$5,875

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E 72nd St
Shreveport, LA 71106

Potential Profit
$44,005

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Status: Active
Listing ID: 59803240
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Learn about E 72nd St in Shreveport, LA

This property is available as a foreclosure at E 72nd St. Based on our analysis of the current market conditions in Shreveport for E 72nd St and comparable listings, the estimated market value is $45,129. The property located at has potential equity of $44,005. If purchased for rental purposes, the monthly rental rate could range between $760 and $952. For those interested in resale, the estimated profit from selling is $44,005. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at E 72nd St are updated daily along with others in Shreveport, Louisiana. Since this property is a foreclosure, check out our Foreclosure Timeline for E 72nd St below to see helpful information about this listing.


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Plus with taxes and insurance

Based on 20% down, 30 year mortgage, with 5% APR

Principal
Interest
Property Taxes
Homeowners Insurance
Total Monthly Ownership Cost

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.

Foreclosure Timeline

E 72nd St in Shreveport Louisiana Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on E 72nd St
View Foreclosure Status
03/03/23
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $5,875. 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 E 72nd St in Shreveport Louisiana
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Property Information

Foreclosure

The property located at E 72nd St in Shreveport, LA is listed as a Foreclosure

Properties like E 72nd St in Shreveport, Louisiana 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 Shreveport, LA. The longer lenders own properties like this on E 72nd St, 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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Auction Information

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Rental Value

The estimated rental value for E 72nd St located in Shreveport, LA is $840/month. Comparable homes around E 72nd St that are rentals have monthly ranges starting as low as $760 per month and as high as $952 per month. An owner looking to use this property as an investment could bring a return in the area of $760 - $952 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
05/16/13 05/15/16 Tax Lien

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E 72nd St
Shreveport, LA 71106

$5,875

Status: Active Listing ID: 59803240

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