$31,488 EMV

2 Beds   1 Bath   880 Sq. Ft.   Single-Family
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N Spruce St
Wichita, KS 67214

Overview

This Single-Family Foreclosure is located at N Spruce St, Wichita, KS 67214. It has 2 Beds, 1 Bath , 880 sqft of living space. This property is currently bank owned with an estimated market value of $31,488.
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Status: Active
Listing ID: 58026030

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Foreclosure Timeline

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

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View Foreclosure Status
05/20/22
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.
02/15/22
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
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Property Information

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Public Records

Foreclosure

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 through a local real estate agent or auction house. The longer lenders own properties, however, 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 N Spruce St located in Wichita, KS is $650/month. Comparable homes around N Spruce St that are rentals have monthly ranges starting as low as $649 per month and as high as $720 per month. An owner looking to use this property as an investment could bring a return in the area of $649 - $720 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
02/26/22 03/30/22 Preforeclosure
02/16/22 03/30/22 Preforeclosure
02/15/22 03/30/22 Preforeclosure

Wichita, KS
Home Inspectors
Preferred Property Inspections LLC
Rass Williams
3165544753
Sims Inspection Service
Eric Sims
316-683-1011
Bert Kennedy
3032497838
Quality Home Inspections, LLC
Francis Silveira
316-990-0600
Tom F Beard Building Inspections
David D. Thompson
316-773-0200
Homes On This Street
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N Spruce St
Wichita, KS 67214

2 Beds   1 Bath   880 sq. ft.   Single-Family

$31,488 EMV

Status: Active Listing ID: 58026030

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=N-Spruce-St-Wichita-KS-67214/58026030_lid

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