$64,900

3 Beds   2 Baths   Single-Family
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17th Ave
Columbus, GA 31904

Overview

This Single-Family Foreclosure is located at 17th Ave, Columbus, GA 31904. It has 3 Beds, 2 Baths. This property is currently bank owned with an estimated market value of $55,318.
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Status: Active
Listing ID: 59815080
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Learn about 17th Ave in Columbus, GA

This single-family property is available as a foreclosure at 17th Ave. Based on our analysis of the current market conditions in Columbus for 17th Ave and comparable listings, the estimated market value is $55,318. The property located at single-family has potential equity of $-8,465. If purchased for rental purposes, the monthly rental rate could range between $1,100 and $1,220. For those interested in resale, the estimated profit from selling is $-8,465. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at 17th Ave are updated daily along with others in Columbus, Georgia. Since this property is a foreclosure, check out our Foreclosure Timeline for 17th Ave below to see helpful information about this listing.


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

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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.

Foreclosure Timeline

17th Ave in Columbus Georgia Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on 17th Ave
View Foreclosure Status
03/05/23
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $64,900. 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. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
09/19/16
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
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Community & Neighborhood

This property in Columbus, GA is located in the Sherwood Forest Subdivision.


Foreclosure

The property located at 17th Ave in Columbus, GA is listed as a Foreclosure

Properties like 17th Ave in Columbus, Georgia 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 Columbus, GA. The longer lenders own properties like this on 17th 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 17th Ave located in Columbus, GA is $1,160/month. Comparable homes around 17th Ave that are rentals have monthly ranges starting as low as $1,100 per month and as high as $1,220 per month. An owner looking to use this property as an investment could bring a return in the area of $1,100 - $1,220 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.

Similar Homes Nearby Columbus, GA


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Homes On This Street
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17th Ave
Columbus, GA 31904

3 Beds   2 Baths   Single-Family

$64,900

Status: Active Listing ID: 59815080

Property Information

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Public Records

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Property Description

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