$76,900

2 Beds   2 Baths   1,648 Sq. Ft.   Single-Family
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S 11th Ave
Hattiesburg, MS 39401

Potential Profit
$11,500

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Status: Active
Listing ID: 61161675
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Learn about S 11th Ave in Hattiesburg, MS

This single-family property is available as a foreclosure at S 11th Ave. It has 2 bedrooms, 2 bathrooms, and 1,648 square feet of living space. Based on our analysis of the current market conditions in Hattiesburg for S 11th Ave and comparable listings, the estimated market value is $72,362. The property located at single-family has potential equity of $11,500. If purchased for rental purposes, the monthly rental rate could range between $980 and $1,321. For those interested in resale, the estimated profit from selling is $11,500. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at S 11th Ave are updated daily along with others in Hattiesburg, Mississippi. Since this property is a foreclosure, check out our Foreclosure Timeline for S 11th Ave below to see helpful information about this listing.


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Plus with taxes and insurance

Based on 20% down, 30 year mortgage, with 5% APR

Principal
Interest
Property Taxes
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Total Monthly Ownership Cost

All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependant on credit scores, loan timeline, and a down payment amount.

Foreclosure Timeline

S 11th Ave in Hattiesburg Mississippi Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on S 11th Ave
View Foreclosure Status
11/15/23
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $76,900. 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.
Rental Chart
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for S 11th Ave in Hattiesburg Mississippi
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Property Information

  • Price: $76,900
  • Bedrooms: 2
  • Bathrooms: 2
  • Living Area Size: 1,648
  • Year Built: Sign in to view
  • Property Type: Single Family Dwelling
  •  

Public Records

Foreclosure

The property located at S 11th Ave in Hattiesburg, MS is listed as a Foreclosure

Properties like S 11th Ave in Hattiesburg, Mississippi 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 in Hattiesburg, MS. The longer lenders own properties like this on S 11th Ave, 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 S 11th Ave located in Hattiesburg, MS is $1,151/month. Comparable homes around S 11th Ave that are rentals have monthly ranges starting as low as $980 per month and as high as $1,321 per month. An owner looking to use this property as an investment could bring a return in the area of $980 - $1,321 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.

Similar Homes Nearby Hattiesburg, MS


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Homes On This Street
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S 11th Ave
Hattiesburg, MS 39401

2 Beds   2 Baths   1,648 sq. ft.   Single-Family

$76,900

Status: Active Listing ID: 61161675

Property Information

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Public Records

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Property Description

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Listing URL

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