2 Beds   1 Bath   924 Sq. Ft.

1417 Drake Ave, Centerville, IA 52544


This Foreclosure is located at Drake Ave, Centerville, IA 52544. It has 2 Beds, 1 Bath , 924 sqft of living space. This property is currently bank owned.
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Status: Inactive
Listing ID: 26847812

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Property Information

  • Price: $22,950
  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 924
  • Total Rooms: 2
  • Parking: Driveway
  • HOA Fees: $0
  • Year Built: 1925
  • Additional Information: FHA Financing: IE (Insured Escrow), 203K Eligible: Yes, Repair Escrow: $2,200.00, Escrow Information: Review PCR for Repair Escrow Items
  • Source ID: 161-219301
  • Day(s) On Site: 4210
  • Subdivision: AUD
  • Appraised Value: $35,000
  • Input Date: 05-25-2011

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Public Records

  • Bedrooms: 2
  • Rooms: 4
  • Land Area Sqft: 6,534
  • Year Built: 1925
  • APN: 340011029180000
  • Property Type: Single Family Residence
  • Living Sqft: 924
  • Subdivision: AUD

HUD Home

Purchase this incredible HUD home with a low down payment! U.S. Department of Housing and Urban Development (HUD) is a federal agency that insures mortgages to homeowners through its Federal Housing Administration (FHA). Therefore, when banks foreclose on HUD-guaranteed mortgages, the government agency acquires the properties and often offers them for sale at super low prices to the public. HUD houses are among the very best deals in real estate today and, accordingly, don't last long on the market. Act fast!

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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Listing History

Start Date End Date Listing Type Bank Name
06/17/13 06/17/15 Tax Lien
01/16/11 07/27/11 Foreclosure

Drake Ave
Centerville, IA 52544

2 Beds   1 Bath   924 sq. ft.


Status: Inactive Listing ID: 26847812

Property Information

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Public Records

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Property Description

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