$56,841 EMV

1 Bath   992 Sq. Ft.
Get the Preforeclosure Address

Maryland St
Mobile, AL 36604

Overview

This is located at Maryland St, Mobile, AL 36604. This listing is NOT an active listing. It has 1 Bath , 992 sqft of living space. This property is currently in auction with an estimated market value of $56,841.
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Status: Inactive
Listing ID: 58425819

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Rental Chart
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Property Information

  • Bathrooms: 1
  • Living Area Size: 992
  • Source ID: 21635996
  • Day(s) On Site: 45
  • Subdivision: DELAWARE-VIRGINIA-BR
  • Plaintiff: PNC BANK
  • Defendant Name: JERRELL W BLACK
  • Recording Book: 5137
  • Trustee Name: MCCALLA RAYMER LEIBERT AND PIERCE LLC
  • Trustee Address: 2 NORTH TWENTIETH STREET SUITE 1310
  • Trustee City: BIRMINGHAM
  • Trustee State: AL
  • Trustee Zip: 35203
  • Trustee Phone: (205) 216-4238
  • Trustee Reference Number: 22-03446AL
  • Deed Category: NFS

Potential Home Value

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Public Records

  • Baths: 1
  • Full Baths: 1
  • Rooms: 4
  • No. of Stories: 1
  • Exterior Wall Type: WOOD FRAME/ASBESTOS
  • Foundation Type: PIER
  • Roof Material: ASPHALT SHINGLE
  • Roof Type: GABLE/HIP
  • Land Area Sqft: 7,823
  • APN: R-02-29-10-38-0-004-062
  • Property Type: Single Family Residence
  • Living Sqft: 992
  • Subdivision: DELAWARE-VIRGINIA-BR
  •  

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: 09-15-2022
  • Auction Address: 205 GOVERNMENT STREET
  • Auction City: MOBILE
  • Auction Zip: 36602

    Loan Information

  • 1st Mortgage Date: 03-26-2002

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Rental Value

The estimated rental value for Maryland St located in Mobile, AL is $740/month. Comparable homes around Maryland St that are rentals have monthly ranges starting as low as $630 per month and as high as $850 per month. An owner looking to use this property as an investment could bring a return in the area of $630 - $850 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
08/25/22 09/15/22 Preforeclosure
08/16/22 09/15/22 Preforeclosure
07/08/19 10/16/19 Bankruptcy

Mobile, AL
Home Inspectors
Inspect Mobile, LLC
Brian Loften
251-295-7254
Inspect Mobile, LLC
Doug Johnson
251-295-7254
Affordable Home Inspections LLC
Harry Crump
251-454-2179
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Maryland St
Mobile, AL 36604

1 Bath   992 sq. ft.

$56,841 EMV

Status: Inactive Listing ID: 58425819

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=Maryland-St-Mobile-AL-36604/58425819_lid

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