$109,079 EMV

3 Beds   1.5 Baths   1,467 Sq. Ft.   Single-Family
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Ky Highway 2417
Corbin, KY 40701

Overview

This Single-Family Foreclosure is located at Ky Highway 2417, Corbin, KY 40701. It has 3 Beds, 1.5 Baths , 1,467 sqft of living space. This property is currently bank owned with an estimated market value of $109,079.
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Status: Active
Listing ID: 60198936
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Learn about Ky Highway 2417 in Corbin, KY

This single-family property is available as a foreclosure at Ky Highway 2417. It has 3 bedrooms, 1.5 bathrooms, and 1,467 square feet of living space. Based on our analysis of the current market conditions in Corbin for Ky Highway 2417 and comparable listings, the estimated market value is $109,079. If purchased for rental purposes, the monthly rental rate could range between $980 and $1,321. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Ky Highway 2417 are updated daily along with others in Corbin, Kentucky. Since this property is a foreclosure, check out our Foreclosure Timeline for Ky Highway 2417 below to see helpful information about this listing.


Foreclosure Timeline

Ky Highway 2417 in Corbin Kentucky Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

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05/11/23
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.
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Foreclosure

The property located at Ky Highway 2417 in Corbin, KY is listed as a Foreclosure

Properties like Ky Highway 2417 in Corbin, Kentucky 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 Corbin, KY. The longer lenders own properties like this on Ky Highway 2417, 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: Ky Highway 2417 Corbin KY 40701

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Rental Value

The estimated rental value for Ky Highway 2417 located in Corbin, KY is $1,151/month. Comparable homes around Ky Highway 2417 that are rentals have monthly ranges starting as low as $980 per month and as high as $1,321 per month. An owner looking to use this property as an investment could bring a return in the area of $980 - $1,321 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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Ky Highway 2417
Corbin, KY 40701

3 Beds   1.5 Baths   1,467 sq. ft.   Single-Family

$109,079 EMV

Status: Active Listing ID: 60198936

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Listing URL

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