$139,488 EMV

2 Beds   1 Bath   768 Sq. Ft.
Get the Preforeclosure Address

Se 8th St
Des Moines, IA 50315

Overview

This is located at Se 8th St, Des Moines, IA 50315. 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, 1 Bath , 768 sqft of living space.
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Status: Inactive
Listing ID: 59016754

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Rental Chart
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Property Information

  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 768
  • Year Built: 1951
  • Source ID: 22035032
  • Day(s) On Site: 58
  • Subdivision: YODER ACRES 02
  • Case Number: EQCE087065
  • Plaintiff: U.S. Bank Trust National Association, not in its individual capacity but solely as owner trustee for RCF 2 Acquisition Trust c/o U.S. Bank Trust National Association,
  • Defendant Name: Rebecca S Russell; Parties in Possession; Unknown Spouse, if any, of Rebecca S Russell,
  • Attorney Law Firm: SOUTHLAW PC
  • Attorney Phone: (913) 663-7600
  • Deed Category: NFS
  •  

Public Records

  • Bedrooms: 2
  • Baths: 1
  • Full Baths: 1
  • Rooms: 4
  • No. of Stories: 1
  • Basement Sqft: 768
  • Parking Sqft: 320
  • Exterior Wall Type: VINYL
  • Foundation Type: CONCRETE BLOCK
  • Heating Type: FORCED AIR GAS
  • Roof Material: ASPHALT SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 10,710
  • Year Built: 1951
  • APN: 120-06962000000
  • Property Type: Single Family Residence
  • Front Footage: 70
  • Depth Footage: 153
  • Living Sqft: 768
  • Garage: YES
  • Style: RANCH
  • Subdivision: YODER ACRES 02

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

  • Minimum Bid: $61,909
  • Auction Date: 01-24-2023
  • Auction Time: 10:00 AM
  • Auction Location: The Justice Center, 222 – 5th Avenue Des Moines, IA 50309

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Rental Value

The estimated rental value for Se 8th St located in Des Moines, IA is $1,220/month. Comparable homes around Se 8th St that are rentals have monthly ranges starting as low as $1,072 per month and as high as $1,400 per month. An owner looking to use this property as an investment could bring a return in the area of $1,072 - $1,400 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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Se 8th St
Des Moines, IA 50315

2 Beds   1 Bath   768 sq. ft.

$139,488 EMV

Status: Inactive Listing ID: 59016754

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=Se-8th-St-Des-Moines-IA-50315/59016754_lid

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