3 Beds   1 Bath   1,326 Sq. Ft.   Single-Family

16811 Eldamere Ave, Cleveland, OH 44128

Status: Inactive
Listing ID: 47498128

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Property Information

  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,326
  • Garage Description: DETACHED
  • Total Rooms: 6
  • Lot Size: 0.13 acres
  • Levels: 2
  • Heating Type: Forced Air
  • Year Built: 1949
  • Source ID: 17057229
  • Day(s) On Site: 2278
  • Assessed Value: $23,630
  • Parcel Number: 14015056
  • Property Type: Single Family Dwelling
  • Plaintiff: WELLS FARGO BANK
  • Defendant Name: LAWSON EARL
  • Case Number: CV14836331
  • Trustee Name: JOHN CODREA
  • Trustee Address: 1801 AKRON PENINSULA RD
  • Trustee City: AKRON
  • Trustee State: OH
  • Trustee Zip: 44313
  • Trustee Phone: (330) 929-5417
  • Deed Category: NFS

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Public Records

  • Bedrooms: 3
  • Baths: 1
  • Full Baths: 1
  • Rooms: 6
  • No. of Stories: 2
  • Basement Sqft: 650
  • Parking: DETACHED GARAGE
  • Parking Sqft: 324
  • Air Conditioning: YES
  • Exterior Wall Type: ALUMINUM/VINYL
  • Heating Fuel: GAS
  • Heating Type: FORCED AIR
  • Roof Material: ASPHALT SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 5,760
  • Effective Year Built: 1962
  • Year Built: 1949
  • APN: 140-15-056
  • Property Type: Single Family Residence
  • Front Footage: 40
  • Depth Footage: 144
  • Living Sqft: 1,326
  • Basement Finish Type: UNFINISHED
  • Garage: DETACHED
  • Style: COLONIAL
  • Sewer Type: PUBLIC
  • Water Type: PUBLIC
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Preforeclosure

Often, the preforeclosure period is the best time to purchase a property. The process begins when a lender first notifies a borrower that his or her loan payments are behind. If a borrower has no other means to bring the payments up to date, he or she is far better served to sell the property as soon as possible before it falls into foreclosure.

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

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Auction Information

  • Auction Date: 11-23-2015
  • Auction Time: 09:00 AM
  • Auction Address: 1215 WEST 3RD STREET
  • Auction City: CLEVELAND

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Listing History

Start Date End Date Listing Type Bank Name
12/04/14 07/02/15 Preforeclosure

Homes On This Street
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Eldamere Ave
Cleveland, OH 44128

3 Beds   1 Bath   1,326 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 47498128

Property Information

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Public Records

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Property Description

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