$372,632 EMV

3 Beds   3 Baths   1,716 Sq. Ft.   Single-Family
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Concordia Ln
Boynton Beach, FL 33436

Overview

This Single-Family is located at Concordia Ln, Boynton Beach, FL 33436. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has 3 Beds, 3 Baths , 1,716 sqft of living space.
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Status: Inactive
Listing ID: 60897040
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Learn about Concordia Ln in Boynton Beach, FL

This single-family property is available as a preforeclosure at Concordia Ln. It has 3 bedrooms, 3 bathrooms, and 1,716 square feet of living space. Based on our analysis of the current market conditions in Boynton Beach for Concordia Ln and comparable listings, the estimated market value is $372,632. If purchased for rental purposes, the monthly rental rate could range between $1,730 and $2,110. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Concordia Ln are updated daily along with others in Boynton Beach, Florida.


Rental Chart
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for Concordia Ln in Boynton Beach Florida
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Property Information

  • Bedrooms: 3
  • Bathrooms: 3
  • Living Area Size: 1,716
  • Lot Size: 0.08 acres
  • Year Built: 1997
  • Source ID: 7378937
  • Day(s) On Site: 215
  • Parcel Number: 00-42-45-13-13-005-0010
  • Subdivision: PRINCETON PLACE AT GABLES END
  • Property Type: Single Family Dwelling
  • Defendant Name: DILVER C ALVAREZ
  • Plaintiff: Lakeview Loan Servicing LLC
  • Case Number: 2023CA015777
  • Recording Date: 11-20-2023
  • Document Book: 29757
  • Document Page: 340
  • Trustee Name: VAN NESS LAW FIRM PLC
  • Trustee Address: 1239 E Newport Center Dr
  • Trustee City: Deerfield Beach
  • Trustee State: FL
  • Trustee Zip: 33442
  • Trustee Phone: (954) 571-2031
  • Deed Category: LP
  • Document Number: 20230394222

Public Records

  • Bedrooms: 3
  • Baths: 2.5
  • Full Baths: 2
  • Half Baths: 1
  • No. of Stories: 1
  • Parking: FINISHED GARAGE
  • Parking Sqft: 220
  • Land Area Sqft: 3,650
  • Year Built: 1997
  • APN: 00-42-45-13-13-005-0010
  • Property Type: Single Family Residence
  • Living Sqft: 1,716
  • Township: UNINCORPORATED PALM BEACH CNTY
  • Garage: FINISHED
  •  
  • Subdivision: PRINCETON PLACE AT GABLES END

Community & Neighborhood

This property in Boynton Beach, FL is located in the Princeton Place At Gables End Subdivision.


Preforeclosure

The property located at Concordia Ln in Boynton Beach, FL is listed as a Preforeclosure

This listing located at Concordia Ln in Boynton Beach, FL could be available as a Rent-to-Own listing as well, additional diligence will be required from the buyer to determine if this listing can be approved as a RTO.

Please take note that this property in Boynton Beach, Florida is not listed as a Rent-to-Own (RTO) opportunity. It is currently in an initial default stage in Boynton Beach, FL, commonly referred to as Pre-Foreclosure, indicating that the homeowner has missed at least one payment and is considered delinquent. However, instead of going through a potentially lengthy foreclosure process, which could take up to 18 months, the homeowner may be open to considering a Rent-to-Own option that covers their mortgage.

Since Pre-Foreclosure properties are not formally listed for sale, there is no asking price available. Instead, you’ll find either the original loan balance or an Estimated Market Value (EMV) provided. To make a reasonable offer for this home, it’s advisable to use either the loan balance or EMV amount in conjunction with local sale price comparables to determine an appropriate offer. Alternatively, the homeowner might be willing to work with you on a monthly amount that can help them avoid the foreclosure process.

You may also want to check with a real estate attorney or other legal authority to discuss the potential risks of executing a Rent-to-Own agreement with the current Pre-foreclosure owner. If the current owner in Boynton Beach, Florida doesn't make their mortgage payments, they could lose the property which would directly affect you and your Rent-to-Own agreement.

For this reason, many buyers find a real estate investor or investment company to buy a Pre-Foreclosure property from the current owner. The investor/investment company could then offer you a Rent-to-Own agreement on that property that you worked out with them in advance, which could stabilize the investment and prevent complications.

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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Loan Information

  • 1st Mortgage Date: 03-30-2018

Legal Information

Credit Information Center

County Information

Document Center

Rental Value

The estimated rental value for Concordia Ln located in Boynton Beach, FL is $1,920/month. Comparable homes around Concordia Ln that are rentals have monthly ranges starting as low as $1,730 per month and as high as $2,110 per month. An owner looking to use this property as an investment could bring a return in the area of $1,730 - $2,110 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
04/22/24   Preforeclosure Lakeview Loan Servicing LLC
04/16/24   Preforeclosure

Similar Homes Nearby Boynton Beach, FL


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Concordia Ln
Boynton Beach, FL 33436

3 Beds   3 Baths   1,716 sq. ft.   Single-Family

$372,632 EMV

Status: Inactive Listing ID: 60897040

Property Information

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Public Records

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Property Description

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Listing URL

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