$161,406 EMV

2 Beds   2 Baths   1,471 Sq. Ft.
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Knollcrest Dr
Marion, IA 52302

Overview

This is located at Knollcrest Dr, Marion, IA 52302. 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 2 Beds, 2 Baths , 1,471 sqft of living space.
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Status: Inactive
Listing ID: 58345991

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Property Information

  • Bedrooms: 2
  • Bathrooms: 2
  • Living Area Size: 1,471
  • Year Built: 1957
  • Source ID: 21613804
  • Day(s) On Site: 66
  • Subdivision: KNOLLCREST ADD 01
  • Plaintiff: GREENSTATE CREDIT UNION
  • Defendant Name: CHEYENNE CARPENTER
  • Case Number: EQCV098635
  • Deed Category: NFS
  • Mortgage Balance: $121,844

Potential Home Value

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Public Records

  • Bedrooms: 2
  • Baths: 2
  • Full Baths: 2
  • Rooms: 6
  • No. of Stories: 1
  • Basement Sqft: 525
  • Air Conditioning: YES
  • Exterior Wall Type: METAL SIDING
  • Foundation Type: CONCRETE
  • Heating Type: FORCED AIR
  • Roof Material: ASPHALT SHINGLE
  • Roof Type: HIP
  • Land Area Sqft: 6,534
  • Year Built: 1957
  • APN: 14-01-2-52-009-0-0000
  • Property Type: Single Family Residence
  • Township: MARION CITY
  • Living Sqft: 1,471
  • Subdivision: KNOLLCREST ADD 01
  •  

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: 09-27-2022
  • Auction Time: 10:00 AM
  • Auction Address: 310 2ND AVENUE SOUTHWEST
  • Auction City: CEDAR RAPIDS

    Loan Information

  • Mortgage Balance: $121,844

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Rental Value

The estimated rental value for Knollcrest Dr located in Marion, IA is $1,311/month. Comparable homes around Knollcrest Dr that are rentals have monthly ranges starting as low as $1,110 per month and as high as $1,510 per month. An owner looking to use this property as an investment could bring a return in the area of $1,110 - $1,510 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
09/27/22   Foreclosure
10/26/21 04/24/22 Preforeclosure Greenstate Credit Union

Marion, IA
Home Inspectors
Tomash Professional Home Inspection, LLC
Mike Tomash
319-310-1557
Birds Eye View Home Inspection
Kevin Bird
319 721-7473
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Homes On This Street
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Knollcrest Dr
Marion, IA 52302

2 Beds   2 Baths   1,471 sq. ft.

$161,406 EMV

Status: Inactive Listing ID: 58345991

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=Knollcrest-Dr-Marion-IA-52302/58345991_lid

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