$145,000

2 Beds   2 Baths   1,848 Sq. Ft.   Single-Family
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Desrosier Rd
Dade City, FL 33523

Potential Profit
$293,480

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Status: Active
Listing ID: 59246399
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Learn about Desrosier Rd in Dade City, FL

This single-family property is available as a foreclosure at Desrosier Rd. It has 2 bedrooms, 2 bathrooms, and 1,848 square feet of living space. Based on our analysis of the current market conditions in Dade City for Desrosier Rd and comparable listings, the estimated market value is $396,719. The property located at single-family has potential equity of $293,480. If purchased for rental purposes, the monthly rental rate could range between $1,230 and $1,510. For those interested in resale, the estimated profit from selling is $293,480. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Desrosier Rd are updated daily along with others in Dade City, Florida. Since this property is a foreclosure, check out our Foreclosure Timeline for Desrosier Rd below to see helpful information about this listing.


Foreclosure Timeline

Desrosier Rd in Dade City Florida Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Desrosier Rd
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01/19/23
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $145,000. 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.
04/24/19
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
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VA Home

U.S. Department of Veterans Affairs (VA) is a federal agency that guarantees mortgages to homeowners who have served in the armed forces /military. Therefore, when banks foreclose on VA-guaranteed mortgages, the government agency acquires the properties and often offers them for sale at drastically-reduced prices to the public. Fast approval for veterans and lowest possible fixed-rate mortgages!

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 Desrosier Rd located in Dade City, FL is $1,370/month. Comparable homes around Desrosier Rd that are rentals have monthly ranges starting as low as $1,230 per month and as high as $1,510 per month. An owner looking to use this property as an investment could bring a return in the area of $1,230 - $1,510 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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Homes On This Street
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Desrosier Rd
Dade City, FL 33523

2 Beds   2 Baths   1,848 sq. ft.   Single-Family

$145,000

Status: Active Listing ID: 59246399

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=Desrosier-Rd-Dade-City-FL-33523/59246399_lid

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