$35,300

4 Beds   2 Baths   1,728 Sq. Ft.   Multi-Family
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E Cessna St
Wichita, KS 67210

Potential Profit

$60,012

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Status: Active
Listing ID: 58176315

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Foreclosure Timeline

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Bank Owned

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View Foreclosure Status
06/30/22
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $35,300. 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.
10/01/19
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
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Potential Home Value

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Current Value
$35,300
Potential Value
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Public Records

Foreclosure

Properties 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. The longer lenders own properties, however, 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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Address: E Cessna St Wichita KS 67210

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Rental Value

The estimated rental value for E Cessna St located in Wichita, KS is $940/month. Comparable homes around E Cessna St that are rentals have monthly ranges starting as low as $850 per month and as high as $1,110 per month. An owner looking to use this property as an investment could bring a return in the area of $850 - $1,110 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.


Wichita, KS
Home Inspectors
Sims Inspection Service
Eric Sims
316-683-1011
Quality Home Inspections, LLC
Francis Silveira
316-990-0600
Bert Kennedy
3032497838
Eagle Eye Home Inspections
Austin Ledy
316-213-0046
Tom F Beard Building Inspections
David D. Thompson
316-773-0200
Homes On This Street
View more homes on E Cessna St
foreclosure.com

E Cessna St
Wichita, KS 67210

4 Beds   2 Baths   1,728 sq. ft.   Multi-Family

$35,300

Status: Active Listing ID: 58176315

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=E-Cessna-St-Wichita-KS-67210/58176315_lid

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