5 Beds   3.1 Baths   3,646 Sq. Ft.
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Lakeview Rd
Mexico, MO 65265

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Status: Active
Listing ID: 59907475
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Learn about Lakeview Rd in Mexico, MO

This property is available as a foreclosure at Lakeview Rd. It has 5 bedrooms, 3.1 bathrooms, and 3,646 square feet of living space. Based on our analysis of the current market conditions in Mexico for Lakeview Rd and comparable listings, the estimated market value is $217,449. The property located at has potential equity of $12,800. If purchased for rental purposes, the monthly rental rate could range between $991 and $1,378. For those interested in resale, the estimated profit from selling is $12,800. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Lakeview Rd are updated daily along with others in Mexico, Missouri. Since this property is a foreclosure, check out our Foreclosure Timeline for Lakeview Rd below to see helpful information about this listing.

Foreclosure Timeline

Lakeview Rd in Mexico Missouri Property History

Not in Foreclosure



Bank Owned

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Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $253,000. 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.
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
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HUD Home

Purchase this incredible HUD home with a low down payment! U.S. Department of Housing and Urban Development (HUD) is a federal agency that insures mortgages to homeowners through its Federal Housing Administration (FHA). Therefore, when banks foreclose on HUD-guaranteed mortgages, the government agency acquires the properties and often offers them for sale at super low prices to the public. HUD houses are among the very best deals in real estate today and, accordingly, don't last long on the market. Act fast!

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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Rental Value

The estimated rental value for Lakeview Rd located in Mexico, MO is $1,160/month. Comparable homes around Lakeview Rd that are rentals have monthly ranges starting as low as $991 per month and as high as $1,378 per month. An owner looking to use this property as an investment could bring a return in the area of $991 - $1,378 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
07/04/22 02/24/23 Preforeclosure
05/18/22 06/15/22 Preforeclosure
05/13/22 06/15/22 Preforeclosure

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Lakeview Rd
Mexico, MO 65265

5 Beds   3.1 Baths   3,646 sq. ft.


Status: Active Listing ID: 59907475

Property Information

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Public Records

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Property Description

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