$287,298 EMV

Condo
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18th Ave S Apt W202
Federal Way, WA 98003

Overview

This Condo is located at 18th Ave S Apt W202, Federal Way, WA 98003. 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: 58313253

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Property Information

  • Source ID: 185263834
  • Day(s) On Site: 193
  • Subdivision: THE VILLAGE OF REDONDO
  • Parcel Number: 894444-1840
  • Property Type: Condo
  • Recording Date: 07-12-2022
  • Owner Name: LAKEVIEW LOAN SERVICING LLC
  • Document Number: 0000000840
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Foreclosure

Properties 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. The longer lenders own properties, however, 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 18th Ave S Apt W202 located in Federal Way, WA is $1,301/month. Comparable homes around 18th Ave S Apt W202 that are rentals have monthly ranges starting as low as $1,100 per month and as high as $1,490 per month. An owner looking to use this property as an investment could bring a return in the area of $1,100 - $1,490 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.


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18th Ave S Apt W202
Federal Way, WA 98003

Condo

$287,298 EMV

Status: Inactive Listing ID: 58313253

Property Information

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=18th-Ave-S-Apt-W202-Federal-Way-WA-98003/58313253_lid

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