$323,910 EMV

Single-Family
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Bowers Beach Rd
Frederica, DE 19946

Overview

This Single-Family Foreclosure is located at Bowers Beach Rd, Frederica, DE 19946. This property is currently bank owned with an estimated market value of $323,910.
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Status: Active
Listing ID: 61140583
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Learn about Bowers Beach Rd in Frederica, DE

This single-family property is available as a foreclosure at Bowers Beach Rd. Based on our analysis of the current market conditions in Frederica for Bowers Beach Rd and comparable listings, the estimated market value is $323,910. If purchased for rental purposes, the monthly rental rate could range between $1,720 and $2,100. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Bowers Beach Rd are updated daily along with others in Frederica, Delaware. Since this property is a foreclosure, check out our Foreclosure Timeline for Bowers Beach Rd below to see helpful information about this listing.


Foreclosure Timeline

Bowers Beach Rd in Frederica Delaware Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Bowers Beach Rd
View Foreclosure Status
10/25/23
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.
Rental Chart
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for Bowers Beach Rd in Frederica Delaware
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Property Information

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Foreclosure

The property located at Bowers Beach Rd in Frederica, DE is listed as a Foreclosure

Properties like Bowers Beach Rd in Frederica, Delaware 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 Frederica, DE. The longer lenders own properties like this on Bowers Beach Rd, 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 Bowers Beach Rd located in Frederica, DE is $1,910/month. Comparable homes around Bowers Beach Rd that are rentals have monthly ranges starting as low as $1,720 per month and as high as $2,100 per month. An owner looking to use this property as an investment could bring a return in the area of $1,720 - $2,100 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
09/04/21 09/10/21 Fixer Upper

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Bowers Beach Rd
Frederica, DE 19946

Single-Family

$323,910 EMV

Status: Active Listing ID: 61140583

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=Bowers-Beach-Rd-Frederica-DE-19946/61140583_lid

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