$218,790 EMV

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Sere St
New Orleans, LA 70122

Overview

This is located at Sere St, New Orleans, LA 70122. 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.
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Status: Inactive
Listing ID: 59890457
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Learn about Sere St in New Orleans, LA

This property is available as a preforeclosure at Sere St. Based on our analysis of the current market conditions in New Orleans for Sere St and comparable listings, the estimated market value is $218,790. If purchased for rental purposes, the monthly rental rate could range between $1,191 and $1,610. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Sere St are updated daily along with others in New Orleans, Louisiana.


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Property Information

  • Day(s) On Site: 78
  • Plaintiff: FIDELITY BANK
  • Defendant Name: WILLIE-INAA MCKNIGHT
  • Case Number: 2021-3456
  • Judgment Value: $261,292
  • Deed Category: NFS
  • Attorney Law Firm: GRAHAM, ARCENEAUX & ALLEN, LLC
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Preforeclosure

The property located at Sere St in New Orleans, LA is listed as a Preforeclosure

The process of preforelcosure with properties like Sere St in New Orleans, Louisiana 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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Auction Information

  • Auction Date: 06-01-2023
  • Auction Time: 12:00 Noon
  • Auction Location: In the lobby of the Civil District Courthouse located at 421 Loyola Avenue at Poydras Street, New Orleans, LA.

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Rental Value

The estimated rental value for Sere St located in New Orleans, LA is $1,400/month. Comparable homes around Sere St that are rentals have monthly ranges starting as low as $1,191 per month and as high as $1,610 per month. An owner looking to use this property as an investment could bring a return in the area of $1,191 - $1,610 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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Sere St
New Orleans, LA 70122

$218,790 EMV

Status: Inactive Listing ID: 59890457

Property Information

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Sere-St-New-Orleans-LA-70122/59890457_lid

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