$90,249 EMV

840 Sq. Ft.
Get the Preforeclosure Address

Patterson St
Eden, NC 27288


This is located at Patterson St, Eden, NC 27288. 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 , 840 sqft of living space.
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Status: Inactive
Listing ID: 59600158
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Learn about Patterson St in Eden, NC

This property is available as a preforeclosure at Patterson St. Based on our analysis of the current market conditions in Eden for Patterson St and comparable listings, the estimated market value is $90,249. If purchased for rental purposes, the monthly rental rate could range between $600 and $740. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Patterson St are updated daily along with others in Eden, North Carolina.

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Property Information

  • Living Area Size: 840
  • Year Built: 1937
  • Source ID: 21843415
  • Day(s) On Site: 69
  • Subdivision: TRI-CITY DEV CORP
  • Trustee Name: Jason Purser
  • Trustee Phone: (704) 333-8107
  • Deed Category: NFS

Public Records

  • Fireplaces: YES
  • Heating Type: FORCED AIR
  • Land Area Sqft: 9,148
  • Year Built: 1937
  • APN: 137061
  • Property Type: Single Family Residence
  • Township: EDEN
  • Living Sqft: 840
  • Subdivision: TRI-CITY DEV CORP


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.


Auction Information

  • Auction Date: 03-21-2023
  • Auction Time: 01:00 PM
  • Auction Address: 170 NC Highway 65
  • Auction City: Wentworth

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Rental Value

The estimated rental value for Patterson St located in Eden, NC is $670/month. Comparable homes around Patterson St 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
03/03/23 03/21/23 Preforeclosure
01/19/23 03/12/23 Preforeclosure Carrington Mortgage Service...


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Homes On This Street
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Patterson St
Eden, NC 27288

840 sq. ft.

$90,249 EMV

Status: Inactive Listing ID: 59600158

Property Information

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Public Records

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Property Description

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