$114,168 EMV

5 Beds   2.5 Baths   3,158 Sq. Ft.   Single-Family
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S Garfield Ave
Burlington, IA 52601

Overview

This Single-Family Foreclosure is located at S Garfield Ave, Burlington, IA 52601. It has 5 Beds, 2.5 Baths , 3,158 sqft of living space. This property is currently bank owned with an estimated market value of $114,168.
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Status: Inactive
Listing ID: 57417621

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Property Information

  • Bedrooms: 5
  • Bathrooms: 2.5
  • Living Area Size: 3,158
  • Year Built: 1890
  • Source ID: 195013714
  • Day(s) On Site: 195
  • Parcel Number: 16-05-305-027
  • Property Type: Single Family Dwelling
  • Owner Name: TWO RIVERS BANK & TRUST
  • Recording Date: 12-30-2021
  • Owner Mailing Address: PO BOX 728
  • Document Number: 0000007724

Potential Home Value

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Public Records

  • Bedrooms: 5
  • Baths: 2.5
  • Full Baths: 2
  • Half Baths: 1
  • Rooms: 11
  • No. of Stories: 2
  • Basement Sqft: 1,559
  • Parking: DETACHED FRAME GARAGE
  • Parking Sqft: 576
  • Fireplaces: MASONRY
  • Exterior Wall Type: STEEL
  • Foundation Type: STONE
  • Roof Material: SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 7,088
  • Year Built: 1890
  • APN: 16-05-305-027
  • Property Type: Apartment
  • Front Footage: 48
  • Depth Footage: 131
  • Living Sqft: 3,158
  • Garage: DETACHED FRAME
  • Style: A-FRAME
  • Sewer Type: PUBLIC
  • Water Type: PUBLIC
  •  

Foreclosure

Properties 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. The longer lenders own properties, however, 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 Garfield Ave located in Burlington, IA is $860/month. Comparable homes around S Garfield Ave that are rentals have monthly ranges starting as low as $730 per month and as high as $991 per month. An owner looking to use this property as an investment could bring a return in the area of $730 - $991 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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S Garfield Ave
Burlington, IA 52601

5 Beds   2.5 Baths   3,158 sq. ft.   Single-Family

$114,168 EMV

Status: Inactive Listing ID: 57417621

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=S-Garfield-Ave-Burlington-IA-52601/57417621_lid

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