$270,000

3 Beds   2 Baths   1,188 Sq. Ft.   Single-Family
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Timms Cir Se
Atlanta, GA 30316

Overview

This Single-Family Foreclosure is located at Timms Cir Se, Atlanta, GA 30316. It has 3 Beds, 2 Baths , 1,188 sqft of living space. This property is currently bank owned with an estimated market value of $179,684.
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Status: Active
Listing ID: 60789342
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Learn about Timms Cir Se in Atlanta, GA

This single-family property is available as a foreclosure at Timms Cir Se. It has 3 bedrooms, 2 bathrooms, and 1,188 square feet of living space. Based on our analysis of the current market conditions in Atlanta for Timms Cir Se and comparable listings, the estimated market value is $179,684. The property located at single-family has potential equity of $-86,685. If purchased for rental purposes, the monthly rental rate could range between $1,230 and $1,510. For those interested in resale, the estimated profit from selling is $-86,685. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Timms Cir Se are updated daily along with others in Atlanta, Georgia. Since this property is a foreclosure, check out our Foreclosure Timeline for Timms Cir Se below to see helpful information about this listing.


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Foreclosure Timeline

Timms Cir Se in Atlanta Georgia Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

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08/29/23
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $270,000. 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. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
10/22/12
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
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for Timms Cir Se in Atlanta Georgia
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Property Information

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Community & Neighborhood

This property in Atlanta, GA is located in the Brookwood Subdivision.


Foreclosure

The property located at Timms Cir Se in Atlanta, GA is listed as a Foreclosure

Properties like Timms Cir Se in Atlanta, Georgia 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 in Atlanta, GA. The longer lenders own properties like this on Timms Cir Se, 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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Contact Information

Hubzu Online Auction

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Address: Timms Cir Se Atlanta GA 30316

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Rental Value

The estimated rental value for Timms Cir Se located in Atlanta, GA is $1,370/month. Comparable homes around Timms Cir Se that are rentals have monthly ranges starting as low as $1,230 per month and as high as $1,510 per month. An owner looking to use this property as an investment could bring a return in the area of $1,230 - $1,510 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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Timms Cir Se
Atlanta, GA 30316

3 Beds   2 Baths   1,188 sq. ft.   Single-Family

$270,000

Status: Active Listing ID: 60789342

Property Information

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Public Records

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Property Description

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Listing URL

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