$640,925 EMV

4 Beds   3.5 Baths   3,062 Sq. Ft.
Get the Preforeclosure Address

Silver Oaks Dr
Fort Collins, CO 80526

Overview

This Preforeclosure is located at Silver Oaks Dr, Fort Collins, CO 80526. It has 4 Beds, 3.5 Baths , 3,062 sqft of living space. This property is currently in auction with an estimated market value of $640,925.
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Status: Inactive
Listing ID: 57795384

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Property Information

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Living Area Size: 3,062
  • Year Built: 1995
  • Source ID: 21481346
  • Day(s) On Site: 123
  • Subdivision: SILVER OAKS PUD
  • Defendant Name: JOHN M MCLEAN
  • Plaintiff: PENNYMAC LOAN SERVICES LLC
  • Recording Date: 04-13-2022
  • Trustee City: DENVER
  • Trustee Name: BARRETT FRAPPIER AND WEISSERMAN LLP
  • Trustee Address: 1391 SPEER BOULEVARD SUITE 700
  • Trustee State: CO
  • Trustee Zip: 80204
  • Trustee Phone: (303) 350-3711
  • Trustee Reference Number: 00000009476441
  • Deed Category: NFS
  • Mortgage Balance: $254,633
  • Document Number: 20220023680
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Potential Home Value

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Current Value
Potential Value
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Public Records

  • Bedrooms: 4
  • Baths: 3.5
  • Full Baths: 3
  • Half Baths: 1
  • Rooms: 9
  • No. of Stories: 2
  • Basement Sqft: 982
  • Parking: FINISHED BUILT IN GARAGE
  • Parking Sqft: 400
  • Air Conditioning: CENTRAL
  • Fireplaces: 1 OPENING
  • Exterior Wall Type: FRAME SIDING
  • Foundation Type: CONCRETE
  • Heating Fuel: GAS
  • Heating Type: CENTRAL
  • Roof Material: COMPOSITION SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 6,920
  • Year Built: 1995
  • APN: R1401220
  • Property Type: Single Family Residence
  • Living Sqft: 3,062
  • Garage: FINISHED BUILT IN
  • Sewer Type: PUBLIC
  • Water Type: PUBLIC
  • Subdivision: SILVER OAKS PUD

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

  • Auction Date: 08-10-2022
  • Auction Time: 10:00 AM
  • Auction Address: 200 W OAK ST 1ST FLOOR
  • Auction City: FORT COLLINS
  • Auction Zip: 80524

    Loan Information

  • 1st Mortgage Date: 09-22-2017
  • Mortgage Balance: $254,633

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Rental Value

The estimated rental value for Silver Oaks Dr located in Fort Collins, CO is $1,800/month. Comparable homes around Silver Oaks Dr that are rentals have monthly ranges starting as low as $1,530 per month and as high as $2,070 per month. An owner looking to use this property as an investment could bring a return in the area of $1,530 - $2,070 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
04/13/22 08/10/22 Preforeclosure Pennymac Loan Services, LLC

Fort Collins, CO
Home Inspectors
Reveal360 Inspection Services LLC
Todd Gourley
970-389-1250
Homes On This Street
View more homes on Silver Oaks Dr
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Silver Oaks Dr
Fort Collins, CO 80526

4 Beds   3.5 Baths   3,062 sq. ft.

$640,925 EMV

Status: Inactive Listing ID: 57795384

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=Silver-Oaks-Dr-Fort-Collins-CO-80526/57795384_lid

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