$488,627 EMV

2 Baths   1,809 Sq. Ft.
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Mcray Ave
Springdale, AR 72762

Overview

This Preforeclosure is located at Mcray Ave, Springdale, AR 72762. It has 2 Baths , 1,809 sqft of living space. This property is currently in auction with an estimated market value of $488,627.
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Status: Inactive
Listing ID: 57995934

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Property Information

  • Bathrooms: 2
  • Living Area Size: 1,809
  • Year Built: 1979
  • Source ID: 21532438
  • Day(s) On Site: 82
  • Subdivision: OAK HILLS ADD
  • Plaintiff: ANB FINANCIAL NA
  • Defendant Name: KEVIN WALKER
  • Recording Date: 05-24-2022
  • Trustee City: LITTLE ROCK
  • Trustee Name: MACKIE WOLF ZIENTZ AND MANN PC
  • Trustee Address: 124 W. CAPITOL AVENUE SUITE 1560
  • Trustee State: AR
  • Trustee Zip: 72201
  • Trustee Phone: (501) 218-8111
  • Trustee Reference Number: 17-000240-391-3
  • Deed Category: NFS
  • Document Number: 2022-00017480

Potential Home Value

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Public Records

  • Baths: 2
  • Full Baths: 2
  • No. of Stories: 1
  • Air Conditioning: CENTRAL
  • Fireplaces: 1 STORY 1 OPENING
  • Pool: FIBERGLASS
  • Construction Type: MASONRY
  • Exterior Wall Type: BRICK VENEER
  • Foundation Type: PIER
  • Heating Type: CENTRAL
  • Roof Material: ASPHALT
  • Roof Type: GABLE
  • Land Area Sqft: 12,525
  • Year Built: 1979
  • APN: 815-24141-000
  • Property Type: Single Family Residence
  • Living Sqft: 1,809
  • Garage: YES
  • Subdivision: OAK HILLS ADD
  •  

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: 08-02-2022
  • Auction Time: 11:00 AM
  • Auction Address: 280 N. COLLEGE AVE
  • Auction City: FAYETTEVILLE

    Loan Information

  • 1st Mortgage Date: 06-01-2007

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Rental Value

The estimated rental value for Mcray Ave located in Springdale, AR is $1,620/month. Comparable homes around Mcray Ave that are rentals have monthly ranges starting as low as $1,460 per month and as high as $1,780 per month. An owner looking to use this property as an investment could bring a return in the area of $1,460 - $1,780 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
03/07/18 03/27/18 Preforeclosure ANB FINANCIAL NA

Springdale, AR
Home Inspectors
Arkansas HomeTech Inspections, Inc.
Matthew R Grigg
479-981-6550
Homes On This Street
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foreclosure.com

Mcray Ave
Springdale, AR 72762

2 Baths   1,809 sq. ft.

$488,627 EMV

Status: Inactive Listing ID: 57995934

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=Mcray-Ave-Springdale-AR-72762/57995934_lid

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