$347,000 EMV

3 Beds   2 Baths   1,131 Sq. Ft.   Single-Family
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Ballico Ave
Ballico, CA 95303

Status: Inactive
Listing ID: 57614896

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,131
  • Year Built: 1975
  • Day(s) On Site: 110
  • Parcel Number: 140-050-020-000
  • Subdivision: BALLICO UN/DELHI ST LAND SETTL
  • Property Type: Single Family Dwelling
  • Owner First Name: JEROME
  • Owner Last Name: CHOATES
  • Recording Date: 03-17-2022
  • Trustee Name: CLEAR RECON CORP
  • Trustee City: SAN DIEGO
  • Trustee Address: 4375 JUTLAND DRIVE, SUITE 200
  • Trustee State: CA
  • Trustee Zip: 92117
  • Trustee Phone: (858) 750-7777
  • Trustee Sale Number: 095989-CA
  • Deed Category: NOD
  • Document Number: 014911
  • Page Number: 010955
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Potential Home Value

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Public Records

  • Bedrooms: 3
  • Baths: 2
  • Full Baths: 2
  • Rooms: 5
  • No. of Stories: 1
  • Air Conditioning: YES
  • Fireplaces: WOOD STOVE
  • Construction Type: WOOD/STEEL
  • Roof Material: COMPOSITION SHINGLE
  • Land Area Sqft: 39,940
  • Effective Year Built: 1975
  • Year Built: 1943
  • APN: 140-050-020-000
  • Property Type: Single Family Residence
  • Living Sqft: 1,131
  • Style: SQUARE DESIGN
  • Subdivision: BALLICO UN/DELHI ST LAND SETTL

Preforeclosure

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.

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    Loan Information

  • Lender Name: DLJ MTG CAPITAL, INC
  • Lender Phone: (858) 750-7777
  • 1st Mortgage Date: 03-01-2005
  • 1st Mortgage Amount: $202,000

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Rental Value

The estimated rental value for Ballico Ave located in Ballico, CA is $1,500/month. Comparable homes around Ballico Ave that are rentals have monthly ranges starting as low as $1,398 per month and as high as $1,650 per month. An owner looking to use this property as an investment could bring a return in the area of $1,398 - $1,650 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
06/17/22   Preforeclosure
03/08/22 06/19/22 Preforeclosure Dlj Mortgage Capital Inc
foreclosure.com

Ballico Ave
Ballico, CA 95303

3 Beds   2 Baths   1,131 sq. ft.   Single-Family

$347,000 EMV

Status: Inactive Listing ID: 57614896

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=Ballico-Ave-Ballico-CA-95303/57614896_lid

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