$825,659 EMV

4 Beds   3 Baths   Single-Family
Get the Preforeclosure Address

La Cresta Dr Se
Salem, OR 97306


This Single-Family is located at La Cresta Dr Se, Salem, OR 97306. 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 4 Beds, 3 Baths.
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Status: Inactive
Listing ID: 58494692

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Property Information

  • Bedrooms: 4
  • Bathrooms: 3
  • Levels: 1
  • Year Built: 2005
  • Source ID: 21737806
  • Estimated Value: $394,400
  • Day(s) On Site: 165
  • Assessed Value: $376,990
  • Parcel Number: R335406
  • Property Type: Single Family Dwelling
  • Last Sale Amount: $275,000
  • Last Sale Date: 06-22-2009
  • Trustee Name: MK CONSULTANTS INC
  • Trustee City: PHOENIX
  • Trustee Address: ONE WEST DEER VALLEY RD SUITE 103
  • Trustee State: AZ
  • Trustee Zip: 85027
  • Trustee Phone: (623) 434-5560
  • Trustee Reference Number: F22-00014 OR
  • Deed Category: NFS


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.


Auction Information

  • Auction Date: 02-02-2023
  • Auction Time: 10:00 AM
  • Auction Address: 100 HIGH STREET NE
  • Auction City: SALEM

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Rental Value

The estimated rental value for La Cresta Dr Se located in Salem, OR is $1,620/month. Comparable homes around La Cresta Dr Se that are rentals have monthly ranges starting as low as $1,301 per month and as high as $1,940 per month. An owner looking to use this property as an investment could bring a return in the area of $1,301 - $1,940 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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Homes On This Street
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La Cresta Dr Se
Salem, OR 97306

4 Beds   3 Baths   Single-Family

$825,659 EMV

Status: Inactive Listing ID: 58494692

Property Information

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