$95,000

2 Beds   1 Bath   768 Sq. Ft.
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4th St Ne
Devils Lake, ND 58301

Potential Profit

$39,930

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Status: Inactive
Listing ID: 57981708

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Property Information

  • Price: $95,000
  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 768
  • Total Rooms: 6
  • Parking: Garage (1 space)
  • Year Built: 1932
  • Source ID: 401-146709
  • Additional Information: Eligible Bidders: Owner Occupants, Nonprofits, and Government Agencies only, 203K Eligible: Yes
  • Day(s) On Site: 39
  • Subdivision: DODGES 2ND ADD
  • Input Date: 05-23-2022
  • Financing Type: FHA Insured Escrow

Potential Home Value

This property has untapped potential!

Current Value
$95,000
Potential Value
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Public Records

  • APN: 39040700011000
  • Property Type: Single Family Residence
  • Township: DEVILS LAKE
  • Subdivision: DODGES 2ND ADD

HUD Home

Purchase this incredible HUD home with a low down payment! U.S. Department of Housing and Urban Development (HUD) is a federal agency that insures mortgages to homeowners through its Federal Housing Administration (FHA). Therefore, when banks foreclose on HUD-guaranteed mortgages, the government agency acquires the properties and often offers them for sale at super low prices to the public. HUD houses are among the very best deals in real estate today and, accordingly, don't last long on the market. Act fast!

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 St Ne located in Devils Lake, ND is $1,020/month. Comparable homes around 4th St Ne that are rentals have monthly ranges starting as low as $870 per month and as high as $1,171 per month. An owner looking to use this property as an investment could bring a return in the area of $870 - $1,171 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
11/30/21 04/26/22 Foreclosure
11/24/21 04/20/22 Preforeclosure
foreclosure.com

4th St Ne
Devils Lake, ND 58301

2 Beds   1 Bath   768 sq. ft.

$95,000

Status: Inactive Listing ID: 57981708

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=4th-St-Ne-Devils-Lake-ND-58301/57981708_lid

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