$200,940 EMV

3 Beds   1.5 Baths
Get the Preforeclosure Address

Beech Ave
Wilmington, DE 19805

Overview

This Preforeclosure is located at Beech Ave, Wilmington, DE 19805. It has 3 Beds, 1.5 Baths. This property is currently in auction with an estimated market value of $200,940.
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Status: Inactive
Listing ID: 58152627

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Rental Chart
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Property Information

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Year Built: 1941
  • Source ID: 22-003762
  • Day(s) On Site: 48
  • Subdivision: BROOKLAND TERRACE
  • Plaintiff: TOWN OF ELSMERE
  • Case Number: N22J-00912
  • Defendant Name: MARYANN HORNBROOK AND TAX PARCEL NO. 19-004.00-087
  • Attorney Law Firm: OFFIT KURMAN, P.A.
  • Attorney Phone: (302) 351-0917
  • Deed Category: NFS
  •  

Potential Home Value

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Public Records

  • Bedrooms: 3
  • Baths: 1.5
  • Full Baths: 1
  • Half Baths: 1
  • Rooms: 6
  • No. of Stories: 2
  • Fireplaces: YES
  • Exterior Wall Type: WOOD SIDING
  • Foundation Type: TYPE UNKNOWN
  • Heating Type: HOT WATER
  • Roof Material: WOOD SHAKE/SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 17,424
  • Year Built: 1941
  • APN: 07-035.30-159
  • Property Type: Single Family Residence
  • Township: CHRISTIANA HUNDRED
  • Front Footage: 193
  • Depth Footage: 100
  • Garage: YES
  • Style: COLONIAL
  • Subdivision: BROOKLAND TERRACE

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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Auction Information

  • Auction Date: 08-09-2022
  • Auction Time: 10:00 AM
  • Auction Location: Council Chambers, Louis L. Redding County Building, 800 N. French St,. First Floor. Wilmington, DE 19801

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Rental Value

The estimated rental value for Beech Ave located in Wilmington, DE is $1,100/month. Comparable homes around Beech Ave that are rentals have monthly ranges starting as low as $940 per month and as high as $1,261 per month. An owner looking to use this property as an investment could bring a return in the area of $940 - $1,261 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
03/06/20 10/02/20 Preforeclosure Quicken Loans Inc

Wilmington, DE
Home Inspectors
Reliable Home Inspection Service
Timothy Mogelesky
302-993-9100
Gregory Burns
302-993-9100
HomePro Systems of Delaware Valley, Inc.
John Spoehr
610-328-5525
Reliable Home Inspection Service
John Kerrigan
302-993-9100
Parke Home Inspection, Inc.
Philip E Parke Sr.
302-999-7275
Homes On This Street
View more homes on Beech Ave
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Beech Ave
Wilmington, DE 19805

3 Beds   1.5 Baths

$200,940 EMV

Status: Inactive Listing ID: 58152627

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=Beech-Ave-Wilmington-DE-19805/58152627_lid

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