$127,490 EMV

3 Beds   2 Baths   1,459 Sq. Ft.   Single-Family
Get the Preforeclosure Address

Jacob St
Fayetteville, NC 28312

Overview

This Single-Family is located at Jacob St, Fayetteville, NC 28312. 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, 2 Baths , 1,459 sqft of living space.
Save money on this property now.

Status: Inactive
Listing ID: 61346362
Interested in this property?
View More Photos
Create a Free Account

Learn about Jacob St in Fayetteville, NC

This single-family property is available as a preforeclosure at Jacob St. It has 3 bedrooms, 2 bathrooms, and 1,459 square feet of living space. Based on our analysis of the current market conditions in Fayetteville for Jacob St and comparable listings, the estimated market value is $127,490. If purchased for rental purposes, the monthly rental rate could range between $710 and $970. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Jacob St are updated daily along with others in Fayetteville, North Carolina.


Rental Chart
View Rental and Market Value
for Jacob St in Fayetteville North Carolina
View Market Value

Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,459
  • Lot Size: 0.49 acres
  • Year Built: 1971
  • Source ID: 177696731
  • Day(s) On Site: 120
  • Subdivision: CADE HILL
  • Parcel Number: 0446-45-5524
  • Property Type: Single Family Dwelling
  • Plaintiff: Wells Fargo Bank NA
  • Recording Date: 12-18-2023
  • Defendant Name: MICHAEL C NASH AND SYLVIA NASH
  • Document Book: 08734
  • Document Page: 0464
  • Trustee Name: TRUSTEE SERVICES OF CAROLINA LLC C/O BROCK & SCOTT PLLC
  • Trustee Address: 5431 Oleander Dr
  • Trustee City: Wilmington
  • Trustee State: NC
  • Trustee Zip: 28403
  • Trustee Reference Number: 11876-0062
  • Deed Category: NOD
  • Document Number: 38511
  •  

Public Records

  • Bedrooms: 3
  • Baths: 1.5
  • Full Baths: 1
  • Half Baths: 1
  • No. of Stories: 1
  • Parking: CARPORT
  • Exterior Wall Type: BRICK
  • Foundation Type: TYPE UNKNOWN
  • Heating Fuel: ELECTRIC
  • Roof Material: COMPOSITION SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 21,344
  • Year Built: 1971
  • APN: 0446-45-5524
  • Property Type: Single Family Residence
  • Front Footage: 153
  • Depth Footage: 150
  • Living Sqft: 1,459
  • Garage: CARPORT
  • Subdivision: CADE HILL

Community & Neighborhood

This property in Fayetteville, NC is located in the Cade Hill Subdivision.


Preforeclosure

The property located at Jacob St in Fayetteville, NC is listed as a Preforeclosure

This listing located at Jacob St in Fayetteville, NC could be available as a Rent-to-Own listing as well, additional diligence will be required from the buyer to determine if this listing can be approved as a RTO.

Please take note that this property in Fayetteville, North Carolina is not listed as a Rent-to-Own (RTO) opportunity. It is currently in an initial default stage in Fayetteville, NC, commonly referred to as Pre-Foreclosure, indicating that the homeowner has missed at least one payment and is considered delinquent. However, instead of going through a potentially lengthy foreclosure process, which could take up to 18 months, the homeowner may be open to considering a Rent-to-Own option that covers their mortgage.

Since Pre-Foreclosure properties are not formally listed for sale, there is no asking price available. Instead, you’ll find either the original loan balance or an Estimated Market Value (EMV) provided. To make a reasonable offer for this home, it’s advisable to use either the loan balance or EMV amount in conjunction with local sale price comparables to determine an appropriate offer. Alternatively, the homeowner might be willing to work with you on a monthly amount that can help them avoid the foreclosure process.

You may also want to check with a real estate attorney or other legal authority to discuss the potential risks of executing a Rent-to-Own agreement with the current Pre-foreclosure owner. If the current owner in Fayetteville, North Carolina doesn't make their mortgage payments, they could lose the property which would directly affect you and your Rent-to-Own agreement.

For this reason, many buyers find a real estate investor or investment company to buy a Pre-Foreclosure property from the current owner. The investor/investment company could then offer you a Rent-to-Own agreement on that property that you worked out with them in advance, which could stabilize the investment and prevent complications.

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.

Read more...

Loan Information

  • 1st Mortgage Date: 09-26-2011

Legal Information

Credit Information Center

County Information

Document Center

Rental Value

The estimated rental value for Jacob St located in Fayetteville, NC is $840/month. Comparable homes around Jacob St that are rentals have monthly ranges starting as low as $710 per month and as high as $970 per month. An owner looking to use this property as an investment could bring a return in the area of $710 - $970 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.

Similar Homes Nearby Fayetteville, NC


The information provided on the Website, which encompasses details such as property dimensions, floor area, valuation, geographic location, and general property description, is furnished for your convenience and originates from third-party sources. This data should not be interpreted as constituting a contractual offer for the procurement, leasing, or advertising of real estate. No express or implied warranties or assurances are extended concerning these properties, including their availability. While the data presented on this Website is considered reliable, it acknowledges a degree of uncertainty, thus necessitating independent verification.

The administrators of this platform, as well as their respective directors, associates, and personnel, have not undertaken a process of due diligence to verify the accuracy of the information. Their role is limited to disseminating the information, and they do not accept liability, whether direct or indirect, for any injuries, losses, claims, damages, or associated indirect or consequential harms, including but not limited to lost profits or savings, arising from the use of any information or any deficiencies, inaccuracies, or defects in the disseminated information within the bounds of the Website.

Foreclosure.com, in conjunction with its Affiliates, disclaims any responsibility arising from your acquisition of third-party goods, services, or tangible properties based on the informational context of the Site. Foreclosure.com reserves the right, at its sole discretion and without prior notice, to rectify errors or omissions within any section of the Site or to restrict access to the Site.

Relying solely on the informational content featured on the Website is not advisable. Conduct your own personal inquiries and seek legal counsel regarding any property under consideration within the scope of the Website or the associated data.


MORTGAGE CALCULATOR

Calculate monthly mortgage payments with our easy mortgage loan calculator.

Homes On This Street
View more homes on Jacob St
foreclosure.com

Jacob St
Fayetteville, NC 28312

3 Beds   2 Baths   1,459 sq. ft.   Single-Family

$127,490 EMV

Status: Inactive Listing ID: 61346362

Property Information

Sign in to see detailed property information.

Public Records

Sign in to see detailed property information.

Property Description

Sign in to see detailed property information.

Listing URL

https://static.foreclosure.com/listing/address.html?address=Jacob-St-Fayetteville-NC-28312/61346362_lid

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2024. All Rights Reserved.