$67,500 EMV

Single-Family
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32nd St
Newport News, VA 23607

Overview

This Single-Family Foreclosure is located at 32nd St, Newport News, VA 23607. This property is currently bank owned with an estimated market value of $67,500.
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Status: Active
Listing ID: 59248249
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Learn about 32nd St in Newport News, VA

This single-family property is available as a foreclosure at 32nd St. Based on our analysis of the current market conditions in Newport News for 32nd St and comparable listings, the estimated market value is $67,500. If purchased for rental purposes, the monthly rental rate could range between $1,100 and $1,490. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at 32nd St are updated daily along with others in Newport News, Virginia. Since this property is a foreclosure, check out our Foreclosure Timeline for 32nd St below to see helpful information about this listing.


Foreclosure Timeline

32nd St in Newport News Virginia Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on 32nd St
View Foreclosure Status
12/27/22
Bank owned
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. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
11/14/22
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
Rental Chart
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for 32nd St in Newport News Virginia
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Property Information

Foreclosure

The property located at 32nd St in Newport News, VA is listed as a Foreclosure

Properties like 32nd St in Newport News, Virginia 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 Newport News, VA. The longer lenders own properties like this on 32nd St, 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 32nd St located in Newport News, VA is $1,301/month. Comparable homes around 32nd St 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.

Listing History

Start Date End Date Listing Type Bank Name
11/14/22 11/29/22 Preforeclosure

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32nd St
Newport News, VA 23607

Single-Family

$67,500 EMV

Status: Active Listing ID: 59248249

Property Information

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=32nd-St-Newport-News-VA-23607/59248249_lid

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