$199,919 EMV

3 Beds   1 Bath   1,144 Sq. Ft.   Single-Family
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E Mount Zion Rd
Independence, KY 41051


This Single-Family Preforeclosure is located at E Mount Zion Rd, Independence, KY 41051. It has 3 Beds, 1 Bath , 1,144 sqft of living space. This property is currently in pre-foreclosure with an estimated market value of $199,919
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Status: Inactive
Listing ID: 57636773

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Property Information

  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,144
  • Lot Size: 0.50 acres
  • Year Built: 1970
  • Source ID: 194071275
  • Day(s) On Site: 147
  • Parcel Number: 006-30-00-050.00
  • Property Type: Single Family Dwelling
  • Plaintiff: Newrez LLC
  • Defendant Name: JOYCE STIEBY
  • Case Number: 22-CI-00305
  • Recording Date: 03-04-2022
  • Deed Category: LP
  • Document Number: 22030405900214

Potential Home Value

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Public Records

  • Bedrooms: 3
  • Baths: 1.5
  • Full Baths: 1
  • Half Baths: 1
  • No. of Stories: 1
  • Air Conditioning: CENTRAL
  • Foundation Type: CONCRETE
  • Heating Type: FORCED AIR
  • Land Area Sqft: 21,780
  • Year Built: 1970
  • APN: 006-30-00-050.00
  • Property Type: Single Family Residence
  • Living Sqft: 1,144
  • Basement Finish Type: UNFINISHED
  • Garage: ATTACHED


Often, the preforeclosure period is the best time to purchase a property. The process begins when a lender first notifies a borrower that his or her loan payments are behind. If a borrower has no other means to bring the payments up to date, he or she is far better served to sell the property as soon as possible before it falls into foreclosure.

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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Rental Value

The estimated rental value for E Mount Zion Rd located in Independence, KY is $1,131/month. Comparable homes around E Mount Zion Rd that are rentals have monthly ranges starting as low as $960 per month and as high as $1,301 per month. An owner looking to use this property as an investment could bring a return in the area of $960 - $1,301 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.


E Mount Zion Rd
Independence, KY 41051

3 Beds   1 Bath   1,144 sq. ft.   Single-Family

$199,919 EMV

Status: Inactive Listing ID: 57636773

Property Information

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Public Records

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Property Description

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Listing URL


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