$715,700 EMV

3 Beds   1 Bath   1,308 Sq. Ft.   Condo
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Snell Ave
San Jose, CA 95136

Overview

This Condo Preforeclosure is located at Snell Ave, San Jose, CA 95136. It has 3 Beds, 1 Bath , 1,308 sqft of living space. This property is currently in pre-foreclosure with an estimated market value of $715,700
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Status: Inactive
Listing ID: 57653268

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Property Information

  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,308
  • Lot Size: 0.02 acres
  • Year Built: 1971
  • Source ID: 10094457
  • Day(s) On Site: 146
  • Subdivision: MONTECITO
  • Parcel Number: 685-20-046
  • Property Type: Condo
  • Plaintiff: Montecito Homeowners Assn
  • Defendant Name: SONA, EDITH M
  • Recording Date: 03-10-2022
  • Trustee Name: ALLIED TRUSTEE SERVICES
  • Trustee Address: 990 Reserve Dr
  • Trustee City: Roseville
  • Trustee State: CA
  • Trustee Zip: 95678
  • Trustee Phone: (877) 282-4991
  • Trustee Reference Number: 21-11755
  • Deed Category: NOD
  • Document Number: 202225257917

Potential Home Value

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Public Records

  • Bedrooms: 3
  • Baths: 1.5
  • Full Baths: 1
  • Half Baths: 1
  • Rooms: 5
  • No. of Stories: 2
  • Parking: CARPORT
  • Fireplaces: YES
  • Construction Type: WOOD
  • Exterior Wall Type: STUCCO
  • Roof Material: BUILT UP
  • Land Area Sqft: 1,080
  • Effective Year Built: 1972
  • Year Built: 1971
  • APN: 685-20-046
  • Property Type: Condominium
  • Front Footage: 20
  • Depth Footage: 54
  • Living Sqft: 1,308
  • Garage: CARPORT
  • Style: L-SHAPE
  • Sewer Type: PUBLIC
  • Water Type: PUBLIC
  • Subdivision: MONTECITO

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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    Loan Information

  • 1st Mortgage Date: 12-08-2021

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Rental Value

The estimated rental value for Snell Ave located in San Jose, CA is $2,350/month. Comparable homes around Snell Ave that are rentals have monthly ranges starting as low as $2,000 per month and as high as $2,700 per month. An owner looking to use this property as an investment could bring a return in the area of $2,000 - $2,700 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.


San Jose, CA
Home Inspectors
Compass Home Inspections L.L.C.
Brett K Reeder
408-980-7177
HomeGuard Incorporated
Andrew Candelario
866-993-1900
HomeGuard Incorporated
Emery Shandil
855-331-1900
Magnum Property Inspection, Inc.
Ken Collins
408-226-6200
HomeGuard Incorporated
Andrew Thomas Amon
855-331-1900
Homes On This Street
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Snell Ave
San Jose, CA 95136

3 Beds   1 Bath   1,308 sq. ft.   Condo

$715,700 EMV

Status: Inactive Listing ID: 57653268

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=Snell-Ave-San-Jose-CA-95136/57653268_lid

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