$334,584 EMV

3 Beds   2 Baths   1,296 Sq. Ft.   Single-Family
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Ketchikan Lakes Rd
Ketchikan, AK 99901

Overview

This Single-Family Foreclosure is located at Ketchikan Lakes Rd, Ketchikan, AK 99901. It has 3 Beds, 2 Baths , 1,296 sqft of living space. This property is currently bank owned with an estimated market value of $334,584.
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Status: Active
Listing ID: 59846760
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Learn about Ketchikan Lakes Rd in Ketchikan, AK

This single-family property is available as a foreclosure at Ketchikan Lakes Rd. It has 3 bedrooms, 2 bathrooms, and 1,296 square feet of living space. Based on our analysis of the current market conditions in Ketchikan for Ketchikan Lakes Rd and comparable listings, the estimated market value is $334,584. If purchased for rental purposes, the monthly rental rate could range between $1,201 and $1,620. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Ketchikan Lakes Rd are updated daily along with others in Ketchikan, Alaska. Since this property is a foreclosure, check out our Foreclosure Timeline for Ketchikan Lakes Rd below to see helpful information about this listing.


Foreclosure Timeline

Ketchikan Lakes Rd in Ketchikan Alaska Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

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03/11/23
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.
11/16/22
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
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Property Information

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Community & Neighborhood

This property in Ketchikan, AK is located in the Us Surv 2635 Subdivision.


Foreclosure

The property located at Ketchikan Lakes Rd in Ketchikan, AK is listed as a Foreclosure

Properties like Ketchikan Lakes Rd in Ketchikan, Alaska 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 Ketchikan, AK. The longer lenders own properties like this on Ketchikan Lakes Rd, 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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Address: Ketchikan Lakes Rd Ketchikan AK 99901

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Rental Value

The estimated rental value for Ketchikan Lakes Rd located in Ketchikan, AK is $1,410/month. Comparable homes around Ketchikan Lakes Rd that are rentals have monthly ranges starting as low as $1,201 per month and as high as $1,620 per month. An owner looking to use this property as an investment could bring a return in the area of $1,201 - $1,620 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.

Listing History

Start Date End Date Listing Type Bank Name
01/05/23 02/03/23 Preforeclosure
11/16/22 02/03/23 Preforeclosure

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Ketchikan Lakes Rd
Ketchikan, AK 99901

3 Beds   2 Baths   1,296 sq. ft.   Single-Family

$334,584 EMV

Status: Active Listing ID: 59846760

Property Information

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Property Description

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Listing URL

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