$35,054 EMV

1 Bed   1 Bath   352 Sq. Ft.   Single-Family
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Ne 131st Ln
Salt Springs, FL 32134

Status: Inactive
Listing ID: 56992282

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Property Information

  • Bedrooms: 1
  • Bathrooms: 1
  • Living Area Size: 352
  • Lot Size: 0.23 acres
  • Year Built: 1976
  • Source ID: 161122516
  • Day(s) On Site: 215
  • Subdivision: KERSHORES
  • Parcel Number: 1171-070-000
  • Property Type: Single Family Dwelling
  • Plaintiff: US Bank Trust N A
  • Defendant Name: PASCUAL COLON
  • Case Number: 20192101CA
  • Recording Date: 11-18-2021
  • Document Book: 4797
  • Document Page: 775
  • Trustee Name: ALDRIDGE PITE LLP
  • Trustee Address: 1615 S Congress Ave
  • Trustee City: Delray Beach
  • Trustee State: FL
  • Trustee Zip: 33445
  • Trustee Phone: (561) 392-6391
  • Deed Category: LP
  • Document Number: 2021160174

Potential Home Value

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Public Records

  • Bedrooms: 1
  • Baths: 1
  • Full Baths: 1
  • No. of Stories: 1
  • Exterior Wall Type: WOOD SIDING
  • Foundation Type: SLAB
  • Heating Fuel: ELECTRIC
  • Heating Type: CONVECTION
  • Roof Type: GABLE
  • Land Area Sqft: 15,681
  • Effective Year Built: 1995
  • Year Built: 1976
  • APN: 1171-070-000
  • Property Type: Single Family Residence
  • Township: CTY - SJRWMD-OR
  • Front Footage: 189
  • Depth Footage: 80
  • Living Sqft: 352
  • Sewer Type: SEPTIC
  • Water Type: WELL
  • Subdivision: KERSHORES


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.


    Loan Information

  • 1st Mortgage Date: 04-19-2007

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Rental Value

The estimated rental value for Ne 131st Ln located in Salt Springs, FL is $670/month. Comparable homes around Ne 131st Ln that are rentals have monthly ranges starting as low as $600 per month and as high as $740 per month. An owner looking to use this property as an investment could bring a return in the area of $600 - $740 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
09/18/19 04/15/20 Preforeclosure US BANK TRUST NA
09/18/19 04/15/20 Preforeclosure U S Bank Trust N A

Ne 131st Ln
Salt Springs, FL 32134

1 Bed   1 Bath   352 sq. ft.   Single-Family

$35,054 EMV

Status: Inactive Listing ID: 56992282

Property Information

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Public Records

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Property Description

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