$82,457 EMV

2 Beds   1 Bath   1,056 Sq. Ft.   Single-Family
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Gilbert St
Flint, MI 48532

Overview

This Single-Family Foreclosure is located at Gilbert St, Flint, MI 48532. It has 2 Beds, 1 Bath , 1,056 sqft of living space. This property is currently bank owned with an estimated market value of $82,457.
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Status: Active
Listing ID: 58206039
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Learn about Gilbert St in Flint, MI

This single-family property is available as a foreclosure at Gilbert St. It has 2 bedrooms, 1 bathrooms, and 1,056 square feet of living space. Based on our analysis of the current market conditions in Flint for Gilbert St and comparable listings, the estimated market value is $82,457. If purchased for rental purposes, the monthly rental rate could range between $1,121 and $1,680. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Gilbert St are updated daily along with others in Flint, Michigan. Since this property is a foreclosure, check out our Foreclosure Timeline for Gilbert St below to see helpful information about this listing.


Foreclosure Timeline

Gilbert St in Flint Michigan Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Gilbert St
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07/02/22
Bank owned
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. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
06/25/21
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
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Public Records

Community & Neighborhood

This property in Flint, MI is located in the Glenwood Gardens Subdivision.


Foreclosure

The property located at Gilbert St in Flint, MI is listed as a Foreclosure

Properties like Gilbert St in Flint, Michigan 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 Flint, MI. The longer lenders own properties like this on Gilbert 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 Gilbert St located in Flint, MI is $1,400/month. Comparable homes around Gilbert St that are rentals have monthly ranges starting as low as $1,121 per month and as high as $1,680 per month. An owner looking to use this property as an investment could bring a return in the area of $1,121 - $1,680 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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Gilbert St
Flint, MI 48532

2 Beds   1 Bath   1,056 sq. ft.   Single-Family

$82,457 EMV

Status: Active Listing ID: 58206039

Property Information

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Public Records

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Property Description

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