$410,130 EMV

4 Beds   2 Baths   1,522 Sq. Ft.   Single-Family
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Metlock Rd
Culpeper, VA 22701

Overview

This Single-Family Foreclosure is located at Metlock Rd, Culpeper, VA 22701. It has 4 Beds, 2 Baths , 1,522 sqft of living space. This property is currently bank owned with an estimated market value of $410,130.
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Status: Active
Listing ID: 61135236
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Learn about Metlock Rd in Culpeper, VA

This single-family property is available as a foreclosure at Metlock Rd. It has 4 bedrooms, 2 bathrooms, and 1,522 square feet of living space. Based on our analysis of the current market conditions in Culpeper for Metlock Rd and comparable listings, the estimated market value is $410,130. If purchased for rental purposes, the monthly rental rate could range between $1,410 and $1,910. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Metlock Rd are updated daily along with others in Culpeper, Virginia. Since this property is a foreclosure, check out our Foreclosure Timeline for Metlock Rd below to see helpful information about this listing.


Foreclosure Timeline

Metlock Rd in Culpeper Virginia Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Metlock Rd
View Foreclosure Status
09/29/23
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.
07/13/23
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
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for Metlock Rd in Culpeper Virginia
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Property Information

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Community & Neighborhood

This property in Culpeper, VA is located in the Ritter Sd Subdivision.


Foreclosure

The property located at Metlock Rd in Culpeper, VA is listed as a Foreclosure

Properties like Metlock Rd in Culpeper, Virginia 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 Culpeper, VA. The longer lenders own properties like this on Metlock Rd, 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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Rental Value

The estimated rental value for Metlock Rd located in Culpeper, VA is $1,660/month. Comparable homes around Metlock Rd that are rentals have monthly ranges starting as low as $1,410 per month and as high as $1,910 per month. An owner looking to use this property as an investment could bring a return in the area of $1,410 - $1,910 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
10/20/23 11/10/23 Fixer Upper
07/24/23 07/28/23 Preforeclosure
07/13/23 07/28/23 Preforeclosure

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Metlock Rd
Culpeper, VA 22701

4 Beds   2 Baths   1,522 sq. ft.   Single-Family

$410,130 EMV

Status: Active Listing ID: 61135236

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=Metlock-Rd-Culpeper-VA-22701/61135236_lid

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