$309,860 EMV

2 Beds   2 Baths   1,701 Sq. Ft.   Mobile Home
Get the Preforeclosure Address

Orleans St
Federal Heights, CO 80260

Overview

This Mobile Home is located at Orleans St, Federal Heights, CO 80260. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has 2 Beds, 2 Baths , 1,701 sqft of living space.
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Status: Inactive
Listing ID: 57688034

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Property Information

  • Bedrooms: 2
  • Bathrooms: 2
  • Living Area Size: 1,701
  • Lot Size: 0.20 acres
  • Year Built: 1999
  • Source ID: 184195773
  • Day(s) On Site: 246
  • Subdivision: MONTICELLO 1971-A 1983
  • Parcel Number: R0050272
  • Property Type: Mobile Home
  • Plaintiff: Land Home Financial Services, Inc.
  • Defendant Name: Steven Wayne Ninneman and Patricia A. Ninneman
  • Case Number: 8020.0066
  • Recording Date: 03-24-2022
  • Trustee Name: Messner Reeves LLP
  • Trustee Address: 1430 Wynkoop St
  • Trustee City: Denver
  • Trustee State: CO
  • Trustee Zip: 80202
  • Trustee Phone: (303) 623-1800
  • Trustee Reference Number: A202279035
  • Deed Category: NTS
  • Mortgage Balance: $100,192
  • Document Number: 2022000026338

Public Records

  • Bedrooms: 2
  • Baths: 3
  • Full Baths: 3
  • Rooms: 6
  • No. of Stories: 1
  • Air Conditioning: CENTRAL
  • Construction Type: FRAME
  • Exterior Wall Type: FRAME SIDING
  • Heating Type: FORCED AIR
  • Roof Material: COMPOSITION SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 8,715
  • Year Built: 1999
  • APN: R0050272
  • Property Type: Single Family Residence
  • Front Footage: 83
  • Depth Footage: 105
  • Living Sqft: 1,701
  • Style: RANCH
  • Subdivision: MONTICELLO 1971-A 1983

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: 11-16-2022
  • Auction Time: 10:00 AM
  • Auction Address: 1000 Judicial Center Dr
  • Auction City: Brighton

    Loan Information

  • 1st Mortgage Date: 09-09-2016
  • Mortgage Balance: $100,192

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Rental Value

The estimated rental value for Orleans St located in Federal Heights, CO is $1,408/month. Comparable homes around Orleans St that are rentals have monthly ranges starting as low as $1,090 per month and as high as $1,630 per month. An owner looking to use this property as an investment could bring a return in the area of $1,090 - $1,630 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.


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Homes On This Street
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Orleans St
Federal Heights, CO 80260

2 Beds   2 Baths   1,701 sq. ft.   Mobile Home

$309,860 EMV

Status: Inactive Listing ID: 57688034

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=Orleans-St-Federal-Heights-CO-80260/57688034_lid

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