This post was contributed by a community member. The views expressed here are the author's own.

Community Corner

Sold: Two Homes Sell in Mendota Heights

Minnesota is still avoiding the worst of the foreclosures.

While there are still plenty of short sales and bank-owned homes available for Minnesota home buyers, Minnesota is doing comparatively well.

Minnesota ranks number one for home ownership among the fifty states, but California is number one in foreclosure filings, accounting for more than half the nation’s foreclosures with 59,383 properties foreclosed in August.

Florida came in second with 23,569 foreclosures, a five percent increase from the previous month.

Find out what's happening in Mendota Heightswith free, real-time updates from Patch.

But nationally, August foreclosures were down one percent from July and down 43 percent from the high in March 2010. Of the two properties to close in Mendota Heights last week, one was a short sale and one a traditional sale.

 

Find out what's happening in Mendota Heightswith free, real-time updates from Patch.

1) 756 Decorah Lane, Mendota Heights

Listed by: Re/Max Solutions

Single family home
Four bedrooms, two bath

Days on Market: 188

Short sale

Closed: Sept. 13, 2011

Original List Price: $199,900

List Price at Time of Offer: $159,900

Sold Price: $166,400

 

2) 2095 Valencour Circle, Mendota Heights

Listed by: The Home Advantage

Single family home
Four bedrooms, two baths

Days on Market: 187

Closed: Sept. 9, 2011

Original List Price: $185,000

List Price at Time of Offer: $185,000

Sold Price: $169,000

Seller contribution: $3,380

We’ve removed the ability to reply as we work to make improvements. Learn more here

The views expressed in this post are the author's own. Want to post on Patch?

More from Mendota Heights