$290,794 EMV

5 Beds   2 Baths   1,988 Sq. Ft.   Single-Family
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Foster Rd
Lenoir City, TN 37771

Status: Inactive
Listing ID: 57821316

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Property Information

  • Bedrooms: 5
  • Bathrooms: 2
  • Living Area Size: 1,988
  • Lot Size: 1.04 acres
  • Levels: 1
  • Air Conditioning: Central
  • Year Built: 1985
  • Source ID: 21489157
  • Day(s) On Site: 62
  • Subdivision: W L CLARK SURV
  • Assessed Value: $27,100
  • Parcel Number: 020 10900 000
  • Property Type: Single Family Dwelling
  • Defendant Name: WALTER ED DAVIS JR
  • Plaintiff: FREEDOM MORTGAGE CORPORATION
  • Recording Book: T1234
  • Trustee Name: WILSON AND ASSOCIATES
  • Trustee Address: 6055 PRIMACY PARKWAY SUITE 410
  • Trustee City: MEMPHIS
  • Trustee State: TN
  • Trustee Zip: 38119
  • Trustee Phone: (901) 767-5566
  • Trustee Reference Number: 328707
  • Deed Category: NTS

Potential Home Value

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Public Records

  • Baths: 2
  • Full Baths: 2
  • No. of Stories: 1
  • Parking: CARPORT
  • Exterior Wall Type: SIDING SHEATHING
  • Foundation Type: CONTINUOUS FOOTING
  • Heating Type: RADIANT
  • Roof Material: COMPOSITION SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 45,302
  • Year Built: 1985
  • APN: 020-109.00
  • Property Type: Single Family Residence
  • Living Sqft: 1,988
  • Garage: CARPORT
  • Sewer Type: PRIVATE
  • Water Type: PRIVATE
  • Subdivision: W L CLARK SURV

Preforeclosure

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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Auction Information

  • Auction Date: 06-22-2022
  • Auction Time: 02:00 PM
  • Auction Address: 601 GROVE STREET
  • Auction City: LOUDON

    Loan Information

  • 1st Mortgage Date: 12-19-2014

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Rental Value

The estimated rental value for Foster Rd located in Lenoir City, TN is $1,378/month. Comparable homes around Foster Rd that are rentals have monthly ranges starting as low as $1,201 per month and as high as $1,460 per month. An owner looking to use this property as an investment could bring a return in the area of $1,201 - $1,460 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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Foster Rd
Lenoir City, TN 37771

5 Beds   2 Baths   1,988 sq. ft.   Single-Family

$290,794 EMV

Status: Inactive Listing ID: 57821316

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=Foster-Rd-Lenoir-City-TN-37771/57821316_lid

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