$215,486 EMV

2 Beds   1 Bath   1,062 Sq. Ft.   Single-Family
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County Road 236
Effie, MN 56639

Overview

This Single-Family Foreclosure is located at County Road 236, Effie, MN 56639. It has 2 Beds 1 Bath , 1,062 sqft of living space. This property is currently bank owned with an estimated market value of $215,486.
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Status: Active
Listing ID: 62994755
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Nearby Foreclosures

Homes near County Road 236 in Effie, Minnesota


Learn about County Road 236 in Effie, MN

This single-family property is available as a foreclosure at County Road 236. This property features 2 bedrooms and 1 bathrooms, perfect for investment and/or your personal residence. With 1,062 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 Effie, specifically for County Road 236 and comparable listings. Based on this expert analysis, the estimated market value is $215,486. If purchased for rental purposes, the monthly rental rate could range between $980 and $1,321, 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 County Road 236 are updated daily along with others in Effie, 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 County Road 236 below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


Foreclosure Timeline

County Road 236 in Effie Minnesota Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on County Road 236
View Foreclosure Status
01/17/25
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: County Road 236 Effie MN 56639

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What is the city of Effie, MN like?

Effie is a small, serene village nestled within the vast wilderness of northern Minnesota. Known for its natural beauty, the area offers a tranquil lifestyle enriched by stunning lakes and dense forests, making it an attractive destination for nature lovers and outdoor enthusiasts. Residents here enjoy a tight-knit community atmosphere while having access to various outdoor activities such as fishing, hiking, and snowmobiling.

The village's location provides residents with a sense of seclusion, yet it's within driving distance to larger towns for shopping and dining. Effie's proximity to major highways ensures convenient travel to nearby cities, while maintaining the charm and peace of rural living. Outdoor recreational spots, including numerous lakes, offer ample opportunities for water sports and relaxation during the hot summer months.

Families in Effie benefit from a supportive community with a rich history. The area boasts local events and festivals that foster connections among residents, enhancing the quality of life. Educational institutions, while limited in number due to the village size, contribute to a focused learning environment, further appreciated by the community.

Nearby Schools

There are 3 schools in the area. Nearby schools include Effie Public School and Bigfork High School.

Effie Public School
Bigfork High School
Cohasset Elementary School

Nearby Attractions

There are plenty of activities near this property like Itasca County Library, Northwoods Caregivers, and more.

Itasca County Library
Northwoods Caregivers
Heartwood Senior Living

What kind of public transportation is there?


Public transportation options include: Limited local bus services providing transport to the nearest larger towns, Ride-sharing options available but limited due to rural nature. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Forest History Center, Black Lake Park and more.

Forest History Center
Black Lake Park
Itasca County Park

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
AT&T
T-Mobile

Internet Providers

Mediacom
Paul Bunyan Telephone
CenturyLink
Rental Chart
View Rental and Market Value
for County Road 236 in Effie Minnesota
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Property Information

Foreclosure

The property located at County Road 236 in Effie, MN is listed as a Foreclosure

Properties like County Road 236 in Effie, 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 Effie, MN. The longer lenders own properties like this on County Road 236, 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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Auction Information

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Rental Value

The estimated rental value for County Road 236 located in Effie, MN is $1,151/month. Comparable homes around County Road 236 that are rentals have monthly ranges starting as low as $980 per month and as high as $1,321 per month. An owner looking to use this property as an investment could bring a return in the area of $980 - $1,321 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
01/17/25   Foreclosure
01/10/23 12/04/24 Preforeclosure
08/24/16 12/28/16 Foreclosure
08/20/16 12/24/16 Foreclosure

Similar Homes Nearby Effie, MN


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foreclosure.com

County Road 236
Effie, MN 56639

2 Beds   1 Bath   1,062 sq. ft.   Single-Family

$215,486 EMV

Status: Active Listing ID: 62994755

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Listing URL

https://www.foreclosure.com/listing/address.html?address=County-Road-236-Effie-MN-56639/62994755_lid

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