$5,750

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E Jefferson St
Ville Platte, LA 70586

Potential Profit
$134,320

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Status: Active
Listing ID: 56158369
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Learn about E Jefferson St in Ville Platte, LA

This property is available as a foreclosure at E Jefferson St. Based on our analysis of the current market conditions in Ville Platte for E Jefferson St and comparable listings, the estimated market value is $103,530. The property located at has potential equity of $134,320. If purchased for rental purposes, the monthly rental rate could range between $760 and $1,072. For those interested in resale, the estimated profit from selling is $134,320. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at E Jefferson St are updated daily along with others in Ville Platte, Louisiana. Since this property is a foreclosure, check out our Foreclosure Timeline for E Jefferson St below to see helpful information about this listing.


Foreclosure Timeline

E Jefferson St in Ville Platte Louisiana Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on E Jefferson St
View Foreclosure Status
03/02/21
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $5,750. 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 Jefferson St in Ville Platte Louisiana
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Property Information

Foreclosure

The property located at E Jefferson St in Ville Platte, LA is listed as a Foreclosure

Properties like E Jefferson St in Ville Platte, 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 Ville Platte, LA. The longer lenders own properties like this on E Jefferson 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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Rental Value

The estimated rental value for E Jefferson St located in Ville Platte, LA is $900/month. Comparable homes around E Jefferson St that are rentals have monthly ranges starting as low as $760 per month and as high as $1,072 per month. An owner looking to use this property as an investment could bring a return in the area of $760 - $1,072 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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E Jefferson St
Ville Platte, LA 70586

$5,750

Status: Active Listing ID: 56158369

Property Information

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=E-Jefferson-St-Ville-Platte-LA-70586/56158369_lid

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