3 Beds   1.5 Baths   980 Sq. Ft.

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N Elm Ave
Henrico, VA 23075

Status: Inactive
Listing ID: 56767994

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Property Information

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Living Area Size: 980
  • Year Built: 1980
  • Day(s) On Site: 63
  • Improvement Value: $137,100
  • Subdivision: HIGHLAND SPGS
  • Land Assessed Value: $24,000.00
  • Land Assessed Value: $24,000
  • Trustee Name: Glasser and Glasser
  • Trustee Phone: (757) 625-6787
  • Deed Category: NTS
  • Document Number: 225016
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Public Records

  • Bedrooms: 3
  • Baths: 1.5
  • Full Baths: 1
  • Half Baths: 1
  • Rooms: 5
  • No. of Stories: 1
  • Air Conditioning: CENTRAL
  • Exterior Wall Type: ALUMINUM/VINYL
  • Foundation Type: CONCRETE BLOCK
  • Heating Type: HEAT PUMP
  • Roof Material: COMPOSITION
  • Land Area Sqft: 4,808
  • Effective Year Built: 1980
  • Year Built: 1956
  • APN: 823-726-3912
  • Property Type: Single Family Residence
  • Township: VARINA
  • Living Sqft: 980
  • Style: RANCH
  • Subdivision: HIGHLAND SPGS

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

  • Minimum Bid: $16,000
  • Auction Date: 10-18-2021
  • Auction Time: 2:00:00 PM
  • Auction Location: Henrico County Circuit Court 4301 E. Parham Road (E. Parham and Hungary Spring Roads) Henrico, VA 23228

    Loan Information

  • 1st Mortgage Amount: $161,505

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Listing History

Start Date End Date Listing Type Bank Name
10/02/21 10/18/21 Preforeclosure

Henrico, VA
Home Inspectors

Kevin Knitter, LLC
Kevin Knitter
804-878-6235
Home System Inspections
Charles Chisholm
804-370-6611
foreclosure.com

N Elm Ave
Henrico, VA 23075

3 Beds   1.5 Baths   980 sq. ft.

 

Status: Inactive Listing ID: 56767994

Property Information

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Public Records

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Property Description

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Listing URL

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