$332,121 EMV

3 Beds   3 Baths   1,661 Sq. Ft.
Get the Preforeclosure Address

Balboa Ct
New Bern, NC 28560


This Preforeclosure is located at Balboa Ct, New Bern, NC 28560. It has 3 Beds, 3 Baths , 1,661 sqft of living space. This property is currently in auction with an estimated market value of $332,121.
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Status: Inactive
Listing ID: 57980639

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Property Information

  • Bedrooms: 3
  • Bathrooms: 3
  • Living Area Size: 1,661
  • Year Built: 1988
  • Source ID: 21531492
  • Day(s) On Site: 79
  • Subdivision: NEUSE HARBOUR PH I
  • Trustee Name: JASON PURSER
  • Trustee Phone: (704) 333-8107
  • Deed Category: NFS

Potential Home Value

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Public Records

  • Bedrooms: 3
  • Baths: 3
  • Full Baths: 2
  • Half Baths: 2
  • Rooms: 6
  • No. of Stories: 1
  • Air Conditioning: HEAT PUMP
  • Exterior Wall Type: BRICK VENEER/WOOD
  • Foundation Type: MASONRY
  • Heating Type: HEAT PUMP
  • Roof Type: GABLE
  • Land Area Sqft: 37,897
  • Year Built: 1988
  • APN: 7-206-1-130
  • Property Type: Single Family Residence
  • Living Sqft: 1,661
  • Garage: ATTACHED
  • Subdivision: NEUSE HARBOUR PH I


Often, the preforeclosure period is the best time to purchase a property. The process begins when a lender first notifies a borrower that his or her loan payments are behind. If a borrower has no other means to bring the payments up to date, he or she is far better served to sell the property as soon as possible before it falls into foreclosure.

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.


Auction Information

  • Auction Date: 08-03-2022
  • Auction Time: 10:00 AM
  • Auction Address: 302 BROAD ST
  • Auction City: NEW BERN

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Rental Value

The estimated rental value for Balboa Ct located in New Bern, NC is $1,450/month. Comparable homes around Balboa Ct that are rentals have monthly ranges starting as low as $1,301 per month and as high as $1,600 per month. An owner looking to use this property as an investment could bring a return in the area of $1,301 - $1,600 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
05/24/22 08/03/22 Preforeclosure
07/16/21 07/24/21 As-is Deal

Balboa Ct
New Bern, NC 28560

3 Beds   3 Baths   1,661 sq. ft.

$332,121 EMV

Status: Inactive Listing ID: 57980639

Property Information

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Public Records

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Property Description

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