3 Beds   1 Bath   992 Sq. Ft.
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Fairley Rd
Memphis, TN 38109

*Rental Value Coming Soon

Overview

This is located at Fairley Rd, Memphis, TN 38109. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has 3 Beds, 1 Bath , 992 sqft of living space.
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Status: Inactive
Listing ID: 59899349
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Learn about Fairley Rd in Memphis, TN

This property is available as a preforeclosure at Fairley Rd. It has 3 bedrooms, 1 bathrooms, and 992 square feet of living space. Based on our analysis of the current market conditions in Memphis for Fairley Rd and comparable listings, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Fairley Rd are updated daily along with others in Memphis, Tennessee.


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Property Information

  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 992
  • Year Built: 1955
  • Day(s) On Site: 82
  • Subdivision: AIRVIEW
  • Defendant Name: Kenneth R Brown
  • Trustee Name: American Title Company
  • Attorney Law Firm: Mackie, Wolf, Zientz, and Mann, P.C.
  • Trustee Number: KV7431
  • Deed Category: NFS

Public Records

  • Bedrooms: 3
  • Baths: 1
  • Full Baths: 1
  • Rooms: 5
  • No. of Stories: 1
  • Exterior Wall Type: BRICK VENEER
  • Heating Fuel: GAS
  • Heating Type: FORCED AIR
  • Roof Material: COMPOSITION SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 14,000
  • Year Built: 1955
  • APN: 076-107--025
  • Property Type: Single Family Residence
  • Township: MEMPHIS
  • Front Footage: 70
  • Depth Footage: 200
  • Living Sqft: 992
  • Style: OLD
  • Subdivision: AIRVIEW

Preforeclosure

The property located at Fairley Rd in Memphis, TN is listed as a Preforeclosure

The process of preforelcosure with properties like Fairley Rd in Memphis, Tennessee begin 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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Auction Information

  • Auction Date: 04-25-2023
  • Auction Time: 12:00 Noon
  • Auction Location: The Southwest door on the Adams Avenue entrance of the Shelby County Courthouse, 140 Adams Avenue, Memphis, Tennessee

Loan Information

  • 1st Mortgage Date: 01-25-2001

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Fairley Rd
Memphis, TN 38109

3 Beds   1 Bath   992 sq. ft.

 

Status: Inactive Listing ID: 59899349

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=Fairley-Rd-Memphis-TN-38109/59899349_lid

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