CoiNuts Owners’ Home Faces Auction

The home of CoiNuts owner Kevin E. Mitchell and his wife, Brenda, is going to be auctioned on June 27. The home, located 37593 E. Hayden Lake Road, has been in foreclosure. A notice of trustee’s sale, filed by First American Title Co., in Coeur d’Alene, said the monthly payment of $3,760 hasn’t been made since October. As of Jan. 31 there was a unpaid principal balance of $840,000, according to the notice. A representative of First American Title, at 1866 N. Lakewood Drive, said she didn’t know the minimum bid amount. She said the office will host the auction at 10 a.m. on June 27. Kootenai County Assessor records show the total market value is $767,000, with an appraisal date of Jan. 1, 2012/ David Cole , Coeur d’Alene Press. More here.

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