$162,048 EMV

4 Beds 2,476 Sq. Ft.   Single-Family
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Beverly Dr
Montgomery, AL 36111

Overview

This Single-Family Foreclosure is located at Beverly Dr, Montgomery, AL 36111. It has 4 Beds, , 2,476 sqft of living space. This property is currently bank owned with an estimated market value of $162,048.
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Status: Active
Listing ID: 59808273
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Learn about Beverly Dr in Montgomery, AL

This single-family property is available as a foreclosure at Beverly Dr. Based on our analysis of the current market conditions in Montgomery for Beverly Dr and comparable listings, the estimated market value is $162,048. If purchased for rental purposes, the monthly rental rate could range between $1,072 and $1,400. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Beverly Dr are updated daily along with others in Montgomery, Alabama. Since this property is a foreclosure, check out our Foreclosure Timeline for Beverly Dr below to see helpful information about this listing.


Foreclosure Timeline

Beverly Dr in Montgomery Alabama Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

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02/17/23
Bank owned
Properties 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. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
10/06/22
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
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Foreclosure

The property located at Beverly Dr in Montgomery, AL is listed as a Foreclosure

Properties like Beverly Dr in Montgomery, Alabama 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 Montgomery, AL. The longer lenders own properties like this on Beverly Dr, 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 Beverly Dr located in Montgomery, AL is $1,220/month. Comparable homes around Beverly Dr that are rentals have monthly ranges starting as low as $1,072 per month and as high as $1,400 per month. An owner looking to use this property as an investment could bring a return in the area of $1,072 - $1,400 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.

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Beverly Dr
Montgomery, AL 36111

4 Beds 2,476 sq. ft.   Single-Family

$162,048 EMV

Status: Active Listing ID: 59808273

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=Beverly-Dr-Montgomery-AL-36111/59808273_lid

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