$465,100 EMV

3 Beds   2 Baths   1,182 Sq. Ft.   Single-Family
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Parker Ranch Way
Modesto, CA 95355


This Single-Family Preforeclosure is located at Parker Ranch Way, Modesto, CA 95355. It has 3 Beds, 2 Baths , 1,182 sqft of living space. This property is currently in pre-foreclosure with an estimated market value of $465,100.
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Status: Active
Listing ID: 59889402
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Learn about Parker Ranch Way in Modesto, CA

This single-family property is available as a preforeclosure at Parker Ranch Way. It has 3 bedrooms, 2 bathrooms, and 1,182 square feet of living space. Based on our analysis of the current market conditions in Modesto for Parker Ranch Way and comparable listings, the estimated market value is $465,100. If purchased for rental purposes, the monthly rental rate could range between $1,550 and $1,890. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Parker Ranch Way are updated daily along with others in Modesto, California. Since this property is a preforeclosure, check out our Foreclosure Timeline for Parker Ranch Way below to see helpful information about this listing.

Foreclosure Timeline

Parker Ranch Way in Modesto California Property History

Not in Foreclosure



Bank Owned

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Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
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The property located at Parker Ranch Way in Modesto, CA is listed as a Preforeclosure

The process of preforelcosure with properties like Parker Ranch Way in Modesto, California begin 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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Rental Value

The estimated rental value for Parker Ranch Way located in Modesto, CA is $1,720/month. Comparable homes around Parker Ranch Way that are rentals have monthly ranges starting as low as $1,550 per month and as high as $1,890 per month. An owner looking to use this property as an investment could bring a return in the area of $1,550 - $1,890 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
07/15/19 10/04/19 Preforeclosure DEUTSCHE BK NATL TRUST CO TR

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Parker Ranch Way
Modesto, CA 95355

3 Beds   2 Baths   1,182 sq. ft.   Single-Family

$465,100 EMV

Status: Active Listing ID: 59889402

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