$310,250 EMV

2 Beds   1.5 Baths   1,038 Sq. Ft.   Single-Family
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Clayton Rd Apt 54
Concord, CA 94521

Overview

This Single-Family Preforeclosure is located at Clayton Rd Apt 54, Concord, CA 94521. It has 2 Beds, 1.5 Baths , 1,038 sqft of living space. This property is currently in pre-foreclosure with an estimated market value of $310,250.
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Status: Active
Listing ID: 59820328
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Learn about Clayton Rd Apt 54 in Concord, CA

This single-family property is available as a preforeclosure at Clayton Rd Apt 54. It has 2 bedrooms, 1.5 bathrooms, and 1,038 square feet of living space. Based on our analysis of the current market conditions in Concord for Clayton Rd Apt 54 and comparable listings, the estimated market value is $310,250. If purchased for rental purposes, the monthly rental rate could range between $1,388 and $1,480. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Clayton Rd Apt 54 are updated daily along with others in Concord, California. Since this property is a preforeclosure, check out our Foreclosure Timeline for Clayton Rd Apt 54 below to see helpful information about this listing.


Foreclosure Timeline

Clayton Rd Apt 54 in Concord California Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Clayton Rd Apt 54
View Foreclosure Status
02/21/23
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
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Preforeclosure

The property located at Clayton Rd Apt 54 in Concord, CA is listed as a Preforeclosure

The process of preforelcosure with properties like Clayton Rd Apt 54 in Concord, California begin 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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Rental Value

The estimated rental value for Clayton Rd Apt 54 located in Concord, CA is $1,410/month. Comparable homes around Clayton Rd Apt 54 that are rentals have monthly ranges starting as low as $1,388 per month and as high as $1,480 per month. An owner looking to use this property as an investment could bring a return in the area of $1,388 - $1,480 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
02/21/23   Preforeclosure Pingora Loan Servicing LLC

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Clayton Rd Apt 54
Concord, CA 94521

2 Beds   1.5 Baths   1,038 sq. ft.   Single-Family

$310,250 EMV

Status: Active Listing ID: 59820328

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=Clayton-Rd-Apt-54-Concord-CA-94521/59820328_lid

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