$76,318 EMV

Single-Family
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11th Ave
Moline, IL 61265

Overview

This Single-Family is located at 11th Ave, Moline, IL 61265. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time.
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Status: Inactive
Listing ID: 59875254
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Learn about 11th Ave in Moline, IL

This single-family property is available as a foreclosure at 11th Ave. Based on our analysis of the current market conditions in Moline for 11th Ave and comparable listings, the estimated market value is $76,318. If purchased for rental purposes, the monthly rental rate could range between $800 and $1,080. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at 11th Ave are updated daily along with others in Moline, Illinois.


Buy this home for as little as

Plus with taxes and insurance

Based on 20% down, 30 year mortgage, with 5% APR

Principal
Interest
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Total Monthly Ownership Cost

All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependant on credit scores, loan timeline, and a down payment amount.

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Property Information

  • Source ID: 4157501
  • Day(s) On Site: 190
  • Subdivision: MARY J FLINTS 1ST ADD
  • Parcel Number: 08-32-400-027
  • Property Type: Single Family Dwelling
  • Owner Name: BANKORION
  • Recording Date: 02-28-2023
  • Owner Mailing Address: 1114 4TH ST
  • Document Number: 0000002206
  •  

Foreclosure

The property located at 11th Ave in Moline, IL is listed as a Foreclosure

Properties like 11th Ave in Moline, Illinois 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 Moline, IL. The longer lenders own properties like this on 11th Ave, 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 11th Ave located in Moline, IL is $940/month. Comparable homes around 11th Ave that are rentals have monthly ranges starting as low as $800 per month and as high as $1,080 per month. An owner looking to use this property as an investment could bring a return in the area of $800 - $1,080 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
01/03/23 01/24/23 Preforeclosure BANKORION
12/23/22 01/24/23 Preforeclosure Bankorion

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11th Ave
Moline, IL 61265

Single-Family

$76,318 EMV

Status: Inactive Listing ID: 59875254

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