$25,000

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4th Ave
Cartwright, OK 74731

Potential Profit
$129,271

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Status: Active
Listing ID: 56304013
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Learn about 4th Ave in Cartwright, OK

This property is available as a foreclosure at 4th Ave. Based on our analysis of the current market conditions in Cartwright for 4th Ave and comparable listings, the estimated market value is $139,578. The property located at has potential equity of $129,271. If purchased for rental purposes, the monthly rental rate could range between $1,090 and $1,470. For those interested in resale, the estimated profit from selling is $129,271. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at 4th Ave are updated daily along with others in Cartwright, Oklahoma. Since this property is a foreclosure, check out our Foreclosure Timeline for 4th 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

4th Ave in Cartwright Oklahoma Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on 4th Ave
View Foreclosure Status
04/22/21
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $25,000. 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.
04/07/21
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 4th Ave in Cartwright Oklahoma
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Property Information

Foreclosure

The property located at 4th Ave in Cartwright, OK is listed as a Foreclosure

Properties like 4th Ave in Cartwright, Oklahoma 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 Cartwright, OK. The longer lenders own properties like this on 4th 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 4th Ave located in Cartwright, OK is $1,281/month. Comparable homes around 4th Ave that are rentals have monthly ranges starting as low as $1,090 per month and as high as $1,470 per month. An owner looking to use this property as an investment could bring a return in the area of $1,090 - $1,470 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
10/01/21 10/12/21 Preforeclosure
04/07/21 04/27/21 Preforeclosure
01/08/16 09/30/16 Foreclosure

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4th Ave
Cartwright, OK 74731

$25,000

Status: Active Listing ID: 56304013

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