3 Beds   2 Baths   1,590 Sq. Ft.   Single-Family
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Catalpa Rd
Millbrook, AL 36054

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Status: Inactive
Listing ID: 60989033
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Learn about Catalpa Rd in Millbrook, AL

This single-family property is available as a foreclosure at Catalpa Rd. It has 3 bedrooms, 2 bathrooms, and 1,590 square feet of living space. Based on our analysis of the current market conditions in Millbrook for Catalpa Rd and comparable listings, the estimated market value is $217,800. The property located at single-family has potential equity of $17,200. If purchased for rental purposes, the monthly rental rate could range between $1,110 and $1,390. For those interested in resale, the estimated profit from selling is $17,200. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Catalpa Rd are updated daily along with others in Millbrook, Alabama.

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All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependant on credit scores, loan timeline, and a down payment amount.

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Property Information

  • Price: $205,000
  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,590
  • Year Built: 1976
  • Subdivision: GRANDVIEW PINES 1A
  • Property Type: Single Family Dwelling

Public Records

  • Baths: 2
  • Full Baths: 2
  • Rooms: 6
  • No. of Stories: 1
  • Parking: CARPORT
  • Air Conditioning: CENTRAL
  • Fireplaces: 1 OPENING
  • Pool: YES
  • Exterior Wall Type: BRICK/WOOD
  • Floor Type: BRICK
  • Foundation Type: SLAB
  • Heating Fuel: GAS
  • Heating Type: CENTRAL
  • Roof Material: ASPHALT SHINGLE
  • Roof Type: GABLE
  • APN: 15-05-21-0-004-038000-0
  • Property Type: Single Family Residence
  • Living Sqft: 1,590
  • Garage: CARPORT
  • Subdivision: GRANDVIEW PINES 1A

Community & Neighborhood

This property in Millbrook, AL is located in the Grandview Pines 1a Subdivision.


The property located at Catalpa Rd in Millbrook, AL is listed as a Foreclosure

Properties like Catalpa Rd in Millbrook, 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 Millbrook, AL. The longer lenders own properties like this on Catalpa 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 Catalpa Rd located in Millbrook, AL is $1,211/month. Comparable homes around Catalpa Rd that are rentals have monthly ranges starting as low as $1,110 per month and as high as $1,390 per month. An owner looking to use this property as an investment could bring a return in the area of $1,110 - $1,390 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.

Similar Homes Nearby Millbrook, AL

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Homes On This Street
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Catalpa Rd
Millbrook, AL 36054

3 Beds   2 Baths   1,590 sq. ft.   Single-Family


Status: Inactive Listing ID: 60989033

Property Information

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Public Records

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Property Description

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