timeline for 2nd St E below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


Foreclosure Timeline

2nd St E in Wanamingo Minnesota Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on 2nd St E
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05/03/25
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.

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Address: 2nd St E Wanamingo MN 55983

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What is the city of Wanamingo, MN like?

Wanamingo, located in Goodhue County, Minnesota, is a charming small town with a strong sense of community and an inviting atmosphere. Residents enjoy a relaxed lifestyle, characterized by friendly neighbors, quaint shops, and picturesque surroundings that include rolling hills and lush landscapes.

The town boasts several amenities, including local restaurants, parks, and community events that foster a close-knit environment. For families, Wanamingo offers access to quality education and recreational activities that encourage a balanced and fulfilling lifestyle.

Outdoor enthusiasts will appreciate the nearby parks and natural areas that provide opportunities for hiking, biking, and enjoying the beauty of Minnesota's outdoors. Additionally, the town hosts seasonal festivals and events that bring the community together and showcase local talents.

Nearby Schools

There are 3 schools in the area. Nearby schools include Wanamigo Elementary School and Goodhue High School.

Wanamigo Elementary School
Goodhue High School
Cannon Falls High School

Nearby Attractions

There are plenty of activities near this property like Wanamigo Library, Wanamigo Community Center, and more.

Wanamigo Library
Wanamigo Community Center
Cannon Falls Health Services

What kind of public transportation is there?


Public transportation options include: City shuttle services for seniors and low-income residents, Limited regional bus services connecting to nearby towns. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Wanamigo Community Park, Cannon Falls Dog Park and more.

Wanamigo Community Park
Cannon Falls Dog Park
Goodhue County Parks

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
AT&T
T-Mobile

Internet Providers

Spectrum
Juno
HughesNet
Rental Chart
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Property Information

Public Records

Community & Neighborhood

This property in Wanamingo, MN is located in the Wanamingo Subdivision.


Foreclosure

The property located at 2nd St E in Wanamingo, MN is listed as a Foreclosure

Properties like 2nd St E in Wanamingo, Minnesota 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 in Wanamingo, MN. The longer lenders own properties like this on 2nd St E, 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 2nd St E located in Wanamingo, MN is $1,850/month. Comparable homes around 2nd St E that are rentals have monthly ranges starting as low as $1,570 per month and as high as $2,130 per month. An owner looking to use this property as an investment could bring a return in the area of $1,570 - $2,130 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.

Listing History

Start Date End Date Listing Type Bank Name
05/03/25   Foreclosure
02/21/25 04/30/25 Preforeclosure Cardinal Financial Company,...
01/21/25 04/30/25 Preforeclosure
12/24/24 04/30/25 Preforeclosure FREEDOM MORTGAGE CORPORATION

Similar Homes Nearby Wanamingo, MN


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Homes On This Street
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2nd St E
Wanamingo, MN 55983

3 Beds   2 Baths   2,268 sq. ft.   Single-Family

$338,698 EMV

Status: Active Listing ID: 63497788

Property Information

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=2nd-St-E-Wanamingo-MN-55983/63497788_lid

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